SAF Group launches asset based finance division

The SAF Group, a prominent alternative capital provider based in Canada, has announced a significant development in its business strategy: the introduction of a new asset based finance (ABF) strategy. This strategic expansion is accompanied by the hiring of Nur Khan as Managing Director to lead the initiative.

Established in 2014, SAF Group has made its mark in the private credit sector by providing tailored capital solutions and has deployed over CA$4.5bn across a wide array of industries, such as real estate, energy, and financial services. The move into asset-based finance signals the firm’s intent to deepen its engagement with credit opportunities underpinned by stable cash flows and robust structural safeguards. This aligns with the increasing importance of ABF in Canada’s shifting financial ecosystem.

Nur Khan, a seasoned professional with three decades of experience in structured finance, joins SAF with an impressive track record. He previously served as Managing Director of Securitisation Finance at a major Canadian bank, where he established and led a top-performing team in the structured finance space. Under his leadership, the team executed more than 125 transactions exceeding CA$23bn in value and oversaw a warehouse financing portfolio worth CA$15bn.

Khan is now set to channel his expertise into shaping SAF’s newly launched ABF strategy. His decision to join SAF was driven by the firm’s strong position in the private credit market and its capability to meet the rising demand for flexible, asset-backed capital solutions in Canada. He expressed enthusiasm about contributing to the firm’s evolving investment platform.

SAF’s Chief Executive Officer, Ryan Dunfield, emphasized the growing role of ABF within the broader private credit landscape. He expressed confidence in Khan’s leadership and highlighted the company’s ambition to become a market leader in the ABF space.

As part of its broader strategy, SAF is also seeking collaborations with institutional investors and insurance firms to create targeted exposure to Canadian credit markets.

About SAF Group
Headquartered in Calgary with additional offices in Toronto and Vancouver, SAF Group is a leader in Canadian private credit investing. Since its inception, the firm has completed over 60 investments, consistently delivering bespoke capital solutions to partners across multiple sectors. The launch of the ABF strategy marks a continued effort to broaden its investment offerings and address gaps in the Canadian credit market.