Medley Management Inc. and Sierra Income Corporation ("Sierra") announced the promotion of Dean Crowe to Senior Managing Director of Medley LLC and Chief Operating Officer (COO) of Sierra. Mr. Crowe has been a Managing Director at Medley, as well as Senior Portfolio Manager for Sierra, since 2011. Prior to joining Medley, Mr. Crowe was a Portfolio Manager at UBS O'Connor, where he managed corporate credit investments and the O'Connor Credit Arbitrage Fund.