Stellus Capital Investment Corporation SCM

Company Overview

Stellus Capital Investment Corporation (NYSE: SCM) is a publicly traded business development company (BDC) focused on providing financing solutions to middle-market companies in the United States. The company primarily originates and invests in private U.S. middle-market businesses through senior secured loans, unitranche facilities, second-lien debt, mezzanine debt, and, to a lesser extent, equity co-investments. SCM operates within the specialty finance and asset management sectors and is regulated under the Investment Company Act of 1940 as a BDC.

The company’s primary revenue drivers are interest income from debt investments, fee income associated with loan originations and amendments, and returns from equity-related investments. SCM generally targets companies backed by private equity sponsors across industries such as healthcare, business services, industrials, software, consumer products, and telecommunications. Stellus Capital Investment Corporation was formed in 2012 and is externally managed by Stellus Capital Management, LLC, an investment adviser founded by professionals with prior experience at D. E. Shaw and the former direct lending platform of the private equity firm HBK Capital Management. Its positioning centers on sponsor-backed middle-market lending, disciplined credit underwriting, and diversified portfolio construction.