White Oak Healthcare Finance has named Jason Dufour as a managing director. Previously, Dufour worked at Wells Fargo Capital Finance where he served as a regional credit manager.
SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–White Oak Global Advisors, LLC is pleased to announce that Jason Dufour has joined the White Oak Healthcare Finance team as a Managing Director. Dufour will focus on supporting the expansion of the operational capabilities of White Oak Healthcare Finance including originations, underwriting and servicing.
Dufour joins White Oak from the Healthcare Team at Wells Fargo Capital Finance (“WFCF”), where he was a Regional Credit Manager, responsible for the expansion of the nationwide portfolio management and underwriting capabilities of WFCF’s Healthcare Team. He built out the team’s East Coast footprint, recruited members to develop its depth of experience in healthcare finance and further strengthened the group’s national healthcare presence and capabilities. Prior to WFCF, Dufour spent 14 years with GE Capital, Healthcare Financial Services (acquired in 2015 by Capital One) in various senior risk roles, departing as the Healthcare ABL Segment Risk Leader.
Dufour’s credit risk experience includes key healthcare segments such as hospitals, skilled nursing facilities, medical devices and pharmaceuticals. His experience brings credit risk expertise across various loan products including asset-based lending, life science venture loans, SNF real estate and leveraged term loans.
With approximately $3.0 billion of invested and committed capital, White Oak focuses on:
Direct lending to middle market businesses;
Cash flow term loans, enterprise term loans, asset-based loans, factoring, equipment financings and opportunistic investments;
Primarily United States and Canada;
Growth, working capital, equipment, acquisitions, buyouts, refinancings, recapitalizations, rescue and restructurings;
All industries and sectors;
12-60 month structures;
Transaction size $10-500 million ($10-140 million hold);
Enterprise values between $50 million and $1.5 billion; and
EBITDA between $3 million and $75 million.
About White Oak
At White Oak, we understand the unique challenges facing middle market business. In 2007, when we founded our company, our aspirations were to tap into our expertise, objectivity and creativity to offer customized financing products designed to achieve our clients’ objectives. We provide a high-touch service to every client, and we bring our transparent and efficient process to each transaction.
Our mission is simple: “Financing good businesses run by strong management that has good ideas.” Our hope is to work together to finance opportunities that can make our world a better place today and for generations to come. Today we have grown to approximately 75 professionals and have underwritten 107 loans with approximately $2.9 billion in loan volume. We have financed businesses in all sectors with loan hold positions as small as $10 million and as large as $140 million. We are headquartered in San Francisco with additional offices in New York, Denver, Atlanta and Chicago. More information can be found at www.whiteoaksf.com.
White Oak is a provider of financing solutions to the healthcare industry. We help our customers improve their operational and financial outcomes by providing flexible offerings to meet their cash needs. Our experienced team delivers both quick decision making and execution on transactions. As a lender with large pools of capital to deploy, we generally hold our full loan positions to maturity. White Oak emphasizes long-term relationships with clients by providing outstanding service. We provide healthcare financing to a variety of healthcare providers including, but not limited to:
Skilled Nursing Facilities;
Home Health Agencies;
Acute Care Hospitals;
LTAC’s and Rehab Hospitals;
Healthcare Staffing and Outsourcing; and