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Sierra Income Corporation Promotes Crowe to CEO

April 30, 2021, 07:00 AM

Sierra Income Corporation announced the promotion of Dean Crowe to Chief Executive Officer and his appointment to the Company's board of directors, effective April 27, 2021. Crowe said, "I am honored to be the new CEO of Sierra, and want to thank the Board for the confidence they've placed in me". Crowe is currently the President of Sierra and will retain this title.

Sierra is a non-traded business development company that invests primarily in first lien senior secured debt, second lien secured debt and, to a lesser extent, subordinated debt of middle market companies in a broad range of industries with annual revenue between $50 million and $1 billion. Sierra's investment objective is to generate current income, and to a lesser extent, long-term capital appreciation. Sierra is externally managed by SIC Advisors LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended.

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