Stifel (SF) Joins Lord Abbett to Form SBLA Private Credit

Stifel Financial Corp. (SF) and Lord Abbett, LLC have entered into a joint agreement to establish a leveraged lending joint venture — SBLA Private Credit. This new entity will concentrate on origination and management of existing loans to small and mid-sized portfolio companies of financial sponsors, thus, augmenting the existing capabilities of both firms. SBLA Private Credit integrates two of the industry's most established brands, offering extensive middle-market coverage and renowned for their strategic ...