Founded by James Morrow, Callodine Group is an asset management platform specializing in yield-oriented investment strategies.
Callodine Group targets attractively valued yield opportunities across the capital markets landscape through its asset management subsidiaries. The Callodine platform has the ability to invest across the capital structure and pursues income-oriented investments that provide high cash yields and the potential for equity-like upside. Callodine’s subsidiaries manage investment strategies within both public equities and private credit on behalf of its institutional investor clients.
Callodine Capital Management
Callodine Capital manages long/short and long-only investment strategies targeting the dividend paying equity universe. We invest in cash-generative companies across a diverse set of industries including specialty income niches like Business Development Companies (BDCs), Master Limited Partnerships (MLPs), Real Estate Investment Trust (REITs), and special situations like Mergers & Acquisitions (M&A), spin-offs, convertibles, preferreds, and high yield.
ASSET BASED LENDING
Callodine Commercial Finance
Callodine Commercial Finance is a provider of asset-based loans to middle market companies in the U.S. and Western Europe. We serve as a complementary financing source, filling a gap between where traditional capital providers are comfortable lending and the capital a company needs.
Mezzanine Debt and Structured Capital
Callodine Strategic Credit
Callodine Strategic Credit is a provider of mezzanine debt and structured capital solutions to lower middle market companies in the U.S. We are a strategic financing partner to borrowers and senior lenders, providing thoughtful capital solutions and incremental liquidity to our clients.
BDC INVESTMENT ADVISER
Rand Capital Management
Rand Capital Management is the external manager to Rand Capital Corporation, a publicly traded Business Development Company (BDC) that is listed on NASDAQ under the symbol “RAND”.