Profile: Full Circle Capital Corp (FULL.O)
9 Oct 2015
Full Circle Capital Corporation (Full Circle Capital) is a non-diversified closed-end management investment company. Full Circle Capital’s investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company invests primarily in asset-based senior secured loans, mezzanine loans and equity securities issued by smaller and lower middle-market companies that operate in a diverse range of industries, with a focus on the media, communications and business services industries. Its investments would range in size from $3 million to $10 million. It focuses primarily on senior secured loans and stretch senior secured loans. It also invests in mezzanine, subordinated or unsecured loans. The investment adviser of the Company is Full Circle Advisors, LLC and its administrator is Full Circle Service Company.
In the Company’s lending activities, it focuses on portfolio companies with both tangible and intangible assets available as collateral and security against its loan, and cash flow to cover debt service. It seeks to invest in smaller and lower middle-market companies. Prior to August 31, 2010, the Company acquired the Legacy Portfolio from Full Circle Partners, LP and Full Circle Fund Ltd. (the Legacy Funds), which are managed by an affiliate of its investment adviser.
Full Circle Capital Corp
102 Greenwich Ave Ste 2
GREENWICH CT 06830-5547