Fifth Street Management LLC Named "Lender of the Year" by Mergers & Acquisitions, Earning Further Recognition for 2013

Fifth Street Management LLC Named "Lender of the Year" by Mergers &
Acquisitions, Earning Further Recognition for 2013 Accomplishments

GREENWICH, CT, March 20, 2014 (GLOBE NEWSWIRE) -- Fifth Street Management LLC
("Fifth Street") today announced that it was recognized as the 2013 "M&A
Mid-Market Lender of the Year" by Mergers & Acquisitions. This is the second
honor that Fifth Street has received for its accomplishments in 2013, having
also been designated the "Lender Firm of the Year" by The M&A Advisor in
December 2013.

"We are honored to accept this award, which validates a careful path we have
pursued over the past year in response to a changing competitive landscape,"
said James Velgot, Fifth Street's Chief Marketing Officer, adding, "From
launching our second publicly-traded business development company to making
inroads into venture lending and acquiring Healthcare Finance Group, LLC
("HFG") as a portfolio company of Fifth Street Finance Corp. – the common
thread shared by all of our platform extensions is the desire to better serve
Fifth Street's clients."

Fifth Street already appears to be capitalizing on its platform synergies as
it gains momentum in key areas. The firm recently announced that its venture
lending group, Fifth Street Technology Partners, closed three new technology
investments totaling $55 million so far in 2014. Also, Fifth Street Senior
Floating Rate Corp., Fifth Street's second business development company, is
now fully deployed with a diverse group of investments in over 30 portfolio
companies. In addition, HFG – an asset-based lender with a healthcare focus –
recently closed its largest syndication, totaling $475 million.

In selecting the Fifth Street platform, Mergers & Acquisitions also
highlighted other compelling milestones, including the formation of a company
in the aircraft-leasing sector, First Star Aviation LLC, and the firm-wide
deepening of its talent pool. Altogether, these efforts have helped Fifth
Street evolve into a diversified asset manager.

The Mergers & Acquisitions 7th annual M&A Mid-Market Awards honored the
leading dealmakers and deals that set the standard for middle market
transactions in 2013. To determine the winners, Mergers & Acquisitions
considered a variety of factors, including performance, growth, innovation and
thought leadership.

About Mergers & Acquisitions

Mergers & Acquisitions covers all aspects of middle market deal making,
including identifying acquisition targets, negotiating transactions,
performing due diligence and closing deals. Serving nearly 18,600 print
subscribers, Mergers & Acquisitions' monthly magazine is published in
partnership with the Association for Corporate Growth (ACG), a global
organization comprised of thousands of private equity firms, corporate
officials and intermediaries. With more than 40,000 unique monthly visitors, is continuously updated, providing real-time information
and analysis of news and trends in M&A. The publication's online video series
features interviews with high-profile dealmakers, including private equity
partners, strategic buyers, investment bankers and other advisers. To learn
more, visit

About Fifth Street Management LLC

With over $3 billion in assets under management, Fifth Street Management LLC
is a leading alternative asset manager and the SEC-registered investment
adviser of two publicly-traded business development companies, Fifth Street
Finance Corp. (NASDAQ:FSC) and Fifth Street Senior Floating Rate Corp.
(NASDAQ:FSFR). With a track record of more than 15 years and offices across
the country, Fifth Street's nationally recognized platform was named 2013
"Lender Firm of the Year" by The M&A Advisor and provides custom-tailored
financing solutions to small and mid-sized companies, primarily in connection
with investments by private equity sponsors.Principally in the form of
one-stop financings, first lien, second lien, mezzanine debt and equity
co-investments, the Fifth Street platform has the ability to hold loans up to
$150 million, commit up to $250 million and structure and syndicate
transactions up to $500 million.Fifth Street's website can be found at

Forward-Looking Statements

This press release may contain certain forward-looking statements, including
statements with regard to the future performance(s) of Fifth Street Finance
Corp. ("FSC") and/or Fifth Street Senior Floating Rate Corp. ("FSFR").Words
such as "believes," "expects," "estimates," "projects," "anticipates," and
"future" or similar expressions are intended to identify forward-looking
statements.These forward-looking statements are subject to the inherent
uncertainties in predicting future results and conditions.Certain factors
could cause actual results to differ materially from those projected in these
forward-looking statements, and these factors are identified from time to time
in FSC's and/or FSFR's filings with the Securities and Exchange
Commission.Neither FSC nor FSFR undertake any obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.

CONTACT: Investor Contact:
         Dean Choksi, Executive Director of
         Finance & Head of Investor Relations
         (914) 286-6855
         Corporate Development:
         Juan Alva, Managing Director, Head of
         Strategy & Corporate Development
         (818) 876-9665
         Media Contact:
         Nick Rust
         Prosek Partners
         (212) 279-3115 ext. 252

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