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A Warning Shot Across the Bow for Investors in Business Development Companies (“BDCs”)

An April 10, 2016 article in The Wall Street Journal (“A $2.5 Billion BDC Halts Redemptions After Limit Reached”) describes how volatile markets have prompted a “rush of investors” to attempt to redeem their investments in non-traded Business Development Companies. The Business Development Corporation of America (“BDCA”), a $2.5 billion fund, said in a securities […]

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