SAN DIEGO—At the Mortgage Banker Association's CREF/Multifamily Housing Convention & Expo running here through Wednesday, A10 Capital's Tom MacManus will share the stage with experts from Blackstone and TPG in a panel discussion of “The Evolution of Private Debt Funds.” A10's own story—a nimble lender specializing in the middle-market segment, but backed by some of private equity's heaviest hitters—is something of a standout in the current lending environment, not to mention a juxtaposition with the likes of Blackstone. President, strategic accounts with A10, MacManus gives GlobeSt.com the rundown on what makes it tick.
GlobeSt.com: Tell us about the private equity firms that have chosen to invest in A10.
Tom MacManus: A10 has a mix of some very high-quality institutional investors, including HIG Capital, which made an initial investment back in 2012. Subsequently, there were additional investments by BlackRock, Thomas H. Lee's affiliated credit group, as well as KKR, which made an investment in early 2016. That private capital has enabled us to compete against the conduit lenders and differentiate ourselves as a portfolio lender.
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Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
