Capital Southwest is a publicly–owned business development company with total assets of $496 million as of June 30, 2010. The company is headquartered in Dallas, Texas and currently employs 26 full-time employees. The firm is engaged in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The firm's investment objective includes producing attractive risk-adjusted returns by generating current income from the Company's debt investments and realizing capital appreciation from its equity and equity-related investments. The firm invests primarily in debt securities, including senior debt and second lien, and also invests in preferred stock and common stock alongside its debt investments or through warrants. The firm's subsidiary, Capital Southwest Management Corporation (CSMC), generally incurred all normal operating and administrative expenses, including, but not limited to, salaries and related benefits, rent, equipment and other administrative costs required for its day-to-day operations.