Encina Capital Partners, LLC was launched by Andy Salter, a former partner at Oaktree Capital Management’s Principal Opportunities Group.
Since 2016, Encina has created four de novo commercial finance platforms covering the following asset classes:
· Asset Based Lending
· Equipment Finance
· Private Credit
· Lender Finance
Two of the platforms were sold in 2021: Encina Business Credit, now Eclipse Business Capital, was acquired by Mass Mutual’s Barings LLC affiliate; Encina Equipment Finance, now Post Road Equipment Finance, was purchased by Franklin Templeton’s private credit arm, Benefit Street Partners, LLC.
Encina’s current focus is aimed at growing its two remaining platforms:
· Encina Private Credit which provides first-out and pari-passu enterprise value loans in the $10 – $50mm range to PE-sponsored & non-sponsored borrowers, and
· Encina Lender Finance which provides credit facilities in the $10 – $50mm range to commercial & consumer specialty finance companies.
Across all our product strategies, we aim to attract highly experienced management teams with relevant domain expertise and proven track records. We differentiate ourselves from our competition by providing borrowers with speed, certainty, and flexibility.
We take pride in the fact that a wide range of private equity sponsors and intermediaries have chosen to work with us on a repeat basis. Altogether we have provided in excess of $3B in commitments to more than 150 borrowers.