Capabilities
Our Platform
Senior Revolving
and Term Loans
Acquisition financing provides flexibility to fund working capital needs and the continuation of operations.
Senior Delayed
Draw Term Loans
Helps finance acquisitions, support business expansion and provide funds for other general purposes.
Senior
Stretch Loans
Alternative financing solution that eliminates the need for subordinated debt.
Unitranche
Loans
Provides a one-stop financing solution with the convenience of a single credit agreement.
Mezzanine
Loans
Subordinated debt that funds leveraged buyouts, add-on acquisitions and recapitalizations.
Equity
Co-Investments
Equity investments in portfolio companies alongside a private equity owner.
Direct Lending
Our Verticals
A variety of sectors that offer differentiated value propositions and attractive growth prospects.
Companies and providers focused on improving quality of care, reducing costs and increasing efficiency across the Healthcare landscape.
Insurance companies and other financial services businesses with defensible value propositions.
Niche leaders in software, payment processing, managed hosting, and technology-enabled services.
Investment Process
Sourcing
Our team of relationship managers source opportunities from a diverse network of private equity sponsors.
Initial Due Diligence
We consider more than 800 new deals each year, subjecting each to a robust review and analysis of the company’s operations, industry, end markets, competition, and historical and projected financial results.
Preliminary Approval
Deals that pass our initial due diligence are reviewed by our Investment Committee.
Underwriting
The underwriting team conducts a comprehensive review of the target company. This includes management meetings, third-party accounting and industry reports, customer calls, and legal due diligence.
Final Approval & Closing
Once underwriting completes its review, the team’s findings are sent to the Investment Committee for final approval.
Portfolio Management
We maintain ongoing contact with the private equity sponsor and the management team of its portfolio company.
Investment Management
We manage $10 billion of assets** in a range of strategies with differing risk/return targets. We provide clients with the opportunity to invest alongside New York Life through tailored programs, with the goal of meeting clients’ objectives. In today’s environment, these funds offer an attractive opportunity for sophisticated investors seeking the potential for higher yields than traditional fixed income instruments.