The Gladstone Companies on Monday filed its initial public offering to trade on the Nasdaq under the symbol GC, with underwriter EF Hutton, a division of Benchmark Investments LLC. The McLean, Va.-based company, headed by CEO David Gladstone, manages four publicly traded funds including two investment trusts, Gladstone Commercial Corp. GOOD, and Gladstone Land Corp. LAND, as well as specialty finance company Gladstone Capital Corp. GLAD, and Gladstone Investment Corp, a business development company. Gladstone Securities LLC is an affiliated broker-dealer of The Gladstone Companies. The Gladstone Companies reported total assets under management of $4 billion as of Dec. 31. Its compound annual growth rate for its AUM is 18% over the past 20 years.
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