Private company

Crestline Lending Solutions, LLC

Investment fund that raised $18.1 million in 2026 (SEC Form D)2

In its 2026 annual report the company says: “Crestline Lending Solutions, LLC is a Delaware limited liability company initially formed as Crestline Lending Solutions Ramp, LLC On September 2, 2025, we elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.”4 It is headquartered in Fort Worth, United States.2

Last updated Oct 20, 2026.

Overview

  • HeadquartersFort Worth, United States2
  • Incorporated inDE3
  • Business address201 Main Street, Suite 2100, Fort Worth, Tx 761023
  • Filer category, Emerging growth company3
  • Legal formLimited Liability Company2
  • Kind of organizationInvestment fund2
  • LEI254900SD075I0T34RH792
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O Cogency Global Inc., 19904 Dover, United States2
  • Registered withSecurities and Exchange Commission, 00020357132

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Crestline Lending Solutions, LLC (the “Company”) is a Delaware limited liability company initially formed as Crestline Lending Solutions Ramp, LLC (the "Ramp Vehicle") On September 2, 2025, we elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”) (the “BDC Election Date”). The initial shareholders of the Ramp Vehicle approved, among other things, the Company’s election to be regulated as a BDC under the 1940 Act, the investment advisory agreement between the Company and the Adviser, the persons elected to the Board of Directors of the Company (the “Board”) and an asset coverage ratio of 150%. In addition, we intend to elect to be treated as a registered investment company (“RIC”) under subchapter M of the Code. Until our election to be treated as a RIC, the Ramp Vehicle was classified as a partnership for U…4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Fiscal year202420252026
Interest$1.1M5
Net income$21.4M5

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Corporate structure

Crestline Lending Solutions, LLC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Crestline Lending Solutions, LLC

  • Partners Capital Holdings, LLP Filed SCHEDULE 13G on Crestline Lending Solutions, LLC, latest Feb 17, 2026
  • Crestline Lending Solutions, LLC Fort Worth, Texas, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Crestline Lending Solutions, LLC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$25.9M5 Dec 31, 2025$49.1M5 Dec 31, 2024−47.3%

Properties, in its own words

We maintain our principal executive office at 201 Main Street, Suite 2100, Fort Worth, Texas 76102. We do not own any real estate. We believe that our present facilities are adequate to meet our current needs. If new or additional space is required, we believe that adequate facilities are available at competitive prices in the same area.

Item 2 of the 10-K filed Mar 17, 2026.4

Leadership

Who has led Crestline Lending Solutions, LLC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Christopher James Semple2025–now

Chief financial officer

  1. Camille Sassman2025–now
Board members and other officers (8)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerJohn Cochran named May 7, 202617
  • DirectorEric Smith named May 7, 202617

Timeline

  1. Oct 8, 20268-K Regulation FD disclosure18
  2. Sep 28, 20268-K Regulation FD disclosure19
  3. Sep 23, 20268-K Entered a material agreement20
  4. Jul 30, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares21
  5. Jun 30, 20268-K Regulation FD disclosure22
  6. Apr 29, 20268-K Unregistered sale of shares; Other events23
  7. Apr 1, 20268-K Regulation FD disclosure24
  8. Jan 5, 20268-K Regulation FD disclosure25
  9. Dec 2, 20258-K Entered a material agreement26
  10. Nov 21, 20258-K Shareholder vote27
  11. Oct 29, 2025New chief executive Christopher James Semple becomes CEO8
  12. Oct 29, 20258-K Other events28
  13. Jun 18, 2024Founded Crestline Lending Solutions, LLC is founded2

Filings

47 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 11 major events, 15 insider forms, 1 large holders, 1 private raises, 15 other. The latest 20:

