on Gladstone Investment Corporation (NASDAQ:GAIN)
Gladstone Alternative Income Fund Announces Initial Investments
On February 27, 2025, Gladstone Alternative Income Fund revealed its initial portfolio investments made in December 2024. The investments were in Nielsen-Kellerman, Inc. and Ricardo Defense Systems, LLC and Ricardo Defense, Inc. These were joint ventures alongside Gladstone Investment Corporation, a business development company fund.
Nielsen-Kellerman specializes in creating durable, waterproof measurement tools for outdoor and professional uses. Meanwhile, RDI, based in Troy, Michigan, focuses on engineering services for the Department of Defense, aiding in modernizing and maintaining military fleets.
John Sateri, President of Gladstone Alternative, expressed satisfaction with these investments, seeing them as a strategic step towards a diversified portfolio. The Fund aims for long-term growth by leveraging industry expertise and broadening its investment scope.
R. H.
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