We provide long-term debt and equity
capital to primarily private, middle market companies
in a variety of industries. This includes providing senior
loans, second lien debt, subordinated debt and unitranche
facilities (generally in a first lien position), as well
as buying substantial equity stakes in middle market companies
(i.e. buyout investing).
We work to achieve current income and capital gains from our investment portfolio by following guidelines that emphasize preservation of capital, appropriate returns relative to risk, current cash flow, and the opportunity for capital gains. The common elements among these investments are that they are generally long-term in nature and generate strong current cash returns. Allied Capital targets companies in less cyclical industries that can produce significant free cash flow and high returns on invested capital.
