Medley and former CEOs pay $10 million to settle SEC charges over AUM misrepresentation
The respondents have agreed to pay $10 million in civil penalties, without admitting or denying the findings

Medley BDC finds no "superior proposal" to merger plans after go-shop process
Medley Capital Corporation (MCC) has not found a “superior proposal” for its plans to merge with another Medley-managed business development company and instead recommends that shareholders vote for its amended agreement.

Monroe bolsters direct lending team across the US
Middle market lender Monroe Capital has bolstered its direct origination team with hires across several US offices,

Medley signs agreement with activist shareholder over three-way merger
The Medley saga continues...two board of directors have been appointed and several ammendments have been made to the merger agreement

Investcorp hires ex-Medley structured credit head as John Fraser retires
Investcorp has appointed a CLO specialist as co-head of US credit, following the retirement of the firm’s previous sole US credit head

Medley BDC loses compliance with NYSE as two directors depart
The Medley marathon continues after two "independent" directors offered their resignations. The pair were named in a lawsuit last month with activist shareholders FrontFour 

Marathon proposes alternative to long-running Medley BDC merger dispute
Marathon has joined the race to take on two business development companies managed by Medley

Medley and Sierra fight back over NexPoint's "$225 million value" claims
Medley Capital Corporation and Sierra Income Corporation have issued a joint statement disputing facts claimed by Highland affiliate NexPoint Advisors 

FrontFour continues to urge shareholders to vote against Medley BDC merger
FrontFour Capital Group, a shareholder with 3.8% ownership of Medley Capital Corporation, has issued yet another statement for shareholders to vote against the proposed merger of Medley Management with Sierra Income Corporation. 

Medley adds managing director to its fundraising team
A marketing official who previously worked at Oak Hill Advisors has landed at Medley Management’s San Francisco offices

Apidos co-founder set to join Medley as head of structured credit
One of the founding partners at CVC Credit Partners, is set to join Medley Management as head of structured credit in New York

Highland shelves plans for format switch as interval funds gather pace
Instead of converting a mutual fund into an interval fund, Highland is looking to launch an interval fund - viewed as a investor-friendly alternative to BDCs - from scratch 

Mid-market lender gets to work on new CLO risk retention strategy
A direct lender with ambitions of managing CLOs is said to be in talks with investors over a risk retention vehicle

BDC considers launching new US CLO management unit
A BDC manager, which has not previously invested in CLO equity, is eyeing a CLO management business as it seeks growth in broadly syndicated loans

Mid-market lender Medley aims for mid-teen returns for new JV
Medley Capital, a middle-market lender, has given an insight into a new joint venture it has formed

BDC manager Medley makes big hire to marketing team
Middle-market lender Medley has made a big-name hire to its marketing team in New York

Former Marathon fund manager joins credit hedge fund in New York
A senior portfolio manager at mid-market specialist Medley Capital has left the company and joined a credit hedge fund manager this month

Mid-market lender makes high profile hire from CIFC
It has been a period of high turn-over for one particular middle-market lender, which has looked to remedy the loss of several senior officials with a top hire

Manager hires from Medley as it seeks to grow mid-market unit
CLOs are out and middle-market lending is in - that's the business plan for a large asset manager