Financial Assets Advisors, L.L.C. originates over $100,000,000 in loans to healthcare related companies
Minneapolis, Minnesota – January 9, 2012: Financial Assets Advisors, L.L.C. was founded by Lorna Gleason and Luis Meade to assist institutional investors expand their loan portfolio into the healthcare sector. With over 50 combined years of experience in financial services, and 18 years focused in the healthcare sector, the principals of FAA source, underwrite, and place participations in middle market senior secured credit facilities to healthcare service providers.
After one full year of operations, Financial Assets Advisors has advised on over $100 million in commitments in syndicated senior secured credit facilities to healthcare service providers, currently generating a yield of approximately 6.9% on funded assets. Financial Assets Advisors is continually seeking additional investors interested in building a similar portfolio.
Financial Assets Advisors seeks on behalf of investors participation in credit facilities to healthcare service providers demonstrating the following characteristics:
Adds value to the healthcare system through cost reductions in delivery of care and/or enhances quality of care
Well tested management with a stake in the success of the company
Leadership position with size and scale in their sector with EBITDA in excess of $15 million
Proven record of profitable growth
Operationally efficient as compared to other participants in the sector
Capital structure, ownership, and free cash flow that provides for continued investment and operating flexibility