🚨🚨Great news from Stifel Sponsor Finance! Our team has entered into a JV with Lord Abbett to establish a private credit vehicle: SBLA Private Credit. This allows us to provide a unitranche product in addition to our traditional cash flow senior credit products. This new partnership and vehicle allows us to hold +$125MM in commits while targeting higher leverage sponsored transactions with EBITDA greater than $10MM. Let’s talk! #privatecredit #stifel #sponsorfinance #lordabbett #privateequity #middlemarket #unitranche #debt
Together with Lord, Abbett & Co. LLC, Stifel is proud to announce the formation of a new leveraged lending joint venture – SBLA Private Credit. SBLA Private Credit will focus on both new issue and existing loans to small and mid-sized portfolio companies of financial sponsors and compliments the existing capabilities of both firms. Learn more here: https://lnkd.in/g4YbTtpA
Congrats Max!!! This is fantastic. Sky is the limit!
It’s about time it became official! 🎉
Big Time Announcement Max Lintereur! Best of luck!!
Amazing and exciting news!
Congratulations Max, Stifel, Lord Abbott!
Congrats Max and the Stifel & Lord Abbott teams!
Congrats Max!
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1wSounds like a great move for both companies as they compliment one another in what they both do best. Know it will be a great venture for all concerned. Shelley Joseph