A Japan-based unit of insurance giant Aflac has acquired a 40 percent minority stake in Tree Line Capital Partners, a lower mid-market direct lender based in San Francisco.
The insurance giant has its world headquarters in Georgia, in the US, but has a large presence in Japan. Bradley E Dyslin, executive vice-president and global chief investment officer for the Aflac unit involved, said in a press release that the deal is part of Aflac’s growth strategy to make use of its scale, and its ability to outsource.
