WhiteHorse Finance, Inc. Overview
Pro stress-test →WhiteHorse Finance is an externally managed, non-diversified, closed-end management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a broad range of industries.
Strategic Profile
Pro stress-test →WhiteHorse focuses on a diversified investment portfolio principally focused on senior secured loans to performing lower middle market companies with enterprise values generally between $50 million and $350 million. The Company maintains consistent quarterly dividend payments, unchanged and uninterrupted, since becoming a public company.
Competitive Landscape
Pro stress-test →WhiteHorse operates in the BDC segment competing with other middle-market lending platforms. Key competitors include Ares Capital (ARCC), Apollo Investment Corporation (AINV), Great Elm Capital Corp., TriplePoint Venture Growth BDC Corp., and Investcorp Credit Management BDC, Inc. as referenced by financial platforms. The BDC landscape is characterized by mature, established players with larger asset bases and differentiated lending strategies across sectors including technology, healthcare, and traditional industries.
Industry Context
WhiteHorse Finance, Inc. operates in Business development company (BDC) lending.
Key facts
Founded: 2012 · Headquarters: Miami, US · Employees: N/A · Revenue: N/A · Market cap: $166M