executing new investments for the Fund, as well as managing the Fund’s portfolio of private loan and
middle market investments. Mr. Meserve also serves as a Managing Director on, and has management
responsibility over, the private credit investment team of Main Street and the Adviser and is
responsible for managing their portfolios of private loan and middle market investments. He
previously served on MSC Income’s Board from 2016 until 2020. Prior to joining Main Street, Mr.
Meserve was at Highland Capital Management, LP, a large alternative credit manager, and certain of
its affiliates, where he managed a portfolio of senior loans and high yield bonds across a diverse set of
industries. Prior to Highland, he was a Credit Analyst at JP Morgan Chase & Co.
ABOUT MSC INCOME FUND, INC.
The Fund (www.mscincomefund.com) is a principal investment firm that primarily provides debt
capital to private companies owned by or in the process of being acquired by a private equity fund.
The Fund’s portfolio investments are typically made to support leveraged buyouts, recapitalizations,
growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors.
The Fund seeks to partner with private equity fund sponsors and primarily invests in secured debt
investments within its private loan investment strategy. The Fund also maintains a portfolio of
customized long-term debt and equity investments in lower middle market companies, and through
those investments, the Fund has partnered with entrepreneurs, business owners and management teams
in co-investments with Main Street utilizing the customized “one-stop” debt and equity financing
solutions provided in Main Street’s lower middle market investment strategy. The Fund’s private loan
portfolio companies generally have annual revenues between $25 million and $500 million. The
Fund’s lower middle market portfolio companies generally have annual revenues between $10 million
and $150 million.
ABOUT MSC ADVISER I, LLC
The Adviser is a wholly-owned subsidiary of Main Street that is registered as an investment adviser
under the Investment Advisers Act of 1940, as amended. The Adviser serves as the investment adviser
and administrator of the Fund in addition to several other advisory clients.
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements, including but not limited to executive
succession plans, which are based upon the Fund management’s current expectations and are
inherently uncertain. Any such statements other than statements of historical fact are likely to be
affected by other unknowable future events and conditions, including elements of the future that are or
are not under the Fund’s control, and that the Fund may or may not have considered; accordingly, such