Northleaf Capital Partners acted as the lead arranger of a A$250 million ($177.2 million) senior secured credit facility for Omni Bridgeway, a global provider of financing and managing legal risks with expertise in civil and common law legal and recovery systems.
“Omni Bridgeway represents the fourth litigation finance platform with which we have partnered over the past 24 months,” David Ross, managing director and head of private credit at Northleaf, said. “These types of specialty finance assets provide our investors with portfolio diversification while generating consistent, stable cash flows and enhanced returns that are uncorrelated to the broader economy.”
“We are delighted to partner with Omni Bridgeway, leveraging our specialty finance expertise to support the firm’s continued global growth,” CJ Wei, vice president at Northleaf, said. “Northleaf’s flexible investment approach allows us to provide senior debt as well as hybrid and equity capital to support leading specialty finance and financial technology businesses across consumer, commercial and other verticals.”
“The Northleaf team brought the necessary capabilities to meet the evolving capital demands of our business as we transition into the next phase of our growth, making them the right partner for us in this transaction,” Andrew Saker, managing director, CEO and chief strategy officer at Omni Bridgeway, said. “This transaction creates significant benefits for our company and our customers.”