RECENT NEWS
TechCrunch  May 20  Comment 
 Jungle Ventures, the Singapore-based VC firm that launched a $100 million fund last year, has recruited three new operating partners to its team. Michael Smith comes from streaming service HOOQ, where he was chief product officer, joining recent...
Automotive World  May 18  Comment 
Alex Serrarens, Manager Business Development, Punch Powertrain has been confirmed as a speaker at Fuel Economy Pune. Alex Serrarens has been with Punch Powertrain since 2013. As Manager Business Development he is responsible for the integration,...
Insurance Journal  May 17  Comment 
ITS, a Dallas-based insurance technology consulting and services firm, has added Marti Daniels as vice president of business development for the Midwest. Daniels brings significant industry experience to ITS, with more than 23 years in insurance...
The Economic Times  May 15  Comment 
The new employees would be a mix of sales and business development professionals in the key markets it operates in, along with customer management staff.
newratings.com  May 13  Comment 
Delticom publishes Q1 business development DGAP-News: Delticom AG / Key word(s): Quarterly / Interim Statement Delticom publishes Q1 business development 13.05.2016 / 09:03 The issuer is solely responsible for the content of this...
Automotive World  May 12  Comment 
Carla Bailo, Assistant Vice President – Mobility Research and Business Development, The Ohio State University has been confirmed as a speaker at Autonomous Car Detroit. Carla Bailo is Assistant Vice President – Mobility Research and Business...
Mondo Visione  May 11  Comment 
Speakerbus, the specialist provider of critical voice solutions for financial, emergency and command sectors, announced today that Dimuth Jayasinghe has joined the company in an account management and business development capacity. Jayasinghe has...
Forbes  May 9  Comment 
Your sales team doesn’t only consist of business development representatives and account executives. Your designer, your customer support rep, and even your engineer all play a role in closing a deal. Everyone at your company is in sales.
newratings.com  May 9  Comment 
CLIQ Digital AG announces preliminary figures for 2015 and business development of the first quarter 2016 - significant increase in profitability DGAP-News: Cliq Digital AG / Key word(s): Preliminary Results CLIQ Digital AG announces preliminary...
The Economic Times  May 5  Comment 
Mike Hayes, Director, Business Development, Android & Chrome Partnerships at Google told ET that a broader view of the Android One programme was being taken even as the program has been getting interest from a number of handset vendors globally




 
TOP CONTRIBUTORS

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