Great Elm Capital Corp. (NASDAQ: GECC, “GECC”) is an externally managed, specialty finance company focused on investing in the debt instruments of middle market companies. GECC has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended.
GECM’s investment team has deployed more than $17 billion into more than 550 issuers across 20+ jurisdictions over the team’s 14 year history under MAST Capital Management, LLC. Now led by Peter A. Reed, GECC’s Chief Executive Officer, GECM’s investment team has more than 100 years of aggregate experience financing and investing in leveraged middle market companies.
GECC’s investment objective is to generate both current income and capital appreciation, while seeking to protect against risk of permanent capital loss. GECC will invest predominantly in the debt securities of middle market companies, which GECM defines as companies with enterprise values between $100 million and $2 billion.
GECC seeks to generate current income and capital appreciation by investing in middle-market companies that operate in a diverse range of industries. GECC expects to make multi-year investments primarily in senior secured and unsecured debt instruments that it purchases in the secondary market, although GECC may also originate investments directly. GECC seeks to protect against risk of loss by investing in borrowers with tangible and intangible assets, where GECC believes asset values are expected to exceed the market value of the cumulative debt. GECC seeks investments whose total return potential (interest income plus capital appreciation) is appropriately balanced against potential investment risks.
Great Elm Capital Corp.
200 Clarendon Street, 51st Floor
Boston, MA 02116
Tel: +1 617.375.3006
For investor-related or other queries, please contact Meaghan Mahoney and the Investor Relations Team at investorrelations@greatelmcap.com