Sunday, August 29, 2010

Triangle Capital sees income climb

Triangle Capital Corp. generated $4 million in net investment income in the fourth quarter, a 37 percent enlarge from a year ago.

The Raleigh investment organisation benefited from a incomparable investment portfolio. Triangle Capital creates loans to midsize, secretly hold businesses, whilst receiving a minority tenure interest in the portfolio companies.

Triangle Capital done 3 new investments totaling $23 million in the fourth quarter. For the complete year, it done 7 investments totaling $43 million, and one more loans and equity investment in portfolio companies.

Staff bard David Ranii

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