Mcg Capital Corporation
  • Address
    1001 19th St N Fl 10
MCG Capital puts its money on the little guy. The closed-end investment firm lends money to and invests in lower middle-market US firms with annual sales of less than $50 million. As a business development company (BDC), MCG is required to invest at least 70% of its assets in private or thinly traded US public companies. It is an active investor, working with companies' management teams to set and execute strategy.  MCG is buying back its shares and may liquidate. PennantPark Floating Rate Capital Corp acquired MCG in 2015.
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