White Oak Raises $2.1B for Direct Lending Strategy

White Oak Global Advisors closed the White Oak Yield Spectrum Fund to outside investors. The fund and other associated vehicles concurrently raised approximately $2.1 billion in total commitments, exceeding the $1.75 billion fundraising target.

GE Capital Vet Zone Joins White Oak Healthcare Finance

Peter Zone joined White Oak Healthcare Finance as a director. Before joining White Oak, Zone served as a SVP in the healthcare leveraged finance unit at GE Capital Healthcare Financial Services.

White Oak Commits $118MM to British Steel

White Oak Asset Finance committed £90 million ($117.529 million) to British Steel. Proceeds from the financing will be used to provide working capital and fuel capital investment projects.

WOCF Provides $5MM ABL Facility to Charles & Colvard

Charles & Colvard entered into a new three-year, $5 million asset-based credit facility with White Oak Commercial Finance, an affiliate of White Oak Global Advisors.

White Oak, Others Support Getronics Acquisition of Pomeroy

Getronics acquired Pomeroy, a U.S. providers of digital workplace transformation services. Plan Investment Board, Permira Debt Managers and White Oak Global Advisors provided debt financing to support the transaction.

PNC, White Oak Support Trax Technologies/Veraction Merger

Trax Technologies and Veraction agreed to merge. The combined business will offer customers a single global technology platform across all shipping modes and a leading suite of transportation spend management analytics.

Barrett Joins White Oak as Managing Director

Gregory Barrett joined White Oak Global Advisors as managing director in marketing, based in New York.

White Oak Partners with C2FO on New Venture

White Oak Global Advisors partnered with C2FO, a market for working capital, to offer receivable financing options to C2FO’s network of businesses throughout the U.S.

White Oak to Acquire UK-Based LDF Group

White Oak Global Advisors will expand its asset-based lending platform to serve clients in the UK and other parts of Europe through the acquisition of LDF Group, a UK-based finance company.

White Oak Acquires Federal National Commercial Credit

White Oak Global Advisors acquired Federal National Commercial Credit, a specialized commercial finance company providing government receivable financing, commercial factoring and asset-based loans to small and middle-market companies.