Kohlberg Capital Corporation is an internally managed, non-diversified, closed-end investment company. The Company originates, structures and invests in senior secured term loans, mezzanine debt and selected equity securities primarily in privately held middle market companies. In addition to the Company’s middle market investment business, its wholly owned portfolio company, Katonah Debt Advisors and its affiliates manage collateralized loan obligation funds (CLO Funds) that invest in syndicated loans, bonds and other corporate credit instruments. As of December 31, 2008, Katonah Debt Advisors had approximately $2.1 billion of assets under management. On January 2, 2008, the Katonah Debt Advisors platform acquired Scott’s Cove Capital Management LLC (Scott’s Cove), an asset manager focused on an event-driven credit long short investment strategy.