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Version Investment Advisory Agreement • May 5th, 2020 • New York

Exhibit 10.1 Execution Version INVESTMENT ADVISORY AGREEMENT BETWEEN TRIANGLE CAPITAL CORPORATION AND BARINGS LLC AGREEMENT, dated as of August 2, 2018, between Triangle Capital Corporation, a Maryland corporation (the “Company”), and Barings LLC, a Delaware limited liability company (the “Adviser”). WHEREAS, the Company is a non-diversified, closed-end investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (together with the rules promulgated thereunder, the “1940 Act”); WHEREAS, the Adviser is registered as an investment adviser under the Investment Advisers Act of 1940, as amended (together with the rules promulgated thereunder, the “Advisers Act”); WHEREAS, the Company desires to retain the Adviser to provide investment advisory services to the Company in the manner and on the terms and conditions hereinafter set forth; and WHEREAS, the Adviser is willing to provide investment advisory servi

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