$1.8+ Billion in Capital Deployed
29 New Platform Transactions
15 New Sponsor Relationships
7 Credit Facility Upsizes
50+ DDTL Fundings to Existing Borrowers
Oxford’s Leveraged Lending Group had a record year with over $2.5 billion in new capital commitments in 2025, and $1.8 billion in capital deployed to new and existing borrowers. Proceeds were used to support LBOs, refinancings, M&A and growth initiatives. We completed 29 platform investments that were made alongside 15 new private equity relationships, as well as new and follow-on investments with repeat sponsor clients. The Group’s business services & technology vertical coverage, launched in 2024, generated almost $1 billion of the new commitments, with the remaining investments made in healthcare services & life sciences sectors.
In anticipation of continued growth, Oxford hired several new team members. Eric Veale, based in our San Diego office, and Rafal Rydzewski, based in our New York office, recently joined as Senior Directors to expand our sponsor coverage & origination capabilities. Austin Parker and John Joyce, both based in our San Diego office, joined as Directors earlier in the year and support underwriting & portfolio management.
Looking ahead, we expect middle market M&A activity to increase in 2026 and for debt capital markets to remain competitive. We remain excited about the opportunities ahead for private credit and to further build relationships with our portfolio of borrowers and private equity investors who recognize Oxford’s value-added knowledge, flexible capital solutions, and efficient execution capabilities.
SELECT Q4-2025 TRANSACTIONS:
December 2025: Oxford acted as the administrative agent in the funding of a senior credit facility to support the acquisition of a leading regional provider of emergency and non-emergency ground ambulance services by Grant Avenue Capital.
December 2025: Oxford acted as the administrative agent in the funding of a senior credit facility to refinance debt and provide growth capital for a provider of private duty nursing and home health services to pediatric and adult patients backed by Bow River Capital.
December 2025: Oxford acted as the administrative agent in the funding of a senior credit facility to refinance debt for a turnkey infrastructure solutions provider to the telecommunications market backed by Bow River Capital.
December 2025: Oxford acted as the administrative agent in the funding of a senior credit facility to refinance debt for a provider of marine infrastructure specialty equipment rental and sales solutions backed by CenterGate Capital.
November 2025: Oxford acted as the administrative agent in the funding of a senior credit facility to support Blue Jay Capital’s recapitalization of a premier provider of specialized cold chain transportation and logistics solutions for the pharmaceutical & life science industries.
November 2025: Oxford acted as the administrative agent in the upsize of an existing credit facility to finance M&A and growth initiatives for a leading network of emergency, specialty, and primary care veterinary hospitals backed by Chicago Pacific Founders.