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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