Gladstone Investment Corporation (GAIN)
Gladstone Investment Corporation specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options.
The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business services/ distribution sector. It seeks to invest in small and mid-sized companies based in the United States.
The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with sales between $20 million and $100 million.
The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies.
It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.
|IPO Date||Jun 23, 2005|
1616 Anderson Rd
Mclean, Virginia 22102
|Fiscal Year||April - March|
|Reporting Currency||US Dollars|
|David John Gladstone||Chairman and Chief Executive Officer|
|Terry Lee Brubaker||Vice Chairman, Assistant Secretary and Chief Operating Officer|
|David A. R. Dullum||President|
|Julia Ryan CPA||Chief Financial Officer and Treasurer|
|Karin McLaughlin||Investor Relations Specialist|
|Michael Bernard LiCalsi||General Counsel and Secretary|
|John Anthony Dellafiora Jr.||Chief Compliance Officer|
|Paula Novara||Head of Resources Management|
|Erika Highland||Managing Director|
|Kyle Largent CFA||Executive Vice President and Managing Director|
Latest SEC Filings
|Nov 23, 2021||40-17G||Fidelity Bond [Rule 17G-1(g)]|
|Nov 2, 2021||8-K||Current report|
|Nov 2, 2021||10-Q||Quarterly report [Sections 13 or 15(d)]|
|Oct 18, 2021||EFFECT||Notice of Effectiveness|
|Oct 12, 2021||8-K||Current report|
|Oct 12, 2021||CORRESP||Correspondence|
|Oct 7, 2021||8-K||Current report|
|Sep 3, 2021||N-2||Registration statement for closed-end investment companies|
|Aug 20, 2021||8-K||Current report|
|Aug 18, 2021||CERT||Certification by an exchange approving securities for listing|
|View All SEC Filings|