Gordon Brothers, a global advisory, restructuring and investment firm, received $300 million in financing from Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments, increasing the firm’s capital base to more than $1 billion.
This financing will fuel the continued rapid growth of the firm’s capital offerings, which generated more than $700 million in originations worldwide in 2021, building on billions of assets traded and financed in recent years.
“This new investment marks an important milestone in Gordon Brothers’ evolution and builds on our partnership with Stone Point Capital,” Ken Frieze, CEO of Gordon Brothers, said. “We look forward to welcoming CPP Investments as we accelerate the growth of our lending, sale leasebacks and investments globally.”
“We are impressed by how the Gordon Brothers’ global platform uniquely leverages deep appraisal and disposition expertise combined with disciplined underwriting to support businesses undergoing transformation,” Andrew Edgell, global head of credit investments at CPP Investments, said. “This new relationship with Gordon Brothers broadens our access to the asset-based lending space as we continue to build a diversified portfolio of credit assets.”
