White Oak Global Advisors, an alternative asset manager, completed the acquisition of Finacity, a working capital and trade finance funding solutions provider. Financial terms were not disclosed. “We are delighted to be welcoming Finacity to the White Oak family. Finacity is a market leader and there are significant synergies between their work and the work we are already doing at White Oak. This acquisition further demonstrates White Oak’s commitment to being a leading global player in asset-backed capital solutions which is integral to the functioning of the global economy. In particular, Finacity’s experience in making securitization of accounts receivable and consumer assets less complex and more cost-effective will provide significant advantage to our clients. We look forward to working closely with Adrian and the team at Finacity as we embark on this new partnership,” Andre Hakkak, White Oak Global Advisors CEO.