The Board of Directors of OHA Investment Corporation announced the appointment of Steven Wayne as President and Chief Executive Officer of the Company, effective January 15, 2016. Mr. Wayne succeeds Mr. Robert W. Long, who is departing the Company and Oak Hill Advisors, L.P. to accept a new role. As President and Chief Executive Officer, Mr. Wayne will continue the Company's focus on middle market lending across a broad spectrum of industries and companies, as OHAI transitions to a more diversified lending model from its historical focus on energy investments.

Mr. Wayne serves as a Managing Director and Portfolio Manager of Oak Hill Advisors, L.P.