Placement agent Eaton Partners has formed a team that will raise capital for private credit funds. The team will focus on credit managers in the U.S., Europe and Asia. Eaton Partners is a subsidiary of Stifel Financial Corp.
Rowayton, CT, December 7, 2016 – Eaton Partners, one of the world’s largest placement agents and advisory firms for private fund sponsors and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announced today the formation of a distinct team within the firm that will work with and raise capital for unique private credit strategies globally. Targeted strategies include asset-backed and direct corporate lending, distressed debt, real estate credit, and other specialty credit. The team will primarily focus on representing credit managers located in the U.S., Europe and Asia.
“Recent regulatory hurdles have led to a secular retrenchment from banks in the commercial lending arena, and as a result, we’ve seen that opportunities for private credit managers are greater than ever,” said Jeff Davis, Partner at Eaton Partners. “In fact, in several industry surveys taken this year, a majority of institutional investors said they were under-allocated to private credit and expected to increase their target allocations over the next 12 months. Our global capital raising capabilities for credit-focused managers is exemplary, and our team will be focused on working with truly differentiated private credit fund managers to showcase their unique stories and risk-return profiles to institutional investors.”
In 2016, Eaton has participated or raised more than $2.6 billion for five credit funds. Since 1998, Eaton Partners has participated or raised more than $16 billion for credit-focused funds globally, including many first-time funds. Eaton Partners has relationships with more than 4,000 institutional investors across the globe and specializes in raising capital across a range of alternative strategies, including private equity and private credit, as well as real assets, hedge funds, and real estate. The firm also assists general partners in secondary transactions, and in syndicating co-investment and direct deals from qualified institutional investors.
About Eaton Partners, LLC
Founded in 1983, Eaton Partners is one of the largest and most experienced fund placement firms in the world, having raised more than $70 billion across 93 highly differentiated funds. With over 60 professionals across offices in North America, Europe, and Asia, the firm raises institutional capital for investment managers across a full range of alternative strategies: private equity, private credit, real assets, real estate, and hedge funds/public market strategies. Eaton Partners is currently in the market with funds some of whose strategies include: sector-specific and general buyout, real estate equity and credit, infrastructure, midstream energy, mining, mezzanine credit, municipal credit, event driven equity and long/short equity. Partnering with a select number of the highest-quality fund managers, Eaton Partners has represented some of the most innovative funds of the last three decades. With extensive institutional relationships, deep sector knowledge, and fresh insights, Eaton Partners is dedicated to every client’s success. In January 2016, Eaton Partners became a wholly owned subsidiary and affiliate of Stifel Financial Corp., a leading middle-market investment bank, to further ensure Eaton’s success at the highest level of the global placement business.
Eaton Partners, LLC, is a registered broker-dealer and a member of FINRA. It is registered as an Introducing Broker with the Commodity Futures Trading Commission and is a member of the National Futures Association (NFA). Eaton Partners (UK) LLP is authorized and regulated by the Financial Conduct Authority (FCA). Eaton Partners Advisors (HK) Limited is approved as a Type 1 License company under the Securities and Futures Commission (SFC) in Hong Kong. Eaton Partners and the Eaton partners logo are trademarks of Eaton Partners, LLC, a limited liability company ® Eaton Partners, LLC, 2016. Eaton Partners, LLC is a wholly owned subsidiary and affiliate of Stifel Financial Corp. To learn more, please visit www.eatonpartnersllc.com.
Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated; Keefe Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; Century Securities Associates, Inc.; and Eaton Partners, LLC, and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank & Trust offers a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s web site at www.stifel.com.