Investcorp Credit Management BDC (ICMB)
Finances U.S. middle-market borrowers through negotiated private-credit investments.
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Supplies senior secured loans and related equity capital to privately held U.S. middle-market companies, earning mainly contractual interest and fees. The Nasdaq-listed BDC is externally managed by CM Investment Partners, which supplies its underwriting, portfolio management and administration.
Provides negotiated debt and related equity capital to privately held U.S. middle-market companies, emphasizing established borrowers with operating cash flow. Its menu includes first- and second-lien loans, unitranche and mezzanine loans, selectively paired with warrants or other equity positions; borrowers use the financing for acquisitions, growth, expansion, refinancing and recapitalization.
Investment income is chiefly contractual loan interest, with fees, dividends and changes in debt and equity values providing other sources. CM Investment Partners sources, structures and monitors investments while also administering the BDC, leaving the listed company without direct employees. The portfolio is U.S.-based, while BDC asset-coverage requirements, RIC tax rules, adviser personnel, borrowed funding and unquoted investment valuations shape the operating model.
Company facts
Unavailable right now.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $2.7M · Total debt $108.1M · Total assets $164.6M · Shareholders' equity $52.7M
- Revenue
- −$6.1M
- Operating income
- −$8.5M
- Net income
- −$8.6M
HistoryDividendAnnual yield
| Institutions | 8.56% | 1.24M shares | |
|---|---|---|---|
| 20 holders · as of Jun 30, 2026 | |||
| Insiders | 0.05% | 7.0K shares | |
| 1 holder · as of Dec 17, 2024 | |||
| Other | 91.39% | 13.19M shares | |
| remainder | |||
14.43M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Kennedy Capital Management, Inc.Institution | 6.63% | 957,230 | filed Feb 16, 2021 |
Advisors Asset Management, Inc.Institution | 5.67% | 818,484 | filed Feb 13, 2017 |
Bulldog Investors, LLPInstitution | 4.13% | 596,780 | as of Jun 30, 2026 |
Founders Financial Alliance, LLCInstitution | 1.77% | 255,329 | as of Jun 30, 2026 |
Black Maple Capital Management LPInstitution | 1.20% | 172,630 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Ares Capital
Scaled direct lender in senior secured middle-market credit.
- Golub Capital BDC
Sponsor-backed first-lien lender in the core middle market.
- Blue Owl Capital
Scaled direct lender across first-lien, unitranche and second-lien loans.
- FS KKR Capital
Large upper-middle-market lender in senior secured and asset-based credit.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Investcorp Credit Management BDC | $0.8602 | −0.15% | $12.4M | — | 6.1 | 1.0 | −31.1% |
| Ares Capital | $19.37 | −0.36% | $13.96B | 14.4 | 10.1 | 6.0 | +32.6% |
| Golub Capital BDC | $12.56 | +0.08% | $3.27B | 22.8 | 9.8 | 4.6 | −14.2% |
| Blue Owl Capital | $11.18 | −0.09% | $5.55B | 20.0 | 8.7 | 3.9 | −20.8% |
| FS KKR Capital | $11.37 | −0.57% | $3.20B | — | 7.3 | 3.4 | +11.5% |
| Median | 20.0 | 9.2 | 4.3 | −1.3% |






