Stellus Capital Management
Middle-market lender with two SBIC-licensed funds.
SBIC & Government-BackedFirmUnited States
Target market
Middle-market companies ($5-50M EBITDA)
Geography
United States
Overview
Stellus Capital Management is a Houston-based credit manager whose listed BDC, Stellus Capital Investment Corp (NYSE: SCM), lends first lien, second lien and unsecured debt with equity co-investments to middle-market companies with roughly $5-50 million of EBITDA. Two wholly owned subsidiaries hold SBIC licenses, providing access to SBA-guaranteed debenture leverage.
Key facts
- BDC listed as SCM on the NYSE
- Holds two SBIC licenses through wholly owned subsidiaries
- Team spun out of the D.E. Shaw group's direct capital unit