Ghost Tree is a California-based private credit investment firm providing senior secured, collateral-focused financing for lower middle-market companies.
The New York-based asset manager entered private credit in 2024 by acquiring Avenue Capital's team and five funds with approximately $500 million in commitments.
The investment in the Brazilian alternative asset manager will be made through a primary capital injection, with no existing partners selling their holdings.
Founded in 2002, CRC is aprivate credit managerthatinvests in bank capital strategies,mainly SRTtransactions, that deliver non-dilutive capital solutions to European banks.