Kingsbridge Partners, LLC and the Kingsbridge Alternative Strategies Fund, LP, secured a $50 Million Credit Facility from East West Bank to finance the Fund’s ongoing $300 Million in commitments to purchase Point’s Home Equity Investments

NEWS PROVIDED BY Kingsbridge Alternative Strategies Fund, LP Kingsbridge Partners, LLC Kingsbridge Wealth Management, Inc. February 22th, 2023 NEW YORK, NY,-- Kingsbridge Partners, LLC and the Kingsbridge Alternative Strategies Fund, LP (Kingsbridge), a leading investor in Home Equity Investments (HEIs), announced today that they have secured a $50 million revolving credit facility from East West Bank. The revolving credit facility will provide debt capital for the financing of the ongoing purchases of Point’s Home Equity Investments. Kingsbridge has been a pioneering investor in the HEI space since 2016 as a key partner with Point, the leader in HEIs, [...]