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MCC Advisors LLC, Medley Capital LLC, SIC Advisors LLC, SOF ADVISORS LLC, and STRF Advisors LLC are each relying on the Securities and Exchange Commission’s Orders of March 13, 2020 and March 25, 2020 Under Section 206A of the Investment Advisers Act of 1940 Granting Exemptions from Specified Provisions of the Investment Advisers Act and Certain Rules Thereunder with respect to filing deadlines or delivery requirements relating to the filing of Form ADV or delivery of its brochure, summary of material changes, or brochure supplement required by Rule 204-3(b)(2) or (b)(4).

(1) Medley Management Inc. is the parent company of Medley LLC and several registered investment advisors (collectively, "Medley”). Assets under management refers to assets of our funds, which represents the sum of the net asset value of such funds, the drawn and undrawn debt (at the fund level, including amounts subject to restrictions) and uncalled committed capital (including commitments to funds that have yet to commence their investment periods). Assets under management are as of December 31, 2020.
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