NEW YORK--(BUSINESS WIRE)--May. 21, 2012--
Solar Senior Capital Ltd. (NASDAQ: SUNS) today announced the appointment
effective May 18, 2012 of Richard L. Peteka as Chief Financial Officer,
succeeding Nicholas Radesca who resigned from his employment with the
“We are very pleased to welcome Rich, a top veteran of the BDC
industry,” said Michael Gross, Chairman and CEO of Solar Senior Capital
Ltd. “Based upon my prior experience working with Rich, I’m confident
that he will be a strong addition to our executive management team.”
Mr. Peteka most recently served as Chief Financial Officer and Treasurer
of Apollo Investment Corporation from June 2004 through February 2012.
Prior to joining Apollo, Mr. Peteka was Chief Financial Officer and
Treasurer of various closed-end and open-end registered investment
companies for Citigroup Asset Management.
The Company’s affiliate, Solar Capital Ltd. (NASDAQ: SLRC), has also
appointed Mr. Peteka to serve as its Chief Financial Officer.
“We thank Nick Radesca for his service to the company,” said Bruce
Spohler, Chief Operating Officer of Solar Senior Capital Ltd. “We wish
him every success in the future.”
ABOUT SOLAR SENIOR CAPITAL LTD.
Solar Senior Capital Ltd. is a closed-end investment company that has
elected to be treated as a business development company under the
Investment Company Act of 1940. The Company invests primarily in
leveraged, middle market companies in the form of senior secured loans
including first lien, unitranche, and second lien debt instruments.
Statements included herein may constitute “forward-looking statements,”
which relate to future events or our future performance or financial
condition. These statements are not guarantees of future performance,
condition or results and involve a number of risks and uncertainties.
Actual results may differ materially from those in the forward-looking
statements as a result of a number of factors, including those described
from time to time in our filings with the Securities and Exchange
Commission. Solar Senior Capital Ltd. undertakes no duty to update any
forward-looking statements made herein.
Source: Solar Senior Capital Ltd.
Solar Senior Capital Ltd.
Richard Peteka, 212-993-1660