The Fort Worth-based private credit firm prices new units at $19.62 each, matching its latest net asset value determination.

April 30, 2026

Crestline Lending Solutions, LLC, a Fort Worth, Texas-based private credit vehicle, has completed a capital call that raised approximately $18.1 million through the sale of new equity interests to its existing investor base, according to a recent disclosure submitted to the Securities and Exchange Commission.

The transaction, which closed on April 24, 2026, involved the issuance of roughly 923,703 units of the Company’s limited liability company interests at a price of $19.62 per unit. The sale was executed pursuant to a drawdown notice delivered to investors in advance, in line with subscription agreements previously signed by participants in the offering.

Drawdown Mechanics

Under the terms of those subscription agreements, each investor is contractually obligated to fund drawdowns up to the amount of their respective capital commitments whenever the Company issues a drawdown notice. Key procedural points include:

• Advance notice: Drawdown notices must be delivered at least 10 days before any subsequent funding date.
• Commitment cap: Each investor’s funding obligation is limited to the size of their original capital commitment.
• Investor eligibility: Participation depends on representations of accredited investor status under Rule 501(a) of Regulation D.

Exemptions From Registration

The issuance was conducted as a private placement and was not registered under the Securities Act of 1933. Crestline relied on the exemptions provided by Section 4(a)(2) of the Securities Act, along with Regulation D and Regulation S, where applicable.

Valuation Designation

In a separate disclosure, the Company addressed valuation matters under the Investment Company Act of 1940. The Board of Directors has designated Crestline Management, L.P., the Company’s investment adviser, as its valuation designee in accordance with Rule 2a-5 of the 1940 Act. This designation places responsibility for fair value determinations with the adviser, subject to Board oversight.

In connection with the recent capital call, the valuation designee determined the Company’s net asset value as of April 22, 2026, in compliance with Section 23 of the 1940 Act. That process produced a net asset value per share of $19.62, which corresponds directly to the per-unit price applied to the new issuance two days later.