Reservoir Operations Lowers stake in OHA Investment Corp (OHAI)

OHA Investment Corp (OHAI) : Reservoir Operations reduced its stake in OHA Investment Corp by 56.54% during the most recent quarter end. The investment management company now holds a total of 301,840 shares of OHA Investment Corp which is valued at $718,379 after selling 392,627 shares in OHA Investment Corp , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.OHA Investment Corp makes up approximately 0.90% of Reservoir Operations’s portfolio.

Other Hedge Funds, Including , Raymond James Associates reduced its stake in OHAI by selling 12,900 shares or 8.82% in the most recent quarter. The Hedge Fund company now holds 133,431 shares of OHAI which is valued at $317,566. Advisors Asset Management sold out all of its stake in OHAI during the most recent quarter. The investment firm sold 109,922 shares of OHAI which is valued $259,416. Ipswich Investment Management sold out all of its stake in OHAI during the most recent quarter. The investment firm sold 600 shares of OHAI which is valued $1,380.

OHA Investment Corporation is a specialty finance company. The Company operates as a business development company. It focuses primarily on providing direct lending solutions to middle market private companies across industry sectors. Its investment objective is to generate both current income and capital appreciation primarily through debt investments some of which include equity components. Its investment activities are managed by Oak Hill Advisors L.P. The Company is an externally managed closed-end non-diversified management investment company. The majority of its investment portfolio comprises debt securities and other investments in upstream exploration and production companies engaged in the acquisition development and production of oil and natural gas properties in and along the Gulf Coast in the state and federal waters of the Gulf of Mexico and in the Permian Basin Mid-Continent and Rocky Mountain areas.

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