BDC Buzz
Dividend investing, high income, BDCs, portfolio strategy

Keating Capital: The Pre-IPO Investor

I recently had a chance to speak with the CEO of Keating Capital (KIPO) to congratulate them on the recent announcement of another successful exit from a portfolio investment with healthy returns. KIPO is a boutique niche BDC that specializes in pre-IPO portfolio companies seeking capital for the purpose of going public. Personally, I only invest in BDCs with a large predictable income stream from quality debt investments but the distributions are usually taxed at the highest rate compared to BDCs like KIPO. This article discusses a BDC with a very different investment philosophy, how it works and recent validations, as well as the potential returns and associated risks.

(click to enlarge)

KIPO Investment Philosophy

Historically, KIPO has focused its...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details