Capitala Finance Corp. (Nasdaq: CPTA) is forming a joint venture with Cion/Investment Corp. that will invest in middle-market loans.  

The JV, a senior loan fund called Cion/Capitala Senior Loan Fund I LLC, will invest in senior secured loans to broadly syndicated and large middle-market companies. Capitala is contributing up to $10 million to the new fund, and Cion is providing up to $40 million.

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