TPC Specialty takes note of Fifth Senior Floating Rate proxy fight

• Engaged in its own battle with TICC Capital (TICC +0.8%), TPG Specialty Lending (TSLX +0.7%) takes note of the proxy fight between Ironsides Partners and Fifth Street Floating Rate (FSFR -0.9%). TSLX welcomes ISS's recommendation in support of Ironsides and for the termination of FSFR's management agreement with Fifth Street Asset Management (OTCPK:FSAM +0.3%).
• TSLX calls ISS's support "another step forward" in the fight against BDCs who consistently fail to deliver shareholder returns.
• ETFs: BDCL, BDCS, BIZD, FGB
• Now read: Which BDCs Will Outperform In 2016? (April 1)