Balbec Capital Acquires Funding 365, A UK Specialist Property Lender

Source Summary

NEW YORK & LONDON--(BUSINESS WIRE)--Balbec Capital LP (“Balbec”), a global alternative investment manager specialising in asset-based credit and real estate strategies, announced the acquisition of Funding 365 Limited (“Funding 365”), a UK-based specialist property lender. The transaction encompasses the acquisition of the Funding 365 origination platform and its existing loan portfolio, along with newly originated loans. Founded in 2013, Funding 365 is a recognised name in the UK bridging fina