NXT Capital Announces Expanded Partnership with Aflac Incorporated
Summary
Aflac also increased its minority equity investment in NXT by approximately $75 million to strengthen a partnership that began nearly a year ago with an agreement to manage a portfolio of middle market corporate loans.Todays announcement reinforces Aflac and NXTs mutual commitment to cultivating a long-term relationship and the enduring benefits of partnering together in two important private market asset classes."We appreciate Aflacs recognition of NXTs expertise as an asset manager, our proven, broad-based direct origination capability and rigorous underwriting process for proprietary middle market corporate and commercial real estate loans."Aflac Executive Vice President and Global Chief Investment Officer Eric M. Kirsch commented: "We are pleased to expand our relationship with NXT Capital following the success of our middle market lending program of last year.Related Links CHICAGO, Jan. 30, 2018 /PRNewswire/ -- NXT Capital announced today that it has expanded its relationship with Aflac Incorporated to include management of a portfolio of commercial real estate mortgage loans.