Announced
Financials
Sources
Tags
Private
Pending
Friendly
Private Equity
Acquisition
South Korea
Majority
Domestic
Investment Banking
investment banking
United States
asset management
Single Bidder
Synopsis
Financial services firms Stifel and Korea Investment & Securities, agreed to form SF Credit Partners, a joint venture to build on the other’s broad capabilities and regional market expertise. Financial terms were not disclosed. “We are excited to launch SF Credit Partners with Korea Investment & Securities. This joint venture is an innovative source of additional capital, enabling us to increase commitment capacity and provide enhanced leveraged finance product capabilities and lending solutions to our financial sponsor and corporate clients. This joint venture anchors a broader strategic collaboration with KIS, a unique relationship that will benefit each firm and our respective clients," Ronald J. Kruszewski, Stifel Chairman and CEO.
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