Chemist29

How to Invest in Private Equity Through Public Markets

AINV and ARCC are best of breed for sure, as evidence by being able to raise funds near NAV, however ACAS and ALD are in much worse straights (still in technical default). Whether or not they survive is speculation, although might be speculative plays.

Why This Rally Is Unsustainable

awww shorty got burned...

Deep Value in American Capital Strategies

With regards to MLPTourguide, on the latest CC one of the analysts asked about buying back to debt, and the answer was a "we have no comment on that" which to me seems like a wink and a nod, so hopefully they are doing just that, buying the debt back and booking the profit. They haven't distributed the considerable NOI gains from q4 and q1 either, they have good cash flow. Also, the 2% non performing loans is 2% at fair value, its more like 15% at face original value. Anyways, if they can start writing up the portfolio maybe by q4 or so and reinstate dividends this stock will pop, but for the next couple months I believe it will be trading at options value (~5$/share) for now.