FrontWell Capital Partners closed a senior secured credit facility for Jason Wu, a women’s luxury fashion brand headquartered in New York City that is known for designing dresses for celebrities and collaborating with other high-end brands.
Lilies Lanway, an industry veteran with nearly 30 years of U.S. deal sourcing experience, will join FrontWell Capital Partners’ deal originations team as senior vice president and head of U.S. deal originations and Brandon Lalonde will join the team as an associate, both effective on Oct. 11.
FrontWell Capital Partners is a newer entrant in the asset-based lending world, but with its selective approach, experienced management team and laser focus on the opportunities it sees in the Canadian marketplace, it has made itself a company to watch.
FrontWell Capital Partners, a private credit fund that provides transitionary senior debt financing to middle-market companies in the United States and Canada, added Bob Grosskopf to its advisory board.
FrontWell Capital Partners closed a C$15 million ($12.2 million) senior secured credit facility to a Canadian manufacturing company with an operating history of more than 150 years.
FrontWell Capital Partners appointed Nick Bassi vice president of underwriting and portfolio management. Bassi joined FrontWell from Scotiabank Asset Finance, where he most recently served as director of business development and previously was director and portfolio manager.
Aubrie De Sylva joined FrontWell Capital Partners’ deal originations team as vice president and Kevin Freer and Andrew Isaac joined the underwriting team as vice president and assistant vice president, respectively.
FrontWell Capital Partners launched as a private credit fund focused on providing transitionary senior debt financing to middle-market companies in the U.S. and Canada. FrontWell is led by Patrick Dalton as CEO and John Ho as CFO.
Patrick Dalton examines the changing role of alternative lenders in the rapidly evolving lending landscape. Due to regulatory constraints, he says it is often in the best interest of a borrower — and a senior lender — to form a strategic partnership with an alternative lender that has institutional knowledge of various asset classes.