OHA Investment Corp to Merge with Portman Ridge Finance Corporation

August 02, 2019

Dechert LLP advised OHA Investment Corporation (“OHAI”), a publicly traded business development company managed by Oak Hill Advisors, L.P., on its definitive agreement to merge with and into Portman Ridge Finance Corporation, a publicly traded business development company managed by an affiliate of BC Partners Advisors L.P.  

The combined company is expected to have total assets of approximately US$372 million, and net asset value of approximately US$181 million. 

The Dechert team advising OHAI included corporate partners Bernardo Piereck de Sa, Harry S. Pangas and Ken Young, counsel James Curtis, and associates Cynthia Bien and Yitian Jin; alongside tax partners Ari Zak and Steven Clemens and associate Mansi Seth. 

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