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The ABCs of BDCs

May 1, 2012

Financial Planning outlines the history of business development companies (BDCs) and how proponents today advocate them as an investment alternative to consider. In the piece, Partner Cynthia M. Krus breaks down the structure of traded and nontraded variations. She also explains how "BDCs are more regulated than private equity, but are permitted to have somewhat more leverage than mutual funds."

Vice chair of Corporate and Financial Services practices, Ms. Krus has been involved in numerous public and private securities offerings and has advised clients in connection with a variety of corporate transactions including mergers and acquisitions, proxy contests, exchange and rights offerings, going-private transactions and reorganizations.

To read the May 1, 2012, article in full, click here.

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