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Steven Grigoriou Quoted in With Intelligence on Benefits of BDC Structures
11.01.23
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Partner Steven Grigoriou was quoted in an article by With Intelligence about managers choosing BDCs for their first private credit funds. Steven discussed the benefits of BDCs and noted, “Sponsors often look to a BDC structure for their first private credit fund because of some of the unique benefits BDCs provide to investors.” He further explained that BDCs offer investors a transparent and tax-efficient means of accessing investments that have historically been limited to much larger institutional investors and that BDC investors benefit from the regulatory protections of the Investment Company Act. He added, “For their part, sponsors can access a larger investor base, including the high net worth investor channels, by offering a BDC.”
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