Callodine Group to acquire Thorofare Capital.

Callodine Group, an asset management firm focused on yield-oriented investment strategies, agreed to acquire Thorofare Capital, a real estate investment firm, managing over $1bn in assets under management. Financial terms were not disclosed. "When choosing a strategic partner, our focus was to identify a company that possesses a strong corporate culture, credit discipline, and an investor-centric approach to position Thorofare for accelerated, long-term growth as we enter the next chapter of our business. We found all of those attributes and more in the Callodine team. The opportunity set we see before us at Thorofare is significant, and we are excited to enter the next phase of our firm’s growth with a partner like Callodine that will work alongside us to achieve our shared goals for the future," Kevin Miller, Thorofare Capital Founder and CEO.