Filed Pursuant to Rule 424(b)(3)
Registration No. 333-222986
CNL STRATEGIC CAPITAL, LLC
SUPPLEMENT NO. 2 DATED APRIL 2, 2018
TO THE PROSPECTUS DATED MARCH 7, 2018
We are providing this Supplement No. 2 to you in order to supplement our prospectus dated March 7, 2018 (as supplemented to date, the “Prospectus”). This supplement provides information that shall be deemed part of, and must be read in conjunction with, the Prospectus. Capitalized terms used in this Supplement No. 2 have the same meanings in the Prospectus unless otherwise stated herein. The terms “we,” “our,” “us” and “company” refer to CNL Strategic Capital, LLC.
Declaration of Distributions
On March 28, 2018, our board of directors declared cash distributions on the outstanding shares of all classes of our common shares based on weekly record dates for the time period beginning on April 3, 2018 through and including April 24, 2018, as set forth below:
| Distribution Record Date | Distribution Payment Date | Declared Distribution Per Share for Each Share Class | ||||||||||||||||||||
| Class FA | Class A | Class T | Class D | Class I | ||||||||||||||||||
| April 3, 2018 | May 10, 2018 | $ | 0.024038 | $ | 0.024038 | $ | 0.019231 | $ | 0.021635 | $ | 0.024038 | |||||||||||
| April 10, 2018 | May 10, 2018 | $ | 0.024038 | $ | 0.024038 | $ | 0.019231 | $ | 0.021635 | $ | 0.024038 | |||||||||||
| April 17, 2018 | May 10, 2018 | $ | 0.024038 | $ | 0.024038 | $ | 0.019231 | $ | 0.021635 | $ | 0.024038 | |||||||||||
| April 24, 2018 | May 10, 2018 | $ | 0.024038 | $ | 0.024038 | $ | 0.019231 | $ | 0.021635 | $ | 0.024038 | |||||||||||
