On October 3, 2013, Kramer Levin will host a seminar entitled "Catch the Trend: Business Development Companies" at the firm's New York offices.

Forbes recently reported that “Business Development Companies substantially outperformed the overall financial sector over the past business cycle.” Not surprisingly, with the equity markets rebounding strongly, new Business Development Companies (BDCs) are being launched. In 2013 alone, six new BDCs have been formed. Overall BDC market capitalization is now approaching $30 billion. BDCs have also captured the attention of the exchange-traded market as BDC-focused ETFs and ETNs (exchange-traded notes) have been launched in recent years. The speakers will discuss:

  • The BDC Advantage for Managers and Investors
  • Structuring the Right Product for Your Business
  • What Are the Key Regulatory and Business Considerations?
  • What Are the Market Opportunities?

The distinguished panel of speakers will include:

  • Russell J. Pinilis, Partner, Kramer Levin
  • George M. Silfen, Partner, Kramer Levin
  • Peter Seidenberg, Chief Financial Officer, MVC Capital
  • Jorge Solares-Parkhurst, Managing Director, JMP Securities