Private company

Brightwood Capital Corp I

Brightwood Capital Corp I is an American company based in New York.1

Last updated Oct 20, 2026.

Overview

  • HeadquartersNew York, New York1
  • Incorporated inMD2
  • Business address810 Seventh Avenue, 26Th Floor, New York, Ny 100192
  • Filer category, Emerging growth company2

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The Company was formed on November 15, 2021, as a Maryland corporation. We are a business development company. Our primary focus is investing in growing small and medium-sized businesses that we believe can repay their loans and provide an attractive stream of income to investors in the process. We make loans to middle market private companies underserved by traditional capital sources. Our strategy focuses on opportunities within business services, franchising, healthcare, technology and telecommunications, and transportation and logistics. Rather than solely through the mainstream broker/dealer channel, we directly originate opportunities through the Investment Adviser’s proprietary investment platform.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income456$33.8M in 2025+1384% since 2022
0$20.0M$40.0M$60.0M2022: $2.3M$2.3M20222023: $28.9M$28.9M2023+1169%2024: $49.9M$49.9M2024+72%2025: $33.8M$33.8M2025−32%
Fiscal year202120222023202420252026
Interest$173.0K4$11.5M5$28.0M5$30.1M5
Net income$2.3M4$28.9M5$49.9M6$33.8M6
Earnings per share$0.184$1.275$1.335$0.845
Earnings per share (diluted)$0.184$1.275$1.335$0.845
Shares (weighted, basic)12.6M shares422.8M shares537.4M shares540.3M shares5
Shares (weighted, diluted)12.6M shares422.8M shares537.4M shares540.3M shares5

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Corporate structure

Brightwood Capital Corp I sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Brightwood Capital Corp I

  • UAW Retiree Medical Benefits Trust Filed SCHEDULE 13D/A on Brightwood Capital Corp I, latest Jan 16, 2026 (10 filings since Sep 28, 2022)
  • Brightwood Capital Corp I New York, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Brightwood Capital Corp I reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$23.1M5 Dec 31, 2025$21.4M5 Dec 31, 2024+7.8%

Properties, in its own words

We maintain our principal executive office at 810 Seventh Avenue, 26th Floor, New York, NY 10019. We do not own any real estate. We believe that our present facilities are adequate to meet our current needs. If new or additional space is required, we believe that adequate facilities are available at competitive prices in the same area.

Item 2 of the 10-K filed Mar 30, 2026.3

Leadership

Who has led Brightwood Capital Corp I, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Sengal Selassie2022–2024

Chair

  1. Sengal Selassie2022–2024

Chief financial officer

  1. Russell Zomback2022
2025
Board members and other officers (6)

Timeline

  1. Aug 31, 20268-K Other events17
  2. Jun 2, 20268-K Other events18
  3. May 11, 20268-K Shareholder vote19
  4. Dec 29, 20258-K Other events20
  5. Dec 23, 20258-K Entered a material agreement; New debt or obligation21
  6. Dec 15, 20258-K Entered a material agreement; New debt or obligation22
  7. Nov 19, 20258-K Other events23
  8. May 28, 20258-K Other events24
  9. May 14, 20258-K Shareholder vote25
  10. Apr 3, 20258-K Entered a material agreement; New debt or obligation26
  11. Mar 14, 20258-K Entered a material agreement; New debt or obligation27
  12. Jan 24, 20258-K Executive or director change28
  13. Aug 2, 2022New chief executive Sengal Selassie becomes CEO9

Filings

91 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 30 major events, 21 insider forms, 10 large holders, 14 other. The latest 20:

