MSC Income Fund Announces Leadership Transition with New CEO Appointment

MSC Income Fund Updates Leadership Structure

The MSC Income Fund, Inc., which operates under the NYSE ticker MSIF, has officially announced a significant leadership transition as part of its long-term succession planning. Dwayne L. Hyzak, the current CEO since October 2020, will hand over the reins to Nicholas T. Meserve in the fourth quarter of 2026. This strategic shift is designed to ensure a smooth transition while maintaining the operational excellence that the Fund is known for.

In his new role, Mr. Meserve will become the CEO of MSC Income, which is primarily focused on providing debt capital to private companies, especially those linked to private equity firms. Mr. Hyzak will continue contributing to the company as the Executive Chairman, where he will collaborate closely with Mr. Meserve. This dual leadership approach is expected to foster continuity in leadership and operational strategies, making for an effective transition.

Mr. Hyzak expressed confidence in this decision, stating, "Nick is uniquely qualified to assume the role of Chief Executive Officer of MSC Income Fund. His extensive background and experience with our company's private loan investment strategies are invaluable, and I am delighted to welcome him to this new position."

Mr. Meserve has been serving as a Managing Director of MSC Income since 2020 and has played a pivotal role in shaping the Fund’s investment strategies, particularly in private loans. His track record dates back to 2012, contributing to Main Street Capital Corporation's investment activities. With a focus on sourcing and managing portfolios of private loans and middle-market investments, Mr. Meserve's leadership is seen as essential for navigating future growth.

Prior to his time at MSC Income, Mr. Meserve gained experience at Highland Capital Management and JP Morgan Chase & Co., where he was responsible for managing numerous high-value assets. His diverse portfolio and extensive background make him well-suited to lead the Fund in the evolving financial landscape.

About MSC Income Fund, Inc.

The MSC Income Fund is an investment firm committed to financing private companies primarily owned or targeted by private equity funds. The Fund’s investment strategy involves providing customized financial solutions, supporting leveraged buyouts, recapitalizations, and growth financing across various sectors.

The business model focuses on investing secured debts and includes a diversified portfolio of long-term debt and equity investments targeting lower middle-market companies. These companies often generate annual revenues ranging between $10 million and $500 million. Through its carefully structured strategies, MSC Income looks to partner with entrepreneurs and business management teams, ultimately contributing to the growth of these companies during their critical stages.

Conclusion

This anticipated leadership change signifies MSC Income Fund's commitment to adaptable growth and future-oriented strategies. As the Fund moves into this new chapter, the collaboration between Mr. Hyzak and Mr. Meserve is expected to drive continued success and investment returns in a dynamic economic environment.