Mesirow has acquired Bastion Management, an asset-backed specialty finance lender.
Founded in 2013 and based in Stamford, Conn., Bastion is a private credit manager that focuses on the asset-backed specialty finance space, lending to the lower middle market across sectors and geographies and creating bespoke financing solutions that seek compelling returns with robust downside protection. The firm serves a sophisticated investor base of endowments, institutional investors, family offices and high-net-worth individuals and has completed 50-plus transactions totaling more than $2 billion in commitments over the past 13 years.
