WASHINGTON (dpa-AFX) - Aflac Inc. (AFL) Thursday announced that its asset
management subsidiary Aflac Global Investments has agreed to acquire a stake in
San Francisco-based lower middle-market direct lender, Tree Line Capital
Partners.

The deal is structured such that Aflac Global will have a 40 percent interest in
the company upon closing. Further, Aflac will make a multi-year commitment to
allocate a portion of its annual investable cash flow to Tree Line.

Tree Line, founded in 2014, currently manages $2.7 billion in assets and
specializes in direct lending to the lower middle market.



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