  1. Aug 31, 20268-K EDGAR
  2. Aug 14, 202640-17G EDGAR
  3. Aug 11, 202610-Q EDGAR
  4. Jun 2, 20268-K EDGAR
  5. May 12, 202610-Q EDGAR
  6. May 11, 20268-K EDGAR
  7. Apr 9, 2026DEF 14A EDGAR
  8. Mar 30, 202610-K EDGAR
  9. Jan 16, 2026SCHEDULE 13D/A EDGAR
  10. Dec 29, 20258-K EDGAR
  11. Dec 23, 20258-K EDGAR
  12. Dec 15, 20258-K EDGAR
  13. Nov 19, 20258-K EDGAR
  14. Nov 7, 202510-Q EDGAR
  15. Oct 24, 2025CORRESP EDGAR
  16. Aug 8, 202510-Q EDGAR
  17. Aug 8, 202540-17G EDGAR
  18. Jun 16, 2025SCHEDULE 13D/A EDGAR
  19. May 28, 20258-K EDGAR
  20. May 14, 20258-K EDGAR

The 91 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 12 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 2, 2024UAW Chrysler Retirees Medical Benefits Plan10% ownerBuy4,761,905$10.50$50.0MForm 4
Jan 2, 2024Selassie SengalChairman of the Board and CEOBuy47,619$10.50$500.0KForm 4
Nov 7, 2023UAW Chrysler Retirees Medical Benefits Plan10% ownerBuy4,807,692$10.40$50.0MForm 4
Nov 7, 2023Selassie SengalChairman of the Board and CEOBuy48,077$10.40$500.0KForm 4
Sep 26, 2023UAW Ford Retirees Medical Benefits Plan10% ownerBuy4,807,692$10.40$50.0MForm 4
Sep 26, 2023Selassie SengalChairman of the Board and CEOBuy48,077$10.40$500.0KForm 4
Jan 30, 2023Selassie SengalChairman of the Board and CEOBuy50,505$9.90$500.0KForm 4
Jan 30, 2023UAW Ford Retirees Medical Benefits Plan10% ownerBuy5,050,505$9.90$50.0MForm 4
Nov 10, 2022Selassie SengalChairman of the Board and CEOBuy50,000$10.00$500.0KForm 4
Nov 10, 2022UAW Ford Retireees Medical Benefits Plan10% ownerBuy5,000,000$10.00$50.0MForm 4
Sep 30, 2022Selassie SengalChairman of the Board and CEOBuy99,000$10.00$990.0KForm 4
Sep 26, 2022Selassie SengalChairman of the Board and CEOBuy1,000$10,000.00$10.0MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Brightwood Capital Corp I is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBrightwood Capital Corp I1
  • CIK0001895316
  • Employer ID (EIN)88-19772733
  • Filer statusNon-accelerated filer an emerging growth company; not a smaller reporting company; not a shell company3
  • Incorporated inMaryland3
  • Fiscal year endsDecember 311
  • Business address810 Seventh Avenue, 26Th Floor, New York, NY 100191
  • Phone646-957-95251
  • Shares outstanding41,013,061 as of Aug 11, 20266
  • Public float$0 as of Jun 30, 20255
  • AuditorRSM US LLP, New York, New York PCAOB ID 49; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceDec 3, 20211
  • Filings94 in all: 8-K (30), 10-Q (12), 4 (12), 3 (9), SC 13D/A (7), 40-17G (5), 10-K (4), DEF 14A (4)1
    All 16 form types

    10-12G/A (2), 40-APP/A (2), SCHEDULE 13D/A (2), 10-12G (1), 40-APP (1), CORRESP (1), N-54A (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Mar 30, 2026
    Quarterly report (10-Q) Aug 11, 2026
    Proxy statement (DEF 14A) Apr 9, 2026
    Latest 8-K (8-K) Aug 31, 2026

Risk factors and legal proceedings

The risks Brightwood Capital Corp I names in Item 1A of its 10-K filed Mar 30, 2026: 70 risks under these headings, as written.3

