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0 -0.000347134561979162 -0.00145165362282246 -0.000631153749053233 -0.00265084574602365 -0.00321888412017162 -0.00347134561979287 -0.000883615248674491
Stock impact report

Stifel (SF) Joins Lord Abbett to Form SBLA Private Credit [Yahoo! Finance]

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: Yahoo! Finance
This new entity will concentrate on origination and management of existing loans to small and mid-sized portfolio companies of financial sponsors, thus, augmenting the existing capabilities of both firms. Lord Abbett, founded in 1929, is an independent, privately held asset manager and is one of the oldest money management firms in the United States, managing a diverse range of assets, including U.S. mutual funds, and institutional and separately managed accounts for clients globally. It has been managing leveraged credit since 1971. SBLA Private Credit integrates two of the industry's most established brands, offering extensive middle-market coverage and renowned for their strategic growth and disciplined risk management. Through the combination of Stifel's robust full-service platform and established direct lending proficiency with Lord Abbett's solid leveraged credit presence and substantial capital base, SBLA Private Credit remains uniquely poised for success in the existing o Show less Read more
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