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Spouting Rock Expands Into Asset-Based Lending with Old Hill Partners - Article

Source: abladvisor.com, Date: 1/31/2022 6:00:00 AM, Article: In early January, Spouting Rock Asset Management (SRAM) announced it entered into an agreement to merge with Old Hill Partners Inc. (Old Hill). Old Hill is an alternative asset manager focused on providing asset-based lending transactions to small- and medium-sized businesses nationally. Structured as a newly formed subsidiary of Spouting Rock...
South Australia Andrew Smith John Coyne Michael Toglia Rock Alternative Credit Llc Sr Jp Morgan

Spouting Rock takes majority stake in alternative credit manager Old Hill Partners

Spouting Rock Asset Management, a multi-boutique manager platform providing investment solutions and services, announced an agreement to merge with Old Hill Partners, an alternative asset manager focused on asset-based lending transactions with small- and medium-sized businesses.
United States Jeff Haas Opalesque Asia Laxman Pai Peter Faigl Rock Asset Management

Spouting Rock Asset Management Acquires Majority Stake in Old Hill Partners - News

Spouting Rock Asset Management announced an agreement to merge with Old Hill Partners Inc. (Old Hill), an alternative asset manager focused on asset-based lending transactions with small- and medium-sized businesses. A newly formed subsidiary of Spouting Rock, Spouting Rock Alternative Credit, LLC (SR Alternative Credit), will house the Old Hill...
Jeff Haas Andrew Smith Peter Faigl Rock Alternative Credit Llc Sr Old Hill Partners Inc Spouting Rock Asset Management

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Old Hill Partners Completes a $30 million Senior Secured Financing for a Merchant Cash Advance ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Old Hill Partners Completes a $30 million Senior Secured Financing for a Merchant Cash Advance ... Old Hill PartnersJanuary 5, 2021 GMT DARIEN, Conn., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Old Hill provided $30 million in the form of a senior secured revolving-to-term credit facility to a specialty finance company that provides working capital to small businesses in the form of merchant cash advances. The...
United States Peter Faigl Christie Fogelstrom Old Hill Partners Inc Senior Portfolio Manager Hill Partners
Source: apnews.com

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