  • RISKS RELATING TO OUR BUSINESS AND STRUCTURE
  • Global capital markets could enter a period of severe disruption and instability. These market conditions have historically and could again have a materially adverse effect on debt and equity capital markets in the U.S., which could have, a materially negative impact on our business, financial condition and results of operations.
  • Global economic, political and market conditions may adversely affect our business, results of operations and financial condition, including our revenue growth and profitability.
  • Risks of Conflicts
  • We face various risks related to health epidemics, pandemics and similar outbreaks, which may have material adverse effects on our business.
  • We may suffer credit losses.
  • We do not expect to replicate the historical performance of other entities managed or supported by the Investment Adviser.
  • We may be subject to risks that may arise in connection with the rules under ERISA related to investment by ERISA Plans.
  • There is uncertainty as to the value of our portfolio investments because most of our investments are, and may continue to be, in private companies and recorded at fair value. In addition, the fair values of our investments are determined by our Board in accordance with our valuation policy.
  • Our ability to achieve our investment objective depends on key investment personnel of the Investment Adviser. If the Investment Adviser were to lose any of its key investment personnel, our ability to achieve our investment objective could be significantly harmed.
  • The Investment Adviser has limited experience managing a BDC or a RIC, which could adversely affect our business.
  • We may face risks due to shared employees between our Investment Adviser and its affiliates and other activities of the personnel of our Investment Adviser.
The other 60 risks
  • We operate in a highly competitive market for investment opportunities and may not be able to compete effectively.
  • Our business, results of operations and financial condition depend on our ability to manage future growth effectively.
  • We may borrow money, which could magnify the potential for gain or loss on amounts invested in us and increase the risk of investing in us.
  • If we are unable to comply with the covenants or restrictions in our borrowings, our business could be materially adversely affected.
  • Limitations on transactions involving derivatives and financial commitment transactions.
  • We may need to raise additional capital to grow.
  • A renewed disruption in the capital markets and the credit markets could adversely affect our business.
  • Changes in interest rates may affect our cost of capital and net investment income.
  • RISKS RELATING TO OUR OPERATIONS
  • Because we intend to distribute substantially all of our income to our stockholders to maintain our status as a RIC, we will continue to need additional capital to finance our growth. If additional funds are unavailable or not available on favorable terms, our ability to grow may be impaired.
  • Our ability to enter into transactions with our affiliates is restricted.
  • The Investment Adviser has significant potential conflicts of interest with us and, consequently, your interests as stockholders which could adversely impact our investment returns.
  • The Investment Committee, the Investment Adviser or its affiliates may, from time to time, possess material non-public information, limiting our investment discretion.
  • Conflicts of interest may exist related to other arrangements with the Investment Adviser or its affiliates.
  • The Investment Adviser’s liability is limited under the Investment Advisory Agreement, and we have agreed to indemnify the Investment Adviser against certain liabilities, which may lead the Investment Adviser to act in a riskier manner than it would when acting for its own account.
  • The Investment Adviser can resign upon 60 days’ notice, and a suitable replacement may not be found within that time, resulting in disruptions in our operations that could adversely affect our business, results of operations and financial condition.
  • The Administrator can resign upon 60 days’ notice from its role as Administrator under the Administration Agreement, and a suitable replacement may not be found, resulting in disruptions that could adversely affect our business, results of operations and financial condition.
  • If we fail to maintain our status as a BDC, our business and operating flexibility could be significantly reduced.
  • If we do not invest a sufficient portion of our assets in qualifying assets, we could be precluded from investing in certain assets or could be required to dispose of certain assets, which could have a material adverse effect on our business, financial condition and results of operations.
  • Our ability to invest in public companies may be limited in certain circumstances.
  • We may be more susceptible than a diversified fund to being adversely affected by any single corporate, economic, political, or regulatory occurrence.
  • Regulations governing the operations of BDCs may affect our ability to raise additional equity capital as well as our ability to issue senior securities or borrow for investment purposes, any or all of which could have a negative effect on our investment objectives and strategies.
  • Our business model in the future may depend to an extent upon our referral relationships with private equity sponsors and intermediaries, and the inability of the investment professionals of the Investment Adviser to maintain or develop these relationships, or the failure of these relationships to generate investment opportunities, could adversely affect our business strategy.
  • We may experience fluctuations in our annual and quarterly results due to the nature of our business.
  • Our Board may change our investment objective, operating policies and strategies without prior notice or stockholder approval, the effects of which may be adverse to your interests as stockholders.
