{
  "docId": "019de075-b5da-7428-a2c8-7d56a0dc175b",
  "docSlug": "5cd999761cbfce222b095be1b4a60428",
  "documentTitle": "Main Street Capital | Investor Presentation Deck | 49 slides",
  "authorId": "main-street-capital",
  "authorName": "Main Street Capital Corporation",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 4,
  "pageCount": 49,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "context",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 6,
  "notes": "The slide outlines the firm's BDC structure, target market segments (LMM vs Middle Market), and key investment strategies.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de075-b5da-7428-a2c8-7d56a0dc175b/4",
  "deckHref": "/decks/019de075-b5da-7428-a2c8-7d56a0dc175b",
  "deckJsonHref": "/decks/019de075-b5da-7428-a2c8-7d56a0dc175b.json",
  "deckAnchorHref": "/decks/019de075-b5da-7428-a2c8-7d56a0dc175b#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.25,
        "w": 0.28,
        "x": 0.05,
        "y": 0.18
      },
      "kind": "callout",
      "text": "Focus on unique Lower Middle Market debt and equity investment strategy, Asset Management Business and internally managed operating structure differentiates MAIN from other investment firms",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "70f167d2-9d6a-4f93-8002-dcf937fe89fc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.6,
        "x": 0.35,
        "y": 0.33
      },
      "kind": "list",
      "text": "Primarily invests in the under-served Lower Middle Market (LMM)\nTargets companies with revenue between $10 million - $150 million; EBITDA between $3 million - $20 million\nProvides single source solutions, including a combination of first lien, senior secured debt and equity financing",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2263994b-b09c-4dfc-823b-2b9aac070334",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.6,
        "x": 0.35,
        "y": 0.68
      },
      "kind": "list",
      "text": "Debt investments in Middle Market companies\nFirst lien, senior secured and/or rated debt investments\nLarger companies than LMM investment strategy",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "509f0578-abac-407d-9a29-8333b8a5e7dd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.6,
        "x": 0.35,
        "y": 0.18
      },
      "kind": "list",
      "text": "Internally-managed Business Development Company (BDC)\nIPO in 2007\nOver $6.7 billion in capital under management\nApproximately $5.1 billion internally at MAIN\nOver $1.6 billion as the investment adviser to external parties",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "937746b3-3d41-4273-9747-d7269802df1f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.6,
        "x": 0.35,
        "y": 0.49
      },
      "kind": "list",
      "text": "Proprietary debt investments in privately held companies typically owned by private equity sponsors (Private Loans)\nOriginated directly by MAIN or through strategic relationships with other investment funds\nFirst lien, senior secured debt investments\nCompanies consistent with size of the companies in MAIN's LMM and Middle Market investment strategies",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d3bc668a-2c34-45dc-a43d-1ba324ef6197",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.6,
        "x": 0.35,
        "y": 0.77
      },
      "kind": "paragraph",
      "text": "Attractive asset management advisory business\nSignificant management ownership / investment in MAIN\nHeadquartered in Houston, Texas",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "19cb5e27-063c-440a-ae67-e7be3d8b5077",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.05,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "(1) Capital under management includes undrawn portion of debt capital as of June 30, 2023",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "75e16ca2-669d-45d2-8056-8824a63640ce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.7,
        "x": 0.05,
        "y": 0.1
      },
      "kind": "title",
      "text": "MAIN is a Principal Investor in Private Debt and Equity",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ebb79d30-8fa4-4481-8411-2dda4c74f516",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Audience Definition",
      "slug": "audience-definition",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "65bbf24d-5ea3-4f39-89f3-47242213586d",
      "evidence": "The slide provides details about MAIN's investment strategy and focus on the Lower Middle Market (LMM), which suggests that the audience is being defined.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}