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.
Global alternative investment firm Angelo Gordon provided Exela Technologies, a location-agnostic global business process automation company, with a five-year, $145 million term loan facility.
Pacific Drilling and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11. Greenhill & Co. is acting as financial advisor, Latham & Watkins and Jones Walker are acting as legal counsel and AlixPartners is acting as restructuring advisor.
Christopher & Banks amended its asset-based revolving credit facility and entered into a term loan credit facility with a subsidiary of Angelo Gordon.
Twin Brook Capital Partners has committed more than $3.3 billion to private equity sponsors in support of healthcare transactions, including over $1.3 billion last year alone.
Michiel von Saher has joined Angelo Gordon as a managing director based in London – expanding the firm’s Performing Credit team to 13, including four in the UK.
Incline Equity Partners has partnered with management to recapitalize Wholesale Supplies Plus. Twin Brook served as administrative agent for debt financing to support the transaction.