  • We will be subject to corporate-level U.S. federal income tax on all of our income if we are unable to maintain tax treatment as a RIC under Subchapter M of the Code, which would have a material adverse effect on our financial performance.
  • We may not be able to pay you distributions on our common stock, our distributions to you may not grow over time and a portion of our distributions to you may be a return of capital for U.S. federal income tax purposes.
  • We may have difficulty paying our required distributions if we recognize taxable income before or without receiving cash representing such income.
  • We could be required to restructure or liquidate our investment in a subsidiary if applicable provisions of the Code and the Treasury Regulations do not remain in effect.
  • Changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy.
  • We cannot predict how tax reform legislation will affect us, our investments, or our Stockholders, and any such legislation could adversely affect our business.
  • Our business and operations could be negatively affected if we become subject to any securities litigation or stockholder activism, which could cause us to incur significant expense and hinder execution of investment strategy.
  • The effect of global climate change may impact the operations of our portfolio companies.
  • Our business is highly dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect our ability to pay distributions.
  • Internal and external cyber threats, as well as other disasters, could impair our ability to conduct business effectively.
  • We are subject to risks associated with artificial intelligence.
  • RISKS RELATING TO OUR INVESTMENTS
  • Our investments in portfolio companies may be risky, and we could lose all or part of any of our investments.
  • Our investment strategy, which is focused primarily on privately held companies, presents certain challenges, including the lack of available information about these companies.
  • Our investments are speculative in nature and are subject to additional risk factors such as increased possibility of default, illiquidity of the security, and changes in value based on changes in interest rates.
  • Our portfolio may be concentrated in a limited number of industries, which may subject us to a risk of significant loss if there is a downturn in a particular industry in which a number of our investments are concentrated.
  • Defaults by our portfolio companies may harm our operating results.
  • The lack of liquidity in our investments may adversely affect our business.
  • Price declines and illiquidity in the corporate debt markets may adversely affect the fair value of our portfolio investments, reducing our net asset value through increased net unrealized depreciation.
  • If we are unable to make follow-on investments in our portfolio companies, the value of our investment portfolio could be adversely affected.
  • Our portfolio companies may incur debt that ranks equally with, or senior to, our investments in such companies.
  • The disposition of our investments may result in contingent liabilities.
  • There may be circumstances where our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims.
  • We generally do not control our portfolio companies, which may result in the portfolio company making decisions which could adversely impact the value of our investments in the portfolio company’s securities.
  • Economic recessions, downturns or government spending cuts could impair our portfolio companies and harm our operating results.
  • Inflation may adversely affect the business, results of operations and financial condition of our portfolio companies.
  • Prepayments of our debt investments by our portfolio companies could adversely impact our results of operations and reduce our return on equity.
  • We may not realize gains from our equity investments.
  • We may be subject to additional risks if we invest in foreign securities and/or engage in hedging transactions.
  • We may be subject to risks related to investments in companies in the software industry.
  • RISKS RELATING TO OUR SECURITIES
  • Our charter and our bylaws, as well as certain statutory and regulatory requirements, could deter takeover attempts.
  • You may not receive distributions or our distributions may decline or may not grow over time.
  • To the extent original issue discount instruments, such as zero-coupon bonds and PIK loans, constitute a significant portion of our income, we will be exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash representing such income.
  • Although, we do not intend to do so, if we issue preferred stock, the net asset value and market value of our common stock will likely become more volatile.
  • Although we do not intend to issue any preferred stock, if we issue preferred stock, holders of any preferred stock we might issue would have the right to elect members of our Board and class voting rights on certain matters.
  • Shares will be registered under the 1934 Act and therefore Stockholders may be subject to certain filing requirements.
  • We do not currently intend for our shares to be listed on any national securities exchange.

Legal proceedings

We are not currently subject to any material legal proceedings, nor, to our knowledge, is any material legal proceeding threatened against us. From time to time, we may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of our rights under loans to or other contracts with our portfolio companies. While the outcome of these legal proceedings cannot be predicted with certainty, we do not expect that these proceedings will have a material effect upon our consolidated financial statements.

The opening of Item 3, Legal Proceedings.3

Sources

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    SEC EDGAROther events
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