Fifth Street Finance Corp. (Ticker: FSCE) was a business development company (BDC) that provided debt and equity financing to small and mid-sized companies in the United States. The company focused on generating income through investments in senior secured loans, subordinated debt, and equity stakes across a range of industries.
In 2017, Oaktree Capital Management acquired Fifth Street Finance Corp., rebranding it as Oaktree Specialty Lending Corporation (Ticker: OCSL). The acquisition aimed to enhance the company’s investment portfolio and improve operational efficiencies under Oaktree’s management.
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Risk Warning: past performance of FSCE does not predict future returns.
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