A10 Capital has received a significant follow-on investment from BlackRock and THL Credit to fuel the future growth of its loan origination platform and on-balance sheet loan portfolio.
“We consider this additional investment by BlackRock to be a validation of our business model and leadership position in the industry,” says A10 CEO Jerry Dunn (pictured). “Being associated with the BlackRock family will enable A10 to continue to bring innovative solutions to our clients and fresh ideas on how middle-market commercial real estate can be financed.”
BlackRock is the world’s largest investment firm, with over USD4.72 trillion under management. Funds managed by BlackRock along with THL Credit, a USD5.6 billion alternative credit investment manager, made an undisclosed investment in A10 Capital’s platform in support of its fast-growing loan portfolio. A10 will use this second round of funding to further enhance its industry-leading commercial mortgage products and to expand its sales and marketing activities.
“We continue to view A10 Capital as a very impressive platform in the commercial real estate lending arena,” says Ron Redmond, managing director at BlackRock. “Their full-service platform is powered by an exceptional team and the use of sophisticated technology. We are very excited to continue to be part of their success and growth.”
