White Oak Deploys Nearly $1.5 Billion in Lending Activity in 2022
White Oak Global Advisors, LLC, ("WOGA"), a global alternative asset manager providing flexible and secure funding to help businesses grow, today announced that the firm, together with its financing affiliates (collectively "White Oak"), originated $1.4 billion of loan transactions across 60 deals in 2022.
"2022 was an exceptional year for White Oak," said Andre Hakkak, Co-Founder & CEO. "The current economic landscape continued to drive demand on the borrower side for flexible lending solutions that can be executed with speed, and investors continued to show their appetite for a private credit strategy that offers bank-like lending within an asset management framework. I'm thrilled by the impact we had in 2022 and look forward to another year of success."
With many traditional banking lenders withdrawing from a market challenged by tighter monetary policy and significant volatility, small and medium enterprises (SMEs) continued to look for ways to access differentiated financing solutions. White Oak continued to position itself as a primary non-bank lender to SMEs and remained deeply committed to providing tailored and flexible solutions, underwritten by industry experts.
"Over the past year, White Oak was again able to service SMEs across an array of industries as a one-stop shop provider for long-term, scalable, and customizable financing," said Darius Mozaffarian, Partner & President at WOGA. "Looking ahead, and in light of persistent inflation data, the labor market and interest rate environment, we see continued demand for such offerings and remain bullish on asset-based and asset-backed lending from an investment opportunity standpoint."
The total dollar amount of White Oak's 2022 originations accounts for the combined value of 60 separate transactions to SMEs across multiple sectors. Key transactions included:
About White Oak Global Advisors
White Oak Global Advisors, LLC ("WOGA") is a leading alternative debt manager specializing in originating and providing financing solutions to support small and middle market enterprises at every stage of their lifecycle. WOGA and its financing affiliates optimize capital structure based on available assets and cash flow and provide over twenty lending products to the market that include term, asset-based, and equipment loans. Since its inception in 2007, WOGA and its affiliates have deployed over $10 billion across its product lines, utilizing a hands-on, disciplined investment process that focuses on delivering risk-adjusted investment returns to investors, while establishing long-term partnerships with its borrowers. More information can be found at www.whiteoaksf.com.
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