MSC Income Fund, Inc.

MSC Income Fund, Inc. ("MSIF" or "MSC Income" or the "Fund") is a principal investment firm that primarily provides debt capital to private companies. These private companies are either owned by or are being acquired by a private equity fund, which is MSC Income's Private Loan investment strategy. The Fund's investments typically support leveraged buyouts, recapitalizations, growth financings, refinancings, and acquisitions across various industry sectors. MSC Income partners with private equity fund sponsors and primarily invests in secured debt of Private Loan companies, generally headquartered in the U.S. MSC Income also manages a portfolio of customized long-term debt and equity investments in lower middle market ("LMM") companies, referred to as its LMM investment portfolio. Through these investments, the Fund has partnered with entrepreneurs, business owners, and management teams in co-investments with Main Street Capital Corporation, a NYSE-listed business development company. This utilized Main Street's customized "one-stop" debt and equity financing solutions for LMM companies. In this LMM investment strategy, MSC Income primarily invested in secured debt, equity investments, warrants, and other securities of LMM companies typically based in the U.S. Effective January 29, 2025, upon the MSC Income Listing, MSC Income shifted its investment strategy for new portfolio companies to focus solely on its Private Loan investment strategy. This replaced its previous primary focus on the Private Loan strategy and secondary focus on the LMM strategy. MSC Income also holds a legacy portfolio of investments in larger middle market ("Middle Market") companies, its Middle Market investment portfolio, and a limited portfolio of other investments. Middle Market investments are generally debt investments in private equity-owned companies, originally issued through a syndication financing process.