Our new Austin office

Nick Radow

We've always had an office in Austin from the beginning. It started as a few desks in a shared workspace but we outgrew it quickly.

This month we made it permanent, moving into a dedicated space of our own and cutting the ribbon with teammates who flew in for the opening.

The Lumonic team cutting the ribbon at the new Austin office

Cutting the ribbon at the new Austin office, August 2026.

Austin is where our implementation and customer operations team sits. They onboard new customers and support live portfolios every day.

The office has a mark of its own too. The team ran a design contest for it, and Marcos Garza's bridge won.

The Austin office mark: a longhorn over a bridge with PB, ATX, and LUM lettering

PB, ATX, LUM.

We built the new office with room to grow. If you're in Austin, come say hello.

Origination13
Capital relief18
Secondary7
Bank sources the loan, private credit fund holds the asset.
Citigroup / Apollo$25B committed
Largest relationship of its kind. Targets corporate and sponsor-backed loans in North America. Participation from Mubadala and Athene. Sep 2024.
Corporate lendingSponsor finance
JPMorgan / FS, Cliffwater, Shenkman+$65B committed
$10B balance sheet opened Oct 2024. Side-by-side model: JPMorgan originates, private credit firms invest on deals without upfront capital. Increased to $50B + $15B in Feb 2025.
Side-by-sideNon-sponsored
Wells Fargo / Centerbridge$5B+ committed
First large-scale bank-private credit JV. $2.5B equity commitments. ADIA and BCI anchored. Non-sponsored middle market. Sep 2023.
JVNon-sponsored MM
SocGen / Brookfield€10B committed
Real assets credit: power, renewables, data, midstream, transportation. Fund finance. Insurance investor base. Sep 2023.
Real assetsFund finance
BNP Paribas / Apollo (ATLAS SP)$5B committed
Securitization-focused. Investment-grade asset-backed credit. Capital markets collaboration. Sep 2024.
SecuritizationIG ABF
Barclays / AGL Credit Management
AGL Private Credit platform. Large sponsor-backed corporates. ADIA anchor commitment. Apr 2024.
ExclusiveLarge-cap sponsor
PNC / TCW$2.5B committed
Formalizes 15-year collaboration. Anchored by PNC and Nippon Life. Senior secured loans, sponsored + non-sponsored MM. May 2024.
JVMiddle market
Webster Bank / Marathon
PE-backed middle market. Senior secured loans. Three closed deals in 2024 (PK Companies, Sunbelt Modular, Shore Excursions). Jul 2024.
PE-backedSenior secured
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Origination
Capital relief
Secondary market

Asset Class

MCP

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Asset Class

MCP

Resources