Business
Solar Capital Partners Rebrands to SLR Capital Partners
New Name Effective February 25, 2021 NEW YORK, Feb. 24, 2021 /PRNewswire/ -- Solar Capital Partners, LLC, a leading commercial finance platform with expertise
About this update from Slr Investment Corp.
[{"type":"text","content":"New Name Effective February 25, 2021\n\n\nNEW YORK, Feb. 24, 2021 /PRNewswire/ -- Solar Capital Partners, LLC, a leading commercial finance platform with expertise across cash flow and specialty finance senior secured financing solutions for U.S. middle market companies, today announced that it will change its name to SLR Capital Partners (\"SLR\" or \"the Advisor\"), effective February 25, 2021. The new name, which utilizes a common brand across its affiliates and specialty finance investment teams, defines SLR's transition from its origins as a cash flow lender fifteen years ago to a multi-strategy diversified finance platform. \n\n \n \n \n \n \n \n\n \nSLR Capital Partners offers a suite of commercial finance capabilities and seeks to build complementary lending strategies. The Advisor's platform, consisting of approximately 290 employees across its affiliates, includes a broad range of senior secured financing alternatives and provides customized solutions to meet a borrower's financing requirements. This multi-strategy approach to direct lending has enabled SLR Capital Partners to protect capital, generate steady income and provide attractive total returns for its public shareholders and private investors since its founding in 2006.*\n\"Over our 15-year history, we have expanded our financing alternatives to meet and anticipate the evolving financing requirements of middle market borrowers,\" said Michael Gross, Co-Founder of SLR Capital Partners. \"We will maintain the same disciplined and differentiated approach to direct lending that has produced attractive risk-adjusted returns for our investors*. We look forward to providing the same compelling value proposition now under a common brand.\"\n\"SLR Capital Partners is uniquely positioned to source and underwrite attractive commercial finance investments,\" said Bruce Spohler, Co-Founder of SLR Capital Partners. \"This is an exciting step in our platform's growth, as we formally unify our capabilities for the benefit of borrowers, their intermediaries and our investors.\" \nAs part of the rebranding, the two registered public business development companies managed by SLR Capital Partners will be renamed:\nSLR Investment Corp., formerly Solar Capital Ltd., will continue to trade on the NASDAQ under the symbol SLRC. SLRC invests in first lien senior secured cash flow loans...