AssetMark Financial Holdings’ $270 million Credit Facilities


Cravath represented Credit Suisse AG, Cayman Islands Branch, as administrative agent, in connection with the arrangement of $270 million of secured credit facilities made available to AssetMark Financial Holdings, Inc.

AssetMark Financial Holdings, Inc. is a provider of investment solutions to financial advisors. The company is headquartered in Concord, California.

The facilities consisted of a $250 million term loan facility and a $20 million revolving credit facility.

The Cravath team included partner Craig F. Arcella (Picture) and associates David J. Benhamou and John Knight on banking matters, and associate Cecily Xi on tax matters. Eugene Kim also worked on banking matters.

Involved fees earner: Craig Arcella – Cravath Swaine & Moore; David Benhamou – Cravath Swaine & Moore; John Knight – Cravath Swaine & Moore; Cecily Xi – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Credit Suisse;