Business Description
Kayne Anderson BDC Inc. is an investment fund focused on lending to privately owned mid-sized businesses. The large majority of its portfolio consists of senior secured loans, which sit at the top of the repayment priority ladder and offer strong creditor protections. A smaller portion is allocated to higher-returning investments such as subordinated loans, high-yield bonds, and other specialty instruments. The fund is externally managed and operates under the regulatory framework governing Business Development Companies.