Press Release - Golub Capital

NEW YORK, April 1, 2025 – Golub Capital has been named to Newsweek’s list of America’s Greatest Midsize Workplaces 2025, a recognition that highlights the Firm’s ongoing commitment to its employees and culture.

“We are honored by this recognition, which reflects our focus on nurturing a “Gold Standard” culture where our people can continuously grow and excel,” said David Golub, President of Golub Capital.

This award honors the top midsized workplaces in the United States that are leading the way in workplace excellence. Companies named to this list were assessed against a wide range of impactful factors, including leadership, integrity, compensation, career development, culture & belonging and work-life balance, offering a comprehensive view of workplace performance and employee satisfaction.

This recognition follows a rigorous five-part evaluation conducted by Newsweek and Aniline, which included media monitoring and independent validation¹. Additional methodology was comprised of an in-depth analysis of 3.5 million employee reviews, along with publicly available data, evaluating companies across key factors including workplace environment, career development and overall employee satisfaction.

About Golub Capital
Golub Capital is a market-leading, award-winning direct lender and experienced private credit manager. We specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. Our sponsor finance expertise also forms the foundation of our Broadly Syndicated Loan and Credit Opportunities investment programs. We nurture long-term, win-win partnerships that inspire repeat business from private equity sponsors and investors.

As of January 1, 2025, Golub Capital had over 1,000 employees and over $75 billion of capital under management, a gross measure of invested capital including leverage. The firm has offices in North America, Europe and Asia. For more information, please visit golubcapital.com.

Based on independent point-indexing scoring method from employee review websites. The 2025 award was given on April 1, 2025. Golub Capital provided Newsweek with de minimis compensation to accept the award.

NEW YORK, March 3, 2025 – Golub Capital was recognized by Private Debt Investor (PDI) as Lender of the Year, Americas in 2024 for the fourth consecutive year and eighth time overall.

“Winning PDI awards over and over is a great example of the kind of “good boring” that we aspire to at Golub Capital. We’re very proud of this, our 25^th PDI award, and we are very thankful to all our partners for their continued support for 30 years and counting,” said David Golub, President of Golub Capital.

This latest award marks a milestone 25^th PDI award win for Golub Capital since 2014. Previous wins include Lender of the Decade, Americas and Senior Lender of the Decade, Americas in 2023. Golub Capital has also received six PDI awards for Senior Lender of the Year, Americas and four PDI awards for BDC Manager of the Year, Americas.¹

The annual PDI Awards recognize fund managers, investors and those working in advisory roles assisting the global private debt industry that have set the benchmark during the year, as decided on by the PDI editorial team.

Award won in 2024 was determined by committee vote. Awards won in 2023 or prior are based on the number of votes cast on Private Debt Investor’s website, where the peer group consisted of firms that applied or were nominated. All awards given on March 1st – March 3rd of the following year and based on the period of January 1st to September 30th of the referenced year. In 2017, 2016 and 2015 the BDC award category was called BDC of the Year, Americas. Golub Capital has provided de minimis compensation to PDI to promote award wins.

NEW YORK, February 27, 2025 – Golub Capital was awarded ‘Best Performance’ in the Private Debt Mid Cap asset class by Korea Economic Daily (KED) in their 2024 Best Asset Managers Awards.

The awards acknowledge the top performing asset managers based on a comprehensive survey of asset owners in Korea including pensions, sovereign wealth funds, mutual aids, insurance companies and major banks. Winners are determined across three categories – Performance, Operational Excellence and Client Service.

“We are proud to be recognized for our consistent performance by our Korean clients and investors,” said David Golub, President of Golub Capital. “At Golub Capital, we are committed to “Good Boring”, which is rooted in two principles – producing consistent results through a honed set of competitive advantages in all market conditions and a dedication to nurturing our partnerships. We look forward to continuing this focus in the Korean market.”

“We are honored to recognize Golub Capital with the ‘Best Performance’ award in the Private Debt (Mid Cap) asset class for 2024. This achievement reflects their outstanding performance in a highly competitive selection process involving major institutional investors in Korea. Through these awards, we express our sincere gratitude to global asset managers for their vital role in optimizing risk-adjusted returns to Korean investors.” said Byungyun Yoo, Publisher & Managing Editor of The Korea Economic Daily Global Edition.

Golub Capital was named ‘Best of the Best’ Asset Manager in 2023, Best Asset Manager in the Operational Excellence category in 2022 and Best Asset Manager in the Best Performance category in 2020 respectively for the Private Debt asset class.

