SLR Investment Corp. Overview
Pro stress-test →SLR Investment Corp. is a closed-end, externally managed business development company that provides customized debt and equity financing solutions to middle-market companies, seeking to generate current income and capital appreciation by investing primarily in senior secured loans, second lien financings, mezzanine debt and equity co-investments. The company became a listed BDC in Q1 2010 and maintains investment grade ratings from Moody's and Fitch.
Strategic Profile
Pro stress-test →Its flexible capital approach allows it to structure financing across the capital structure to address a range of sponsor-backed transactions. SLRC is externally managed by SLR Capital Partners, LLC, an independent investment advisor co-founded by Michael Gross and Bruce Spohler in 2006, with approximately 300 employees including over 130 origination and investment professionals.
Competitive Landscape
Pro stress-test →SLRC competes with other BDCs in the middle-market lending space including Golub Capital BDC, Barings BDC, Carlyle Secured Lending, and Bain Capital Specialty Finance. The competitive landscape centers on origination capabilities, portfolio quality, and dividend sustainability. SLRC's investment-grade ratings and established management team provide differentiation.
Industry Context
SLR Investment Corp. operates in Business Development Company (BDC) / Alternative Credit / Middle-Market Lending.
Key facts
Founded: 2010 · Employees: 300 · Revenue: $54.46M · Market cap: $0.79B