Today, then we were a $200 million something market cap company with one credit line of $50 million. After numerous fund raises, almost all of them were accretive to book value, except for the one that generate our SBA license, which is a huge bearing for us. We’re sitting here today with $800 market cap, approximately $1.2 billion in assets with a right side of the balance sheet where the portfolio is diversified; we will talk about that later.One thing that differentiates us against many of the other BDCs and companies that lend in our market, is we only work with private equity sponsored transactions. So private equity sponsors are clients, our shareholders of course are more important clients. And the private equity sponsors will come to us, and say we want to buy company x for $80 million, will you finance us for $40 million? We put in $30 million, and ask them to put in $10 million. That’s the typical transaction that we do.
Fifth Street Finance's CEO Presents At UBS Global Financial Services Conference (Transcript)
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