Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Kehler Dean C
2. Date of Event Requiring Statement (Month/Day/Year)
02/29/2012
3. Issuer Name and Ticker or Trading Symbol
Kohlberg Capital CORP [KCAP]
(Last)
(First)
(Middle)
C/O TRIMARAN CAPITAL PARTNERS, 1325 AVENUE OF THE AMERICAS, 34TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10019
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, par value $0.01 per share 725,000
D
 
Common Stock, par value $0.01 per share 2,150,000
I
See Footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kehler Dean C
C/O TRIMARAN CAPITAL PARTNERS
1325 AVENUE OF THE AMERICAS, 34TH FLOOR
NEW YORK, NY 10019
  X   X    

Signatures

/s/ Dean C. Kehler 03/07/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 2,150,000 shares of Common Stock are registered in the name of an escrow agent pursuant to an escrow agreement to which TFM is a party. Pursuant to an agreement with TFM, the Reporting Person has the right to direct the voting of 50% of such shares and, in accordance with the terms and conditions of the escrow agreement, is entitled to receive half of the shares released from escrow from time to time. The Reporting Person disclaims his beneficial ownership of any indirectly held Common Stock except to the extent of his pecuniary interest therein.
 
Remarks:
Dean C. Kehler (the "Reporting Person") may be considered a 10% owner by virtue of the fact that, in addition to his direct ownership of Common Stock as reported herein, (i) he has the right, pursuant to an agreement with Trimaran Fund Management, L.L.C. ("TFM"), to direct the voting of 1,075,000 shares of Common Stock registered in the name of an escrow agent and is entitled to receive half of the shares released from escrow from time to time and (ii) he owns 50% of the equity of TFM.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.