Capitala Forms JV to Invest in Loans to Middle-market Cos.
March 26, 2015
Capitala Finance Corp. has formed a new joint venture with Trinity Universal Insurance Company, a subsidiary of Kemper (NYSE: KMPR), with a combined $25 million in equity. The venture is expected to invest primarily in senior secured loans to middle-market companies. Capitala and Trinity plan to begin funding the portfolio with new investments in 2Q.