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Blackrock and THL Credit Make Follow-On Investment in A10 Capital

Solidifies A10 Capital's Position as the Leader in the Middle-Market CRE Lending Space

September 24, 2015 9:55 AM EDT

BOISE, ID -- (Marketwired) -- 09/24/15 -- A10 Capital, the nation's leading middle-market commercial real estate lender, announced today it has received a significant follow-on investment from BlackRock and THL Credit (NASDAQ: TCRD) 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," said A10 CEO Jerry Dunn. "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 $4.72 trillion under management. Funds managed by BlackRock along with THL Credit, an alternative credit investment manager with $5.6 billion under management as of June 30, 2015, 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," said 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."

About A10 Capital Commercial real estate investors rely on A10 Capital as their one-stop balance sheet lender for middle-market commercial mortgages. Our broad menu of bridge, perm, bridge-to-perm, and note purchase loans cover the entire life cycle of commercial properties across the United States. Our full-service lending platform, which incorporates focused origination, speedy underwriting, in-house legal, and servicing for the life of the loan, has made A10 Capital the most active lender in the middle-market commercial mortgage space. With loans ranging from $1 million to more than $20 million per property, A10 has funded nearly 26 million square feet of commercial properties. An innovator in the industry with a scalable funding model, A10 is backed by four significant institutions: $4.7 trillion asset management firm BlackRock, the $19 billion global private equity firm H.I.G. Capital, a Fortune 500 insurance company, and THL Credit, the credit affiliate of Thomas H. Lee Partners. We are based in Boise, ID and Dallas, TX and have regional offices in Annapolis, MD; Darien, CT; Indianapolis, IN; Kansas City, KS; Nashville, TN; Newport Beach, CA; Orlando, FL; Philadelphia, PA; and Princeton, NJ. For more information, please visit us at www.a10capital.com.

About BlackRock BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. As of June 30, 2015, BlackRock's AUM was $4.721 trillion. BlackRock helps clients meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares� (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. Headquartered in New York City, as of June 30, 2015, the firm had approximately 12,400 employees in more than 30 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit BlackRock's website at www.blackrock.com.

About THL Credit THL Credit is an alternative credit investment manager for both direct lending and broadly syndicated investments through public and private vehicles, collateralized loan obligations, separately managed accounts and commingled funds THL Credit and its subsidiary maintain a variety of advisory or sub-advisory relationships across its investment platform, including THL Credit, Inc. (NASDAQ: TCRD), a publicly traded business development company and THL Credit Senior Loan Fund (NYSE: TSLF), a non-diversified, closed-end management investment company. THL Credit has investment teams in Boston, Chicago, Houston, Los Angeles and New York. In addition, THL Credit is the credit affiliate of Thomas H. Lee Partners. For additional information, please visit THL Credit's website at www.thlcredit.com.

For Further Information Contact:
Cathy Clarke
CNC Associates
508.833.8533
[email protected]

Source: A10 Capital, LLC



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