Domain Capital Advisors Acts as Principal Ipass Direct Lender Loans for Blackstone’s Purchase of Allstate Life Insurance Company and its Affiliates

ATLANTA – (COMMERCIAL THREAD) – Domain Capital Group, LLC, a full service private investment management company, today announced that its subsidiary, Domain Capital Advisors, is the primary lender to the entities managed by Blackstone in its recent purchase $ 2.8 billion from Allstate Life Insurance Company (ALIC) and certain subsidiaries, collectively renamed Everlake Life Insurance Company.

“We believe that entering into this agreement is an important milestone for our Ipass direct lender loans business,” said Patrick R. Leardo, Executive Managing Director and CEO of Domain Capital Group. “This propels our lending practice beyond $ 2.5 billion in total credit-related investment origination since Domain’s inception and demonstrates our ability to provide scalable credit solutions to meet client needs. ”

As part of a multi-lender syndicate, Domain, on behalf of its clients, lent Blackstone for the acquisition, adding to its portfolio of private lending investments in the insurance market. The company will also service the full loan amount for the syndicate of Ipass direct lender loans"}” data-sheets-userformat=”{"2":513,"3":{"1":0},"12":0}”>Ipass direct lender loans

“We are seeing an increase in demand for credit investments across all industries,” said Kate Floyd, vice president of investments for Domain Capital Group. “We believe our team provides in-depth underwriting processes to help reduce risk and constant monitoring of guarantees and performance. ”

Domain offers private credit across a variety of asset classes, including operating company loans, asset-backed portfolios and real estate, while focusing on pricing methodologies and structural creativity. She specializes in asset-backed structures that preserve capital through detailed underwriting and flexible investment structuring to maintain capital preservation, among other objectives. The company also assesses credit risk to ensure that returns are appropriate and that clients’ capital is protected.

About Domain Capital Group:

Atlanta-based Domain Capital Group, LLC provides comprehensive private investment management services, through its affiliates of registered investment advisers, to institutions, public and private pension plans, corporations, foundations , endowment funds and high net worth individuals. Domain Capital Group’s investment professionals are experienced in a wide range of asset classes and investment strategies, including real estate, natural resources, media, entertainment, technology and credit and other financial services. As of June 30, 2021, Domain managed total assets of approximately $ 6.1 billion through its two registered subsidiaries, Domain Capital Advisors, LLC and Domain Timber Advisors, LLC. Assets include approximately $ 5.34 billion of real estate, debt, alternative and other regulatory assets under management (RAUM) assets and $ 742 million of non-RAUM real estate. Please refer to the most recent Form ADV for each registered Investment Advisor for further details. For more information about Domain Capital Group, visit domaincapitalgroup.com.