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Investor Relations 2017 News Releases

Fifth Street Asset Management Inc.
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Fifth Street Asset Management Inc. Announces Initiation of Trading on the OTCQX Market Starting on Monday November 6, 2017
November 6, 2017
GREENWICH, CT, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (OTCQX:FSAM) (the “Company”) today announced that it has voluntarily delisted from the Nasdaq Global Select Market (“Nasdaq”) and that its Class A common stock will begin trading on the OTC Market Group’s OTCQX market effective at the open of the market on Monday, November 6, 2017.  The trading symbol will remain FSAM. As of this morning, the Company’s common stock is no longer traded on Nasdaq. The Company ... 
Fifth Street Asset Management Inc. Announces Intent to Dissolve FSAM and Declares a Contingent Initial Distribution of $2.75
October 25, 2017
GREENWICH, CT, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management (NASDAQ:FSAM) (“FSAM” or the “Company”) today announced its Board of Directors has determined that it is in the best interest of FSAM and its stockholders to dissolve the Company and wind up its affairs in accordance with the requirements of Delaware law and the Internal Revenue Code of 1986.  FSAM expects that a preliminary information statement will be filed with the SEC in October 2017, which will notify the stoc... 
Fifth Street Asset Management Inc. Announces Intention to Voluntarily Delist from Nasdaq and Deregister its Common Stock
October 25, 2017
GREENWICH, CT, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management (NASDAQ:FSAM) (“FSAM” or the “Company”) today announced that it has notified the Nasdaq Global Select Market (“Nasdaq”) of its intent to file a Form 25 with the Securities and Exchange Commission (“the SEC”) on or about November 6, 2017 in order to voluntarily withdraw its Class A common stock from listing and registration on Nasdaq effective as of such date.   Following the Nasdaq delisting, FSAM is currently takin... 
Fifth Street Asset Management Completes Asset Sale to Oaktree
October 17, 2017
GREENWICH, CT, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management (NASDAQ:FSAM) (“FSAM”) today announced that it has completed its previously disclosed transaction with Oaktree Capital Management, L.P. (“Oaktree”), an affiliate of Oaktree Capital Group, LLC (NYSE:OAK), whereby Oaktree has become the new investment adviser to two Business Development Companies (“BDCs”): Oaktree Specialty Lending Corporation (NASDAQ:OCSL), previously Fifth Street Finance Corp. (NASDAQ:FSC); and Oakt... 
Fifth Street Asset Management Inc. Announces Second Quarter 2017 Results
August 21, 2017
GREENWICH, CT, Aug. 21, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) ("FSAM" or "we") today announced its financial results for the second quarter ended June 30, 2017. Second Quarter 2017 Highlights GAAP net loss attributable to FSAM for the quarter ended June 30, 2017 of $0.9 million, or $0.06 per share; Total revenues for the quarter ended June 30, 2017 of $15.9 million; and Management fees represented 88.8% of total revenues for the quarter... 
Fifth Street Asset Management Inc. Files Form 12b-25 with Securities and Exchange Commission
August 15, 2017
Related to Additional Financial Disclosures Required as a Result of Strategic Transitions with Oaktree Capital Management, L.P. and New Star Financial, Inc. GREENWICH, CT, Aug. 15, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) (“FSAM” or the “Company”) today announced that it has postponed the filing of its Form 10-Q for the quarter ended June 30, 2017. The Company has filed a notification of late filing on Form 12b-25 with the U.S. Securities and Exchange Commissi... 
Fifth Street Asset Management Inc. Schedules Earnings Release for the Quarter Ended June 30, 2017
July 25, 2017
GREENWICH, CT, July 25, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) (“FSAM”) today announced that it plans to report earnings for the quarter ended June 30, 2017 after the financial markets close in New York on Monday, August 14, 2017.  FSAM will not have an earnings call or webcast for its second quarter results due to the pending transaction pursuant to which Oaktree Capital Management, L.P. (“Oaktree”), an affiliate of Oaktree Capital Group, LLC (NYSE:OAK), wil... 
Fifth Street Asset Management Inc. Enters into Agreement for Oaktree to Assume Management of Business Development Companies Fifth Street Finance Corp. and Fifth Street Senior Floating Rate Corp.
