New York, November 7, 2022: Finitive, the leading data-driven private credit marketplace, today announced that it has facilitated a $100 million fund leverage facility for a New York City - based asset manager with financing provided by a multi-billion dollar middle market-focused, specialty finance firm.
The borrower is an alternative investment manager providing asset-based, senior-secured loans. The lender is a multi-billion dollar middle market-focused, specialty finance firm that provides senior debt solutions to companies across all industries.
“Borrowers seeking capital typically speak with dozens of potential investors before finding the right partner," said Caroline Hayes, Finitive's co-founder and President. "Using the Finitive platform, this client was able to quickly identify investors with the highest probability of providing funding on attractive terms. The company thus saved months of searching for the right partner, allowing management to focus on growing and scaling its core business."
Finitive’s data-led private debt platform has over 1,600 institutional investors signed up and actively allocating to private debt. We have secured over $3.6 billion in debt facility commitments for our clients in sectors including consumer fintech, renewables, SME lending, supply chain / logistics and automotive financing.
Interested in learning more about how Finitive matches capital seekers with institutional investors? Visit Finitive’s website for further information and to sign up as a borrower or investor.