trending Market Intelligence /marketintelligence/en/news-insights/trending/jN60zFQ8_ecH621rCt59Vg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Hancock Park requests withdrawal of registration for BDC regulation

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Hancock Park requests withdrawal of registration for BDC regulation

Hancock Park CorporateIncome Inc. on April 27 requested the withdrawal of a registration it filed Feb. 29 to permitit to file an election to be treated as a business development company.

Hancock Park is in the process of responding to SEC staff commentsmade March 8, and the company undertakes to file a replacement registration statementresponsive to the comments. The company requested the withdrawal of the statementto prevent it from automatically becoming effective 60 days after its filing. Thecompany also said it understands that its withdrawal request is deemed granted asof the date of filing unless the SEC gives notice within 15 days that the requestwill not be granted.

Based in Chicago, Hancock Park is an externally managed investmentcompany. The company's investment objective is to provide shareholders with currentincome and, to a lesser extent, capital appreciation primarily through debt investmentsand equity investments, focusing primarily on U.S. middle-market companies.

OFS Capital ManagementLLC will be the company's adviser. Evolv Capital Advisors LLC intends to register as an investmentadviser and act as subadviser.