We analyze the top-performing BDCs as of H1 2026 across one, three, and since-inception periods.
The deal will lower the surviving fund's base management fee to 1% and broaden investor access through brokerage and advisory channels.
The non-traded BDC accepted all 1.8 million shares tendered in Q3, with investors to receive non-interest-bearing, non-transferable promissory notes instead of immediate cash.
CFO Kirill Bouek's resignation follows the departure of the non-traded BDC's President, Raymond Barrios, in August.
Investors in North Haven Private Income Fund sought to redeem 11.4% of outstanding shares in Q3.
The non-traded BDC accepted all valid tenders, representing about 3.6% of outstanding shares as of June, with payment to be made through State Street-held promissory notes.
Proceeds from the offering will be used to make investments and reduce the non-traded BDC's indebtedness.
Investors in the North Haven Private Income Fund sought to redeem 11.6% of outstanding shares in Q2.
The announcement comes as investors in Blue Owl's non-traded BDC shunned an earlier Saba and Cox Capital joint-offer to repurchase shares at a steep discount.
North Haven Private Income Fund adhered to its 5% repurchase cap, fulfilling less than half of the 10.9% of shares outstanding tendered.
