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Corporate Capital Trust II First Non-Traded BDC to Disclose Monthly NAV

Corporate Capital Trust II, a new non-traded business development company sponsored and advised by CNL Financial Group and KKR, will publish its net asset value on a monthly basis beginning this month.

This data point is generally provided on a quarterly basis among those in the industry, making Corporate Capital Trust II the first non-traded BDC to provide such details to its shareholders.

“We believe that net asset value provides the most transparent metric for valuation to our shareholders, and is an excellent tool for fiduciaries to be able to provide the best advice to their clients,” said Steve Shackelford, president of Corporate Capital Trust II. “As a company, we are continually seeking to improve clarity and understanding in our disclosures, and this is something we are very excited about.”

Corporate Capital Trust II invests in the debt of privately owned U.S. companies.

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.

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