Toorak Capital Partners Closes Increased KKR Investment as Company Reaches $1 Billion Milestone

Toorak Capital Partners (“Toorak”) announced that KKR has increased its investment in the company to $250 million, after initially committing $75 million in 2016. The investment comes at a momentous time for Toorak as the company recently reached the $1 billion milestone of total loans purchased since inception.

Founded in 2016 by John Beacham, Toorak invests in small balance real estate loans throughout the U.S. and the U.K., including single family rental loans, commercial and residential bridge loans. The company offers a range of efficient capital solutions through a series of loan acquisition and financing programs designed to meet the needs of its lending partners.

John Beacham, CEO of Toorak, said, “With Toorak, we saw an opportunity to provide stable, long-term capital to a fragmented industry where there is a lack of efficient financing alternatives for lenders. Our objective is – and has always been – to offer not only a wide variety of loan programs, but also to provide the highest level of service to our lending partners and borrowers while maintaining a disciplined approach to credit, and we are thrilled to have KKR’s continued support in doing so.”

Dan Pietrzak, Member of KKR Credit, added, “Our new investment is an endorsement of the phenomenal success of John and his team in building a leading real estate loan investment platform. John’s deep background and track record of success in this space has, in a short period, led Toorak to be able to substantially improve financing options in the real estate mortgage market. We are proud of this initial $1 billion milestone for the company and look forward to celebrating many future milestones together.”

For KKR, the investment was primarily funded by KKR Private Credit Opportunities II. Since its launch, Toorak has invested in more than 3,500 loans in 43 U.S. states and throughout England and Wales.

About Toorak Capital Partners

Toorak Capital Partners, is a leading provider of third party capital to the small balance business purpose real estate lending industry in the United States. Toorak recently launched an expansion into the United Kingdom that has been well received by the market. The Company offers a range of efficient capital solutions through a series of loan acquisition programs that are designed to meet the needs of its lending partners. Further information is available at www.toorakcapital.com.