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Published on 1/9/2023 in the Prospect News Private Placement Daily.

Snowden Lane secures $100 million credit facility

By Wendy Van Sickle

Columbus, Ohio, Jan. 9 – Snowden Lane Partners obtained a new $100 million credit facility from ORIX Corp., according to a press release from Snowden Lane and its private equity partner, Estancia Capital Partners.

The new facility replaces a facility originally secured with ORIX Corp. in 2018 and subsequently expanded in early 2022.

It was arranged by Apogem Capital and Monroe Capital.

The $100 million of available credit will enable Snowden Lane to significantly bolster its recruiting momentum and position itself for sustained growth through 2023 and beyond, the company said.

Snowden Lane is an independent wealth advisory firm based in New York.


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