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KCAP Financial completes sale of units to LibreMax

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KCAP Financial completes sale of units to LibreMax

KCAP Financial Inc. on Dec. 31, 2018, completed its sale of Katonah Debt Advisors LLC, Trimaran Advisors LLC and Trimaran Advisors Management LLC to LibreMax Intermediate Holdings LP.

LibreMax Intermediate Holdings paid about $37.9 million to acquire these KCAP Financial units.