CIFC Asset Management has entered into an agreement to acquire LBC Credit Partners (“LBC”), a leading middle market direct lending platform. CIFC’s acquisition of LBC follows a series of positive developments for the firm, which in 2021 grew its...
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December 13, 2021, 08:15 AM
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LBC Credit Partners announced the final closing of LBC Credit Partners V, L.P. (“LBC V”), and a fund raised contemporaneously adding $808 million of equity commitments to the firm’s capital base. To date, LBC V has funded 28 investments and with...
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April 15, 2021, 07:42 AM
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LBC Credit Partners, a leading provider of financing solutions to middle market companies, announced the promotion of six of its investment professionals. Homyar Choksi has been promoted to Partner; Allan Allweiss and David Fraimow have been...
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July 08, 2015, 08:04 AM
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LBC Credit Partners ("LBC”) announced the closing of LBC Credit Partners III, L.P. (“LBC III”) fund, with $839 million of equity capital commitments. This exceeded both its target of $650 million and its initial hard cap of $800 million. The new...
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May 30, 2014, 07:44 AM
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