  1. Oct 8, 20268-K EDGAR
  2. Sep 28, 20268-K EDGAR
  3. Sep 23, 20268-K EDGAR
  4. Sep 18, 2026SC TO-I EDGAR
  5. Sep 9, 202640-17G EDGAR
  6. Aug 13, 20264 EDGAR
  7. Aug 12, 202610-Q EDGAR
  8. Jul 30, 20268-K EDGAR
  9. Jul 28, 20264 EDGAR
  10. Jul 28, 20264 EDGAR
  11. Jul 28, 20264 EDGAR
  12. Jul 28, 20264 EDGAR
  13. Jul 23, 2026SC TO-I/A EDGAR
  14. Jun 30, 20268-K EDGAR
  15. Jun 22, 2026SC TO-I EDGAR
  16. May 13, 202610-Q EDGAR
  17. May 7, 2026D EDGAR
  18. Apr 29, 20268-K EDGAR
  19. Apr 24, 2026SC TO-I/A EDGAR
  20. Apr 1, 20268-K EDGAR

The 47 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

5 open-market trades by officers, directors and large owners since October 2021: 5 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 24, 2026DIEHL BOWEN SDirectorBuy25,477$19.63$500.1KForm 4
Jul 24, 2026Bavin TomChief Development OfficerBuy10,191$19.63$200.0KForm 4
Jul 24, 2026Cochran JohnChief Operating OfficerBuy7,643$19.63$150.0KForm 4
Jul 24, 2026Semple Christopher JamesChief Executive OfficerBuy25,477$19.63$500.1KForm 4
Jul 24, 2026Smith Matthew EricDirectorBuy12,739$19.63$250.1KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Apr 24, 2026Raised $18.1 million in a private offering of equity Form D: 45 investors so far Form D

SEC filer profile

How Crestline Lending Solutions, LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCrestline Lending Solutions, LLC1
  • CIK0002035713
  • Employer ID (EIN)99-36405804
  • Filer statusNon-accelerated filer an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Business address201 Main Street, Suite 2100, Fort Worth, TX 761021
  • Phone817.339.76001
  • Shares outstanding20,231,124 as of Aug 12, 20267
  • Public float$0 as of Jun 30, 20255
  • AuditorKPMG LLP, Fort Worth, TexasMarch 17, 2026 PCAOB ID 185; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceSep 13, 20241
  • Filings51 in all: 8-K (11), 3 (10), 4 (5), SC TO-I (4), 10-Q (3), 40-APP/A (3), SC TO-I/A (3), 40-17G (2)1
    All 18 form types

    10-12G (1), 10-12G/A (1), 10-K (1), 40-APP (1), D (1), DEF 14A (1), N-54A (1), PRE 14A (1), SCHEDULE 13G (1), UPLOAD (1)

  • Latest filingsAnnual report (10-K) Mar 17, 2026
    Quarterly report (10-Q) Aug 12, 2026
    Proxy statement (DEF 14A) Nov 7, 2025
    Latest 8-K (8-K) Oct 8, 2026

Risk factors and legal proceedings

The risks Crestline Lending Solutions, LLC names in Item 1A of its 10-K filed Mar 17, 2026: 70 risks under these headings, as written.4

