other material
confidence high
sentiment neutral
materiality 0.15
Remora Capital amends Crescent Capital sub-advisory pact; fees and term unchanged
Remora Capital Corp
- Remora Capital Corporation signed an amended and restated investment sub-advisory agreement dated Oct 15, 2026 with Crescent Capital Group LP and Remora Capital Management, LLC.
- Changes: Crescent's advisory duties limited to 'Sub-Advised Assets' and it may not consult other sub-advisers, except Rule 12d3-1 matters, to satisfy Rule 17a-10 under the 1940 Act.
- Crescent's management fee is unchanged and the term still runs two years from Sept 5, 2025, then successive annual periods subject to annual 1940 Act approval.
- Board, including a majority of non-interested directors, approved the agreement; it terminates automatically on 'assignment' and either party may end it on 60 days' notice.
- Company lists no securities on any exchange (trading symbol 'None'); Daniel Mafrice is President and CEO of the Maryland BDC.