About Golub Capital

Golub Capital is a market-leading, award-winning direct lender and experienced private credit manager. We specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. Our sponsor finance expertise also forms the foundation of our Broadly Syndicated Loan and Credit Opportunities investment programs. We nurture long-term, win-win partnerships that inspire repeat business from private equity sponsors and investors.

Closed $27+ Billion in Financing Commitments, Most Since 2021
Raised a Record $15+ Billion in New Investment Capital
Launched Nonprofit Board Fellows Network with 7 Leading Business Schools

NEW YORK, January 16, 2025 – Golub Capital announced that 2024 was marked by solid investor performance, strong deal activity with private equity sponsors, record fundraising, continued global expansion and growth in its impact philanthropy programs. For Golub Capital, 2024 represented another year of delivering consistent results for its stakeholders, demonstrating the reliability the Firm highlighted in the theme of its annual investor conference: “30 Years of Good Boring.”

“At Golub Capital, we have built our business around the belief that relationships matter, and we seek to strengthen our relationships by delivering so reliably for our partners that it is a bit boring— but in a good way,” said David Golub, President of Golub Capital. “We are pleased that in 2024 we were again successful in serving the needs of our investors, private equity firm clients, other business partners and our team. As we look ahead to the next 30 years and beyond, we are especially thankful to our clients, many of whom we have worked with for decades, for their enduring partnership. We are also excited about where we are headed. Our team, now over 1,000-strong, is well-positioned to keep raising the bar for excellence in private credit.”

2024 Highlights, based on preliminary results:¹

Golub Capital provided compelling financing solutions tailored to private equity sponsors’ needs while remaining highly selective.

Closed $27.8 billion in financing commitments to existing portfolio companies and new originations across a broad range of transaction sizes and facility types
Continued to expand deal activity in Europe, closing $2.5 billion in financing commitments in 2024
Was lead lender on approximately 90% of its middle market transactions since 2013

Golub Capital sustained its long track record of low credit losses and attracted record capital from a broad range of investors globally.

Delivered strong credit performance, continuing a 20-year track record of average annual payment default rates well below the broadly syndicated loan index²
Raised a record $15.5 billion in new investment capital and closed the Firm’s largest Credit Opportunities fund to-date, with $2 billion of investable capital³
Executed a record $14.9 billion of securitizations. Golub Capital was the #1 issuer of U.S. middle market CLOs and the #3 issuer of CLOs in the U.S. overall.⁴

Golub Capital continued to expand its client service capabilities across investor segments and grew its global footprint with a local presence in key international markets.

Added senior hires to support the Firm’s growing investor base in Asia and the Middle East; opened a new office in Tokyo; and announced plans to open an office in Abu Dhabi.
Expanded in Private Wealth, providing more investors with access to Golub Capital’s private credit expertise. Golub Capital Private Credit Fund (“GCRED”) ended the year with assets over $4 billion.
Launched our Insurance Solutions team to enhance our capabilities for insurance companies

Golub Capital further expanded its impact philanthropy program.

Launched the Golub Capital Nonprofit Board Fellows Network with seven leading business schools to prepare MBA candidates and alumni to become impactful nonprofit board members
Established the Golub Capital Social Impact Investment Education Fund via a multi-year partnership with the New York University Impact Investment Fund to support students at NYU Stern, NYU Wagner and NYU Abu Dhabi with hands-on experience managing an impact investing fund

Preliminary results are good faith estimates based on available data as of January 6, 2025. Actual data may differ materially from final closing numbers.
A loan is classified as a payment default if there is an uncured payment default with respect to principal or interest. The broadly syndicated loan index is represented by the default rate of the Morningstar LSTA US Leveraged Loan Index, measured by principal amount. The Morningstar LSTA US Leveraged Loan Index is a market value-weighted index designed to measure the performance of the U.S. broadly syndicated loan market based upon market weightings, spreads and interest payments. The Morningstar Indexes are the exclusive property of Morningstar, Inc. Morningstar, Inc., its affiliates and subsidiaries, its direct and indirect information providers and any other third party involved in, or related to, compiling, computing or creating any Morningstar Index (collectively, “Morningstar Parties”) do not guarantee the accuracy, completeness and/or timeliness of the Morningstar Indexes or any data included therein and shall have no liability for any errors, omissions, or interruptions therein. None of the Morningstar Parties make any representation or warranty, express or implied, as to the results to be obtained from the use of the Morningstar Indexes or any data included therein.
New investment capital reflects equity capital raised by product, multiplied by a product-specific target leverage factor.
Source: Creditflux’s “US MM CLO Rankings – FY 2024.” Data as of December 31, 2024.