  • Risks Related to our Business and Structure
  • Risks Related to Business Development Companies and Regulatory Considerations
  • Risks Related to our Operations
  • Risks Related to Economic and Other Market Conditions
  • Risks Related to our Investments
  • Risks Related to Debt Financing
  • Risks Related to our Shares
  • Risks Relating to our Business and Structure
  • We have a limited operating history.
  • We are dependent upon key personnel of the Adviser for our future success. If the Adviser were to lose any of its key personnel, including any of the members of the Investment Committee, our ability to achieve our investment objective could be significantly harmed.
  • Our business model depends to a significant extent upon strong referral relationships. Any inability of the Adviser to maintain or develop these relationships, or the failure of these relationships to generate investment opportunities, could adversely affect our business.
  • Most of our portfolio investments are recorded at fair value as determined in good faith by the Adviser, as our Valuation Designee, subject to the oversight of the Board, and, as a result, there may be uncertainty as to the value of our portfolio investments.
The other 66 risks
  • Our financial condition, results of operations, and cash flows depend on our ability to manage our business effectively.
  • There are significant potential conflicts of interest that could negatively affect our investment returns.
  • The Adviser's investment professionals and other employees of the Adviser may, from time to time, possess material non-public information, limiting our investment discretion.
  • Our management and incentive fees may induce the Adviser to incur additional leverage.
  • Our incentive fee may induce the Adviser to make speculative investments.
  • We operate in a highly competitive market for investment opportunities, which could reduce returns and result in losses.
  • There can be no assurance that we will be able to obtain or maintain the various licenses required in U.S. states or other jurisdictions where such licenses may be required.
  • Corporate social responsibility and ESG considerations, as well as anti-ESG sentiment, may impose additional costs and expose us to new risks.
  • Regulations governing our operation as a BDC may affect our ability to, and the way in which we, raise additional capital. As a BDC, the necessity of raising additional capital may expose us to risks, including the typical risks associated with leverage.
  • Our ability to enter into transactions with our affiliates is restricted.
  • If we do not invest a sufficient portion of our assets in qualifying assets, we could fail to qualify as a BDC, which would have a material adverse effect on our business, financial condition and results of operations.
  • Failure to maintain our status as a BDC would reduce our operating flexibility.
  • We and our portfolio companies may be subject to potential adverse effects of new or modified laws or regulations.
  • We are an “emerging growth company” under the JOBS Act, and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies will make our shares less attractive to investors.
  • Efforts to comply with Section 404 of the Sarbanes-Oxley Act involve significant expenditures, and non-compliance with Section 404 of the Sarbanes-Oxley Act may adversely affect us.
  • Because we intend to distribute substantially all of our income to shareholders to obtain and maintain our status as a RIC, we will continue to need additional capital to finance our growth. If additional funds are unavailable or not available on favorable terms, our ability to grow may be impaired.
  • The time and resources that the personnel of the Adviser devote to us may be diverted, and we may face additional competition due to the fact that the Adviser is not prohibited from raising money for, or managing, other entities that make the same types of investments that we target.
  • The Adviser’s liability is limited under the Investment Advisory Agreement, and we have agreed to indemnify the Adviser against certain liabilities, which may lead the Adviser to act in a riskier manner on our behalf than it would when acting for its own account.
  • The Adviser and the Administrator can resign as our investment adviser or administrator, respectively, upon 60 days’ written notice, and we may not be able to find a suitable replacement within that time, or at all, resulting in a disruption to our operations that could adversely affect our financial condition, business, and results of operations.
  • We may experience fluctuations in our quarterly and annual results of operations.
  • The Board may change our investment objective, operating policies, and strategies without prior notice or approval from our shareholders.
  • We are highly dependent on information systems, and systems failures could significantly disrupt our business, which may, in turn, negatively affect our results of operations.
  • The failure of our cybersecurity systems, as well as the occurrence of events unanticipated in our disaster recovery systems and management continuity planning, could impair our ability to conduct business effectively.
  • Our Adviser and our portfolio companies may be subject to risks associated with “phishing” and other cyberattacks.
  • Technological innovations and industry disruptions, including those related to artificial intelligence and machine learning, may negatively impact us.
  • We are currently operating in a period of significant market disruption and economic uncertainty, which may have a negative impact on our business, financial condition and operations. An extended disruption in the capital markets and the credit markets could negatively affect our business.
  • We are subject to risks associated with changes in interest rates.
  • Changes to U.S. tariff and import/export regulations may have a negative effect on the operations of our portfolio companies and, in turn, negatively impact us.
  • Potential downgrades of the U.S. credit rating, fiscal policy uncertainty, government shutdowns, or a failure to raise the statutory debt limit of the United States could negatively impact our liquidity, financial condition, and earnings.
  • Increased geopolitical unrest, terrorist attacks, global health emergencies, natural disasters or acts of war may impact the businesses in which we invest and harm our business, operating results, and financial conditions.
