Wells Fargo's (WFC) direct lending partnership with Centerbridge Partners has arranged $2 billion in deals since the beginning of 2025, Bloomberg News reported Monday, citing a statement it has seen.
The Overland Advantage business development company has led nine deals alongside Wells Fargo so far, bringing its total amount deployed to-date to $4.8 billion, the news outlets reported.
Overland is managed by a Centerbridge-controlled entity, with Wells Fargo holding a non-controlling minority interest, according to the report.
Well Fargo didn't immediately reply to MT Newswires' request for comment.
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