“This latest securitization further validates the attractive, risk-adjusted returns that are being generated for investors in SME loans. While sharing more details about the securitization, Sachin Patel, Chief Capital Officer at Funding Circle, stated: The duo reported that the portfolio brings the total amount of UK Funding Circle loans securitized to £1 billion and the deal will notably open up the small business loans asset class to an even wider range of investors such as insurance companies and pension funds. The Residential Mortgage Banking segment operates its residential mortgage loan origination segment through its subsidiary, GMFS, LLC.Marketplace lending company Funding Circle ( LSE:FCH) recently unveiled its £250 million securitization of SME loans with Waterfall Asset Management. Its Small Business Lending segment acquires, originates and service owner-occupied loans guaranteed by the SBA, through its subsidiary, Read圜ap Lending, LLC. Its SBC Lending and Acquisitions segment originates SBC loans across the SBC property, including construction, bridge, stabilized and agency loan origination channels, through its subsidiary, Read圜ap Commercial, LLC. Its segments include SBC Lending and Acquisitions, Small Business Lending and Residential Mortgage Banking. The Company originates, acquires, finances, and services small-balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and to a lesser extent, mortgage-backed securities collateralized primarily by SBC loans, or other real estate-related investments. Ready Capital Corporation is a real estate finance company. Gene Weil Waterfall Asset Management Co-Head of Private Equity 21 Nelligan Waterfall Asset Management Co-Head of Private Equity 21 original content: Waterfall is the external manager to Ready Capital, a multi-strategy real estate finance company and small business lender that has provided over $3 billion in capital nationwide (NYSE: RC). Waterfall is a leading private investment firm dedicated to investing in asset-based credit and private equity across the entirety of the specialty finance and securitized credit sectors. and Europe, Waterfall is an SEC-registered investment adviser that was founded in 2005 by Tom Capasse and Jack Ross, who were early leaders of the ABS industry. went straight to the source: entrepreneurs who have sold to private equity. Founders filled out a questionnaire about their experiences partnering with private equity firms and shared data on how their portfolio companies have grown during these partnerships.Ībout Waterfall Asset Management Based in New York and with investment activities spanning the U.S. These private equity firms treat the founders like partners," says Scott Omelianuk, editor-in-chief of Inc. It's about building a relationship and supporting the founders beyond that initial year. "Supporting an entrepreneur's vision and driving growth is more than just a financial investment. All 146 have a track record of remaining actively involved in the businesses after their investment. The final list recognizes 146 firms that entrepreneurs can trust and collaborate with while receiving the financial support they need to help accelerate growth. This is a shift from previous lists-which were called the Private Equity 50 - since, for the first time, this year's list will include venture capital firms, and more than 100 firms will earn our Founder-Friendly seal of approval. Inc. today announced its third annual Founder-Friendly Investors list, honoring the private equity and venture capital firms with the best track record of success backing entrepreneurs. It is an immense honor that the management teams of our portfolio companies have expressed their conviction in our contributions to their growth" said Gene Weil, Co-Head of Private Equity at Waterfall Asset Management. "Our private equity team enjoys the journey of building a business in partnership with competitive and passionate management teams - we are builders at heart. Since its founding in 2005, Waterfall has been principled in entrepreneurship and creativity to provide capital solutions to leading financial services businesses, from the emerging innovators to the seasoned and incumbent market-share leaders. Waterfall had approximately $9.7 billion in assets under management, as of July 1, 2021. Waterfall utilizes a thematic approach to investing in structured credit, loan products and private equity, and invests across multiple sectors of the specialty finance and financial technology industries. 5, 2021 /PRNewswire/ - Waterfall Asset Management, LLC ("Waterfall"), an SEC-registered investment adviser headquartered in New York, has been named among Inc.'s 2021 list of founder-friendly private equity and venture capital investors.
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