Fifth Street Asset Management Inc.
FSAM
Other OTC0.01
USD
+0.00
- -
ISIN
US31679P1093
Return %
Stock
S&P500
1Y
- -
20.66
3Y
- -
70.77
5Y
- -
72.38
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Leonard Mark Tannenbaum
- Full Time Employees
- 50
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 777 West Putnam Avenue Greenwich CT United States of America
- IPO Date
- Oct 30, 2014
- Website
- fifthstreetfinance.com
- Similar Companies
- Business
- Fifth Street Asset Management Inc. (FSAM) is a credit-focused alternative asset manager that provides customized financing solutions to small and mid-sized businesses with revenues generally between $25 million and $500 million, primarily in connection with private equity sponsor investments. The company offers credit solutions across the capital structure, including one-stop financing; unitranche debt; senior secured debt; mezzanine debt; equity co-investments; and venture debt financing, delivered through its investment funds comprising publicly traded business development companies Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), as well as private investment vehicles and collateralized loan obligations. It conducts operations via subsidiaries Fifth Street Management LLC, Fifth Street CLO Management LLC, and FSCO GP LLC, targeting U.S. middle-market companies with a national origination strategy supported by offices in Greenwich, Silicon Valley, Dallas, and Chicago. Founded in 1998 by Leonard M. Tannenbaum and headquartered in Greenwich, Connecticut, the firm managed over $6 billion in assets under management as of its peak operations, generating stable fee revenues from permanent capital vehicles with diversified portfolios across industries. In October 2017, Oaktree Capital Management assumed management of its two publicly traded business development companies, renaming them Oaktree Specialty Lending Corp. and Oaktree Strategic Income Corp., marking a major strategic shift that ended Fifth Street's direct fund management role. Earlier that year, in July 2017, the company sold its Fifth Street CLO Management LLC subsidiary to NewStar Financial for approximately $16 million net of assumed debt to reduce its credit facility and support corporate purposes. These transactions followed FSAM's 2014 initial public offering on NASDAQ, after which the firm focused on disciplined credit investing but faced share dilution challenges in 2014; the stock now trades over-the-counter as an inactive instrument.
Fifth Street Asset Management (OTCMKTS:FSAM) Stock Price Passes Above 50 Day Moving Average – What’s Next?
Fifth Street Asset Management (OTCMKTS:FSAM) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened
Fifth Street Asset Management Inc. Announces A Final Liquidating Distribution of $0.014665