Northleaf Capital Partners (Northleaf) announced that it acted as the lead arranger of a A$250 million senior secured credit facility for Omni Bridgeway, a global player in financing and managing legal risks, with expertise in civil and common law legal and recovery systems.
What is the expertise of Northleaf in this industry?
“Omni Bridgeway is the fourth litigation finance platform with which we have partnered over the past 24 months. These types of specialty finance assets provide our investors with portfolio diversification while generating stable cash flows that are uncorrelated to the broader economy,” said David Ross, Managing Director and Head of Private Credit, Northleaf.
“We are delighted to partner with Omni Bridgeway, leveraging our specialty finance expertise to support the firm’s continued global growth,” added CJ Wei, Vice President at Northleaf.
“Northleaf’s flexible investment approach allows us to provide senior debt as well as hybrid and equity capital to support leading specialty finance and financial technology businesses across consumer, commercial and other verticals,” Wei further commented.
What does the transaction mean to Omni Bridgeway?
“The Northleaf team brought the necessary capabilities to meet the evolving capital demands of our business as we transition into the next phase of our growth, making them the right partner for us in this transaction. This transaction creates significant benefits for our firm and our clients,” said Andrew Saker, Managing Director & CEO and CSO – US at Omni Bridgeway.
Northleaf’s private credit program gives investors diversified private credit investments, with a focus on floating rate loans to middle market firms and specialty finance platforms in North America, Europe and Australia. Northleaf invests across the capital structure, including first lien, unitranche, second lien, mezzanine and subordinated debt and equity structures.