Encina Capital Partners and Oaktree Affiliate Launch New Independent Asset-Based Lending Platform

Encina Capital Partners, an investment firm focused on specialized lending and leasing platforms, and an affiliate of certain funds managed by Oaktree Capital Management, L.P. (“Oaktree Investor”) announced today that they have launched Encina Business Credit, LLC (EBC), a new independent asset-based lending (ABL) platform targeting middle-market borrowers in the U.S. and Canada that cannot obtain required financing from traditional banks.