Paul, Weiss is advising Callodine Group on its acquisition of a majority stake in Corrum Capital Management LLC, a leading private credit platform with approximately $1.4 billion in assets under management across the sports, music and entertainment, and aviation industries. The strategic partnership will provide Corrum Capital with enhanced resources to further diversify its sources of capital and support its robust and growing core investment strategies. Following completion of the transaction, Corrum Capital’s management team, investment committee and investment process will all remain intact, with Callodine providing strategic guidance, and operational and capital resources.
The Paul, Weiss team is led by corporate partners David Hepp and Matthew Collin, and includes tax partner Lindsay Parks; and executive compensation partner Rebecca Coccaro.