Nontraded BDCs are on track to double sales

12/5/2012 | InvestmentNews (free registration)

Nontraded business-development companies appear set to reach sales this year roughly double last year's $1.2 billion total, even though the first such fund closed to investors in May. One question hanging over the market is whether nontraded real estate investment trust sponsors with BDC offerings have the background to invest well in the sector.

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