EVANSTON, Ill., Sep 30, 2011 — Fidus Investment Corporation (NASDAQ “FDUS”) appointed Raymond L. Anstiss, Jr. to serve as an independent director, effective September 29, 2011.
Fidus Investment Corporation provides customized mezzanine debt and equity financing solutions to lower middle-market companies, which are generally defined as U.S. based companies having revenues between $10.0 million and $150.0 million. Fidus’s investment objective is to provide attractive risk adjusted returns by generating both current income from our debt investments and capital appreciation from our equity related investments. Fidus seeks to partner with business owners, management teams and financial sponsors by providing customized financing for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
Mr. Anstiss will serve as an independent director until the 2014 annual meeting of stockholders of the company. Mr. Anstiss was also elected to serve as Chairman of the Board’s Audit Committee and serve on the Board’s Nominating and Corporate Governance Committee.
Anstiss & Co. is a Lowell- based public accounting firm serving clients throughout the United States. The firm was founded by Ray Anstiss, Sr. in 1964, and is currently listed as a Top-35 Accounting Firm in Massachusetts by the Boston Business Journal.