Nik Singhal Joins ORIX USA as Group Head of Direct Lending
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 25 2024
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Source: Newsfilter
- Appointment of Nik Singhal: ORIX Corporation USA appointed Nik Singhal as Managing Director and Group Head of Direct Lending within its Private Credit business.
- Experience of Nik Singhal: Mr. Singhal has over 26 years of credit and lending experience, previously working at BlackRock in various leadership roles.
- Organizational Restructuring: ORIX USA aligned its private credit platform into two verticals - Direct Lending and Securitized Credit, each reporting directly to Jeff Abrams.
- Direct Lending Vertical: Led by Nik Singhal, includes NXT Capital, Growth Capital, and Municipal & Infrastructure solutions for different markets.
- Securitized Credit Vertical: Led by Raviv Shtaingos, includes Structured Credit, Asset-Based Finance, and GP Solutions for various asset-backed securities and capital solutions.
Analyst Views on IX
About IX
ORIX Corp is a Japan-based diversified financial services company. It has ten business segments. Corporate Sales and Maintenance Lease segment is engaged in finance and commission business, and leasing and rental of automobiles and others. Real Estate segment is engaged in development, lease, management, facility operation of real estate. Business Investment and Concession segment is engaged in corporate investment and concession. Environmental Energy segment is engaged in renewable energy, solar panel sales and others. Insurance segment is engaged in life insurance business. Banking and Credit segment is engaged in banking and consumer loan business. Transportation Equipment segment is engaged in aircraft investment and management, and ship-related investment and loan. ORIX USA segment is engaged in finance, investment and asset management. ORIX Europe segment is engaged in asset management of global stocks and bonds. Asia and Australia segment is engaged in financing and investment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
