Aflac Global Investments to acquire stake in private credit asset management firm Tree Line Capital Partners
AFLAflac(AFL) Prnewswire·2024-05-16 21:00

NEW YORK, May 16, 2024 /PRNewswire/ -- Aflac Global Investments (AGI), the asset management subsidiary of Aflac Incorporated, announced today that it has agreed to acquire a stake in San Francisco-based lower middle-market direct lender, Tree Line Capital Partners (Tree Line). The structure of the deal provides AGI with a 40% interest in the company upon closing. In addition, Aflac is making a multiyear commitment to allocate a portion of its annual investable cashflow to Tree Line.Tree Line was founded in ...