WELCOME TO PORTMAN RIDGE
Portman Ridge Finance Corporation (“Portman Ridge”) is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). In addition, for tax purposes we have elected to be treated as a regulated investment company, or RIC, under the Internal Revenue Code of 1986, as amended (the “Code”). Our common stock is quoted on The Nasdaq Global Select Market under the symbol “PTMN.”
Sierra Crest Investment Management LLC serves as our investment adviser, and is an affiliate of BC Partners Advisors L.P., a leading global alternative investment manager.
BC Partners is a leading buyout firm with a 30- year history investing across Europe and North America which had assets under management of over $24 billion (as of December 31, 2018). BC Partners operates a private equity investment platform (“BCP PE”) and a credit investment platform (“BCP Credit”) as fully integrated businesses, thus allowing BCP Credit to leverage a team of approximately 60 investment professionals across its private equity platform including an eight-member operations team. The BCP Credit Investment Team (the “Investment Team”) is led by Ted Goldthorpe who sits on both the BCP Credit and BCP PE investment committees.
Our Investment Strategy:
Portman Ridge invests in performing, well- established middle market businesses that operate across a wide range of industries. It employs fundamental credit analysis, targeting investments in businesses with relatively low levels of cyclicality and operating risk.