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Golub Capital BDC Names New Partner in Senior Loan Fund [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Golub Capital BDC reported that RGA Reinsurance Company ("RGA") has reached an agreement with United Insurance Company of America pursuant to which United Insurance has transferred its interest in Senior Loan Fund ("SLF") to RGA. According to a release from the Company, SLF is a joint venture through which GBDC and its partner co-invest in first lien senior secured loans through an unconsolidated Delaware limited liability company. Reinsurance Group of America, Inc., the parent of RGA, is a global life reinsurer with over $40 billion in assets as of June 30. "We are excited about both our new partnership with RGA and the prospects for SLF going forward," said David Golub, Chief Executive Officer of Golub Capital BDC, Inc. "We want to thank United Insurance for their involvement with SLF and wish them well." Golub Capital BDC invests primarily in senior secured, one stop, second lien and subordinated loans of, and warrants and minority equity securities in, middle-market companies that are, in most cases, sponsored by private equity investors. More information and complete details: www.golubcapital.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |