White Oak Global Advisors raised roughly $2.3 billion for its latest private credit offering, including a distinct focus on asset-based lending.
White Oak Yield Spectrum Fund V and other associated vehicles had $1.3 billion of total committed capital with an additional $1 billion received for investments in specialty finance with an asset-based lending component.
White Oak Co-founder and CEO Andrew Hakkak (provided)
Campbell Lutyens & Co. Ltd acted as placement agent for the new fund.
The firm, which has invested more than $10 billion in direct lending opportunities . . .
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