13D Filing: Etude Capital, LLC and OHA Investment Corp (OHAI)

The following constitutes
the Schedule 13D filed by the undersigned (the “Schedule 13D”).

Item 1.

Security and Issuer.

This statement relates
to the Common Stock, $.001 par value per share (the “Shares”), of OHA Investment Corporation, a Maryland corporation
(the “Issuer”). The address of the principal executive offices of the Issuer is 1114 Avenue of the Americas, 27th Floor,
New York, New York 10036.

Item 2.

Identity and Background.

(a)       This
statement is filed by:

(i)

Etude Capital LLC, a Texas limited liability company (“Etude”);

(ii)

CapLab Partners LP, a Texas limited partnership (“CapLab”);

(iii)

Capital Laboratories Inc., a Texas corporation (“CapGP”), which serves as the general partner of CapLab;

(iv)

Steven I. Stein, who serves as the President of Etude and the President and sole director of CapGP;

(v)

BLR Partners LP, a Texas limited partnership (“BLR Partners”);

(vi)

BLRPart, LP, a Texas limited partnership (“BLRPart GP”), which serves as the general partner of BLR Partners;

(vii)

BLRGP Inc., a Texas S corporation (“BLRGP”), which serves as the general partner of BLRPart GP;

(viii)

Fondren Management, LP, a Texas limited partnership (“Fondren Management”), which serves as the investment manager of BLR Partners;

(ix)

FMLP Inc., a Texas S corporation (“FMLP”), which serves as the general partner of Fondren Management;

(x)

The Radoff Family Foundation, a Texas non-profit corporation (“Radoff Foundation”); and

(xi)

Bradley L. Radoff, who serves as the sole shareholder and sole director of each of BLRGP and FMLP and a director of Radoff Foundation.

Each of the
foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.” BLR
Partners, BLRPart GP, BLRGP, Fondren, FMLP, Radoff Foundation and Mr. Radoff are referred to as the “BLR Parties”
and Etude, CapLab, CapGP and Mr. Stein are referred to as the “Etude Parties.” Each of the Reporting Persons is
party to that certain Group Agreement, as further described in Item 6. Accordingly, the Reporting Persons are hereby filing a
joint Schedule 13D.

(b)       The
address of the principal office of each of BLR Partners, BLRPart GP, BLRGP, Fondren Management, FMLP, Radoff Foundation and Mr.
Radoff is 1177 West Loop South, Suite 1625, Houston, TX 77027. The address of the principal office of each of Etude, CapLab, CapGP
and Mr. Stein is 110 San Antonio ST. STE 1213 Austin, TX 78701. The officers and directors of Radoff Foundation and their
principal occupations and business addresses are set forth on Schedule A and are incorporated by reference in this Item 2.