Press Release: Aflac Global Investments to acquire stake in private credit asset management firm Tree Line Capital Partners

Dow Jones05-16

By Sabela Ojea

Aflac said it is acquiring a 40% stake in direct lender Tree Line Capital Partners.

The insurance giant said Tree Line's disciplined approach to credit underwriting aligns with its core investment principles.

Aflac's news comes a day after The Wall Street Journal reported that it was buying a 40% interest in the San Francisco-based lower middle-market direct lender.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

May 16, 2024 09:48 ET (13:48 GMT)

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