Main Street Capital Corporation has announced a follow-on investment to further its financial operations. The investment is part of a directive to base decisions solely on prudent financial practices and to provide the public with quality services. As a result, investors of all sizes will benefit from the increased transparency and oversight that Main Street Capital Corporation is providing.
The follow-on investment will be used for a variety of purposes, including the development of a financial restructuring practice, special situations, and private credit and private equity investment. Additionally, the investment will be used to provide investment advisory services to Embark by ETF Model Solutions, a leading provider of digital advisor solutions.
Main Street Capital Corporation's board of directors has approved the follow-on investment, and the company is now working with Bridge investment Group Holdings Inc. to implement the new financial initiatives. Bridge investment Group Holdings Inc. is a leader in the financial restructuring, private credit, and private equity markets, and the company is confident that the follow-on investment will allow Main Street Capital Corporation to continue to provide quality services to its investors.