Webster Bank And Marathon Asset Management Announce Private Credit Joint Venture, Which Will Deliver Direct Lending Solutions To Sponsor-Backed Middle Market Companies
Portfolio Pulse from Benzinga Newsdesk
Webster Financial Corporation (Webster Bank) and Marathon Asset Management have announced a private credit joint venture to provide direct lending solutions to sponsor-backed middle market companies.
July 01, 2024 | 1:20 pm
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Webster Financial Corporation (Webster Bank) has entered into a private credit joint venture with Marathon Asset Management to provide direct lending solutions to sponsor-backed middle market companies.
The joint venture is likely to enhance Webster Financial Corporation's service offerings and market reach, potentially leading to increased revenue and positive investor sentiment.
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