Financial Services >> Analyst Interviews >> May 30, 2013
BDCs Slow Down but Continue Growing Steadily
Vernon C. Plack, CFA, is the Director of Research at BB&T Capital Markets, and he heads the Capital Markets Equity Research team. He is a member of the BB&T Capital Markets management group and also serves as Senior Analyst in the specialty finance sector. In its 2010 “Blue Chip Analyst” awards, Forbes.com ranked him number one in the investment trusts industry; performance is based on three years of both earnings estimates and recommendations. In 2007, Mr. Plack was named number-one earnings estimator in his industry and number three overall by Financial Times/StarMine in its Analyst Awards survey. Prior to joining the firm in 1994, he was the Bank and Thrift Analyst for Johnston, Lemon and Co., in Washington, D.C., and an Investment Representative for Alex. Brown in Baltimore, Maryland. Mr. Plack graduated from the United States Military Academy with a Bachelor of Science in mechanical engineering and management. He received his MBA from Campbell University. A former President of the Richmond Society of Financial Analysts, Mr. Plack is also a member of the CFA Institute. Profile
TWST: Last time we spoke, you described the macroeconomic standpoint from BDCs as slow but stable. Is this still the environment the BDCs are operating in?