NGP Capital Resources Company announced that its stockholders have approved the appointment of Oak Hill Advisors, L.P. as the company's new investment advisor. In connection with the appointment, the company's name was changed to OHA Investment Corporation, effective immediately. The company announced the election of Stuart Oran, a Partner of Liberty Hall Capital; James Stern, Chairman of The Cypress Group; and Frank Tannura, former CEO of Packaging Dynamics Corporation as new Board of Directors.

The company also appointed Bob Long as President and CEO, effective immediately. Mr. Long is the former CEO of Conversus Asset Management, the investment manager of Conversus Capital. His experience includes roles at Bank of America as head of the Strategic Capital Group and co-head of the Real Estate Mezzanine Group.

The establishment of an Investment Committee comprised of Mr. August, Mr. Okun, Mr. Long, on an ex officio basis, and Steven Wayne, a Managing Director of OHA responsible for middle market and sponsor originated transactions.