Private Equity
NEW YORK, Feb. 24, 2021 /PRNewswire/ -- Aflac Global Investments, the asset management subsidiary of Aflac Incorporated, announced today that it is partnering with Sound Point Capital Management, LP (Sound Point) to create a new asset management business focused on the real estate loan market. Aflac Global Investments has made an initial $1.5 billion allocation to the newly created Sound Point Commercial Real Estate Finance, LLC, with $500 million of this amount dedicated to providing transitional and other debt financing to support economically distressed communities designated as Qualified Opportunity Zones.