Delta Financial Group, an equipment finance platform that provides capital for enterprise-level, business-critical equipment, received a structured growth investment from funds managed by Oaktree Capital Management.

The structured growth investment will empower Delta to continue executing its approach to the equipment finance and leasing market. Delta, established by a team of industry professionals and military veterans, primarily finances enterprise scale, mission-critical assets across a range of industries. The company’s core social impact objective is to engage and benefit the military veteran community.

“This partnership with Oaktree marks a significant milestone in Delta’s history and allows us to increase our reach and origination capabilities,” Robert T. Short, CFO of Delta Financial, said. “Oaktree’s scale and expertise in alternative investments, combined with Delta’s growing position as a leader in the equipment finance market, will prove complementary as we join forces to expand Delta’s portfolio of high-quality assets while providing innovative customer solutions. We are confident that this collaboration will create value for all our stakeholders and look forward to working with the Oaktree team.”

“Our investment in Delta presents a unique opportunity to partner with a team that has the proven expertise to penetrate the equipment finance market, creating value for its customers and shareholders alike,” Raghav Khanna, managing director and co-portfolio manager of the strategic credit strategy at Oaktree, said. “Delta’s seasoned leadership and experienced sales force have spearheaded an inventive go-to-market strategy, and we are excited to partner with the Delta team as the organization enters its next phase of rapid growth.”