Bain Capital Credit and SKW Funding, a private lending and distressed debt platform, announced today the formation of their second joint venture, which will target an additional $1.3 billion of acquisitions and loan originations.
The partnership will eye special situation loans as well as sub- and non-performing note acquisitions over the next several years.
The JV has had its first acquisition, a $42 million note secured by an Austin office building portfolio. This purchase was followed shortly thereafter by a $410 million loan origination secured by the office building located at 111 Wall . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available. Research articles require an Annual sub.