Medley LLC Announces that James A. Feeley III Joins its Investment Team as Senior Managing Director and Head of Markets

  Medley LLC Announces that James A. Feeley III Joins its Investment Team as
  Senior Managing Director and Head of Markets

Business Wire

NEW YORK -- January 22, 2014

Medley LLC (“Medley”) is pleased to announce that James A. Feeley III has
joined its team of investment professionals as a Senior Managing Director and
Head of Markets. With over 25 years of investment banking and leveraged
finance, private equity and credit-oriented alternatives investment management
experience, Mr. Feeley brings a range of skills including direct lending to
middle market companies and financial sponsors, performing and distressed
credit investing and CLO asset management.

Mr. Feeley began his career in investment banking and leveraged finance with
Fleet Bank and J.P. Morgan Securities in the Global Acquisition Finance and
Financial Sponsors Group. After joining private equity firm J.H. Whitney &
Co., Mr. Feeley was a Founding Partner of FriedbergMillstein’s credit
strategies business and a Founding Managing Partner of CastleHill Investment
Management and White Squall Capital Partners.

“I was attracted to the Medley credit platform because of their deep
commitment to fundamental credit investment strategies, their impressive
success through the last credit cycle and their commitment to building a world
class credit alternatives investment firm,“ said Jim Feeley. “I am excited
about the opportunity to help Medley continue to develop their business and
their team.”

“Jim’s experience in asset management and credit investing adds to the depth
and breadth of our senior management and investing teams,” added Seth Taube,
Partner of Medley. “Jim is an experienced investor and business builder who
will help us continue to elevate Medley’s capabilities for our investors.”

ABOUT MEDLEY

Medley is a registered investment adviser under the Investment Advisers Act of
1940 that manages private funds, managed accounts and business development
companies, Medley Capital Corporation (NYSE: MCC) and Sierra Income
Corporation. Medley specializes in credit investing, including direct private
lending and corporate credit related strategies. Medley provides first lien,
second lien and uni-tranche term loans to middle-market companies with an
investment size between $10-100 million. Medley will support acquisition and
growth financings, leveraged buyouts, management buyouts, bank debt
restructurings, CAPEX, Chapter 11 exit financing and DIP financing. Medley is
headquartered in New York with offices in San Francisco.

FORWARD-LOOKING STATEMENTS

Statements included herein may contain "forward-looking statements."
Statements other than statements of historical facts included in this press
release may constitute forward-looking statements and are not guarantees of
future performance or results and involve a number of assumptions, risks and
uncertainties, which change over time. Actual results may differ materially
from those anticipated in any forward-looking statements as a result of a
number of factors, including those described from time to time in filings by
the Company with the Securities and Exchange Commission. Except as required by
law, the Company undertakes no duty to update any forward-looking statement
made herein. All forward-looking statements speak only as of the date of this
press release.

Contact:

Medley LLC
Richard T. Allorto, CFO
212-759-0777
 
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