Callodine Group to acquire a majority stake in Corrum Capital Management.

Callodine Group, a Boston-based asset management platform, agreed to acquire a majority stake in Corrum Capital Management, a private investment firm. Financial terms were not disclosed. “We are incredibly excited to have the Corrum Capital team join the Callodine platform. Corrum’s expertise in the sports, music & entertainment sectors is highly synergistic with Callodine’s strategic capital partner, East Asset Management. Their team’s capabilities within the aviation finance market are also complementary to our asset-based credit platform and provide yet another attractive strategy and collateral type to offer our institutional and individual investors,” James Morrow, Callodine founder and CEO.