Gladstone Investment Corporation is a business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States. The Company operates as an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses, generally in combination with the aforementioned debt securities, that it believe can grow over time to permit them to sell its equity investments for capital gains. Its investment advisor is Gladstone Management Corporation.
Company Information
About this company
Key people
David J. Gladstone
Chairman of the Board, Chief Executive Officer
David A.R. Dullum
President
Taylor Ritchie
Chief Financial Officer, Treasurer
Michael Licalsi
General Counsel, Secretary
Paula Novara
Head - Human Resources, Facilities and Office Management and IT, Director
Michela A. English
Independent Director
Katharine Cornell Gorka
Independent Director
John H. Outland
Independent Director
Anthony W. Parker
Independent Director
Walter Howard Wilkinson
Independent Director
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Key facts
- Shares in issue39.65m
- EPICGAIN
- ISINUS3765461070
- LocationUnited States
- SectorFinancial
- IndustryMisc. Financial Services
- Market cap$556.64m
- Employees74
- ExchangeNASDAQ
- Index
- Website
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