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October 2020

Allianz Global Investors joins ADF as new funding partner

Alternative Distribution Financing Ltd. (ADF) is pleased to announce the addition of Allianz Global Investors as a new funder.

Allianz Global Investors will be investing in selected ADF-led transactions, including uninsured accounts payable based financing programs. The recently signed agreement also covers investments in accounts receivable based financing programs in multiple currencies.

“We have decided to invest in programs established by ADF based on its expertise in the selection, setup and on-going management of transactions in the trade finance space”, said Mike McGill, Portfolio Manager Alternatives, Allianz Global Investors. “Partnering with a market leader like GSCF-ADF enables us to source transactions that match our investors’ appetite for the asset class and further broadens our fund’s access to the trade finance market.”

Kendall Stevens, CEO of GSCF Group commented: “We are pleased with the addition of Allianz Global Investors to our specialized multi-funder entity and we trust that it will enable ADF to cover a wider range of financing structures. We are confident that this is the beginning of a successful and long lasting partnership that will contribute to the further development of Trade Financing”.

To learn more about ADF, please contact us.