OHA Investment Corporation (NASDAQ: OHAI) is a specialty finance company designed to provide its investors with current income and capital appreciation. OHAI focuses primarily on providing creative direct lending solutions to middle market private companies across industry sectors.
OHAI is externally managed by Oak Hill Advisors, L.P., a leading independent investment firm specializing in direct lending, high yield bonds, leveraged loans, distressed investments, mortgage strategies and corporate structured products. With approximately $24.4 billion of capital as of August 2014, Oak Hill Advisors employs a fundamental value-oriented strategy focused on credit analysis, relative value and active risk management that has been in place for more than two decades. Over this time period, Oak Hill Advisors has developed deep expertise originating, structuring, executing and managing investments in the debt markets. Oak Hill Advisors has also built an extensive network of relationships that enhances all aspects of its investment process. The firm invests on behalf of investors globally, including pension funds, sovereign wealth funds, insurance companies, foundations, endowments, fund of funds and family offices.
Oak Hill Advisors has substantial experience in direct lending, having invested approximately $3 billion in nearly 100 direct lending investments over the past 12 years. OHAI seeks to leverage the Oak Hill Advisors platform of approximately 200 employees, including 33 partners and managing directors.
OHAI was formerly known as NGP Capital Resources Company prior to Oak Hill Advisors assuming the external manager role for the company on September 30, 2014.
OHAI has elected to be regulated as a business development company under the Investment Company Act of 1940 and the rules and regulations promulgated thereunder.
More information on Oak Hill Advisors can be found at www.oakhilladvisors.com