Cyrus Capital Amends Investcorp BDC Stake
Ticker: ICMB · Form: SC 13D/A · Filed: Feb 20, 2024 · CIK: 1578348
Sentiment: neutral
Topics: amendment, beneficial-ownership, institutional-investor
TL;DR
**Cyrus Capital just updated their stake in Investcorp BDC, signaling a potential shift in their investment strategy.**
AI Summary
Cyrus Capital Partners, L.P. filed an SC 13D/A Amendment No. 4 on February 20, 2024, regarding its ownership in Investcorp Credit Management BDC, Inc. The filing updates previous disclosures about their holdings of Common Stock, par value $0.001 per share, of the issuer. Jennifer M. Pulick, General Counsel for Cyrus Capital Partners, L.P., is listed as the contact person for inquiries.
Why It Matters
This amendment indicates a change in beneficial ownership or intent by a significant institutional investor, which can influence market perception and the stock's trading activity.
Risk Assessment
Risk Level: low — This is an amendment to a previous filing, indicating an update rather than a new, potentially disruptive event.
Key Players & Entities
- Cyrus Capital Partners, L.P. (company) — Filing party
- Investcorp Credit Management BDC, Inc. (company) — Subject company
- Jennifer M. Pulick (person) — General Counsel for Cyrus Capital Partners, L.P.
- $0.001 (dollar_amount) — Par value per share of Common Stock
FAQ
What is the purpose of this SC 13D/A filing?
This SC 13D/A is an Amendment No. 4 to a previous Schedule 13D filing, indicating an update to the information regarding beneficial ownership of Investcorp Credit Management BDC, Inc. by Cyrus Capital Partners, L.P.
Who filed this SC 13D/A?
Cyrus Capital Partners, L.P. filed this SC 13D/A.
What is the subject company of this filing?
The subject company is Investcorp Credit Management BDC, Inc.
What is the CUSIP number for the securities involved?
The CUSIP number for the Common Stock of Investcorp Credit Management BDC, Inc. is 46090R104.
Who is the contact person for Cyrus Capital Partners, L.P. regarding this filing?
Jennifer M. Pulick, General Counsel for Cyrus Capital Partners, L.P., is the contact person.
Filing Stats: 1,434 words · 6 min read · ~5 pages · Grade level 6.6 · Accepted 2024-02-20 17:26:37
Key Financial Figures
- $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securitie
Filing Documents
- p24-0917sc13da.htm (SC 13D/A) — 61KB
- 0000902664-24-001867.txt ( ) — 63KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 20, 2024 CYRUS CAPITAL PARTNERS, L.P. By: /s/ Stephen C. Freidheim Name: Stephen C. Freidheim Title: Authorized Signatory CYRUS CAPITAL PARTNERS GP, L.L.C. By: /s/ Stephen C. Freidheim Name: Stephen C. Freidheim Title: Manager /s/ Stephen C. Freidheim STEPHEN C. FREIDHEIM