Stellus Capital Management to be acquired by P10, Inc., AUM $3.8 bln.

Stellus Capital Management, a direct lender with $3.8 billion in assets under management, has agreed to be acquired by P10, Inc., a leading private markets solutions provider. The transaction will provide Stellus with complementary resources, expertise, and relationships to enhance its existing platform. Stellus' investment processes, strategy, and operations will remain unchanged, and the company will continue to be managed by its current partners. The acquisition is expected to benefit both companies, with P10 gaining access to Stellus' expertise in the lower-middle market and Stellus gaining access to P10's resources and network.