AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Fifth Third and Eldridge Announce Strategic Private Credit Partnership to Enhance Clients' Financing Options
ByAinvest
Tuesday, Jul 29, 2025 9:03 am ET1min read
Fifth Third Bancorp and Eldridge have formed a private credit partnership to offer clients reliable private credit solutions. The partnership aims to enhance their ability to meet emerging and evolving needs. Fifth Third Commercial Banking head Kevin Khanna stated that the partnership will unlock new opportunities and empower clients to pursue strategic opportunities with confidence. Eldridge Co-President Nicholas Sandler added that the partnership reflects a shared dedication to excellence and a natural evolution of their engagement.
Fifth Third Bancorp (NASDAQ: FITB) and Eldridge have announced a strategic partnership to offer private credit arrangements to Commercial Bank clients. This collaboration aims to enhance both entities' ability to meet emerging and evolving financial needs, providing reliable private credit solutions to clients.Kevin Khanna, head of Commercial Banking at Fifth Third, stated that the partnership will unlock new opportunities and empower clients to pursue strategic opportunities with confidence. Nicholas Sandler, Co-President of Eldridge Capital Management, noted that the partnership reflects a shared dedication to excellence and a natural evolution of their engagement.
The program leverages the complementary strengths of Fifth Third and Eldridge to deliver flexible, forward-looking financing solutions. This initiative is expected to create new opportunities and deliver measurable value for clients and stakeholders.
Fifth Third, with a history dating back to 1858, is known for its innovation and commitment to ethical practices. Eldridge, with over $70 billion in assets under management, focuses on diversified credit, GP solutions, real estate credit, and sports & entertainment, among other investment strategies.
This partnership underscores both companies' commitment to innovation, strategic growth, and long-term value creation. The agreement strengthens their relationship, which began with Fifth Third supporting Eldridge's asset-based credit growth through building a market-leading large ticket equipment finance origination platform.
References:
[1] https://www.stocktitan.net/news/FITB/fifth-third-and-eldridge-announce-private-credit-mium7milp3wl.html
[2] https://www.marketscreener.com/news/fifth-third-and-eldridge-announce-private-credit-partnership-ce7c5fd9d180f62c
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet