Kayne Anderson BDC, Inc.

Kayne Anderson BDC, Inc. is an externally managed, closed-end business development company that primarily provides credit financing to middle-market businesses. Its principal investment strategy focuses on originating first lien senior secured loans, unitranche loans, and split-lien debt, while opportunistically deploying capital into second lien loans, subordinated debt, and equity securities. The company primarily targets private middle-market businesses with annual earnings before interest, taxes, depreciation, and amortization ranging from $10 million to $150 million. Most portfolio investments involve companies backed by private equity sponsors across diverse industries, including financial services, food products, household items, containers and packaging, aerospace and defense, commercial services, and information technology.

The company concentrates its lending operations on borrowers based throughout the United States. Its principal executive offices and corporate headquarters are located in Houston, Texas. As an externally managed business development company without direct employees, it executes its strategy through its investment adviser, KA Credit Advisors, LLC, leveraging an affiliated nationwide platform and office footprint.

Summary of the business section of Kayne Anderson BDC's latest annual report, written by StockData.

“Kayne Anderson has over 325 employees located across five offices across the U.S.”