Inactive Instrument

Company KCAP Financial Inc Nasdaq

Equities

US48668E1010

Closed End Funds

Business Summary

Portman Ridge Finance Corporation (the Fund) is a non-diversified closed-end investment company. The Fund’s investment objective is to generate current income and, to a lesser extent, capital appreciation from the investments in senior secured term loans, mezzanine debt and selected equity investments in privately held middle market companies. The Fund primarily invests in first and second lien term loans. The Fund originates, structures and invests in secured term loans, bonds or notes and mezzanine debt primarily in privately held middle market companies but may also invest in other investments, such as loans to publicly traded companies, high-yield bonds and distressed debt securities (collectively, the Debt Securities Portfolio). The Fund also invests in debt and subordinated securities issued by collateralized loan obligation funds (CLO Fund Securities). The Fund's investment advisor is Sierra Crest Investment Management LLC and is an affiliate of BC Partners LLP.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
38 100.0 % 50 100.0 % +28.94%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
38 100.0 % 50 100.0 % +28.94%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 19-03-31
Director of Finance/CFO 46 21-02-28
Compliance Officer 54 -
Chief Investment Officer 38 19-03-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 59 06-11-30
Director/Board Member 67 12-01-31
Director/Board Member 53 20-10-25
Director/Board Member 66 19-03-31
Chief Executive Officer 48 19-03-31
Director/Board Member - -
Director/Board Member 68 20-10-25
Director/Board Member 58 19-03-31
Director/Board Member 61 19-03-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 9,898,993 9,125,903 ( 92.19 %) 560,253 ( 5.660 %) 92.19 %

Shareholders

NameEquities%Valuation
Repertoire Partners LP
7.193 %
671,767 7.193 % 13 M $
UBS Financial Services, Inc.
4.242 %
396,163 4.242 % 8 M $
Clayton Partners LLC
2.114 %
197,401 2.114 % 4 M $
167,400 1.793 % 3 M $
Advisors Asset Management, Inc.
1.362 %
127,169 1.362 % 2 M $
Two Sigma Investments LP
1.262 %
117,878 1.262 % 2 M $
Two Sigma Advisers LP
1.247 %
116,500 1.247 % 2 M $
Punch & Associates Investment Management, Inc.
1.127 %
105,220 1.127 % 2 M $
Raymond James & Associates, Inc.
1.117 %
104,314 1.117 % 2 M $
Bulldog Investors LLP
1.082 %
101,068 1.082 % 2 M $

Company contact information

Portman Ridge Finance Corp.

650 Madison Avenue 23rd floor

10022, New York

+212 891 2880

http://www.portmanridge.com
address KCAP Financial Inc
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