Private equity-backed companies see sixth quarter of profit margin expansion.

The Golub Capital Altman Index can provide early insight into financial performance of public companies and GDP in advance of earnings season.

NEW YORK, January 8, 2025 – Middle market private companies in the Golub Capital Altman Index grew earnings by 9% during the first two months of the fourth quarter of 2024. Revenue grew 6% during the same period.

Lawrence E. Golub, CEO of Golub Capital, said, “Revenue and earnings growth remained strong for companies in the Golub Capital Altman Index for the ninth consecutive quarter. The Consumer sector of the Index stands out for posting higher revenue and earnings growth rates in Q4 than in any other quarter of 2024. The solid performance of Consumer companies in our sample paints an encouraging picture of the U.S. consumer. We highlighted in prior quarters that the balance of headwinds and tailwinds facing consumers would be an important dynamic for investors to watch in the second half of 2024. Our early look at Q4 results suggests that the tailwinds from continued low unemployment, healthy wage growth, lower energy prices and lower interest rates prevailed. Looking forward, the health of the U.S. consumer may call for a slower pace of interest rate cuts than expected: one closer to the path implied by current Fed futures market prices than to the most recent Fed dot plot.”

Dr. Edward I. Altman said, “The consistency of revenue and earnings growth rates across sectors points to broad-based economic strength in Q4. Profit margins also continued to expand, as aggregate earnings growth materially outpaced aggregate revenue growth for a sixth consecutive quarter. We note that Consumer sector performance in Q4 could be even better than it looks from the strong performance of companies in our sample, as our data does not capture the robust holiday season spending in December. That said, we encourage investors to remain vigilant about performance dispersion within sectors and within portfolios; strong median performance does not tell the whole story, and skill at avoiding problem credits and at managing them effectively when they occur are critical differentiators of long-term investor performance.”

The Golub Capital Altman Index (“GCAI”), which is produced by Golub Capital in collaboration with credit expert Dr. Edward I. Altman, is the first and longest-running index based on actual revenue and earnings (defined as earnings before interest, taxes, depreciation and amortization, or “EBITDA”) for middle market companies. It measures the median revenue and earnings growth of approximately 110–150 private U.S. companies in the loan portfolio of Golub Capital, a leading middle market lender. Reported shortly before public company quarterly earnings season, the GCAI has served as a reliable indicator of the overall growth rates in revenue and earnings of public companies in market indexes such as the S&P 500 and S&P SmallCap 600 (“S&P 600”), as well as quarterly Gross Domestic Product (“GDP”), according to statistical back-testing dating back to 2012, when data began to be tracked.

The size and diversity of the Golub Capital loan portfolio ensure that the confidentiality of all company-specific information used in the index is maintained in both the aggregate and industry segment data.

We believe the results (1) are representative of the general performance of middle market companies, which are a major contributor to U.S. private sector employment; (2) can be easily compared to the performance of the public companies that make up major stock indexes; (3) are relevant to the aggregate economic performance of the U.S. economy; and (4) provide timely information for the investment community.

The companies in the GCAI operate in a wide range of industries. Results are provided for the total universe of GCAI constituents and by industry segment. Given the index’s limited exposure to Financials, Utilities, Energy and Materials, comparisons are made to the S&P 500 and S&P 600 as well as to “adjusted” versions of those indexes that exclude the aforementioned sectors.

About the Golub Capital Middle Market Report
The Golub Capital Middle Market Report analyzes the results of the Golub Capital Altman Index (“GCAI”), which measures the median revenue and earnings growth of approximately 110–150 privately owned companies in the Golub Capital loan portfolio for the first two months of each calendar quarter. It compares these results to the financial performance of well-known market indexes, including the S&P 500 and S&P SmallCap 600. The GCAI is produced by Golub Capital in collaboration with credit expert Dr. Edward I. Altman. Effective Q2 2022, the GCAI excludes Golub Capital portfolio companies that have recurring revenue-based credit facilities. The data referenced herein may not reflect all companies in the loan portfolio of Golub Capital during the time periods indicated.

As of October 1, 2024, Golub Capital had over 1,000 employees and over $70 billion of capital under management, a gross measure of invested capital including leverage. The firm has offices in North America, Europe and Asia. For more information, please visit golubcapital.com.

