Main Street Capital Holdings (NYSE:MAIN)

CAPS Rating: 5 out of 5

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Player Avatar MMCapitalMgmt (99.57) Submitted: 8/17/2013 12:38:14 PM : Underperform Start Price: $27.65 MAIN Score: -1.63

Another BDC with poor deal flow and unattractive products

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Member Avatar EnigmaDude (98.06) Submitted: 8/22/2013 12:08:30 PM
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You have pretty much red-thumbed just about every BDC that I know of. Are there any that you think are good investments? What does good deal flow look like? Not doubting you, just curious about your reasoning.

Member Avatar MMCapitalMgmt (99.57) Submitted: 1/21/2014 1:44:14 PM
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Ares is one of the ones I have stayed away from. Good deal flow means they can get in via equity or debt investments at reasonable prices for the same level of quality in a company as other private private equity investors. These groups take more risk for the same level of reward IMO as your standard mezz/sub/unitranche shop.

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