TPG Specialty Lending, Inc., a specialty finance company focused on lending to middle-market companies, today issued a letter to TICC Capital Corp. stockholders recommending that stockholders elect TSLX’s highly qualified and independent nominee, T. Kelley Millet, to TICC’s Board of Directors at the 2016 Annual Meeting on September 2, 2016. Click here to view the full letter.

TSLX outlines how TICC’s current directors, including Tonia Pankopf, have failed to stop management from pursuing a strategy that has resulted in a decade of failed returns and inappropriate governance practices at TICC. In addition, TSLX describes how Mr. Millet’s more than 30 years of experience across the financial sector, including proven credit industry leadership roles as a CEO and director, make him the ideal independent candidate to effect much-needed change at TICC.

TSLX’s letter reiterates its commitment to delivering meaningful change and real value to TICC stockholders. The letter urges stockholders to protect their investment in TICC by signing and returning the GOLD proxy card voting FOR the termination of TICC’s investment advisory agreement and FOR the election of Mr. Millet to TICC’s Board of Directors.

TPG Specialty Lending, Inc.  is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income primarily in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities. The Company has elected to be regulated as a business development company, or BDC, under the Investment Company Act of 1940 and the rules and regulations promulgated thereunder.