Fifth Street Senior Floating Rate Corp. announced that its Board of Directors promoted several members of FSFR's management team. Ivelin M. Dimitrov has been promoted to President of FSFR, in addition to his current responsibilities as Chief Investment Officer.

Mr. Dimitrov remains in his current roles at FSC as Chief Investment Officer and a member of its Board of Directors. Mr. Dimitrov has been affiliated with the investment adviser of FSFR since 2005. Bernard D. Berman has been promoted to Chairman of the Board of Directors, and has stepped down as President of FSFR.

Mr. Berman remains in his current roles at Fifth Street Finance Corp. as President and Secretary, and a member of its Board of Directors. Mr. Berman has been affiliated with the investment adviser of FSFR since 2004.

Alexander C. Frank was promoted to the position of FSFR's Chief Operating Officer and Steven M. Noreika was promoted to the position of FSFR's Chief Financial Officer. Both Mr. Frank and Mr. Noreika remain in their current roles at FSC. Leonard M. Tannenbaum remains Chief Executive Officer of FSFR and has transitioned from Chairman to Vice Chairman of the Board of Directors.

Mr. Tannenbaum remains in his current roles at FSC as Chairman of the Board of Directors and Chief Executive Officer.