Medley Management Inc. (NYSE:MDLY) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Condition.
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press release announcing its financial results for its fourth
quarter and year ended December 31, 2016. The press release is
furnished as Exhibit 99.1 to this Report.
information in this Item 2.02 and the exhibit attached hereto
shall not be deemed to be filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, nor shall they be
deemed to be incorporated by reference in any filing under the
Securities Act of 1933, as amended, except as shall be expressly
set forth by specific reference in such filing.
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Item 9.01
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Financial Statements and Exhibits.
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Exhibit No.
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Description
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99.1
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Press Release, dated March 15, 2017
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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 Medley Management Inc. (NYSE:MDLY) Recent Trading Information
Medley Management Inc. (NYSE:MDLY) closed its last trading session down -0.05 at 8.80 with 21,235 shares trading hands.