Founded on March 21, 2007, Saratoga Investment Corp. is a specialized financial company that invests in leveraged loans and subordinated debt issued by private mid-sized companies in the United States. It is defined as a company that has annual EBITDA (before interest, tax, Depreciation And Amortization) of US $5 million and US $50 million through participation in direct lending and lending groups. The company's investment objective is to generate income and, to a lesser extent, capital appreciation from its investments. The company is externally managed by Saratoga Investment Advisors Ltd. (a New York investment firm that is part of Saratoga Partners, a middle-market private equity investment firm.) As its advisor.
