Capitala Finance Corp. announced the formation of Capitala Senior Loan Fund II, LLC. CSLF II is a joint venture between Capitala Finance and Trinity Universal Insurance Company, a subsidiary of Kemper Corporation, and will invest in senior secured loans to lower middle market companies. The partnership is currently designed to grow to $150 million in size, with $50 million of junior capital and $100 million of senior secured leverage and is scalable beyond $150 million. CSLF II began investing during the fourth quarter of 2018 and will invest only in first out positions of senior secured loans, allowing Capitala Finance and certain other unaffiliated Capitala Group-managed accounts to invest in the same loans, at yields that satisfy those funds’ return profiles.