Bringing you live news and features since 2006 


B Riley Financial launches Great American Capital Partners


B Riley Financial has formed Great American Capital Partners (GACP) with an anchor investment from Corporate Capital Trust, a business development company advised by CNL Financial Advisors Company and KKR Credit Advisors (US) LLC.

GACP will focus on providing asset-based debt opportunities targeting lower middle market companies. It will utilise the wide array of diversified financial and business advisory services provided by the B Riley Financial platform, which includes a network of over 200 finance professionals for proprietary deal flow sourcing and in-house valuation and appraisals expertise. GACP is led by John Ahn, President, and Stuart Armstrong, Chief Investment Officer.

"GACP will provide responsive debt capital to support the underserved middle market with non-traditional and opportunistic capital by leveraging B Riley Financial's unparalleled origination platform to source proprietary transaction opportunities," says John Ahn, President of GACP.  "Additionally, our affiliate, Great American Group, gives us unmatched access to in-house, market leading appraisal and valuation expertise. This insight into asset and collateral values, combined with B Riley & Co's award winning equity research and capital market capabilities, will enable GACP to provide significant flexibility in lending structures."

"We are pleased to partner with GACP and B Riley Financial to expand their asset-based lending platform. The GACP team has developed a strong track record of originating complex asset-based loans. The alignment with GACP complements our focus to leverage proprietary resources to further build and execute on opportunities within the credit space," says Dev Gopalan, Director and Head of US Private Credit for KKR.

"We believe there's tremendous opportunity to  grow our asset management business further," says Bryant Riley, Chairman and CEO of B Riley Financial, Inc. "The addition of GACP, which includes a key investment from KKR's Credit business, broadens B Riley Financial's robust financial service offerings and augments our goal  of providing truly tailored and collaborative financial solutions." 

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by