Welcome to our dedicated page for Slr Investment news (Ticker: SLRC), a resource for investors and traders seeking the latest updates and insights on Slr Investment stock.
SLRC Investment Corp (NASDAQ: SLRC) specializes in asset-based lending and factoring solutions for U.S. upper middle market companies. This news hub provides investors and financial professionals with timely updates on the company's strategic initiatives, regulatory developments, and market positioning within the specialty finance sector.
Access comprehensive coverage of SLRC's earnings reports, acquisition announcements, and portfolio updates. Our curated collection ensures stakeholders stay informed about key operational milestones including new lending programs, management insights, and regulatory compliance matters.
Key content categories include quarterly financial results, strategic partnership announcements, and analyses of SLRC's niche market expansions. Bookmark this page for direct access to primary source materials and expert-curated updates about the company's asset-backed financing strategies and industry leadership.
SLR Capital Partners has successfully closed $2.2 billion in equity commitments for its Multi-strategy Private Credit offerings during the second half of 2022. Including anticipated leverage, the total investable capital reaches $3.8 billion. This capital influx enhances SLR's capacity to provide tailored financing solutions to U.S. middle market companies amidst market fluctuations. Notably, SLR's previous Multi-strategy Private Credit funds from 2018 and 2019 have recorded no realized losses. The firm emphasizes its strong credit performance and experience in navigating various economic cycles as key strengths to capitalize on upcoming investment opportunities.
SLR Investment Corp. (NASDAQ: SLRC) plans to release its financial results for the fourth quarter and fiscal year ending December 31, 2022, on February 28, 2023, after market close. An earnings conference call will be held on March 1, 2023, at 10:00 a.m. ET. The call will be accessible via phone or through a live webcast on their website. SLR Investment Corp. operates as a closed-end investment company, focusing on leveraged, U.S. middle market companies through various loan instruments.
SLR Investment Corp. (SLRC) reported a net investment income of $20 million ($0.37 per share) for Q3 2022, consistent with the previous quarter. As of September 30, 2022, the net asset value per share was $18.37 with a total investment portfolio of $2.9 billion. The company declared a monthly distribution of $0.136667 per share payable on December 1, 2022. Notably, total originations reached $393.9 million with a net portfolio growth of 9%. Despite a net loss of $6.5 million from investments, the firm remains optimistic about future performance.
SLR Investment Corp. (NASDAQ: SLRC) has announced a joint venture with SunStone Senior Credit L.P. to form SLR Senior Lending Program LLC (SSLP). Each party commits $50 million, totaling $100 million, to primarily invest in senior secured cash flow loans. SSLP is expected to seek additional financing to leverage its investments and begin funding before year-end 2022. Decisions regarding SSLP will require approval from both SLR and the Investor's representatives.
SLR Investment Corp. (NASDAQ: SLRC) announced it will release its financial results for Q3 2022 on November 2, 2022, after market close. An earnings conference call is scheduled for November 3, 2022, at 10:00 a.m. ET, accessible via phone or online. The company specializes in investing in U.S. middle market companies, primarily through senior secured loans and asset-based loans.
SLR Investment Corp. (NASDAQ: SLRC) reported net investment income of $20.3 million or $0.37 per share for Q2 2022, up from $14.8 million in Q1 2022. Following its acquisition of SLR Senior Investment Corp. on April 1, 2022, the company's NAV declined to $18.53 per share due to merger accounting, down from $19.56 in Q1. Monthly distributions were modified, totaling $0.41 per share for the quarter. Investment activity included $274.8 million in originations, with net asset value affected by a $35.9 million net realized and unrealized loss.
