TSL Express Daily News

The Secured Lender

TSL-NOV24-COVR 

SFNet's 80th Annual Convention Issue
 

Intro content. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Curabitur iaculis sapien sagittis, accumsan magna ut, blandit massa. Quisque vehicula leo lorem, a tincidunt eros tempor nec. In quis lacus vitae risus egestas tincidunt. Phasellus nulla risus, sodales in purus non, euismod ultricies elit. Vestibulum mattis dolor non sem euismod interdum.

October 23, 2024

Source: Citybiz

LOS ANGELES — (BUSINESS WIRE) — WhiteHawk Capital Partners, a leading asset based direct lending investment manager, announced the final closing of WhiteHawk Fund IV (“WH IV” or the “Fund”). With total equity commitments of over $1.1 billion, which includes WH IV and related vehicles. The total capital base of the Fund and its related vehicles is expected to be over $1.5 billion, which includes equity commitments and anticipated leverage. The Fund is more than double the size of WhiteHawk Fund III, its 2020 predecessor fund, which had $475 million of equity commitments.

“Over the last nine years working together, our team has developed significant scale and relationships in the asset-based lending community which has allowed us to build on our leadership position in the market,” said John Ahn, Partner and Co-Founder of WhiteHawk Capital. We appreciate the strong vote of confidence from our growing investor base, and we look forward to executing on our longstanding strategy of providing flexible capital solutions to our borrowers while seeking to generate attractive risk adjusted returns for our investors.”

“The middle market continues to experience significant demand for reliable capital solutions as it remains underserved by banks and other traditional lending sources,” said Bob Louzan, Partner and Co-Founder of WhiteHawk Capital. “Our ability to be pro-active and creative in sourcing and structuring has resulted in originating over $4 billion in loan volume, in over 90+ loans, spanning 15 different industries. Our extensive origination capability enables us to see a broad set of potential opportunities to lend to small and medium-sized companies. We are pleased to have already deployed nearly one third of the Fund’s capital to date in what we believe are compelling investment opportunities.”