Specialty Finance

Overview

The specialty finance vertical generates current cash flow based on senior secured debt investments across a diverse portfolio of asset types with a slight correlation to underlying economic conditions. With a broad investment mandate, the specialty finance team offers both industry expertise and quick, efficient action in capitalizing on new sectors and opportunities.

Industry Segments
  • Litigation finance
  • Small business lending and leasing
  • Consumer finance
  • Commercial real estate finance
  • Royalty streams
  • Structured settlements
  • Infrastructure finance
  • Marketplace lending
Portfolio Companies and Sponsors 
  • Financial technology companies
  • Specialty finance companies
  • Private equity and venture capital firms
  • Lending platforms
  • Asset managers and funds
  • Select de novo joint ventures
Investment Criteria
  • Ability to underwrite facilities over $150 million
  • In-house credit and analytics
  • Proprietary sourcing channel
  • Current or near-term cash-flow characteristics in liquid or illiquid assets
  • U.S. focus with foreign capabilities
Transaction Types
  • Typically agent, but can partner with other lenders
  • Directly originated asset pool loans: revolving, senior and junior structures
  • Selective operating company loans and equity investments
  • Warehouse and securitization structures
  • Opportunistic portfolio purchases

Contact:

Aaron Peck

Managing Director, Portfolio Manager - BDC & Opportunistic Private Credit

Lee Stern

Managing Director - East Coast Region

Kyle Asher

Managing Director - Head of Underwriting, Opportunistic Credit