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SR Alternative Credit, formerly Old Hill Partners, provided $10 million in the form of a senior secured one-year term loan to a company that acquires and leases standard 20- and 40-foot shipping containers, among other transportation equipment. This is the third transaction for SRAC with this borrower. The company’s lessees include shippers with. ....
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. ....
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. ....
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. ....