Employees
450
Global offices
16
Global portfolio
>$750bn
Founded by Mia Drennan and Brian Carne in 2011, London-headquartered GLAS offers a wide range of administration and trustee services for the credit markets, including private credit and leveraged finance.
The company oversees the lifecycle administration of debt instruments, including transaction execution, interest determination, cash flow coordination and stakeholder communications, underpinned by regulatory and structural requirements for independent agency providers.
Oakley will support GLAS to accelerate growth through international expansion, M&A and the continued development of the company’s technology and AI offering.
The global private credit market which GLAS serves today exceeds $2.4 trillion in AUM and is expected to surpass $4.5 trillion by 2030, supported by healthy fundraising momentum into the asset class from a wide array of institutional and retail investors, as well as continued diversification into broader credit segments, including infrastructure, asset-backed and specialty finance. Against this backdrop, GLAS benefits from high barriers to entry and strong recurring revenues, driven by regulatory licensing requirements and the rising need for sustained investment in technology.
Mia Drennan
Founder and CEO — GLAS
