KCAP Profile
KCAP
Financial, Inc. is a publicly-traded investment firm that specializes
in debt and equity securities of lower middle-market companies in the
United States. The company is headquartered in New York City and was
founded in 2006.
KCAP Financial provides a variety of financing
solutions to companies, including senior secured loans, mezzanine
debt, and equity investments. The firm targets businesses in
industries such as healthcare, industrials, and technology. It also
invests in collateralized loan obligations and other structured credit
products.
The company is externally managed by Kohlberg Capital
Advisors, L.L.C. (Kohlberg), which is a subsidiary of Kohlberg &
Company, L.L.C. KCAP Financial is a registered investment company that
is regulated by the U.S. Securities and Exchange Commission (SEC).
Investors in KCAP Financial can potentially benefit from the
company's focus on the lower middle-market, which offers opportunities
for higher returns on investments but also carries greater risks.
However, the company's financial performance can be impacted by
changes in interest rates, credit market conditions, and overall
economic trends.
KCAP Financial is traded on the NASDAQ stock
exchange under the ticker symbol KCAP. As of March 11, 2023, the stock
has a market capitalization of approximately $1
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