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The Daily Read on Semi-Liquid Funds
Friday, September 18, 2026The Morning Brief →Sign in
asset manager

Toorak Capital

In PWD coverage since August 27, 2026 · 2 stories
2Deals on our tracker
Deal recordFull tracker →
Aug 26, 26Deal announcedVelocity Financial — coverage
Aug 26, 26Deal announcedVelocity Financial · $3B — coverage
PWD coverage
direct_lending

Velocity takes on Toorak's $3bn book and buys the platform that runs it

Velocity Financial is acquiring KKR-backed Toorak's business-purpose lending platform and taking over management of its $3bn loan portfolio, a consolidation play in direct lending.
debt · Aug 27Velocity buys Toorak's platform; unnamed buyer takes the loans
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