Private credit investment manager MA Asset Management, via its affiliated funds, together with KeyBank as senior lender, completed a $175 million financing facility to Healthcare Finance Direct (HFD), a provider of patient financing solutions in the elective medical space.
“We’re pleased to provide a capital solution that supports HFD’s continued growth,” Christian Sampson, investment director at MA Asset Management, said. “This transaction reflects our focus on partnering with leading specialty finance platforms and providing our investors access to differentiated private credit investments.”
“This relationship with MA Asset Management and KeyBank marks a major milestone in our mission to expand access to affordable healthcare,” Tyler Johnson, CEO of HFD, said. “Their support enables us to scale our platform, reach more providers and ultimately help more patients get the care they need.”
“We’re excited to be working with the teams at HFD and MA Asset Management on this innovative structure and look forward to supporting the platform as they position themselves for continued success,” Chris Tucker, managing director of KeyBank Specialty Finance Lending, said.
“We are proud to partner with HFD as they continue to redefine access to healthcare financing,” JP Marra, head of U.S. asset management at MA Asset Management, said. “This transaction highlights MA Asset Management’s continued expansion into high-growth sectors of U.S. private credit and our ability to provide flexible, scalable capital solutions through our global credit platform.”
