Once high-flying BDC manager Fifth Street gets SEC slap


Fifth Street Management, Leonard Tannenbaum, Oaktree Capital, SEC, law, securities, private equity, business development company
Photo of Leonard Tannenbaum sourced from Fifth Street's website
It’s perhaps anti-climactic, but the SEC just settled with Fifth Street Management, a once high-flying BDC manager whose fortunes collapsed on some bad investments. But the SEC is alleging more than just bad bets. The agency said Dec. 3 that ...

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