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Saratoga Investment Corp. Message Board

  • beauzeau23 beauzeau23 Feb 16, 2013 1:08 PM Flag

    Saratog Ares connection?

    Looking at some connections here, maybe nothing but just speculating:

    The new Saratoga president Michael J. Grisius was once associated with Unitranche Fund, LLC. The fund was started by the late Allied (ALD) which was acquired by Ares. So there is some overlap of experience here.
    Ares has expressed an interest in acquiring an SBIC license. Saratoga recently got such a license but doesn't have the capital to fully exploit it. Ares has lots of capital.

    Some sort of merger being considered? Might be good for both companies and stockholders as well. I think the insiders could realize a better return in the long term by remaining independent but the long term can be a long time to wait.

    Sentiment: Buy

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