A top 10 global insurance company had built a large, fast-growing direct lending portfolio but lacked a dedicated agent to coordinate payments across the many lenders participating in each loan. Oak Branch Advisors stepped in as agent, using PCS/1 to bring order, accuracy, and timeliness to a program that had outgrown its original operating structure.
Seeking yield beyond what traditional fixed income could offer, the client had grown its direct lending program substantially. The strategy was working, but the operations behind it had not kept pace with its scale. On any given loan, more than a dozen lenders could be participating, a mix of internal affiliates and external investment managers and insurers, and there was no single party responsible for directing and reconciling payments across all of them.
As the number of loans and participating lenders grew, so did the operational risk. Ensuring every party received simple, timely, and accurate payments was becoming harder to guarantee without dedicated systems and processes in place.
Oak Branch Advisors was engaged as an agent to direct and reconcile remittances across the full lending group. Rather than the borrower coordinating disbursements to each lender individually, payments were routed through a single omnibus account, with Oak Branch Advisors managing allocation and distribution to each participant from there.
During onboarding, our team reviewed the closing documents for each loan and extracted the key terms and conditions needed to model the transaction’s cash flows within PCS/1. Borrower notices were prepared on the client’s own letterhead and distributed to each borrower and lender with their specific allocations.
The client gained a single, reliable point of coordination across a lending structure that had become too complex to manage informally. Payments across every participating lender became simple, timely, and accurate, giving the client the operational confidence to continue growing the program.
A single omnibus account structure replaces fragmented, lender-by-lender disbursement, reducing coordination risk.
Loan terms and cash flow structures are extracted and modeled directly in PCS/1 at onboarding, forming the basis for every subsequent payment cycle.
Borrowers and lenders receive invoices at least 10 days ahead of each payment date, giving every party time to review and raise questions before funds move.
This approach fits insurance companies and other institutional investors running direct lending programs with multiple participating lenders per transaction, particularly where the operational side of the program has not scaled at the same pace as the investment strategy.
Serving as agent on a global insurer’s direct lending book — orchestrating payments and reporting across a dozen or more lenders on every facility.
Our process is built to handle transactions with numerous participating lenders, including a mix of internal affiliates and external managers or insurers, on a single loan.
Borrowers and lenders receive invoices at least 10 days ahead of each payment date, giving every party time to review terms before funds move.
