Stifel Financial Corp. (SF-PB)
- Zacks
Stifel (SF) Joins Lord Abbett to Form SBLA Private Credit
Stifel (SF) collaborates with Lord Abbett to form a leveraged lending joint venture, SBLA Private Credit, boosting the existing capabilities of both firms. This aligns with the company's growth strategy.
- Bloomberg
Stifel, Lord Abbett Form Latest Private Credit Partnership
(Bloomberg) -- Stifel Financial Corp. and Lord Abbett & Co. are teaming up on a joint venture for private credit, the latest partnership between investment banks and traditional asset managers as both try to grab a bigger slice of the growing $1.7 trillion asset class.Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashUS Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dia
- GlobeNewswire
Stifel & Lord Abbett Form Leveraged Lending Joint Venture
‘SBLA Private Credit’ Brings Together Leading Middle-Market Franchises To Deepen Market Presence, Origination Depth & ScaleST. LOUIS and JERSEY CITY, N.J., June 12, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) and Lord Abbett, LLC, today announced the formation of a substantial leveraged lending joint venture, SBLA Private Credit. SBLA Private Credit will focus on both new issue and existing loans to small and mid-sized portfolio companies of financial sponsors and compliments the
