BCP Investment (BCIC) Q2 FY26 earnings call

BCP Investment Corp. delivered a mixed Q2 FY26, marked by significant balance sheet strengthening and improved credit performance, including a reduction in non-accruals and enhanced leverage metrics. However, net asset value declined primarily due to unrealized mark-to-market adjustments, particularly within software exposures, and lower transaction volumes impacted investment income. The company remains focused on disciplined underwriting and capital management, prioritizing shareholder returns through distributions and opportunistic share repurchases while navigating a selective market envir