Business development companies may not get as much attention as big name stocks, but they have are an important way for investors to gain exposure to middle-market companies. While technically an investment in the finance sector, BDCs are best evaluated by looking at what sectors they are invested in and what types of debt they own. They also stand to gain a lot from rising interest rates, and could see regulations loosened in the next year. Market environment for BDCs has improved “We believe the market environment for BDCs has improved over the past few years, given stabilizing credit quality,…