Sachem Capital Announced That It Has Acquired A 20% Membership Interest For $5M In Shem Creek Capital, LLC, The Third-party Management Company Of The Shem Creek Private Credit Funds
Portfolio Pulse from Benzinga Newsdesk
Sachem Capital has acquired a 20% membership interest in Shem Creek Capital, LLC for $5 million. Shem Creek Capital is the management company for Shem Creek Private Credit Funds.
September 11, 2024 | 11:01 am
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Sachem Capital has expanded its investment portfolio by acquiring a 20% stake in Shem Creek Capital, LLC for $5 million. This move could enhance Sachem's financial position and growth prospects.
The acquisition of a 20% stake in Shem Creek Capital could positively impact Sachem Capital's financial position by diversifying its investment portfolio and potentially increasing its revenue streams. This strategic move is likely to be viewed favorably by investors, leading to a positive short-term impact on SACH's stock price.
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