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Main Street Capital Thrives Amid BDC Crisis
The business development company sector is in turmoil, with major players folding and investors fleeing private credit amid record redemptions and Moody’s downgrade — but one standout, Main Street Capital, is thriving thanks to its bold dual strategy of lending and equity stakes in small businesses, delivering a 160% net asset value gain since 2007 and even modest growth last quarter while peers suffer. Their in-house asset management also slashes costs, fueling consistent dividends — proving resilience when the market is crumbling. Support the show:Get a discount at…
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