July 14, 2017
Transaction Represents Culmination of Strategic Review Process GREENWICH, Conn., July 14, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management (NASDAQ:FSAM) (“FSAM”) today announced that it has signed a definitive asset purchase agreement with Oaktree Capital Management, L.P. (“Oaktree”), an affiliate of Oaktree Capital Group, LLC (NYSE:OAK), under which Oaktree will become the new investment adviser to two Business Development Companies (“BDCs”): Fifth Street Finance Corp. (NASDAQ:FSC) (“F... 
Fifth Street Asset Management Inc. Announces Sale of Middle Market CLO Business to NewStar Financial, Inc.
July 7, 2017
GREENWICH, CT, July 07, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) (“FSAM” or “Fifth Street”) today announced that it has agreed to sell Fifth Street CLO Management LLC (“FSCM”), a wholly-owned subsidiary of Fifth Street Holdings L.P., to NewStar Financial, Inc. (NASDAQ:NEWS) (“NewStar”).  FSAM intends to use the proceeds from this transaction to pay down its credit facility and for general corporate purposes.  The estimated purchase price is approximately $16 mi... 
Fifth Street Asset Management, Inc. is Engaged in Strategic Discussions
June 30, 2017
GREENWICH, CT, June 30, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management, Inc. (NASDAQ:FSAM) (“FSAM”) is in discussions regarding a potential sale transaction regarding its BDC investment advisory business, which includes the management of Fifth Street Finance Corp. (NASDAQ:FSC) and Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR).  No definitive agreement has been reached and there can be no assurance that any transaction will result from these discussions.  FSAM does not intend t... 
Fifth Street Asset Management Inc. Announces First Quarter 2017 Results
May 15, 2017
GREENWICH, CT, May 15, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) ("FSAM" or "we") today announced its financial results for the first quarter ended March 31, 2017. First Quarter 2017 Highlights GAAP net income attributable to FSAM for the quarter ended March 31, 2017 of $1.6 million, or $0.10 per share; Adjusted Net Income after tax for the quarter ended March 31, 2017 of $5.2 million, or $0.10 per share; Fee-earning Assets Under Management ("AUM")... 
Fifth Street Asset Management Inc. Schedules Earnings Release for the Quarter Ended March 31, 2017
April 20, 2017
GREENWICH, CT, April 20, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) (“FSAM”) today announced that it plans to report earnings for the quarter ended March 31, 2017 after the financial markets close in New York on Monday, May 15, 2017. FSAM will host a conference call at 10:00 a.m. (Eastern Time) on Tuesday, May 16, 2017 to discuss its quarterly financial results.  All interested parties are welcome to participate.  Domestic callers can access the conference call ... 
Fifth Street Supports Two Mergers by GTCR, Onvoy and Inteliquent, as well as LiquidPoint and Dash
March 22, 2017
GREENWICH, CT, March 22, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) announced today that its affiliate, Fifth Street Management LLC (“Fifth Street”), served as Joint Lead Arranger in support of mergers for two different GTCR portfolio companies.  The two transactions represent the 15th and 16th financings that Fifth Street has completed in connection with Chicago, IL-based GTCR, a leading private equity firm focused on investing in growth companies.  First, Fi... 
Fifth Street Asset Management Inc. Announces Fourth Quarter and Full Year 2016 Results
March 21, 2017
GREENWICH, CT, March 21, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) ("FSAM" or "we") today announced its financial results for the fourth quarter and year ended December 31, 2016. Fourth Quarter and Full Year 2016 Highlights GAAP net loss attributable to FSAM for the quarter and year ended December 31, 2016 of $0.9 million, or $0.14 per share, and $1.5 million, or $0.25 per share, respectively; Adjusted Net Income after tax for the quarter and year ended... 
Fifth Street Asset Management Inc. Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2016
March 7, 2017
GREENWICH, CT, March 07, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) (“FSAM”) announced today that it plans to report earnings for the fourth quarter and fiscal year ended December 31, 2016 before the financial markets open in New York on Tuesday, March 21, 2017. FSAM will host a conference call at 10:00 a.m. (Eastern Time) on Tuesday, March 21, 2017 to discuss its quarterly financial results.  All interested parties are welcome to participate.  Domestic callers ...