Hilco Global Asset Management

Two complementary strategies: Asset-Based Capital Solutions and Real Estate

Hilco Global Asset Management (HGAM) is a solutions-oriented investment platform focused on asset-based lending, financing, and asset acquisitions across a wide range of industries and real estate assets.

In September 2025, ORIX Corporation USA acquired a majority interest in Hilco Global, strengthening HGAM’s ability to deliver tailored capital solutions by combining Hilco Global’s asset valuation, monetization, and lending capabilities with ORIX USA’s global balance sheet and asset‑management platform.

Asset-Based Capital Solutions

Asset-Based Lending, Structured Financings, and Asset Acquisitions

HGAM’s Asset-Based Capital Solutions platform provides flexible, asset-driven financing and acquisition solutions designed to address complex and time sensitive needs across industries and business cycles.

The platform focuses on asset-based loans and asset purchases across the capital structure, leveraging Hilco Global’s deep, in-house asset valuation, monetization, and operational expertise. This differentiated approach enables HGAM to deliver customized liquidity solutions intended to maximize value while providing speed, certainty of execution, and downside protection.

Strategy Overview

Target Investments: Deal Size: Up to $300MM+, Hold Size: Up to $100MM+, Duration: Up to 5 years, Industry: Industry agnostic, Geography: U.S., U.K., Canada, Europe, Mexico, and Australia
Collateral Types: Accounts receivable, Inventory, FF&E and machinery & equipment, Intangible assets, Real estate, Esoteric assets
Structure Types: Senior revolving credit facilities, First‑lien term loans, FILO term loans, RILO (revolving‑in, last‑out) structures, Stretch ABL loans, Equipment financing, Debtor‑in‑possession (DIP) loans, Consignment
Transaction Types: Working capital solutions, Growth capital, Acquisition financing and leveraged buyouts, Restructurings and turnarounds, DIP and exit financing, Bridge loans, Secondary purchases, Asset acquisitions and elongated wind‑downs

View Hilco Global's Asset Management Page

Real Estate

Hilco Real Estate Capital (HREC) and Hilco Real Estate Finance UK & Ireland

Hilco Real Estate Capital / Hilco Real Estate Finance is a dedicated real estate credit platform providing opportunistic, flexible financing for all commercial and residential real estate across North America and the United Kingdom & Ireland. The platform specializes in complex and transitional situations where speed of execution, certainty of capital, and creative structuring are essential.

In the United States and Canada, the platform operates as HREC, providing opportunistic financing across the capital stack for transitional commercial real estate. In the United Kingdom and Ireland, the platform operates as Hilco Real Estate Finance UK & Ireland, delivering bespoke property finance solutions across a broad range of commercial and residential real estate assets.

Backed by Hilco Global and ORIX Corporation USA, the platform combines deep real estate expertise, in‑house valuation and structuring capabilities, and consistent execution over time. The platform works closely with sponsors, owners, and advisors to assess risk quickly, structure solutions efficiently, and close with confidence.

Strategy Overview

Transaction Types: Opportunistic bridge loans, Senior stretch loans, Note acquisitions, Mezzanine debt, Debtor‑in‑possession (DIP) financing
Geography: United States and Canada; United Kingdom and Ireland, with a focus on primary and secondary markets
Loan Parameters: Term: 1–4 years, Senior Loans up to~ 75% LTV, Mezzanine/ Stretch Capital: Up to ~85% LTV (capital stack dependent)
Asset Focus: Retail, Industrial, Office, Hospitality, Multifamily and residential rental, Data centers, Healthcare and medical office, Entitled land, Self storage
Lending Situations: Value‑add and repositioning, Quick‑close transactions, Partner buyouts, Acquisitions, Performing and non‑performing notes
Key Loan Terms: Fixed and floating rate options, Interest paid current, PIK, or via reserve, Recourse and non‑recourse structures

View Hilco Global's Real Estate Capital Page

View Hilco Global's Real Estate Finance UK & Ireland Page

Platform Strength & Execution Advantage

HGAM benefits from the combined strengths of Hilco Global and ORIX Corporation USA, providing clients with institutional resources, underwriting discipline, and capital certainty.

Hilco Global Advantages¹

60+ real estate professionals across multiple disciplines
10,000+ appraisals representing $10 billion+ in value
$3 billion+ in completed asset sales
Rapid underwriting driven by in‑house valuation capabilities
40+ years of trusted global client relationships

ORIX Corporation USA

Institutional credit, portfolio management, and asset management teams
Third-party investment product management capabilities
$8 billion invested in CRE bridge, mezzanine, and construction strategies²

¹ Since inception as of 12/31/2025
² As of 12/31/25. Represents all non-agency bridge loans on commercial real estate (the “Bridge Loans”) closed since January 2015 by REIS and other investment teams within ORIX USA Group that predate the formation of REIS, and Bridge Loans closed by entities that were fully or partially acquired by ORIX USA including Bridge Loans closed prior to acquisition of such entities. Current management of REIS did not underwrite or manage the Bridge Loans attributable to such predecessor entities and ORIX USA may not have acquired the loans as part of the acquisition of the entities. Further details can be provided upon request.