Orlando, Fla., March 07, 2018 (GLOBE NEWSWIRE) -- CNL Financial Group (CNL) has launched CNL Strategic Capital, LLC (CNL Strategic Capital), a limited liability company that seeks to provide long-term growth and current income to its investors by acquiring controlling equity stakes in combination with loan positions in durable and growing, middle-market businesses.
The registration statement pertaining to the initial public offering of CNL Strategic Capital was declared effective by the U.S. Securities and Exchange Commission (SEC) on March 7, 2018. CNL Strategic Capital will seek to raise up to $1.1 billion in capital over two years, selling four classes of shares in a publicly registered, non-traded offering.
CNL Strategic Capital is managed by an affiliate of CNL and sub-managed by an affiliate of Levine Leichtman Capital Partners, an investment management firm.
About CNL Strategic Capital
CNL Strategic Capital is a limited liability company that seeks to provide long-term growth and current income to individuals by acquiring controlling equity stakes in combination with loan positions in durable and growing, middle-market businesses. The company is externally managed by CNL Strategic Capital Management, LLC and Levine Leichtman Strategic Capital, LLC. For additional information, please visit cnlstrategiccapital.com.
About CNL Financial Group
CNL Financial Group (CNL) is a private investment management firm providing real estate and alternative investments. Since inception in 1973, CNL and/or its affiliates have formed or acquired companies with more than $34 billion in assets. CNL is headquartered in Orlando, Florida. For more information, visit cnl.com.
About Levine Leichtman Capital Partners
Levine Leichtman Capital Partners (LLCP) is a Los Angeles, California-based investment management firm that has managed approximately $9 billion of institutional capital since its inception. LLCP invests in middle market companies located in the United States and Europe. LLCP has offices in Los Angeles, New York, Dallas, Chicago, London and The Hague. For additional information, please visit llcp.com.
