Capital One has been named the No. 1 lead arranger for healthcare leveraged loans up to $1 billion in size, according to Thomson Reuters. With the recent acquisition of GE Capital’s Healthcare Financial Services lending business, which has held the top spot for the past three years, the newly combined Capital One Healthcare organization leads the industry with over $11 billion in total outstanding balances. The team supports companies in three broad areas, including corporate finance, real estate finance and venture debt for life sciences companies, and together closed more than 200 transactions in 2015.
Capital One Healthcare is active across 45 healthcare sub-sectors – including long term care, pharmaceuticals, medical devices, hospitals and outpatient services, healthcare IT, medical properties and life sciences—financing acquisitions, recapitalizations, working capital needs and funding early-stage commercialization efforts.
“2015 was truly a landmark year as we united two exceptional teams,” says Darren Alcus, President, Capital One Healthcare. “We’re excited about the opportunities this will create as we bring together a best-in-class group of domain experts and continue to deliver critical financial solutions for our clients.”
“Throughout 2015 we saw sustained growth in the healthcare marketplace despite a dynamic environment,” he adds. “Entering 2016 we look forward to ample opportunities across the industry. We expect many high-profile consolidations and additional investments in technology as companies seek new ways to provide quality outcomes for consumers. Our team is well positioned to provide clients with flexible solutions, backed by the resources of a top 10 U.S. bank.”
