The Board of Directors of Alcentra Capital Corporation declared a dividend of $0.18 per share for the second quarter of 2018, which is payable on July 5, 2018 to stockholders of record as of June 29, 2018.

On May 4, 2018, Paul Hatfield, the Co-Chief Investment Officer at the Adviser, resigned as the chairman and a member of the board of directors. The Company's Board of Directors appointed Vijay Rajguru, the Co-Chief Investment Officer at the Adviser, to the vacancy created by Mr. Hatfield's resignation and elected him as the chairman of the Board of Directors. Mr. Rajguru was recently appointed to head up the Adviser's US direct lending efforts and his transition onto the Company's Board of Directors is a direct outgrowth of this new appointment as well as the logistical and administrative benefits relating to board meetings and related duties given the significant amount of time that he spends in the US.