Medley Management Inc. (NYSE:MDLY) Files An 8-K Other Events
Item 8.01 Other Events.
On March 8, 2019, Medley Management Inc. (MDLY), Sierra Income Corporation (Sierra), and Medley Capital Corporation (MCC) issued a joint press release regarding the adjournment of each Special Meeting of Shareholders of MDLY, Sierra, and MCC, each of which will be reconvened on March 15, 2019. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
|99.1||Press Release dated March 8, 2019|
MEDLEY MANAGEMENT INC. Exhibit
EX-99.1 2 f8k030819sierracex99-1_mdly.htm PRESS RELEASE DATED MARCH 8,…
To view the full exhibit click
About Medley Management Inc. (NYSE:MDLY)
Medley Management Inc. is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States. The Company generally holds these loans to maturity. Its national direct origination franchise provides capital to the middle market in the United States. The Company has over $4.8 billion of assets under management (AUM) in approximately two business development companies (BDCs), Medley Capital Corporation (MCC) and Sierra Income Corporation (SIC), as well as private investment vehicles. It has over $5 billion of AUM. The Company provides capital to over 300 companies across approximately 35 industries in North America. The Company’s long-dated private funds include MOF I, MOF II and MOF III. Its private funds are managed through partnership structures