CEO of Fifth Street Finance Corporation Leonard M. Tannenbaum Bought 20,000 Shares
Leonard Tannenbaum is currently the Shairman of the Board of Directors and CEO of Fifthh Street Finance Corp. After founding his first private investment firm in 1998, Mr. Tannenbaum has continued to found more private investment firms, including Fifth Street Finance Corp, and has served as a managing member of each firm.
In February and May, CEO Leonard M. Tannenbaum bought a total of 40,000 shares of FSC stock. President and Secretary Bernard D. Berman, Chief Investment Officer Ivelin M.Dimitrov, Director Richard P. Dutkiewicz, and Director Douglas F. Ray together bought 12,700 shares of FSC stock in March, Mayand June.
GuruFocus Guru David Einhorn, who owns 1,998,692 shares as of March 31, 2013, kept his position in FSC unchanged or slightly adjusted. Whitney Tilson sold out his holdings of FSC in the quarter that ended on March 31, 2013.
Fifth Street Finance Corp. reported their 2013 second fiscal quarter results. The company announced interest income of $37.6 million and net investment income of $54.7 million.