ORIX to acquire a majority stake in Hilco Global.

ORIX, an alternative asset management, investment, and lending firm, agreed to acquire a majority stake in Hilco Global, a diversified global financial services firm. Financial terms were not disclosed. “Hilco Global is an industry leader with an impressive reputation and robust experience, and we are proud to welcome them to ORIX USA. ORIX USA has achieved its steady growth in part through the strategic acquisition of best-in-class businesses. As we evaluate our next chapter, clearly Hilco Global seamlessly fits into our team while also bringing new expertise, relationships, and sources of origination that will create value for our investors, clients, and partners,” Terry Suzuki, ORIX USA President and CEO.