ClosedPublished 22 Oct 2026

Oakley Capital /
Global Loan Agency Services

Oakley Capital completes its purchase of loan agency firm GLAS from LLCP

Price
$120bn
Stage
Closed
Seller
LLCP
Sell side: LLCP
Sell sideLLCP
Source · 22 Oct 2026
Sell side: LLCP
Sell sideLLCP
01 / BuyerOakley CapitalInvestor page: Oakley Capital
02 / SellerLLCPInvestor page: LLCP
03 / TargetGlobal Loan Agency Services

Sponsor to sponsorLLCP to Oakley Capital.

Both the buy side and the sell side of this deal include an investment firm.

01

What happened

LLCP has finished selling Global Loan Agency Services, the London-based independent provider of loan agency and trustee services, to Oakley Capital, a European private investment firm. The deal has cleared all regulatory approvals. Financial terms were not disclosed.

Under LLCP, assets under administration at GLAS grew from about $120 billion in 2021 to over $920 billion. Founder and CEO Mia Drennan leads the company into its next phase with Oakley Capital. It is the second exit for LLCP Europe II SCSp.

02

The source

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01
Source · Source

Oakley Capital completes its purchase of loan agency firm GLAS from LLCP

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03

Timeline

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04

Deal Web

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Deal Web · 3 firms · 0 peopleHover a name to see how it connects
This dealOakley Capital / Global Loan Agency ServicesClosed · Published 22 Oct 2026
BuyerOakley CapitalTargetGlobal Loan Agency ServicesSellerLLCP
This dealOakley Capital / Global Loan Agency Services

Closed · Oakley Capital / Global Loan Agency Services deal (Closed, published 22 Oct 2026).

Published 22 Oct 2026
Timeline
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Deal Web as a list
  • Oakley Capital (Buyer) buyer this deal. Oakley Capital: 1 deal on Carrywatch.
  • Global Loan Agency Services (Target) target this deal. Global Loan Agency Services: 1 deal on Carrywatch.
  • LLCP (Seller) sold this deal. LLCP: 1 deal on Carrywatch.