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NEW YORK, NY--(Marketwired - February 25, 2016) - Bryant Park Capital, a leading middle market investment bank with a focus in the specialty finance industry, announced today that Golden Pear Funding, LLC ("Golden Pear" or the "Company") closed in Q1 2016 a $25 million structured sale of a portfolio of pre-settlement advances and entered into a multi-period forward flow agreement totaling up to $100 million with a leading asset manager in the specialty finance sector. Founded in 2008, Golden Pear has quickly developed into the top pre-settlement funding company in the United States, having funded over $270 million dollars in legal advances nationwide. This financing, the Company's first forward flow portfolio sale arrangement, provides the Company with additional liquidity and additional working capital. |
