The departure is the second officer exit at the $590.5 million nontraded BDC since August, according to a filing.
Crescent Private Credit Income's CFO resigned on Oct. 14, the second officer exit at the $590.5 million nontraded BDC since August, according to a filing.
Gerhard Lombard, CFO of Crescent Capital Group, was named interim CFO, according to the filing.
Reported by The Wrap desk from Fitch Ratings and Filing described in our coverage of Crescent Private Credit Income. Published . Corrections
Gerhard Lombard, CFO of Crescent Capital Group, is named interim CFO at the $590.5 million nontraded BDC.
The nontraded BDC consolidates leadership in Eric Hall as its net assets approach $549 million and a fresh $3 billion offering runs.
The NYSE-listed former interval fund may repurchase shares below net asset value, using Clear Street as executing broker after a 30-day cooling-off period.
The private REIT paid $22.75 a share with no overflow used, while Ares Strategic Income Fund filled 38.2% of third-quarter requests.
Repurchase requests equaled 10% of NAV against a 5% quarterly cap; the fund filled roughly half.
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