CHICAGO and HOUSTON – Reed Smith recently represented ORIX Corporation USA, an alternative asset management, investment, and lending firm, in its GP Solutions Group’s $30 million Net Asset Value (NAV) loan with a leading middle-market private equity firm. The flexible capital provided by this delayed-draw financing will support ongoing investment pursuits and portfolio company expansion in the firm’s structured equity strategy. ORIX USA acted as the sole lender and administrative agent in the transaction.
David Hayes, the firm’s vice chair of U.S. Corporate and global vice chair of Private Equity Finance, and partner Angela Hagerman led the Reed Smith team, which included associates Darius Cade and Diamond Boardley.