Northleaf closes $450M asset-based specialty finance fund

What's the deal? NorthleafDealroom has a profile for this one. Try Dealroom → has reached the final close of its inaugural asset-based specialty finance fund, securing approximately US$450 million in commitments including co-investment vehicles. The strategy focuses on specialised assets such as entertainment royalties, legal assets, healthcare receivables and factoring.

Why it matters. The fund builds on Northleaf's asset-based specialty finance platform, which has invested approximately US$1.4 billion across 21 investments since 2018. Northleaf also appointed JD Gettmann as managing director and global head of asset-based specialty finance.

Read more: Business Wire