Oxford International Group, a specialty finance company focusing on the acquisition of financial assets such as structured settlement receivables announces closing of an equity and debt financing transaction.
West Palm Beach, FL (PRWEB) April 07, 2014
Oxford International Group, LLC (“Oxford”), a specialty finance company focusing on the acquisition of illiquid, high quality financial assets, announced the closing of an equity and debt financing transaction with affiliates of Fortress Investment Group.
The funds will be used to continue building a leading origination platform and to finance the acquisition of structured settlement receivables and related assets through Oxford’s wholly owned originator, MyLumpsum LLC, dba MyLumpsum.com. “We are very excited to partner with Fortress, whose expertise in capital markets and within the structured settlement space provides us with the necessary resources to become the leader in the industry,” said Sergio Salani, CEO of Oxford.
The Oxford management team has over 100 years of collective industry experience, including senior executive positions at several leading specialty finance companies. “This transaction will allow us to bring significant institutional capital to consumers who have a structured settlement and find themselves with liquidity needs,” said Lori Wengatz, President and COO of Oxford.
Oxford is a specialty finance company specializing in the acquisition of illiquid, high credit quality assets. These include structured settlement receivables, lottery winning receivables, sports contracts receivables, and other future cash flows.
Oxford International Group
Attn: Media Relations
See also http://www.MyLumpsum.com