Silver Spike Capital, LLC is now
Chicago Atlantic BDC Advisers, LLC.
On October 1, Silver Spike Capital, LLC (“SSC”), the investment adviser of Silver Spike Investment Corp, announced that it entered into a definitive agreement with Chicago Atlantic BDC Holdings, LLC (together with its affiliates, “Chicago Atlantic”), pursuant to which a joint venture between Chicago Atlantic and SSC would be created to combine and jointly operate SSC’s, and a portion of Chicago Atlantic’s, investment management businesses, including Chicago Atlantic BDC Inc. (ticker: LIEN). The investment adviser Silver Spike Capital, LLC was subsequently renamed Chicago Atlantic BDC Advisers, LLC.
The joint venture combines two leading investment platforms in the cannabis industry.
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