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Portman Ridge(PTMN) - 2022 Q4 - Earnings Call Transcript

Similar to our experience with new assets on the balance sheet, incremental investments in our Great Lakes joint venture have come at increasing spreads and widening OID, which should result in higher returns going forward. Our investment securities portfolio at the end of the fourth quarter remained highly diversified with investments spread across 31 different industries and 119 different entities, all while maintaining an average par balance per entity of approximately $3.3 million. Ted Goldthorpe Yes, a ...