ABOUT MEDLEY & SIERRA

Medley is an alternative asset management firm offering yield solutions to retail and institutional investors. Medley's national direct origination franchise is a premier provider of capital to the middle market in the U.S. As of September 30th, 2020, Medley had $3.4 billion of assets under management in two business development companies, and several private investment vehicles.1 Over the past 18 years, we have provided capital to over 400 companies across 35 industries in North America.2

Footnote - About Medley & Sierra

1) This information is provided by SIC Advisors, Sierra’s investment advisor and is as of September 30, 2020.
2) Medley Management Inc. is the parent company of Medley LLC and several registered investment advisors (collectively,  "Medley"). Assets under management refers to assets of our funds, which represents the sum of the net asset value of such funds, the drawn and undrawn debt (at the fund level, including amounts subject to restrictions) and uncalled committed capital (including commitments to funds that have yet to commence their investment periods). One of the business development companies advised by Medley internalized on January 1, 2021 and its $0.3 billion of assets as of September 30, 2020 are no longer under Medley's management.