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Debt & Specialty Finance
solarcapltd.com

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Investments

8

Portfolio Exits

4

Funds

3

Partners & Customers

3

About Solar Capital

Solar Capital (NASDAQ: SLRC) is an investment grade yield-oriented Business Development Company (BDC) that invests primarily in senior secured loans and subordinated debt of private middle market companies to generate current income that is distributed to shareholders quarterly across economic cycles. The company collaborates with U.S. middle market businesses across a diversity of industries to provide customized debt financing solutions.

Solar Capital Headquarter Location

500 Park Avenue 3rd Floor

New York, New York, 10022,

United States

212-993-1670

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Latest Solar Capital News

Solar Capital Ltd. To Change Name To SLR Investment Corp.; Investment Advisor Rebrands Platform

Feb 25, 2021

Solar Capital Ltd. To Change Name To SLR Investment Corp.; Investment Advisor Rebrands Platform NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Solar Capital Ltd. Author: Feb 24, 2021 5:17 PM EST NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Solar Capital Ltd. (Nasdaq: SLRC) today announced that it will change its name to SLR Investment Corp. ("SLR Investment," "SLRC," or the "Company"), effective February 25, 2021. This will reflect the concurrent platform rebranding of SLRC's investment advisor, Solar Capital Partners, to SLR Capital Partners ("SLR" or the "Advisor"). The new names will utilize one brand across the platform. SLR Investment will continue to trade on the Nasdaq under the symbol SLRC. SLRC will continue to provide U.S. middle market borrowers with a broad suite of financing solutions as well as pursue attractive investment opportunities and complementary lending strategies. The Company will maintain its strategy of investing in cash flow, asset-based and life science loans, as well as equipment financings, and corporate leases. "The platform's rebranding reflects our diversified commercial finance firm with a wide range of direct lending strategies supported by experienced investment teams," said Michael Gross, Co-CEO of SLR Investment Corp. "Our strategy of building attractive specialty finance businesses, furthered by the recent acquisition of Kingsbridge Holdings, should drive growth in net investment income." "Since completing our IPO more than 11 years ago, we have focused on expanding our access to high yielding first lien senior secured loans to companies in defensive industries," said Bruce Spohler, Co-CEO of SLR Investment Corp. "We believe this rebranding reflects our holistic approach to credit investing." SLR Investment's specialty finance companies' new names will reflect our integrated underwriting platform: Crystal Financial will become SLR Credit Solutions. SLR Credit Solutions is a leading provider of direct private credit, focused on delivering complex, creative credit solutions to middle-market companies, across diverse industries, that require flexible asset-based and cash flow financing solutions to achieve their objectives Nations Equipment Finance will become SLR Equipment Finance. SLR Equipment Finance is a leading independent equipment finance company that provides senior secured financings to primarily non-investment grade U.S. based companies Kingsbridge Holdings, a portfolio company acquired by SLR Investment Corp during the fourth quarter of 2020, will retain its name. Kingsbridge Holdings is a leading independent mid-ticket lessor of information technology, industrial, healthcare and commercial essential-use equipment to a diverse set of investment grade customers. About SLR Investment Corp. SLR Investment Corp is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, SLR Investment primarily invests directly and indirectly in leveraged, U. S. middle market companies in the form of cash flow senior secured loans and asset-based loans. About SLR Capital Partners SLR Capital Partners is an SEC-registered investment adviser that primarily invests directly in leveraged, U.S. middle market companies in the form of cash flow and asset-based senior secured investments. The Advisor manages over $7.5 billion of investable capital, including potential leverage, across its public and private BDCs, private credit funds and separately managed accounts, including serving as the investment adviser to two publicly-traded Business Development Companies, SLR Investment Corp. (Nasdaq: SLRC) and SLR Senior Investment Corp. (Nasdaq: SUNS). Since its formation in 2006, SLR Capital Partners' platform has invested over $13.0 billion in approximately 1,300 different portfolio companies with approximately 200 private equity sponsors. The platform was founded by Michael Gross and Bruce Spohler, who each have over 30 years of investment experience through multiple credit cycles. Forward-Looking Statements Statements included herein may constitute "forward-looking statements," which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in base interest rates and significant market volatility on our business, our portfolio companies, our industry and the global economy. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. SLR Investment Corp. undertakes no duty to update any forward-looking statements made herein, unless required to do so by law. Contact SLR Investment Corp.Investor Relations(646) 308-8770 By

