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kcap financial, inc.
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KCAP Financial, Inc. (formerly NASDAQ: KCAP) was a U.S.-based investment company that provided capital to middle-market companies. Its portfolio primarily consisted of senior and subordinated debt, as well as equity investments, across a variety of industries. The company's objective was to generate both current income and capital appreciation from its investments. On April 1, 2019, KCAP Financial, Inc. announced the completion of its merger with and into a subsidiary of Portman Ridge Finance Corporation, effectively ceasing its operations as an independent entity.
United States
Industry
Financial