Oxford Square Capital Corp. is a business development company that operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm that invests in both public and private companies.
The firm invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock, and syndicated bank loans. It primarily focuses on debt and/or equity securities of technology-related companies that operate in various sectors, including computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems.
Oxford Square Capital Corp. concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm typically invests between $5 million and $30 million per transaction and seeks to exit its investments within 7 years.
Additionally, it serves as the investment adviser to TICC. Oxford Square Capital Corp., formerly known as TICC Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.