other material
confidence medium
sentiment neutral
materiality 0.50
Great Elm Capital Corp. amends CLO JV agreement, admits Crown LB as 5% member
Great Elm Capital Corp.
- JV formed to invest in CLO entities and warehouse facilities; GECC owns 71.25%, Green 23.75%, Crown 5.0%.
- Second Amended and Restated LLC Agreement dated August 20, 2024, adds Crown LB as a member.
- Certain financial terms in the agreement are redacted as immaterial and confidential.
- No change in JV business purpose; existing members continue with adjusted ownership percentages.