Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, committed more than $925 million to private equity sponsors in support of healthcare transactions last year, completing 26 healthcare transactions across 10 subsectors.
The firm served as lead agent on all the healthcare transactions it supported in 2020, which included 11 new platform financings and 15 add-on financings.
“During a year unlike any experienced before, we remained steadfastly committed to being a dependable lending partner that works hand-in-hand with sponsors and their portfolio companies through all times, as reflected by the over $925 million we put to work in support of our private equity clients’ healthcare investments in 2020,” Faraaz Kamran, senior partner at Twin Brook Capital Partners, said. “We saw private equity-backed healthcare businesses manage pandemic-related challenges remarkably well, and we witnessed transaction activity across a broad spectrum of healthcare subsectors bounce back in the latter half of the year. Heading into 2021 and beyond, we look forward to continuing to provide our sponsors and borrowers with consistent, reliable support and to using our ample buying power to bring them the tailored financing solutions needed to navigate the current environment and execute on the opportunities to come in this active space.”
Twin Brook Capital Partners is a finance company focused on providing cash flow-based financing solutions for the middle market private equity community.