Founded in 1978, Westlake Financial (reaching $16B in assets) is a technology-driven, privately held finance company that specializes in the acquisition and servicing of prime to sub-prime automotive retail installment contracts. Headquartered in Los Angeles, WFS originates indirect contracts through a network of over 25,000 new and used car dealers throughout the U.S.
Founded in 1982, Hankey Investment Company LP (reaching $2.25B in assets) is a private, opportunistic, and active real estate investment firm with a successful track record of investing in Southern California real estate. HIC owns 488,343 square feet of commercial property and 12 million square feet of urban development land in Southern California, both of which are valued at $1.87 Billion.
Hankey Capital is a private direct lender originating bridge financing in the 2 million to 100+ million dollar range secured by real estate located in California. We specialize in time-sensitive and value-added deals underserved by banks and other traditional capital sources. In addition, Hankey Capital offers structured finance solutions (including Debtor in Possession financing), totaling over $200 million in recent deals. Currently, Hankey Capital has over $1.35 billion in loans on its balance sheet.
Founded in 1996, Nowcom Corporation (144% ROE) is a technology company that develops technology solutions for the automotive
dealers and financial services verticals. Headquartered in Los Angeles, with offices in the Philippines and their newest location in India, Nowcom has over 1,323 employees to produce industry-leading technology.
In 1986, Midway Car Rental ($58M assets, largest privately owned high-line rent a car company in Los Angeles) was incorporated. With over 4,590 vehicles in its fleet and offices in Burbank, Beverly Hills, Brentwood, Downtown LA, El Segundo, Hollywood, LAX, Newport Beach, North Hollywood, San Pedro/Long Beach, Santa Monica, South Bay, Thousand Oaks, Van Nuys, and West LA, Midway provides concierge services to some of the most exclusive clientele in Los Angeles.
Knight Insurance Group ($2.33B assets) is a provider of capital support and underwriting capability for niche property and casualty insurance programs. Its model consists of building partnerships with select General Agents and Program Administrators who distribute admitted and non-admitted products through carrier companies and reinsurance company. Knight also operates a rent-a-captive solution and captive management through segregated portfolio company.
Carriers
KnightBrook
Insurance Company, Est. 1934
- Admitted Carrier
- KBRA Rating A-
- AM Best Rating, A-, FSC XI
Guilderland
Insurance Company, Est. 1854
- Admitted Carrier
- KBRA Rating A-
Knight Specialty
Insurance Company, Est. 2013
- Excess and Surplus Lines Carrier
- KBRA Rating A-
- AM Best Rating, A-, FSC XI
Reinsurance Company
Knight Insurance Company
Reinsurance Company, Est. 1993
- Admitted Carrier
- KBRA Rating A-
- AM Best Rating, A-, FSC XI
Premium Finance Company
Shield Funding LLC
Segregated Portfolio Company
Knight Management Company, SPC
General Agents and TPAs
Knight Management Company
Knight Management Insurance Company
Purchased by Don Hankey in 1988, North Hollywood Toyota (tracking over $235.8M in revenue) is one of the San Fernando Valley’s leading dealerships for new and certified used Toyota vehicles. In addition to a variety of great deals on vehicles, North Hollywood Toyota has a professional and highly qualified Service Department, Parts Department and Body Shop for all vehicle makes and models repair.
HFC Acceptance, LLC ($687M assets) is a fleet finance provider for both franchise and independent car rental companies. Originally a division of Westlake Financial, HFC Acceptance, LLC became a separate entity in 2002 and prides itself as the only fleet finance company that has funded customers without interruption since 1980.