About Dr. Edward I. Altman
A leading expert on credit markets, Dr. Edward I. Altman is the Max L. Heine Professor of Finance, Emeritus at the NYU Stern School of Business, and Director of Research in Credit and Debt Markets at the NYU Salomon Center for the Study of Financial Institutions. He is currently an advisor to several foreign central banks. Professor Altman has published or edited two-dozen books and over 150 articles in scholarly finance, accounting and economic journals. He has been inducted into the Fixed Income Analysts Society Hall of Fame, served as President of the Financial Management Association, was an FMA Fellow, and was amongst the inaugural inductees into the Turnaround Management Association Hall of Fame. He received his MBA and Ph.D. in Finance from the University of California, Los Angeles.

Important Disclosure
The Golub Capital Altman Index is provided as an indicator only and does not constitute investment advice or the offer to sell or a solicitation to buy any security. Some of these statements constitute forward-looking statements, which may be predictions about future events, future performance, or future financial conditions. Some of these statements reflect opinions based upon the data presented in the Index, and these opinions may be incorrect. Actual results could vary materially from those implied or expressed in such forward-looking statements for any reason. The Golub Capital Altman Index has been created on the basis of information provided by third-party sources that are believed to be reliable, but the information has not been verified independently by Golub Capital. Golub Capital makes no warranty or representation as to the accuracy or completeness of such third-party information.

HARTFORD, Conn., and NEW YORK, January 7, 2025 – Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, have closed on their previously announced strategic partnership after satisfaction of closing conditions.

At closing, Nassau received a $200 million minority non-voting common equity investment from Golub Capital. This investment provides capital to support Nassau’s growth strategy, including through organic growth, acquisitions and strengthening its balance sheet. Nassau and Golub Capital also entered into a long-term Investment Management Agreement that will provide Nassau’s insurance subsidiaries with access to Golub Capital’s premium middle market direct lending strategies, through tailored capital-efficient solutions.

Golub Capital is now the largest minority equity holder in Nassau, following investments from Fortress Investment Group in 2023 and Wilton Reassurance Company and Stone Point Credit in 2021. Nassau was founded with an initial capital commitment along with subsequent growth capital provided by Golden Gate Capital, which remains Nassau’s majority controlling equity holder.

Goldman Sachs served as exclusive financial advisor and Sidley Austin LLP served as legal advisor to Nassau. Morgan Stanley & Co. LLC served as exclusive financial advisor and Kirkland & Ellis and Foley Hoag served as legal advisors to Golub Capital.

About Nassau Financial Group
Based in Hartford, Connecticut, Nassau Financial Group is a growth focused and digitally enabled financial services company with a fully integrated platform across insurance and asset management. Nassau’s fixed annuities provide comprehensive and customizable retirement solutions, delivered with advanced digital capabilities and a team dedicated to delivering industry-leading service. Nassau Asset Management LLC and its subsidiaries oversee the assets of Nassau’s insurance companies and offer specialty investment strategies to third-party clients. These strategies include public and private debt, CLO debt and equity, real estate debt and equity, and alternatives.

Nassau was founded in 2015 and has grown to $24.8 billion in assets under management and $1.6 billion in total adjusted capital, and about 370,000 policies and contracts as of September 30, 2024. For more information, visit nfg.com.

NEW YORK/ABU DHABI, December 9, 2024 – Golub Capital today announced that it is opening an office in Abu Dhabi in ADGM and that it has appointed Naser Almutairi as Managing Director, Middle East. The Firm also announced it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) for a license.

“Golub Capital is expanding in the Middle East,” said Lawrence Golub, CEO of Golub Capital. “Both our new office in ADGM and Naser’s appointment are part of our commitment to providing Golub Capital private credit strategies to investors in the Middle East and to providing gold standard client service to our growing investor base here.”

“We are pleased to welcome Golub Capital to ADGM,” said Arvind Ramamurthy, Chief of Market Development, ADGM. “Their decision to establish a presence in Abu Dhabi highlights the strength of our globally recognized regulatory environment and the appeal of our robust financial ecosystem. We are confident that ADGM’s strategic location and business-friendly infrastructure will support Golub Capital’s growth ambitions and enable them to build deeper connections with investors in the region.”

