Todd Overbergen

On January 3, 2012, Stellus Capital Management was established in connection with the spin out of the Direct Capital Unit of the D. E. Shaw group. Stellus focuses on the middle market, providing private credit financing to businesses in a wide range of industries, and private equity capital to energy-focused companies in North America. The Stellus team deployed more than $5 billion during their years investing together at the D. E. Shaw group. Stellus currently provides investment advice in respect of approximately $740 million in private credit and energy private equity investments generated while at the D. E. Shaw group. In Private Credit, Stellus focuses on the direct origination of debt for middle market companies, typically with modest corresponding equity co-investment. For Private equity and equity-linked debt investments, the firm targets small and middle market energy businesses (making investments of $10 million to $50 million). Stellus Capital Investment Corporation (NYSE: SCM) is an externally managed, closed-end, non-diversified management investment company. Stellus Capital Investment Corporation's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA through first lien, second lien, unitranche and mezzanine debt financing, often with a corresponding equity investment. Stellus is headquartered in Houston, Texas, and also maintains offices in the New York City area, and the Washington, D.C. area.