Investments: Current Investments: GM Design Group, LTD
February 4, 2010 BOSTON, MA – Falcon Investment Advisors LLC ("Falcon") announced an investment in Allion Healthcare, Inc. ("Allion" or "Company"), in support of HIG's take-private transaction of the Company.

January 21, 2010 BOSTON, MA – Falcon Investment Advisors LLC ("Falcon") announced an investment in Protect America, Inc. ("Protect America" or "the Company"), in support of Rockbridge Growth Equity's ("Rockbridge") acquisition of the Company.

December 21, 2009

BOSTON MA - Falcon Investment Advisors LLC ("Falcon") announced an investment in The Princeton Review (Nasdaq: REVU, “REVU”), a leading provider of test preparation and educational support services. The financing was provided in support of REVU’s acquisition of Penn Foster Education Group, Inc. (“Penn Foster”), one of the oldest and largest online career education companies in the U.S.

June 30, 2009 BOSTON, MA – Falcon Investment Advisors, LLC is pleased to announce the final closing of its third mezzanine fund, Falcon Strategic Partners III, LP at $729 million of committed capital. With offices in Boston, New York, and Dallas, Falcon is actively seeking opportunities to invest $10 million to $75 million of subordinated debt and equity to leading middle market companies.

January 30, 2009 BOSTON, MA – Falcon Investment Advisors, LLC announced an investment in Northcentral University in support of Rockbridge Growth Equity’s recapitalization of Northcentral University.

December 18, 2008 BOSTON, MA – Falcon Investment Advisors, LLC announced a structured preferred and common equity investment in support of Centre Partners’ acquisition of Connors Bros. Income Fund through a take-private transaction.

November 20, 2008 BOSTON, MA – Falcon Investment Advisors, LLC continues to seek middle market investment opportunities during these challenging times of scarce liquidity. Falcon’s strategy is supported by our long-term committed institutional capital. As in the past, Falcon creates flexible solutions, investing in a variety of structures, including junior debt, preferred stock and common equity across a variety of industries.

October 20, 2008 BOSTON, MA – Falcon Investment Advisors, LLC announced the recapitalization of Accurate Metal Fabricators, Inc., a full-service manufacturer of highly-engineered precision metal fabrication solutions. Falcon partnered with President John Kruger, management, and several institutional co-investors.