Griffin Capital BDC Inactive

We are a Maryland corporation, formed on May 27, 2014 under the Maryland General Corporation Law. We are organized as an externally managed, non-diversified closed-end management investment company that has elected to be regulated as a business development company ("BDC"), under the Investment Company Act of 1940, as amended (the "1940 Act"). We have elected to be treated for U.S. federal income tax purposes as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code") beginning with the fiscal year ended December 31, 2015. We are externally managed by Griffin Capital BDC Advisor, LLC ("GBA" or "Adviser"), a Delaware limited liability company. GBA is indirectly owned by Griffin Capital Company, LLC ("Griffin Capital") and Randy Anderson, our Executive Vice President, who directly owns a 5% interest in GBA. Kevin A. Shields, Chairman of the Board of Directors and President of the Company, controls the sole stockholder of Griffin Capital. GBA is a registered investment adviser under the Investment Advisers Act of 1940, as amended (the "Advisers Act"). GBA oversees the management of our activities and is responsible for making investment decisions with respect to, and providing day-to-day management and administration of, our investment portfolio under the terms of an advisory agreement between us and GBA. We and GBA have engaged Benefit Street Partners L.L.C. ("Benefit Street" or "Sub-Adviser"), a Delaware limited liability company and affiliate of Providence Equity Partners L.L.C. ("Providence"), to act as our Sub-Adviser. Benefit Street is a registered investment adviser under the Advisers Act and assists GBA with the management of our activities and operations, pursuant to a sub-advisory agreement between us, GBA, and Benefit Street.