CNL’s Corporate Capital Trust Closes Offering to IBDs, Remains Open to RIAs
Corporate Capital Trust, a non-traded business development company sponsored and advised by CNL Financial Group and KKR, announced that as of Jan. 29, 2016, investment in the common stock of the company will be closing to investors who purchase shares through the independent broker-dealer channel.
The company also announced that the offering will remain open to investors who purchase through the registered investment advisor channel.
Corporate Capital Trust is a non-traded business development company that provides individuals an opportunity to invest in privately-owned American companies. The company is externally managed by CNL and KKR.
CNL Financial Group is a private investment management firm providing global real estate and alternative investments headquartered in Orlando, Florida. Since inception in 1973, CNL Financial Group and/or its affiliates have formed or acquired companies with more than $33 billion in assets.
KKR & Co. L.P. is a global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds.