OHA Investment Corporation Announces Quarterly Dividend, Payable on July 9, 2015; Announces Executive Changes
June 12, 2015
Share
OHA Investment Corporation announced that its Board of Directors has declared a quarterly dividend of $0.12 per share will be paid on July 9, 2015 to stockholders of record as of June 30, 2015. Management estimates that the dividend will be paid out of ordinary income.
Effective June 10, 2015, the Board of Directors appointed Cory E. Gilbert to the offices of Chief Financial Officer and Treasurer of the Company, and Lisa R. Price to the office of Chief Compliance Officer of the Company. Mr. Gilbert and Ms. Price replace L. Scott Biar, who has served in those roles on an interim basis since Oak Hill Advisors, L.P. was appointed as the investment advisor of the Company on September 30, 2014. Previously, Mr. Gilbert served as the CFO of RED Capital Group, the commercial mortgage banking arm of ORIX, USA. Prior to joining OHA as Associate General Counsel and Compliance Officer and prior to her appointment as CCO of the Company, Ms. Price was an associate of the international law firm of Dechert LLP specializing in investment management matters.
OHA Investment Corporation is a specialty finance company. The Company focuses primarily on providing direct lending solutions to middle market private companies across industry sectors. The Company's investment portfolio includes debt securities and other investments in upstream exploration and production companies engaged in the acquisition, development and production of oil and natural gas properties in and along the Gulf Coast, in the state and federal waters of the Gulf of Mexico, and in the Permian Basin, Mid-Continent and Rocky Mountain areas. The Company is an externally managed, closed-end, non-diversified management investment company. The Company invests primarily in senior and junior secured, unsecured and subordinated loans, and to debt securities or preferred stock of the United States private and public middle market companies. The Company may also invest in equity, distressed debt and other assets. The Company's investment advisor is Oak Hill Advisors, L.P.
OHA INVESTMENT CORPORATION 