Naser Almutairi has deep experience of the Middle East, having focused on the region for over 17 years. Most recently Naser served as Managing Director at Wafra Inc., where he was responsible for business development across the Middle East including the Kuwait, Qatar, Bahrain, Saudi and UAE markets. Prior to Wafra Inc., he spent over three years at Goldman Sachs in London, where he covered investor relationships in the GCC.

“I am excited to be joining a preeminent firm like Golub Capital and look forward to contributing to its growth and expansion in this dynamic region,” said Naser Almutairi, Managing Director, Middle East at Golub Capital. “Abu Dhabi, with its robust infrastructure and ADGM’s vision for connecting global financial markets, provides the ideal platform to deepen our presence and partnerships across the Middle East.”

Naser joins Basil Hurst, Managing Director in the Global Institutional Sales Group, who also recently relocated to London to lead the firm’s efforts in the Middle East and be closer to its partners in the region.

NEW YORK, December 5, 2024 — Golub Capital acted as Administrative Agent, Left Lead Arranger and Joint Bookrunner on a $1.2 billion unitranche facility to support Apax Partners’ acquisition of a controlling stake in Veriforce from Thoma Bravo. Terms of the deal were not disclosed.

Veriforce is one of the world’s largest providers of integrated supply chain risk management solutions. Golub Capital has been Administrative Agent to Veriforce since Thoma Bravo acquired the company in 2019, and led two incremental financings to support Veriforce’s rapid growth through strategic acquisitions.

The unitranche facility is composed of a $80 million revolving credit facility, $792 million term loan, £290 million term loan and $100 million delayed draw term loan.

Golub Capital was uniquely positioned to lead the deal due to the Firm’s knowledge of the credit, and ability to lead multi-currency transactions.

Apax Partners will also use the financing to merge Veriforce with existing portfolio company Alcumus, a global leader in technology-led risk management and compliance solutions.

Golub Capital has completed three deals in the last twelve months and has five current portfolio companies with Apax Partners.

About Golub Capital Sponsor Finance
Golub Capital is a market-leading, award-winning direct lender and experienced private credit manager. We specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. The firm’s Direct Lending group provides buy-and-hold financing for sponsor-backed transactions with hold positions up to $800 million and arranges syndicated credit facilities up to $2 billion.

NEW YORK, December 3, 2024/ABU DHABI, December 4, 2024 – Golub Capital today announced a three-year partnership with the New York University Impact Investment Fund (“NIIF”), a student-led venture that drives impact capital toward early-stage social enterprises and provides students at NYU Stern, NYU Wagner and NYU Abu Dhabi with hands-on experience in managing an impact investing fund.

The partnership will establish the Golub Capital Social Impact Investment Education Fund, which will support NIIF’s experiential education activities.

“We are excited to partner with the NYU Impact Investment Fund in expanding its innovative approach to making a positive impact on communities in which we work and live,” said Lawrence Golub, CEO of Golub Capital. “For us, this partnership also represents our continued commitment in Abu Dhabi, as part of our Firm’s global expansion efforts.”

“We are delighted to partner with Golub Capital to help train the next generation of impact investors,” said Andrea Armeni, NYU Professor and NIIF Faculty Advisor. “The support of Golub Capital through the Golub Capital Social Impact Investment Education Fund at NYU reinforces the power of collaboration between industry leaders, academic institutions and the community as a lever for positive change.”

The Golub Capital Social Impact Education Fund is the latest in a series of Golub Capital initiatives aimed at supporting nonprofits. The Firm recently launched the Golub Capital Nonprofit Board Fellows Network with seven leading business schools, including NYU Stern, to train students to become impactful nonprofit board members. Golub Capital also sponsors Golub Capital Social Impact Labs at The University of Chicago Booth School of Business, Stanford’s Graduate School of Business, and Northwestern’s Kellogg School of Management. Each Golub Capital Social Impact Lab focuses on a different way to improve nonprofit effectiveness, particularly in underserved communities.

About Golub Capital
Golub Capital is a market-leading, award-winning direct lender and experienced credit asset manager. We specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. Our sponsor finance expertise also forms the foundation of our Broadly Syndicated Loan and Credit Opportunities investment programs. We nurture long-term, win-win partnerships that inspire repeat business from private equity sponsors and investors.

