Aflac Global Investments Acquires 40% Stake in Tree Line Capital Partners
May 16, 2024
Aflac Global Investments (AGI) agreed to acquire a 40% stake in San Francisco-based private credit manager Tree Line Capital Partners and will make a multiyear commitment to allocate a portion of its annual investable cashflow to the firm. Tree Line — which manages approximately $2.7 billion and specializes in direct lending to the lower middle market — will retain investment and operational autonomy with its existing leadership continuing to run the business.
- Buyers
- Aflac Global Investments (AGI)
- Targets
- Tree Line Capital Partners
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Growth capital
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