WhiteHorse Finance, Inc. Increases Commitment to Joint Venture

NEW YORK, February 6, 2023 /PRNewswire/ - WhiteHorse Finance, Inc. (Nasdaq : WHF) today announced that they, along with State Teachers Retirement System of Ohio (the "STRS Ohio"), increased their capital commitments for their joint venture, WHF STRS Ohio Senior Loan Fund LLC ("WHF STRS JV") by $25 million. Stuart Aronson (Chairman, WhiteHorse Finance), stated that "We are happy to continue growing our successful partnership avec STRS Ohio through increased engagements to our joint venture," We believe that our joint venture investment provides attractive returns to our shareholders, and is especially relevant in light of the current market environment. WHF STRS JV was created in 2019 to invest primarily on lower middle market senior secured loans facilities. WhiteHorse Finance, Inc. WhiteHorse Finance, Inc. is a business development firm that originates and funds loans for privately held, lower-middle market companies in a wide range of industries. H.I.G. manages the Company's investments activities. Capital is a global alternative asset manager that manages more than $53 billion in capital. This includes a variety of funds that target the small- and medium-cap markets. H.I.G. is a website that provides more information. For more information about H.I.G. Capital, please visit URL. Forward-Looking Statements This press release could contain "forward-looking" statements within the meaning the Private Securities Litigation Reform Act (1996). Other than historical facts, statements in this press release could be considered forward-looking statements. They are not guarantees of future performance and results and may involve risks and uncertainties. Due to a variety of factors, including those listed in periodic filings with SEC, actual results could differ materially from the forward-looking statements. Forward-looking statements made by the Company are not subject to revision. * Based on total capital commitments managed H.I.G. SOURCE WhiteHorse Finance, Inc.