Forbes  Jun 1  Comment 
Pete Winstead, founding member of Winstead PC, talks about the motivation behind hanging his own shingle, the values that have brought the firm to where it is today, and some of the business aspects behind his firm’s success, including...
Cellular News  May 25  Comment 
OTTAWA, Ontario andOptical networking solution provider Optelian today announced that Bryan Hall has joined the team as Senior Vice President of Sales. In his new role, Hall will lead worldwide sales and business development. ...
Cellular News  May 21  Comment 
andnbsp;MoneyOnMobile, Inc. (OTCQX: MOMT) announced today that it has hired Ankit Sahu to be its Vice President of Business Development. Click here for more.
Channel News Asia  May 15  Comment 
SINGAPORE: 1-Net Singapore, a data centre services provider owned by Mediacorp, announced two new appointments on Monday (May 15), for the posts of managing director and business development director.  1-Net's new director of business...
Forbes  May 8  Comment 
Forbes Business Development Council members are senior-level sales and business development executives.
Insurance Journal  May 8  Comment 
Willis Towers Watson has appointed Thomas Zacharopoulos as Midwest leader for its Financial Institutions Industry group. Zacharopoulos will be responsible for business development and delivering the full scope of the company’s distinctive...
Cellular News  May 4  Comment 
andnbsp;BuzzBoard, the largest intelligence engine around small and midsize businesses (SMBs), announced today the hiring of Lem Lloyd to the role of Senior Vice President of Revenue and Business Development. He brings two decades of experience in...
Insurance Journal  Apr 24  Comment 
Matthew Smith has been named a director within the national sales and marketing team in the Houston office of the national insurance brokerage firm, Crystal & Company. He is responsible for business development and expanding client relationships....
The Economic Times  Apr 20  Comment 
The company has asked Kamal Gianchandani, Chief Business Planning & Strategy, to take over Kapoor's responsibilities immediately.
Mondo Visione  Apr 19  Comment 
CloudMargin, the multi-award winning creator of the world's first web-based collateral and margin management solution, announced today the hiring of Laurence Jones and Marc Desanges to further the firm's sales efforts globally. Jones, now...


A business development company (BDC) is a company that makes private equity investments, and is essentially a private equity firm that goes public and sells shares of itself. It is funded with the purpose of lending and investing in private companies. A business development company is similar to a Venture Capital (VC) firm, but a key difference is that BDCs allow retail investors to invest, via the BDC, in startup companies. Many BDCs are listed on the NYSE, AMEX, and Nasdaq (see the list below).

American BDCs are required to invest at least 70% of assets in private U.S. companies. Most BDCs have regulated investment company status, which means they must distribute at least 90% of their taxable income to shareholders each year. This also means a BDC can't put more than 5% of assets in any single investment or buy more than 10% of another company's voting stock, or put more than 25% of assets into a business they control or into businesses in the same industry.

The establishment of business development companies allowed retail investors to participate in and benefit from investing in private businesses by allowing them to buy shares of closed end funds that invested in these businesses. The term business development company was defined in the Investment Company Act of 1940, section 2(a)(48). To qualify as a BDC, a company must comply with Section 54 of this same act. The Investment Company Act set standards by which investment companies should be regulated, including mutual funds.

Examples of publicly-traded business development companies include:

External Resources

Business Plan Writer | Business Plan Writers | Business Plan Writing Service | Business Plan Service

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki