Atlanta, GA (PressExposure) August 20, 2013 -- Blue Vault Partners is pleased to announce the formation of a strategic alliance with Blue Springs Capital to launch a new report that will analyze and monitor the performance of nontraded Business Development Companies (BDC). The report is designed to educate the industry and evaluate these relatively new investments in a way that is easy to understand.
Founded by Stacy Chitty and Vee Kimbrell in 2009, Blue Vault Partners, LLC was created for the purpose of providing education and enhanced transparency for the nontraded REIT industry. Building on its platform of providing financial intermediaries with standardized, unbiased analysis of key performance metrics in a user friendly format, this new publication will expand upon Blue Vault's research of nontraded investment products.
Led by Jared Schneider, Managing Partner, Blue Springs Capital Partners is a private equity, capital advisory and consulting firm based in Orlando, Florida. Comprised of a team of managers and seasoned executives, the firm focuses on acquiring and advising lower middle market companies of $5 to $50 million in enterprise value. Additionally the company provides research and advisory services on alternative investments and company formation.
"We are elated to be working with a company like Blue Springs Capital to launch this new industry report. Because of Jared's professional background and experience analyzing BDCs and nontraded REITs, we believe this partnership is a natural fit for both of our firms," stated Vee Kimbrell, Managing Partner, Blue Vault Partners.
"Having advised on and facilitated transactions for retiring business owners seeking attractive and flexible exit opportunities," added Stacy Chitty, Managing Partner, Blue Vault Partners, "Schneider will be able to bring an element of real world experience to his analysis that other publications of this type are currently lacking."
Nontraded BDCs are public companies whose shares are issued directly by the company and are not traded on a stock exchange. Similar to nontraded REITs, the attraction to nontraded BDCs is the lack of stock market volatility and in some cases the access to world-renowned investment management with companies like Blackstone, KKR and Apollo.
Compared to traded BDCs that have been around since the late 1990s to early 2000s, nontraded BDCs are relatively new. The first nontraded BDC was created by FS Investment Corporation and became effective in January 2009. To date, the industry consists of over $9.8 billion in total assets and is comprised of eleven companies, ten of which are currently raising capital and one that is closed to new investments.
The BDC Review is published quarterly and available to financial intermediaries on a subscription basis. For more information on obtaining a copy of this report, please visit http://www.BlueVaultPartners.com or call 877-256-2304.