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BMO and Canal Road Group Form Strategic Partnership to Provide Direct Lending to Upper Middle-Market Companies
Jan 10, 2025•over 1 year ago
Contract Type
partnership
New YorkFinancial ServicesLending
Description
BMO and Canal Road Group announced a strategic partnership to invest up to $1 billion in capital for direct lending strategy. The partnership aims to broaden clients' access to private lending capital pool with scale and capacity to provide funding for critical transactions.
Company Information
Company
BMO and Canal Road Group
Location
New York, New York, United States
About
BMO (NYSE: BMO) and Canal Road Group ("CRG") are entering into a strategic partnership to provide direct lending to upper middle-market companies. CRG is an alternative asset manager specializing in originating, underwriting, and managing portfolios of senior secured corporate debt investments for companies in North America.
Predictive Intelligence
Strategic
ML-powered predictions for BMO and Canal Road Group's next move