SuRo Capital Q1 2020 Earnings Report
Key Takeaways
Sutter Rock Capital Corp. announced financial results for the quarter ended March 31, 2020, with net assets totaling approximately $172.5 million, or $10.22 per share. The company held positions in 22 portfolio companies with an aggregate fair value of approximately $159.9 million. During the quarter, Sutter Rock repurchased 689,928 shares under the Share Repurchase Program for an aggregate purchase price of $3.7 million.
Net assets totaled approximately $172.5 million, or $10.22 per share at March 31, 2020.
Sutter Rock held positions in 22 portfolio companies with an aggregate fair value of approximately $159.9 million.
The company's top five portfolio company investments accounted for approximately 69% of the total portfolio at fair value.
During the quarter ended March 31, 2020, Sutter Rock exited its position in Parchment, Inc.