Company research
BC Partners Lending Corp
CIK 1726548Updated Nov 14, 2026
Filing activity
Latest filing
13 filings on record · 10-Q, 8-K, 4, 40-17G, D/A, DEFA14A.
About the company
BCPL, a Maryland corporation, is a non-diversified, closed-end management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940, as amended. BCPL’s investment objective is to make investments that generate current income and, to a lesser extent, capital appreciation, primarily in the form of debt investments, which may include secured debt, unsecured debt, other debt and/or equity in private middle-market companies. BCPL’s investment activities are managed by its investment adviser, BC Partners Advisors L.P. (“BC Partners Advisors”).
Recent filings
10-Q filing
Entry into a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Regulation FD Disclosure
Items 1.01, 2.01, 2.03, 7.01, 9.01
4 filing
Other Events
Items 8.01, 9.01
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 203,560,000Source | 144,508,000Source | 142,587,000Source | 109,473,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 512,000Source | 329,000Source | 1,268,000Source | 570,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 100,274,000Source | 74,571,000Source | 74,440,000Source | 60,701,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 5,000Source | 3,000Source | 3,000Source | 2,000Source |
| Retained Earnings (Accumulated Deficit)USD | -13,976,000Source | -9,477,000Source | -3,820,000Source | -5,710,000Source |
| Stockholders' Equity Attributable to ParentUSD | 103,286,000Source | 69,937,000Source | 68,147,000Source | 48,772,000Source |
| Additional Paid in Capital, Common StockUSD | 117,257,000Source | 79,411,000Source | 71,964,000Source | 54,480,000Source |
| Liabilities and EquityUSD | 203,560,000Source | 144,508,000Source | 142,587,000Source | 109,473,000Source |
| Deferred Income Tax Liabilities, NetUSD | 200,000Source | 200,000Source | — | — |
| Additional Financial Items | ||||
| Dividends PayableUSD | — | — | 1,089,000Source | 0Source |
| Long-term DebtUSD | 100,000,000Source | 73,000,000Source | 71,000,000Source | 58,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 3,737,000Source | 1,764,000Source | 7,104,000Source | -4,144,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 0Source | -284,000Source | 280,000Source | -7,074,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -58,550,000Source | 5,546,000Source | -27,369,000Source | -18,074,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 55,497,000Source | 937,000Source | 26,360,000Source | 10,233,000Source |
| Repayments of Long-term DebtUSD | 86,000,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -3,053,000Source | 6,483,000Source | -1,009,000Source | -7,841,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 10,370,000Source | 13,423,000Source | 6,940,000Source | 7,949,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 5,355,000Source | 5,922,000Source | 5,634,000Source | 2,912,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 307,000Source | 110,000Source | 109,000Source | 110,000Source |
| Dividends PayableUSD | — | — | 1,089,000Source | 0Source |
| Gain (Loss) on InvestmentsUSD | -4,315,000Source | -5,183,000Source | 1,933,000Source | -6,687,000Source |
| InterestIncomeOperatingPaidInKindUSD | 1,515,000Source | 1,441,000Source | 599,000Source | 204,000Source |
| InvestmentCompanyDistributionOrdinaryIncomeUSD | 8,280,000Source | 7,539,000Source | 5,214,000Source | 2,317,000Source |
| Investment Income, InterestUSD | 19,430,000Source | 17,433,000Source | 15,807,000Source | 9,081,000Source |
| Net Income (Loss) Attributable to ParentUSD | 3,737,000Source | 1,764,000Source | 7,104,000Source | -4,144,000Source |
| Operating Costs and ExpensesUSD | 11,829,000Source | 10,790,000Source | 9,733,000Source | 5,903,000Source |
| Operating ExpensesUSD | — | 0Source | 1,400,000Source | 1,500,000Source |
| Payments of Financing CostsUSD | 1,115,000Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | 36,265,000Source | 5,450,000Source | 16,500,000Source | 10,231,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 113,000,000Source | 2,000,000Source | — | — |
| Realized Investment Gains (Losses)USD | -1,172,000Source | -1,837,000Source | -2,094,000Source | -216,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | 0Source | — | -55,000Source | 2,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | 4,027,000Source | -6,471,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Net Income (Loss) Attributable to ParentUSD | 3,737,000Source | 1,764,000Source | 7,104,000Source | -4,144,000Source |
| Earnings Per Share, BasicUSD per share | 0.83Source | 0.56Source | 2.52Source | -2.15Source |
| Earnings Per Share, DilutedUSD per share | 0.83Source | 0.56Source | 2.52Source | -2.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 4,521,990Source | 3,158,280Source | 2,821,046Source | 1,926,620Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 4,521,990Source | 3,158,280Source | 2,821,046Source | 1,926,620Source |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 11,829,000Source | 10,790,000Source | 11,116,000Source | 6,730,000Source |
| Gain (Loss) on InvestmentsUSD | -4,315,000Source | -5,183,000Source | 1,933,000Source | -6,687,000Source |
| Interest ExpenseUSD | 6,054,000Source | 5,967,000Source | 5,170,000Source | 2,503,000Source |
| Interest Expense, DebtUSD | 6,361,000Source | 6,077,000Source | 5,279,000Source | 2,613,000Source |
| InterestIncomeOperatingPaidInKindUSD | 1,515,000Source | 1,441,000Source | 599,000Source | 204,000Source |
| Investment Income, InterestUSD | 19,430,000Source | 17,433,000Source | 15,807,000Source | 9,081,000Source |
| Investment Income, NetUSD | — | 6,947,000Source | 5,171,000Source | 2,543,000Source |
| InvestmentIncomeOperatingAfterExpenseAndTaxUSD | 8,052,000Source | — | — | — |
| Management Fee ExpenseUSD | 1,720,000Source | 1,357,000Source | 1,237,000Source | 982,000Source |
| Net Investment IncomeUSD | 19,881,000Source | 17,737,000Source | 16,287,000Source | 9,273,000Source |
| Operating Costs and ExpensesUSD | 11,829,000Source | 10,790,000Source | 9,733,000Source | 5,903,000Source |
| Operating ExpensesUSD | — | 0Source | 1,400,000Source | 1,500,000Source |
| Other General and Administrative ExpenseUSD | 380,000Source | 359,000Source | 312,000Source | 372,000Source |
| Realized Investment Gains (Losses)USD | -1,172,000Source | -1,837,000Source | -2,094,000Source | -216,000Source |
| Selling ExpenseUSD | 1,404,000Source | 1,209,000Source | 1,142,000Source | 146,000Source |
Filing attachments
d54925dex991.htm · 8-K · 2026-10-02
Exhibit 99.1 FOR IMMEDIATE RELEASE BC Partners Lending Corporation Closes Merger with Alternative Credit Income Fund NEW YORK, September 29, 2026 - BC Partners Lending Corporation (“BCPL”) announced today that it has completed its previously announced transactions to close the merger of Alternative Credit Income Fund (“ACIF”) with and into BCPL, with BCPL continuing as the surviving company (the “Merger”). Based on September 26, 2026 financial data, the combined company has a net asset value…
Read attachment ↗d95511dex991.htm · 8-K · 2026-09-11
EX-99.1 2 d95511dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Alternative Credit Income Fund Announces Shareholder Approval of Merger with BC Partners Lending Corporation NEW YORK, September 10, 2026 - Alternative Credit Income Fund (“ACIF”) announced today that it obtained shareholder approval for the merger of BCPL Merger Sub, Inc. (“Merger Sub”), a subsidiary of BC Partners Lending Corporation (“BCPL”), with and into ACIF, with ACIF continuing as the surviving company…
Read attachment ↗