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.
‘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
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