Oaktree-backed GA Group launches direct lending platform

Great American Holdings has acquired a risk solutions business and begun managing third-party assets focused on asset-based lending.  

Oaktree Capital Management-backed Great American Holdings, an advisory, valuation services, investment and lending business, has acquired a risk solutions business and launched an asset-based direct lending platform geared to outside investors.

Terms weren’t disclosed for the purchase, nor was the size of Oaktree’s anchor investment in the lending platform.