Apollo, Blackstone, KKR Blaze New Path To Retail Market

Posted on: June 13, 2012 by dtollNo Comments »

So-called nontraded business development companies (BDCs) can raise money from retail investors without giving up many of the advantages and trappings of private limited partnerships. Continuous fundraising? Check. Lengthy lock-ups of capital? Check. Two-and-twenty fee structure? Check.