NEW YORK, Oct. 30, 2014 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Fifth Street Asset Management Inc. (Nasdaq:FSAM) ("FSAM") commenced on The Nasdaq Stock Market on October 30, 2014.
FSAM is a rapidly growing credit-focused asset manager with more than $5.6 billion of assets under management across two publicly-traded business development companies, Fifth Street Finance Corp. (Nasdaq:FSC) and Fifth Street Senior Floating Rate Corp. (Nasdaq:FSFR), as well as multiple private investment vehicles.
"The Fifth Street platform provides flexible financing solutions to small and mid-sized companies across the capital structure and has grown its team to approximately 90 professionals over the last 16 years," said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. "Nasdaq is honored to welcome FSAM to our family of listed companies and we look forward to a successful partnership in the years to come."
By listing with Nasdaq, FSAM joins many of the world's largest and most revolutionary companies. Nasdaq has been the exchange of choice to over 60 percent of financial companies that have listed on the U.S. markets year-to-date in 2014.
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CONTACT: Nasdaq Media Relations Contacts: Will Briganti (646) 441-5012 email@example.com Christine Barna (646) 441-5310 christine.Barna@nasdaq.com Fifth Street Asset Management Inc. Investor Relations Contact: Robyn Friedman (203) 681-3720 firstname.lastname@example.org Fifth Street Asset Management Inc. Media Relations Contact: Nick Rust Prosek Partners (212) 279-3115 ext. 252 email@example.com
Source:The NASDAQ OMX Group, Inc.