White Oak Global Advisors is dedicating additional resources to deploy capital in senior secured, non-sponsored debt investments in companies that are focused on environmental and social outcomes.
White Oak Commercial Finance Europe, a provider of senior secured financial solutions to small and medium sized enterprises, mid-market, private equity (PE)-owned and PLC firms across the UK and Europe, launched a new website.
SSG Capital Advisors served acted as investment banker to Atlantic Carbon Group in the sale of its equity interests to ACG Holdco, an affiliate of White Oak Global Advisors.
White Oak Global Advisors acted as sole lender and administrative agent to provide a $30 million senior credit facility to Danimer Scientific Holdings.
White Oak Business Capital hired Carol Apicella as senior vice president and senior business development officer. Apicella will be responsible for expanding the firm’s markets in the Northeast and Mid-Atlantic.
White Oak Global Advisors funded over $2.5 billion in loans in 2018, while its affiliate, White Oak Healthcare Finance, closed on $1.4 billion in loans with more than 19 clients over the same time period.
White Oak Healthcare Finance acquired an approximate $700 million portfolio of skilled nursing and seniors housing loans from Capital One Healthcare and its participant banks.
White Oak Global Advisors closed the White Oak Yield Spectrum Fund to outside investors. The fund and other associated vehicles concurrently raised approximately $2.1 billion in total commitments, exceeding the $1.75 billion fundraising target.
Peter Zone joined White Oak Healthcare Finance as a director. Before joining White Oak, Zone served as a SVP in the healthcare leveraged finance unit at GE Capital Healthcare Financial Services.
White Oak Asset Finance committed £90 million ($117.529 million) to British Steel. Proceeds from the financing will be used to provide working capital and fuel capital investment projects.