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Sachem Capital Acquires 20% Membership Interest in Shem Creek Capital for $5 Million
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Sachem Capital Acquires 20% Membership Interest in Shem Creek Capital for $5 Million
Sep 11, 2024 5:42 AM

08:00 AM EDT, 09/11/2024 (MT Newswires) -- Sachem Capital ( SACH ) said Wednesday it has completed the acquisition of a 20% membership interest in Shem Creek Capital for $5 million.

Sachem Capital ( SACH ) has the option to buy up to an additional 10% membership interest in Shem Creek by early 2027 at a set valuation, the company said.

Shem Creek Capital is the third-party management firm of the Shem Creek private credit funds.

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