Solar Capital Investments

8 Investments

Solar Capital has made 8 investments. Their latest investment was in Kingsbridge Holdings as part of their Secondary Market on November 11, 2020.

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Solar Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/3/2020

Secondary Market

Kingsbridge Holdings

$216M

Yes

2

3/6/2019

Debt

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$99M

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10

8/10/2018

Debt

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$99M

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10

9/16/2015

Debt

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$99M

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10

1/8/2015

Debt

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$99M

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10

Date

11/3/2020

3/6/2019

8/10/2018

9/16/2015

1/8/2015

Round

Secondary Market

Debt

Debt

Debt

Debt

Company

Kingsbridge Holdings

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Amount

$216M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

10

Solar Capital Portfolio Exits

4 Portfolio Exits

Solar Capital has 4 portfolio exits. Their latest portfolio exit was BioElectron Technology on October 30, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/30/2019

Acquired

$99M

1

5/7/2019

IPO

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$99M

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10

9/3/2014

Acquired

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$99M

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10

11/18/2013

Acq - Fin

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$99M

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10

Date

10/30/2019

5/7/2019

9/3/2014

11/18/2013

Exit

Acquired

IPO

Acquired

Acq - Fin

Companies

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Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

10

10

10

Solar Capital Acquisitions

2 Acquisitions

Solar Capital acquired 2 companies. Their latest acquisition was Nations Equipment Finance on August 01, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/1/2017

Debt

$99M

$214M

Acquired

1

1/16/2013

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$99M

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10

Date

8/1/2017

1/16/2013

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

Total Funding

$214M

Note

Acquired

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Sources

1

10

Solar Capital Fund History

3 Fund Histories

Solar Capital has 3 funds, including SCP Private Corporate Lending Fund LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

3/10/2020

SCP Private Corporate Lending Fund LP

1

3/10/2020

SCP Cayman Debt Fund LP

10

3/10/2020

SCP SF Debt Fund LP

10

Closing Date

3/10/2020

3/10/2020

3/10/2020

Fund

SCP Private Corporate Lending Fund LP

SCP Cayman Debt Fund LP

SCP SF Debt Fund LP

Fund Type

Status

Amount

Sources

1

10

10

Solar Capital Partners & Customers

3 Partners and customers

Solar Capital has 3 strategic partners and customers. Solar Capital recently partnered with Pacific Investment Management Co. on December 12, 2016.

Date

Type

Business Partner

Country

News Snippet

Sources

12/8/2016

Partner

United States

Allianz SE | Munich | Dec 08, 2016. PIMCO strengthens alternatives strategy with Solar Capital Partners tie-up

PIMCO , a leading global investment management firm owned by Allianz SE , has entered into a joint venture with Solar Capital Partners to further develop and expand its private credit platform .

1

12/7/2016

Partner

United States

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10

11/9/2015

Vendor

United States

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10

Date

12/8/2016

12/7/2016

11/9/2015

Type

Partner

Partner

Vendor

Business Partner

Country

United States

United States

United States

News Snippet

Allianz SE | Munich | Dec 08, 2016. PIMCO strengthens alternatives strategy with Solar Capital Partners tie-up

PIMCO , a leading global investment management firm owned by Allianz SE , has entered into a joint venture with Solar Capital Partners to further develop and expand its private credit platform .

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Sources

1

10

10

Solar Capital Team

1 Team Member

Solar Capital has 1 team member, including former President, Jim Young.

Name

Work History

Title

Status

Jim Young

President

Former

Name

Jim Young

Work History

Title

President

Status

Former

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