  • Our business is dependent on bank relationships and any strain on the banking system may adversely impact us.
  • Our investments are very risky and highly speculative.
  • Investing in middle market companies involves a number of significant risks, any one of which could have a material adverse effect on our business, financial condition, and results of operations.
  • An investment strategy focused primarily on privately held companies presents certain challenges, including, but not limited to, the lack of available information about these companies.
  • The value of most of our portfolio securities will not have a readily available market price, and we value these securities at fair value as determined in good faith by the Valuation Designee, subject to the oversight of the Board, which valuation are inherently subjective, may not reflect the amounts we may actually realize upon the sale of such investments, and could result in a conflict of interest with the Adviser.
  • The lack of liquidity in our investments may adversely affect our business.
  • Our portfolio may be concentrated in a limited number of portfolio companies or industries, which will subject us to a risk of significant loss if any of these companies defaults on its obligations under any of its debt instruments or if there is a downturn in a particular industry.
  • We may be subject to risks associated with our investments in technology-related industries, such as business and consumer services and software.
  • We may be subject to risks associated with our investments in the healthcare sector.
  • Because we generally do not hold controlling interests in our portfolio companies, we may not be in a position to exercise control over such portfolio companies or to prevent decisions by the management of such portfolio companies that could decrease the value of our investments.
  • We may not be able to realize expected returns on our invested capital.
  • By originating loans to companies that are experiencing significant financial or business difficulties, we may be exposed to distressed lending risks.
  • Our portfolio companies may incur debt or issue equity securities that rank equally with, or senior to, our investments in those companies.
  • We may be exposed to special risks associated with bankruptcy cases.
  • Our failure to make follow-on investments in our portfolio companies could impair the value of our investments.
  • Our investments in non-U.S. companies may involve significant risks in addition to the risks inherent in U.S. investments.
  • We expose ourselves to risks when we engage in hedging transactions.
  • The market structure applicable to derivatives imposed by the Dodd-Frank Act may affect our ability to use over-the-counter (“OTC”) derivatives for hedging purposes.
  • There are certain risks associated with holding debt obligations that have original issue discount or payment-in-kind interest.
  • PIK interest payments we receive will increase our assets under management and, as a result, will increase the amount of base management fees and incentive fees payable to our Adviser.
  • When we use leverage, the potential for gain or loss on amounts invested in us is magnified and may increase the risk of investing in us.
  • Substantially all of our assets may be required to be subject to security interests under future debt financing arrangements and, if we default on our obligations thereunder, we may suffer adverse consequences, including foreclosure on our assets.
  • Any defaults under a credit facility could adversely affect our business.
  • To the extent we use debt to finance our investments and issue senior securities, including preferred Shares and debt securities, an increase in market interest rates could increase our cost of capital, which could reduce our net investment income.
  • Provisions of any future borrowing facility may limit our discretion in operating our business.
  • We may in the future determine to fund a portion of our investments with preferred Shares, which would magnify the potential for gain or loss and the risks of investing in us in the same way as borrowings.
  • Adverse developments in the credit markets may impair our ability to enter into future borrowing facilities.
  • We may securitize certain of our investments, which may subject us to certain structured financing risks.
  • Risks Relating to Our Shares
  • There will be restrictions on the ability of holders of our Shares to transfer such Shares in excess of the restrictions typically associated with a private offering of securities under Regulation D and other exemptions from registration under the Securities Act.
  • Investors in our Shares could fail to fund their capital commitments when due.
  • We may have difficulty paying distributions, our distributions may not grow over time and a portion of our distributions may be a return of capital.
  • The NAV of our Shares may fluctuate significantly.
  • Because the private offering of our Shares is in its early stages, the majority of our Shares may be held by a limited number of entities.
  • U.S. Federal Income Tax Risks
  • We will be subject to U.S. federal income tax at corporate rates if we fail to qualify as, or maintain our qualification as, a RIC under subchapter M of the Code.
  • Legislative or regulatory tax changes could have an adverse impact on us and our shareholders.
  • We may have difficulty paying our required distributions if we recognize income before, or without, receiving cash representing such income.

Legal proceedings

Neither we, our consolidated subsidiaries, nor the Adviser are currently subject to any material legal proceedings, nor, to our knowledge, is any material legal proceeding threatened against us or them. From time to time, we, our consolidated subsidiaries and/or the Adviser may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of our rights under loans to or other contracts with our portfolio companies. While the outcome of any such legal proceedings cannot be predicted with certainty, we do not expect that such proceedings would have a material effect upon our financial condition or results of operations.

The opening of Item 3, Legal Proceedings.4

Sources

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    SEC EDGAROther events
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