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Solar Senior Capital Ltd to Change Name to SLR Senior Investment Corp ; Investment Advisor Rebrands Platform

Solar Senior Capital Ltd. to Change Name to SLR Senior Investment Corp.; Investment Advisor Rebrands Platform Solar Senior Capital Ltd. New York, New York, UNITED STATES NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) Solar Senior Capital Ltd. (Nasdaq: SUNS) today announced that it will change its name to SLR Senior Investment Corp (“SLR Senior Investment,” “SUNS,” or the “Company”), effective February 25, 2021. This will reflect the concurrent platform rebranding of SUNS’ investment advisor, Solar Capital Partners, to SLR Capital Partners (“SLR” or the “Advisor”). The new names will utilize one brand across the platform. SLR Senior Investment will continue to trade on the Nasdaq under the symbol SUNS.

Business Development Companies proposal for alternative mooring facility reaches Cabinet – NPA

Source: Kwesi Arhin, Contributor Hassan Tampuli, CEO, NPA The Chief Executive Officer (CEO) of the National Petroleum Authority (NPA), Hassan Tampuli, has said a proposal by Bulk Oil Distributors for an alternative Conventional Buoy Mooring (CBM) facility has been sent to cabinet for possible approval. He said the Attorney General, Madam Gloria Akuffo, has given her opinion on the issue and a decision will be taken in due course. Mr. Tampuli’s comments come after a long wait by players in the downstream petroleum sector who have been pushing for an alternative mooring facility which is being spearheaded by Pexus Mooring Limited, an SPV set up by the Ghana Chamber of Bulk Oil Distributors (CBOD) for the development of a Single Point Mooring (SPM) facility. They have insisted that the alternative facility would be a useful and necessary back-up facility for the existing mooring facility which was built in 2006.

Business Development ETFs Like BIZD Aren t Monkeying Around

February 19, 2021 In the current low rate environment, fixed income investors don’t have time for any monkey business. When it comes to seeking income sources, one promising place to look is business development companies (BDCs) via the BIZD gets down to business by seeking to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Business Development Companies Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index is comprised of BDCs. BDCs are vehicles whose principal business is to invest in, lend capital to, or provide services to privately-held companies or thinly traded U.S. public companies. Getting financing nowadays can be tough through traditional means like big banks. BDCs help fill the gap.

What Is A Fund Of Funds?

WKBT February 12, 2021 9:58 AM E. Napoletano - Forbes Advisor Posted: Updated: February 14, 2021 8:42 AM A fund of funds is an investment vehicle that invests in mutual funds, exchange-traded funds (ETFs) or even hedge funds. When you invest in a fund of funds, you get an entire diversified investment portfolio at once, featuring broad exposure to many different asset classes with less risk involved. How a Fund of Funds Works With mutual funds,ETFs and hedge funds, investors buy shares and fund managers put the capital to work in assets like bonds and stocks, depending on the fund’s investment strategy. A short-term municipal bond fund, for example, would use its investors’ money to build a portfolio of short-term municipal bonds. This gives participants the benefit of having a professional manager select investments for them while spreading out the risk across many individual securities.

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