BDC Weekly Roundup 1/31/2011

The BDCR Index reclaimed last week's losses and rose by an amount of 3.88% from a level of 314.07 on 1/21/2011 to 326.74 for the week ending 1/28/2011. The major winners were TINY (+11.53%) and FSC (+10.81%) and the major losers were GAIN (-5.61%) and GLAD (-0.26%).

Chart:

Some notable news items:
FSC - Upgraded by Stifel Nicolaus, issues 10million shares today
MCGC - Renews $150m secured credit facility - http://www.streetinsider.com/IPOs/MCG+Capital+%28MCGC%29+Secures+$150M+Secured+Warehouse+Cradit+Facility+Renewal/6235033.html
PSEC - Makes another large investment - http://finance.yahoo.com/news/Prospect-Capital-Provides-282-iw-2812588062.html?x=0&.v=1
TINY - Portfolio company BioVex to be acquired - http://biz.yahoo.com/e/110124/tiny8-k.html

BDC Weekly Roundup 1/17/2011

The BDCR Index rose by 1.65% from a level of 318.66 on 1/10/2010 to 324.01 for the week ending 1/17/2010. The major winners were TINY (+11.14%) and NGPC (+7.17%) and the major losers were MVC (-3.64%) and KFN (-2.9%).

Some notable news items:
ARCC - Increases capital committed to its SSLP fund http://finance.yahoo.com/news/GE-Capital-and-Ares-Capital-bw-1554288246.html?x=0&.v=1
GAIN / GLAD - Elected Jack Reilly elected to Board and selects David Watson as CFO http://www.streetinsider.com/Analyst+Comments/Gladstone+Capital+Corporation+Elects+Jack+Reilly+to+its+Board+of+Directors/6211001.html
http://www.cnbc.com/id/41044729
TINY - Coverage initiated by Research 2.0 http://seekingalpha.com/article/245846-harris-harris-grows-big-on-small-technologies
TTO - Wants to deregister as a BDC and own Real Assets (not just investment securities) http://finance.yahoo.com/news/Tortoise-Capital-Resources-bw-161869629.html?x=0&.v=1

TPG Special Situations group intends to register as a BDC
http://www.reuters.com/article/idUSN1420292320110114?feedType=RSS&feedName=privateEquity&rpc=43