WhiteHorse Finance, Inc. is an externally managed, non-diversified, closed-end management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Our stock is publicly traded on the NASDAQ exchange under the ticker symbol "WHF." We have senior notes listed on the NASDAQ exchange under the ticker symbol “WHFBL.”
WhiteHorse Finance's investment objective is to generate attractive risk-adjusted returns for our investors primarily by originating senior secured loans to privately held small-cap companies across a broad range of industries. We believe that market inefficiencies and an imbalance between the supply of, and demand for, capital in the small-cap credit market creates attractive investment opportunities.
Our investment activities are managed by an affiliate of H.I.G. Capital, one of the leading global alternative asset managers focused on the small-cap market. H.I.G. Capital manages $21 billion of capital through a number of leveraged buyout, credit-oriented and growth capital funds focused on the small-cap market.*
In the news release, WhiteHorse Finance, Inc. Announces Quarterly Distribution, issued 17-Mar-2017 by WhiteHorse Finance, Inc. over PR Newswire, we are advised by the company that the record date provided should be March 27, 2017 rather than March 20, 2017 as originally provided. The complete, corrected release follows:
WhiteHorse Finance, Inc. Announces Quarterly Distribution
NEW YORK, March 17, 2017 /PRNewswire/ --WhiteHorse Finance, Inc. (the "Company") (NASDAQ: WHF) today announced t...
NEW YORK, March 17, 2017 /PRNewswire/ --WhiteHorse Finance, Inc. (the "Company") (NASDAQ: WHF) today announced that its board of directors has declared a distribution of $0.355 per share with respect to the quarter ending March 31, 2017. The distribution will be payable on April 3, 2017 to stockholders of record as of March 20, 2017.
Distributions are paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distributions wil...
NEW YORK, March 2, 2017 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (NASDAQ: WHF) today announced its financial results for the quarter and year ended December 31, 2016.
Fourth Quarter 2016 Summary Highlights
New investments of $20.1 million and $63.9 million for the fourth quarter and year, respectively
Net investment income of $6.6 million, or $0.358 per share, for the fourth quarter
Annual net investment income of $27.0 million, or $1.48 per s...