Fidus Investment Corporation operates as an externally managed, closed-end, non-diversified business development company. The Company provides customized debt and equity financing solutions to lower middle-market companies. The Company's investment objective is to provide attractive risk-adjusted returns by generating both incomes from its debt investments and capital appreciation from its equity-related investments. The Company's equity securities typically consist of either a direct minority equity investment in common or preferred stock or membership/partnership interests of a portfolio company, or it may receive warrants to buy a minority equity interest in a portfolio company in connection with a debt investment. The Company invests primarily in unitranche or first lien senior secured loans. The Companyâs investment activities are managed by Fidus Investment Advisors, LLC, its investment advisor.
More about the company