Fifth Street Asset Management Company Profile and News

Fifth Street Asset Management is a leading alternative investment manager that focuses on providing financing solutions to small and medium-sized businesses. Fifth Street Asset Management was founded in 2007 by John Schroeder.

The company is headquartered in Greenwich, Connecticut, and has a strong presence in the financial industry. Fifth Street Asset Management has a diverse team of experienced professionals.

Fifth Street Asset Management offers a range of investment products, including private equity, senior loans, and mezzanine debt, to help businesses achieve their growth goals.

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Fifth Street Asset Management has a strong track record of sale and acquisition. They have a network of relationships with leading private equity firms and other strategic partners.

Their sale and acquisition strategy focuses on generating strong returns for investors, often through the sale of their portfolio companies. Fifth Street Asset Management has a team of experienced investment professionals who identify and execute on sale opportunities.

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Their investment portfolio includes a variety of asset classes, including corporate loans, mezzanine debt, and private equity investments. This diverse portfolio allows them to take advantage of different market conditions and generate strong returns.

Fifth Street Asset Management has a history of successful exits, with many of their portfolio companies being sold to strategic acquirers or other private equity firms.

Fifth Street Asset Management is a leading alternative investment manager. Fifth Street Asset Management was founded in 2007 by a team of experienced investors.

The company is headquartered in New York City, with a focus on providing investment solutions to institutional and individual investors. Fifth Street Asset Management has a strong track record of delivering returns to its investors.

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We're a company that's been around for over 10 years, with a strong foundation in technology and innovation. Our team has grown significantly over the years, with a diverse group of experts in various fields.

Our headquarters is located in a major city, with a state-of-the-art facility that showcases our commitment to technology and sustainability. The building is powered by 100% renewable energy.

We have a strong presence in the global market, with operations in multiple countries and a network of partners and suppliers worldwide. Our international team works closely together to bring our products and services to customers around the globe.

Our mission is to provide innovative solutions that make a positive impact on people's lives. We strive to be a leader in our industry, known for our integrity, quality, and customer satisfaction.

Let's take a look at the key people behind Fifth Street Asset Management Inc.

Robyn Friedman is the Investor Relations Contact, a role she's held since February 28, 2014.

She's also a Director/Board Member, a position she's had since the same date.

Here are the key people in the Managers and Directors section:

Fifth Street Asset Management has a complex history of distributions, with various payables throughout the years. The company announced a final liquidating distribution payable on June 30, 2021. It also declared distributions payable on December 29, 2020, and January 30, 2020, with guidance for the first half of 2021.

The company has a history of declaring distributions, with payables on February 19, 2019, and December 26, 2017. Additionally, Fifth Street Asset Management Inc. has declared contingent distributions in the past, with the most recent one payable on December 26, 2017.

Fifth Street Finance, a business development company managed by Fifth Street Asset Management, has a significant liability problem. The company's leverage is too high, with a debt-to-equity ratio of 0.93-to-1, and it has a credit facility with a balance of $402.5 million that matures in August 2018.

Fifth Street Asset Management Inc. has made several notable announcements regarding distributions and dividends. In June 2021, the company announced a final liquidating distribution payable on June 30, 2021. This distribution is a significant event for investors.

The company has a history of declaring distributions, with the most recent one being payable on December 29, 2020. This distribution was accompanied by dividend guidance for the first half of 2021.

Fifth Street Asset Management Inc. has also declared cash distributions in the past, with the most recent one being payable on January 30, 2020. These distributions are a key aspect of the company's investment strategy.

The company has provided dividend guidance for the first half of 2021, indicating a focus on maintaining a consistent dividend payout.

In terms of specific dates, here are some notable events:

These dates highlight the importance of staying informed about Fifth Street Asset Management Inc.'s distribution schedule.

Fifth Street Finance is in a tough spot, with more than 10% of its assets underperforming. It's a problem that's been building for a while.

The fund uses leverage to boost returns, but that's exactly what's causing its debt-to-equity ratio to be too high. Fifth Street Finance was last levered at about 1.1-to-1, which is above the preferred ratio of 0.85-to-1 for BDCs.

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Two big sources of financing - a credit facility with $402.5 million and senior notes of $250 million - will mature in less than two years. That's 61% of its total on-balance-sheet liabilities, and it's a warning sign that BDCs typically try to avoid.

Here's a breakdown of its key liabilities:

Fifth Street Finance lost its investment-grade rating from Fitch in 2015, and S&P followed with a rating cut in March 2017. The downgrades have forced the company to pay higher rates to refinance existing liabilities and to deleverage.

Fifth Street Asset Management has made some significant announcements in the past. They announced a final liquidating distribution of $0.014665 on June 24, 2021.

This is not the first time they've made a distribution. In fact, they announced a distribution of $0.145 per share on December 18, 2020. This distribution was part of a business update.

Fifth Street Asset Management also made a distribution in kind of 0.026239 shares of OCSI on November 12, 2020. This distribution was announced twice, once under the category "GL" and once under "AQ".

You can see a list of their recent announcements below:

Fifth Street Asset Management is a leading alternative asset manager that offers a range of investment products to its clients.

The company's headquarters is located in New York City, and its shares are publicly traded on the NASDAQ stock exchange.

Fifth Street Asset Management has a diverse portfolio of investments, including corporate debt, real estate, and other alternative assets.

Its investment products are designed to provide attractive risk-adjusted returns to its clients, with a focus on generating income and preserving capital.

The company's experienced investment team has a proven track record of success, with many years of experience in the alternative asset management industry.

Fifth Street Asset Management is committed to transparency and disclosure, providing regular updates to its shareholders on its investment performance and strategy.

Its shares are widely held by institutional investors, including pension funds, endowments, and other large investors.