Castlelake Partners with Aequum Capital to Establish Specialized Lending Platform

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MINNEAPOLIS and CHICAGO, July 28, 2022 /PRNewswire/ — Castlelake, LP (“Castlelake”), a global alternative investment manager with approximately 17 years of experience investing in asset-rich opportunities, and Aequum Capital Founder, LLC (“Aequum”) , a lender technology-focused specialty finance company, today announced a partnership establishing a new commercial lending platform for originating and servicing efficient asset-backed senior loans to small and medium-sized businesses in the States. -United

The platform, which will operate under the Aequum brand, will leverage Castlelake’s asset experience and the deep industry knowledge of the Aequum team to deliver comprehensive lending solutions that aim to meet the needs of borrowers with respect to working capital, growth, acquisitions, recapitalizations, turnarounds and other situations. Typical loan sizes are expected to range from $1 million at $10 million and cover a wide variety of industries.

“In the current environment, we believe it is increasingly difficult for small and medium-sized businesses to find the financing and capital solutions they need through traditional banking channels,” said Matt Small, Partner, Global Specialty Finance and Head of Business Development at Castlelake. “We are delighted to partner with the experienced team at Aequum to extend our reach to these borrowers while providing our investors with attractive exposure to an income-oriented, asset-rich portfolio of investments.”

Aequum was founded by specialist finance veterans John Stanfield, Orasio Becerra, Michael Keenan, John Ross and Rick Kaufmanwhose collective professional experience includes working in banking institutions, family offices and specialist financial firms.

In a joint statement, Aequum executives expressed their motivation to launch the platform with Castlelake: “Together, we founded Aequum Capital on three guiding principles: First, we believe we can provide a needed service to an underserved segment of the market through our long-standing relationships and industry knowledge; second, we are committed to building a company with a culture of execution that allows us to offer flexibility while emphasizing on credit; and third, we strive to bring together the individual skills of top talent to work quickly and efficiently.”

Castlelake has completed over $3 billion investments in specialized finance since 2015, including a recent agreement to acquire up to $400 million diversified equipment loans and leasing receivables. Its specialty finance business also includes the acquisition or financing of more than 3,500 commercial and industrial loans and more than 5 million accounts receivable. Castlelake launched its direct asset-backed lending strategy in 2020 and has since delivered nearly $6 billion in lending to borrowers.

About Castle Lake
Castlelake, LP is a global alternative investment manager focused on real asset, specialty finance and aviation investments across the risk spectrum, from value-oriented to income and quality securities investment. Founded in 2005, Castlelake manages approximately $21 billion in assets. The Castlelake team includes over 250 experienced professionals, including 95 investment professionals, across six offices in North America, Europe and Asia. For more information, please visithttps://www.castlelake.com/.

About Aequum
Aequum is a commercial lending platform focused on providing effective financing solutions to lower middle market businesses that typically do not qualify for traditional bank financing. Aequum’s approach is centered on cost competitiveness and consultation to help borrowers progress down the path of traditional bank financing over time. Through its experienced team of specialized financial experts, its strong network of entrepreneur resources and its proprietary technologies, process engineering and methodologies, Aequum strives to enable accelerated, dynamic and better business results. For more information, visit https://aequumcapital.com/.

Contact
Castlelake Media Relations
Molly Blemker
+1 612 851 3083
[email protected]

Prosek Partners for Castlelake
Josh Clarkson / Remy Marin
+1 212 279 3115
[email protected] / [email protected]

Aequum Capital
Revenue Director
Michael Keenan
+1 312 971 1809
[email protected]

SOURCE Castlelake

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