Westbrooke Alternative Asset Management is pleased to announce the closing of a senior secured financing facility to Christopher Finance. The funding will accelerate the next phase of Christopher Finance’s growth and allow Christopher Finance to continue to provide innovative finance solutions to attorneys.
Christopher Finance is a market leading provider of alternative funding solutions for South African attorneys, specialising in personal injury claims. Christopher Finance funds attorneys’ disbursements on a case-by-case basis, supported by a proprietary web-based software tracking and management system.
According to Brent Blankfield, Fund Manager for Westbrooke’s Income Plus Private Debt fund: “We are proud to be partnering with a quality management team who are providing unique funding solutions to South African attorneys and are looking forward to supporting the next phase of Christopher Finance’s growth. This investment reflects Westbrooke’s continued focus on providing innovative, flexible capital solutions to market leading speciality finance companies.”
Stoffel van Zyl, CEO and Founder of Christopher Finance said “Christopher Finance plays an important role in one of South Africa’s most underrated social security mechanisms, the Road Accident Fund. With the continued and growing support of Westbrooke and other institutional investors, we can ensure that these benefits reach more people, more efficiently.”
Founded in 2004, Westbrooke was established as a multi-asset, multi-strategy manager of alternative investment funds and products. Westbrooke invests and manages capital in multiple geographies on behalf of its shareholders and investors in Private Debt, Hybrid Equity, Real Estate and Private Equity / Venture Capital.
Westbrooke’s SA private debt business is a leading provider of flexible funding solutions to lower–middle market companies, entrepreneurs, investment holding companies, speciality finance companies, real estate and private equity sponsors.