Investing in Business Development Companies (BDCs) and other Niche Assets That Trade on Stock Exchanges
Money For the Rest of Us
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Investing in Business Development Companies (BDCs)
BDCs are a special type of closed-end investment company. They directly fund businesses that have revenues between $10 million and $1 billion. There's 34 M-REITs outstanding, which invest in residential and commercial mortgages. The idea was to flow capital to be invested in small to mid-sized private businesses.
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