Two Harbors Reports Q3 Loss
Despite a headline loss, core business performance remained strong, supported by MSR expansion and stable RMBS returns.
Featured Articles
LODAS Markets Raises $3 Million in Private Securities Offering
October 28, 2025
The Kansas-based trading platform aims to raise a total of $8 million through exempt securities under Rule 506(b).
Templeton Global Fund Posts Strong Returns
October 28, 2025
The fund showed robust performance in August, supported by global equity holdings across emerging markets.
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Satori-Capital
Satori Capital is a Dallas-based investment firm specializing in sustainable and responsible private equity and alternative investments.
FS Bancorp Expands Share Repurchase Program
October 28, 2025
The authorization allows for the repurchase of up to $5.0 million in additional common stock over the next year.
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CNL Strategic Capital Appoints Andrew Schwartz as New Director
October 27, 2025
Leadership Change on the Board
On October 23, CNL Strategic Capital made two important updates. First, the board accepted the resignation of Arthur Levine, who’s stepping away from board service effective October 31 as part of succession planning at Levine Leichtman Capital Partners (LLCP).
Second, they named Andrew M. Schwartz—also from LLCP—as his replacement. Schwartz brings a strong background in private equity and investment oversight, and will serve as a Class III director through the 2027 shareholder meeting.
Net Asset Value and Portfolio Performance
CNL also released its latest performance data, giving investors a full view of how the portfolio is tracking. As of September 30, total assets stood at approximately $1.43 billion, with an aggregate net asset value (NAV) of $1.37 billion.
Most share classes saw small month-over-month increases in NAV per share. These movements were tied to changes in the fair value of underlying portfolio companies:
- 10 portfolio companies increased in value
- 5 saw declines
- 2 remained unchanged
New Offering Prices
The firm also adjusted its public offering prices across share classes. These new prices, effective October 30, incorporate the latest NAVs and reflect updated selling commissions and dealer manager fees. They’ll apply to the October 31 subscription closing, as well as purchases made through the distribution reinvestment plan.
