Saratoga Investment Corp (SAR) posted upbeat Fiscal Q2 2022 results for the period ended August 31, 2021. The company had a record quarter of repayments as it continued to bring new platforms into the portfolio with investments in four new companies. SAR shares rose 1.73% to close at $29.44 on October 5. Saratoga is a U.S. company specializing in leveraged and management buyouts, acquisitions, and customized financing solutions. Asset under management increased 31.1% year-over-year to $666.1 million as net asset value surged to $324.1 million from $298.2 last year. Additionally, the company delivered a net asset value per share of $28.97, a historic high compared to $28.
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Saratoga Investment (NYSE:SAR)
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