Main Street Capital Investor Day Presentation Deck
Maintain complementary
benefits from Private Loan
5 Year Strategic Overview - Investment Activity & Portfolio Growth (cont'd)
investment portfolio as a
part of MAIN's growing
investment portfolio
Continued deemphasis of
Middle Market investment
portfolio
Main Street Capital Corporation
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Continue growth in Private Loan (PL) portfolio
Attractive due to significant involvement in /control over diligence,
structuring and legal documentation during underwriting process and in post-
investment activities; results in better net investment returns
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MAINST
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CAPITAL CORPORATION
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Continued expansion of PL investments led or co-led by MAIN; expected to
grow as a percentage of overall PL across MAIN platform (MAIN portfolio
and AMB clients)
Continue rotation away from Middle Market (MM) debt
investments to more attractive LMM and PL investment
strategies
PL investments targeted to constitute approximately 35% to 40% of MAIN's
total investment portfolio (approximately 36% at March 31, 2023 at fair
value)
Utilize Private Loan strategy and MAIN capabilities to grow AMB
Meaningful decrease in total dollar amount of MM investments, resulting in a
larger decline of the MM portfolio as a percentage of MAIN's total investment
portfolio as MAIN's overall investment portfolio continues to grow
NYSE: MAIN
MM investments targeted to constitute less than 5% of total investment
portfolio (approximately 7% at March 31, 2023 at fair value)
New investment activity on a very limited and opportunistic basis
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