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Based in New York, Suhail and Peter will lead Alcentra's Direct Lending business in the U.S., providing a range of private credit solutions to support middle market sponsors and corporations. Leveraging Alcentra's leading U.K. and European direct lending experience, the U.S. Direct Lending team will also advise Alcentra Capital Corporation (NASDAQ Global Select Market: "ABDC") in an effort to create value for its stockholders and enhance Alcentra's U.S. liquid credit loan, high yield and multi-strategy capabilities. Peter and Suhail were also appointed Co-Presidents of Alcentra Capital Corporation, with Vijay Rajguru appointed CEO.

These appointments reflect Alcentra's focus on enhancing its position as one of a limited number of credit asset managers that can bring global capabilities to both investors and borrowers. They follow several recent hires to Alcentra's U.S. investment team including Vijay Rajguru as Global Co-CIO and Leland Hart as Head of U.S. Loans and High Yield.

David Forbes-Nixon, Chairman and Chief Executive Officer for Alcentra, said:

"Given our sustained position as one of the leading credit managers in Europe, we are committed to growing our direct lending offer for our clients in the U.S. market. We are delighted to welcome Suhail and Peter to the Alcentra team, as their deep experience in sponsor finance and private credit will further enhance our direct lending capabilities in the U.S. and improve our service to clients."

Peter joins Alcentra from KKR where he headed KKR Sponsor Finance, providing clients with capital structure solutions through KKR's private credit and capital markets platforms. Peter was previously a Managing Director at Barclays Capital and held roles on the U.S. Leveraged Finance team as its Co-Head of Origination & Execution and Co-Head of the Financial Sponsors Group. In his over 25-year career in finance, Peter has also held various positions in M&A and corporate finance at Goldman Sachs, Bank of America, Dillon Read, and James D. Wolfensohn Inc. He received his M.B.A. from Harvard Business School and a B.A. from the University of Pennsylvania.

Suhail joins from Solar Capital Partners, LLC ("Solar") where he was a senior investment professional. Solar is a private credit fund advisor, which manages over $4 billion of investable capital in two publicly listed business development companies. Since joining Solar in 2011, Suhail was responsible for the origination, structuring and investment of middle market principal credits, spanning 1st lien, 2nd lien and unitranche transactions. Prior to Solar, Suhail was in investment banking for over fifteen years as a leveraged finance specialist and financial sponsor banker, most recently as a Managing Director at Bank of America Merrill Lynch. He previously worked at JPMorgan, CIBC and Bankers Trust. Suhail has an M.B.A. from the Wharton School of Business and an A.B. from Middlebury College.