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Activist investor Stilwell ups stake in Alcentra Capital

An activist investor group that includes Stilwell Value LLC has disclosed that it increased its stake in Alcentra Capital Corp. to 8.5% from 7.2%, representing beneficial ownership of 1,213,712 common shares.

The purpose of acquiring common shares of Alcentra Capital is to work with the company to reduce its share price's discount to net asset value.