Michael M. Santiago
Introduction
A simplified definition of a Business Development Company, or BDC, is they are an organization that steps up to lend funds to firms that cannot get funding from a bank. Sometimes an equity position (think Shark tank) is taken as
Alex Pettee is President and Director of Research and ETFs at Hoya Capital. Hoya manages institutional and individual portfolios of publicly traded real estate securities. Alex leads the investing group known as the Hoya Capital Income Builder, which uses the investment knowledge of several Seeking Alpha analysts provide members with insightful articles covering mostly individual stocks or funds. Occasionally an article cover will cover an investing strategy or other topic that investors need to be aware of, such as law changes that might affect their long-term strategy.
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