Investor Relations Contact:Sam Anderson, 212-759-0777Head of Capital Markets & RiskMedley Management Inc.Media Contact:Erin Clark, 646-214-8355Teneo Strategy
NEW YORK, Aug. 15, 2017 (GLOBE NEWSWIRE) -- Medley Management Inc. ("Medley") (NYSE:MDLY), an alternative asset management firm, today announced that Allyson Kaufman has joined the firm as a Managing Director in the Institutional Fundraising group. Based in San Francisco, Ms. Kaufman will cover institutional investors for Medley's private funds and separately managed accounts. Kaufman was previously a founding member and Managing Director at Corrum Capital Management, where she led investor relations, business development, and distribution strategies. Prior to that, she was a Vice President at Oak Hill, leading investor relations and client communications. Prior to Oak Hill, Kaufman was a Vice President and Senior Product Manager/Client Portfolio Manager for U.S. equity strategies at Goldman Sachs Asset Management, where she began her career. Kaufman received a BA from the University of Pennsylvania (summa cum laude) and an MBA from New York University Stern School of Business. "We are pleased to welcome Allyson and confident she will be a valuable asset to Medley's growing investment platform and client base," said Brook Taube, CEO of Medley. "Medley has successfully expanded its business lines and investment disciplines, and I look forward to introducing investors to the firm's innovative yield solutions," said Kaufman. About Medley Medley is an alternative asset management firm offering yield solutions to retail and institutional investors. Medley's national direct origination franchise, with over 85 people, is a premier provider of capital to the middle market in the U.S. As of June 30, 2017, Medley has over $5 billion of assets under management in two business development companies, Medley Capital Corporation (NYSE:MCC) and Sierra Income Corporation, a credit interval fund, Sierra Total Return Fund (NASDAQ:SRNTX) and several private investment vehicles. Over the past 15 years, Medley has provided capital to over 380 companies across 35 industries in North America. Medley LLC, the operating company of Medley Management Inc., has outstanding bonds which trade on the NYSE under the symbols (NYSE:MDLX) and (NYSE:MDLQ). Medley Capital Corporation (NYSE:MCC) has outstanding bonds which trade on the NYSE under the symbols (NYSE:MCV) and (NYSE:MCX).