Chicago Atlantic and Silver Spike Close Loan Portfolio Acquisition and Joint Venture Transactions
CHICAGO, October 01, 2024--Chicago Atlantic and Silver Spike have closed loan portfolio acquisition and joint venture transactions. Separately, Chicago Atlantic today announced that the investment adviser of CALP closed a transaction with Silver Spike Capital, LLC ("SSC" or the "Adviser"), the investment adviser of the Company, pursuant to which a joint venture between Chicago Atlantic and SSC has been created to combine and jointly operate SSC’s, and a portion of Chicago Atlantic’s, investment management businesses (the "Joint Venture").CHICAGO, October 01, 2024--(BUSINESS WIRE)--Chicago Atlantic today announced that Silver Spike Investment Corp."This is an accretive opportunity from which all shareholders and team members can benefit," added John Mazarakis, Partner at Chicago Atlantic, "Silver Spike and Chicago Atlantic share synergistic goals, and we are excited to collaborate, innovate, and drive collective results for the benefit of our shareholders."