NewStar Financial, Inc. operates as a specialized commercial finance company. The company focuses on meeting the complex financing needs of companies and private investors in the middle market. The company is also a registered investment adviser and provides asset management services to institutional investors through a series of managed credit funds that co-invest in certain types of loans originated by the company. Through its specialized lending platforms, the company provides a range of senior secured debt financing options to mid-sized companies to fund working capital, growth strategies, acquisitions and recapitalizations, as well as purchases of equipment and other capital assets. Lending Groups The company’s lending activities are organized into four specialized lending groups: Leveraged Finance, Business Credit, Real Estate, and Equipment Finance. Leveraged Finance Through its Leveraged Finance group, the company provides senior, secured cash flow loans, and to a lesser extent, second lien and unitranche loans, to middle market companies. These companies are backed by established private equity groups that manage large investment funds and have proven investment track records. The Leveraged Finance group also provides senior secured loans to larger middle market companies with greater financing needs by participating in larger credit facilities with other lenders as a member of a syndicate. The company’s bankers call directly on prospective clients and referrals sources from this network of offices. They have established relationships with a range of prospective customers and referral sources, including approximately 200 private equity groups with investment strategies focused on the middle market, mid-sized companies, corporate executives, banks, other non-bank ‘club’ lenders, and investment banks. The company offers a range of senior debt financing options, including revolving credit facilities, term loans and other debt products secured by various business assets. It targets mid-sized companies operating in a range of industries, including: healthcare; manufacturing and industrial; financial services; energy/chemical services; printing/publishing; consumer, retail and restaurants; and business and technology services. Business Credit Through its Business Credit lending group, the company provides working capital financing to asset-intensive companies that typically borrow against the value of their inventory and accounts receivable. These asset-based loans also are used to support other business purposes, including acquisitions and recapitalizations, as well as growth strategies. The company provides revolving credit facilities in amounts linked to borrowers’ expected working capital needs and also provides term loans backed by longer term assets and other excess collateral. The company develops lending opportunities and sources transactions through a network of relationships with corporate executives, private equity firms, intermediaries, turnaround consultants, banks and other referral sources. With its main Business Credit office in Dallas and marketing offices in Boston, Chicago, Los Angeles, Portland and San Francisco, the company has a national asset-based lending origination platform capable of originating significant loan volume. The company targets mid-sized companies in various asset-intensive industries for its asset-based loans including: business services; auto/transportation; marketing; retail; general manufacturing; wholesale distribution; and technology. The company’s asset-based credit products include the following: revolving lines of credit; and senior secured term loans. Real Estate The Real Estate group provides first mortgage, transitional financing to professional real estate investors and developers to acquire and reposition commercial properties typically valued between $10 million and $50 million. The company sources its commercial real estate loans primarily through property investors, specialized commercial real estate brokers, regional banks and other financial intermediaries, as well as through its strategic partners. The company has a select
newstar financial inc (N5F:Berlin)
500 Boylston Street
Boston, MA 02116
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