We are pleased to announce the upsize of our forward flow loan purchase program with Affirm. Liberty Mutual Investments Managing Director and Head of Alternative Credit John Kim said, “Liberty Mutual Investments’ ability to invest across the capital structure with a single-client focus allows us to flexibly provide solutions and scale to our long-term partners, like Affirm. We look forward to further strengthening our partnership as this collaboration expands.”
We’re thrilled to announce the expansion of Affirm and Liberty Mutual Investments’ capital partnership. Liberty Mutual and Affirm have been partners since 2019 and entered into a forward flow agreement in 2023. Extending the partnership through June of 2027, Liberty Mutual will purchase up to $750 million in Affirm loans via the expanded forward flow, and expects to invest up to $5 billion in the program. Affirm’s Chief Capital Officer Brooke Major-Reid said: “Affirm’s mission to deliver honest financial products that improve lives is premised on driving positive credit outcomes, having access to deep and diverse pools of committed capital, and leveraging the power of partnerships across our network. With a strong partnership spanning six years, we are excited to take this next step with Liberty Mutual Investments. We will continue to invest in our long-term capital partnerships as we advance our ambitious growth plans.” Learn more here: https://bit.ly/4h9YB5e