About the NYU Impact Investment Fund
The NYU Impact Investment Fund (“NIIF” or the “Fund”) is a student-led impact investment fund that is part of an interdisciplinary experiential course at NYU. Launched in 2017, NIIF unites a diverse group of students from NYU Wagner School of Public Service, NYU Stern School of Business, and NYU Abu Dhabi who are committed to impact investing. As an experiential course, NIIF acts as a springboard for placing emerging professionals in competitive impact fund management roles globally. NIIF associates gain experience in sourcing enterprises, theory-of-change analysis, financial and legal due diligence, the investment committee process, deal structuring and documentation, stakeholder presentations, and impact measurement, while driving catalytic capital toward high-impact companies.

Golub Capital has committed over $10mm to date to engage the next generation of board members and drive positive social impact across the nonprofit ecosystem

NEW YORK, November 13, 2024 – Golub Capital today announced partnerships with seven leading business schools to establish or expand Board Fellows Programs (BFPs) at each school. The BFPs prepare MBA candidates and alumni to become impactful nonprofit board members.

“Good board members dramatically improve the effectiveness of nonprofits,” said David Golub, President at Golub Capital. “The Golub Capital Nonprofit Board Fellows Network will deepen the pool of impactful nonprofit board members, while fostering collaboration among leading business schools around how to support positive social impact. Our goal is to continue expanding the program to accelerate progress across the nonprofit ecosystem.”

The business schools that Golub Capital has partnered with include:

Carnegie Mellon University Tepper School of Business will establish a new Golub Capital Board Fellows Program, grow the number of fellows to more than 50, and deepen ties with Pittsburgh’s strong nonprofit and foundation-oriented community.
University of California, Berkeley, Haas School of Business will look to become one of the largest Board Fellows Programs in the United States with a goal of reaching 120 fellows annually and sharing its board self-assessment tool with members of the network.
Yale School of Management will significantly grow and institutionalize their existing program by providing new staff support and faculty guidance for student leaders, offering a for-credit course for Board Fellows and developing a set of teaching case studies that can be used across the network.
University of Chicago Booth School of Business will strengthen its existing program of over 80 fellows per year, developing a culminating showcase day for students to share their project learnings, expanding skill building and networking opportunities for Chicago nonprofit partners and experimenting with broadening program eligibility.
Wharton School of the University of Pennsylvania will expand and enhance its existing program, inviting students from other graduate schools to take part along with MBAs and piloting a range of new initiatives to deepen engagement with alumni and its nonprofit partners.
New York University Stern School of Business will grow and restructure its existing program to include a range of strategic consulting projects along with board governance and will explore development of the first Global Board Fellows program.
Northwestern University Kellogg School of Management: Golub Capital supported its first Board Fellows Program in 2021 at Kellogg. Through the launch of this network, the Firm will also extend its funding of Kellogg’s program, enabling Kellogg to expand its program to serve students in their accelerated and part-time MBA programs. Currently, Kellogg’s Board Fellows Program prepares over 100 top MBA students annually for board service at Chicago-area nonprofits through a combination of academic coursework, board placement and strategic consulting.

A recent survey by Kellogg of 200 alumni showed that fellows are more likely to serve on nonprofit boards (55%) compared to non-board fellow alumni (38%). Participants in the program are also four times as likely to serve in leadership positions in nonprofits compared to non-participants.

“The Golub Capital Board Fellows Program has provided a valuable and practical learning experience for our students,” said Allison Henry, Director of the Golub Capital Board Fellows Program at Kellogg School of Management. “Fellows graduate with improved leadership skills, a strong professional network and practical knowledge on how to effectively serve on nonprofit boards.”

Since 2021, Golub Capital has also established Social Impact Labs at The University of Chicago Booth School of Business and Stanford’s Graduate School of Business.

As of July 1, 2024, Golub Capital had over 950 employees and over $70 billion of capital under management, a gross measure of invested capital including leverage. The firm has offices in North America, Europe and Asia. For more information, please visit golubcapital.com.

About the Golub Capital Social Impact Accelerator
The Golub Capital Social Impact Accelerator sponsors philanthropic initiatives where the Firm’s investment is expected to have a multiplier effect on the impact of nonprofit organizations. The two signature programs of the Golub Capital Social Impact Accelerator are the Social Impact Labs and the Nonprofit Board Fellows Network.

The Golub Capital Social Impact Labs at the Stanford Graduate School of Business, the Northwestern Kellogg School of Management and the University of Chicago Booth School of Business engage the next generation of business leaders and academics to accelerate progress across the nonprofit ecosystem.

The Golub Capital Nonprofit Board Fellows Network develops MBA candidates and alumni at leading business schools to serve as impactful nonprofit board members through classroom and experiential learning.