shares of Great Elm Capital Group Inc (GEC) on
Great Elm Capital Group, Inc. is a holding company, which engages in the investment and acquisition of businesses, securities and assets that has significant long-term value creation. The company is headquartered in Waltham, Massachusetts and currently employs 328 full-time employees. The firm makes investments in businesses and assets in various industries. The firm’s investment for long-term value creation is in the asset management business. The firm continues to explore other opportunities in the investment management business, including other business development companies (BDCs) that trade at a discount to their net asset value. The firm intends to build a diversified investment company consisting of three business lines: investment management, financial products and merchant banking. The company is embarking on a program of creating bespoke financial products and creating a pipeline of acquisition opportunities. The firm also seeks to build a business across three verticals: investment management, real estate and operating companies. Through its subsidiary, Great Elm Capital Management, Inc., the Company provides investment advisory and maintenance services.