Samuel Allan Flax

Samuel A. Flax joined American Capital in January, 2005, as its Executive Vice President and General Counsel. He also serves as the company's corporate Secretary and Chief Compliance Officer. Mr. Flax is the Executive Vice President and Secretary and a member of the Board of Directors of American Capital Agency Corp. (Nasdaq: AGNC), a real estate investment trust (“REIT”) formed in 2008. American Capital Agency Corp. invests in agency securities for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity. Mr. Flax is the Executive Vice President and Secretary and a member of the Board of Directors of American Capital Mortgage Investment Corp. (Nasdaq: MTGE), a REIT formed in 2011 that invests in and manages a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other mortgage-related investments. Mr. Flax is the Executive Vice President, Chief Compliance Officer and Secretary of American Capital Senior Floating, Ltd. (Nasdaq: ACSF) ("ACSF"). Formed in 2013, ACSF is an externally managed, non-diversified closed-end investment management company that invests primarily in first lien and second lien floating rate loans to large market, U.S. based companies (“Leveraged Loans”) and invests opportunistically in equity tranches of collateralized loan obligations collateralized primarily by Leveraged Loans. Mr. Flax is also the Executive Vice President, Chief Compliance Officer and Secretary of American Capital Asset Management, LLC (f/k/a American Capital, LLC), the asset fund management portfolio company of American Capital, Ltd. Prior to joining American Capital, Mr. Flax was a senior partner in the corporate and securities practice group of the Washington, D.C. law firm of Arnold & Porter LLP. At Arnold & Porter, Mr. Flax was American Capital's principal external counsel since before the company's 1997 initial public offering. As outside counsel, Mr. Flax represented American Capital in raising more than $4.5 billion in debt and equity capital, advised the company on corporate, securities and other legal matters and represented the company in many of its investment transactions. At Arnold & Porter, Mr. Flax also represented a variety of other clients in a broad range of corporate and transactional matters including mergers and acquisitions, restructurings of sovereign and other debt, real estate investments and bankruptcy matters. Mr. Flax joined Arnold & Porter in 1985 and became a partner in 1990. He is a graduate of the Washington & Lee University School of Law, where he was an editor of the Law Review, and received his undergraduate degree in industrial engineering from Georgia Tech. Following graduation from law school, he was a law clerk for the Hon. H. Emory Widener, Jr., of the United States Court of Appeals for the Fourth Circuit.