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NEW YORK, NY--(Marketwired - April 16, 2015) - 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") recently closed a new $150 million senior credit facility with a leading lender to the specialty finance sector. Founded in 2008, Golden Pear has quickly developed into the top pre-settlement funding company in the United States, funding over $215 million in legal advances nationwide. "This new facility provides us access to significant capital and flexibility to position Golden Pear to take advantage of the market opportunities in litigation finance including buying and/or establishing exclusive joint ventures with other litigation funding companies, purchasing portfolios, expanding our geographic footprint and accelerating our growth," said Jeffrey Cohen, CEO of Golden Pear. |
