Bonaccord Takes Minority Stake in Prime Finance to Scale CRE Credit Platform

Bonaccord Capital Partners has acquired a minority stake in Prime Finance, providing growth capital to support the firm’s next phase of expansion across commercial real estate credit.  

Prime Finance co‑founder and managing partner John Atwater said the deal advances the firm’s long-term objectives by broadening product offerings for both borrowers and investors and accelerating ongoing investments in technology and operational infrastructure. Day‑to‑day management, investment processes, and overall strategic direction will remain unchanged. 

Bonaccord managing partner Ajay Chitkara highlighted Prime Finance’s disciplined performance record and differentiated positioning within commercial real estate credit as key to the firm’s interest in the partnership. 

Bonaccord specializes in strategic minority stakes in middle‑market alternative asset managers across private equity, private credit, real estate, and real assets, providing growth capital and institutional support. 

Founded in 2008, Prime Finance oversees more than $15 billion in assets under management as of December 31, 2025, spanning floating‑rate, non‑recourse bridge lending, special situations in real estate capital structures, and CMBS B‑piece acquisitions.  

Goldman Sachs advised Prime Finance on the transaction, with Simpson Thacher & Bartlett LLP and Sidley Austin LLP serving as legal counsel to Prime Finance and Bonaccord, respectively.