Exhibit 21.1

LIST OF SUBSIDIARIES

Triangle Mezzanine Fund LLLP, a North Carolina limited liability limited partnership

Triangle Mezzanine Fund II LP, a Delaware limited partnership

Triangle Mezzanine Fund III LP, a Delaware limited partnership

New Triangle GP, LLC, a Delaware limited liability company

New Triangle GP, LLC, a North Carolina limited liability company

ARC Industries Holdings, Inc., a Delaware corporation

Brantley Holdings, Inc., a Delaware corporation

Emerald Waste Holdings, Inc., a Delaware corporation

Energy Hardware Holdings, Inc., a Delaware corporation

Minco Holdings, Inc., a Delaware corporation

Peaden Holdings, Inc., a Delaware corporation

Technology Crops Holdings, Inc., a Delaware corporation