TSL Express Daily News

Total activity amounted to $2.1 billion across 133 opportunities

White Oak enters 2022 celebrating 15th anniversary

NEW YORK--(BUSINESS WIRE)--White Oak Global Advisors, LLC, (“WOGA”), a global alternative asset manager providing flexible and secure funding to help businesses grow, today announced that the firm, together with its financing affiliates (collectively, “White Oak”), originated $2.1 billion of loan transactions across 133 companies in 2021.

As small and medium enterprises (SMEs) continue to look for financial lifelines through differentiated means, White Oak continued to serve as a non-bank lender of choice, marked by its commitment to providing tailored and flexible solutions underwritten by industry experts.

“2021 saw notably high demand for differentiated private credit solutions across many key industries,” said Darius Mozaffarian, Partner & President at WOGA. “Despite COVID-19’s ongoing impact to trade and supply chain, White Oak’s diversified product offering across ABL, equipment and corporate term loans has allowed us to provide SMEs with financing solutions to achieve their growth ambitions. We expect this level of demand to remain in 2022.”

“In the past year, White Oak’s flexible ABL and term financing solutions met the needs of SME’s across many industries,” said John Felix, Managing Director and Head of Originations at WOGA. “The continued strong demand for private lending provides White Oak with immense opportunities for capital deployment and having a broad product offering allows us to meet the financing objectives of SME’s across the credit spectrum.”

This announcement comes as White Oak enters 2022 celebrating its 15th year in business. Since the firm’s founding in 2007, White Oak has invested more than $10 billion in direct lending opportunities. Last year White Oak Financial, the parent company of WOGA, purchased Finacity Corporation, one of the largest non-bank trade receivables finance platform in the world, which originates and securitizes over $100 billion of trade receivables annually.

About White Oak Global Advisors

White Oak Global Advisors, LLC is a leading alternative debt manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Together with its financing affiliates, WOGA provides over twenty lending products to the market, including term, asset-based, and equipment loans, to all sectors of the economy. Since its inception in 2007, WOGA and its affiliates have deployed over $10 billion across its product lines, utilizing a disciplined investment process that focuses on delivering risk-adjusted investment returns to investors while establishing long term partnerships with our borrowers. More information can be found at www.whiteoaksf.com.

Contacts

Spencer Tait
Prosek Partners (on behalf of White Oak Global Advisors)
pro-whiteoak@prosek.com