BCP Investment (BCIC)
Originates middle-market loans and selected equity investments through an externally managed BDC.
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Originates and invests in secured loans, notes, mezzanine debt, and selected equity positions for middle-market companies. The externally managed BDC is advised by Sierra Crest Investment Management, a BC Partners affiliate, and operates within the Investment Company Act framework.
Originates, structures, and invests in debt and selected equity positions for middle-market businesses. The portfolio centers on secured term loans, bonds or notes, and mezzanine debt, while also permitting investments in loans to public companies, high-yield bonds, and distressed debt.
Operates as an externally managed, non-diversified closed-end investment company that has elected business development company status under the Investment Company Act of 1940. Sierra Crest Investment Management, a BC Partners affiliate, serves as investment adviser. Activity is principally focused on privately held middle-market companies, and the portfolio can include selected equity securities. The adviser relationship and BDC regulatory framework shape the operating model.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Mar 9, 2026 | Ladenburg Thalmann | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.5M · Total debt $280.8M · Total assets $469.4M · Shareholders' equity $179.5M
- Revenue
- $4.7M
- Operating income
- −$3.6M
- Net income
- −$9.9M
HistoryDividendAnnual yieldUpcoming
| Insiders | 1.99% | 245.9K shares | |
|---|---|---|---|
| 8 holders · as of Jun 24, 2026 | |||
| Other | 98.01% | 12.14M shares | |
| remainder | |||
12.38M company shares as of Sep 23, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Edward J. GoldthorpeInsiderdirector, officer: President, CEO | 0.81% | 99,878 | filed Jun 24, 2026 |
Dean C. KehlerInsiderdirector | 0.73% | 90,776 | filed May 19, 2026 |
Patrick SchaferInsiderdirector, officer: Chief Investment Officer | 0.22% | 27,265 | filed Mar 23, 2026 |
George GrunebaumInsiderdirector | 0.11% | 14,136 | filed Mar 24, 2026 |
Brandon SatorenInsiderofficer: CFO, Treasurer and Secretary | 0.04% | 5,011 | filed Mar 23, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 22, 2026 | Edward J. Goldthorpe | director, officer: President, CEO | +13,738 | $7.16 |
| May 18, 2026 | Dean C. Kehler | director | −15,000 | $7.64 |
| Mar 23, 2026 | Dean C. Kehler | director | −37,100 | $7.38 |
| Mar 23, 2026 | George Grunebaum | director | +6,800 | $7.54 |
| Mar 23, 2026 | David Held | officer: Chief Compliance Officer | +938 | $7.35 |
- Ares Capital
Large-scale middle-market debt and equity investor
- Blue Owl Capital
Direct lender to U.S. middle-market companies
- Blackstone Secured Lending Fund
Senior secured lender to middle-market businesses
- FS KKR Capital
Middle-market lender across senior secured debt
- Sixth Street Specialty Lending
Direct lender to U.S. middle-market companies
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| BCP Investment | $7.07 | −0.35% | $87.8M | — | 4.9 | 1.4 | +20.1% |
| Ares Capital | $19.21 | −0.80% | $13.90B | 14.3 | 10.0 | 6.0 | +32.6% |
| Blue Owl Capital | $10.97 | −1.57% | $5.53B | 19.9 | 8.5 | 3.9 | −20.8% |
| Blackstone Secured Lending Fund | $24.65 | −0.30% | $5.75B | 19.5 | 9.4 | 5.4 | +25.9% |
| FS KKR Capital | $11.17 | −1.19% | $3.17B | — | 7.1 | 3.3 | +11.5% |
| Sixth Street Specialty Lending | $18.07 | −1.53% | $1.74B | 19.3 | 10.1 | 5.1 | −13.0% |
| Median | 19.4 | 9.4 | 5.1 | +11.5% |