On April 15, 2025, Equitable, through AB CarVal, an investment advisor part of AllianceBernstein's Private Alternatives business, committed to fund up to $150 million of fixed-rate installment powersports loans for Octane. This commitment is part of Octane's larger $700 million forward-flow facility.
This transaction marks Octane's largest forward-flow agreement to date and expands AllianceBernstein's Private Alternative capabilities. Equitable's participation highlights its strategy to invest in innovative financial solutions that align with its General Account's strategic objectives.
The investment supports Octane's continued growth, which saw originations increase by 36% year-over-year in 2024. For Equitable, this partnership diversifies its investment portfolio and provides access to new income-generating assets, contributing to its overall financial strength.
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