How Do You Value a BDC?

While there are a number of factors to consider, management structure is arguably one of the most important.

Internally managed BDCs historically tend to have more favorable valuations than externally managed BDCs.

Contact us at info@coxcp.com if you're interested in learning more about how we apply these concepts to non-traded and private debt funds

Source: Cox Capital Partners, SEC Filings, Interactive Brokers.