PFX

PhenixFIN Corporation operates as a publicly traded business development company (BDC) that provides debt and equity capital to private middle-market companies across the United States. Headquartered in New York City, the company primarily focuses on directly originated investments in leveraged buyouts, acquisitions, recapitalizations, growth financings, and other strategic transactions. PhenixFIN typically targets companies with annual revenues between $25 million and $500 million, with investments ranging from $5 million to $50 million per transaction. The company structures its investments as senior secured loans, unitranche debt, mezzanine debt, and equity co-investments, generating income through interest payments, dividends, and capital appreciation. PhenixFIN emphasizes partnerships with private equity sponsors and management teams, maintaining a diversified portfolio across various industries including business services, healthcare, manufacturing, and technology. As an externally managed BDC, PhenixFIN is managed by PhenixFIN Management LLC. The company maintains its investment focus on companies demonstrating stable cash flows, established market positions, and experienced management teams. PhenixFIN is regulated as a registered investment company under the Investment Company Act of 1940 and has elected to be treated as a business development company, which provides certain tax advantages while requiring the distribution of substantially all taxable income to shareholders as dividends.