Fifth Street Finance Corp. (NASDAQ:FSC) is the subject of a 13D filing issued by Rivernorth Capital Management, which updates the latter’s ownership position in the former. The investment firm, which was the largest institutional investor of record in the stock as of December 31, reports owning 12.77 million Fifth Street Finance shares in the filing, an increase of over 4.75 million shares from the end of December. In addition, the filing details a Purchase and Settlement Agreement entered into by the parties on February 18 under which Rivernorth has agreed to purchase over 9.22 million shares. The details of the filing can be found below.
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|RIVERNORTH CAPITAL PARTNERS||12,766,838||4,389,409||12,766,838||4,389,409||4,389,409||2.9%|
|RIVERNORTH INSTITUTIONAL PARTNERS||76,700||4,498,887||76,700||4,498,887||4,498,887||3.0%|
|RIVERNORTH CORE OPPORTUNITY FUND||0||39,700||0||39,700||1,476,042||1%|
|RIVERNORTH DOUBLELINE STRATEGIC INCOME FUND||0||255,804||0||255,804||2,402,500||1.6%|
|RIVERNORTH CAPITAL MANAGEMENT||0||0||12,766,838||8.5%|
|MURRAY R. WISE||116,500||Less than 1%|
|RANDY I. ROCHMAN||255,804||Less than 1%|
|FRED G. STEINGRABER||0||0%|
Page 1 of 20 SEC Filing
(Name, Address and Telephone Number of Person