Domain Capital Advisors, a subsidiary of Domain Capital Group, a private investment management services firm, served as the lead lender to Blackstone managed entities in its recent $2.8 billion purchase of Allstate Life Insurance Company and certain subsidiaries, collectively renamed Everlake Life Insurance Company.

“We believe completing this deal is a significant milestone for our credit business,” Patrick R. Leardo, executive managing director and CEO of Domain Capital Group, said. “It propels our credit practice past $2.5 billion in total originations of credit-related investments since Domain’s inception and demonstrates our ability to provide scalable credit solutions to meet clients’ needs.”

As part of a multi-lender syndicate, Domain provided debt, on behalf of its clients, to Blackstone for the acquisition. Domain will also service the full loan amount for the lender syndicate.

“We are seeing increased demand for credit investments across all industries,” Kate Floyd, vice president of investments at Domain Capital Group, said. “We believe our team provides thorough underwriting processes to help reduce risk and constant monitoring of collateral and performance.”