SuRo Capital Corp. Announces Plan to Transition to Externally Managed Structure & First Quarter 2026 Preliminary Investment Portfolio Update
SuRo Capital Corp. announced its Board approval to transition from an internally managed Business Development Company (BDC) to an externally managed structure, appointing Neostellar Advisors LLC, a joint venture with Magnetar, as the new investment adviser, subject to stockholder approval. The company also provided a preliminary update showing a si…