By JB Capital Private credit refers to any form of debt that is not issued or traded in the public market. It is a type of financing that is typically provided by non-bank institutions or individuals and is not publicly traded. What is an Example of Private Credit? An example of private credit is a loan provided by a firm, …
JB Capital Launches Merchant Banking Income Fund II
BELLEVUE, Wash.–(BUSINESS WIRE)–JB Capital, an alternative credit manager investing in areas of the market underserved by traditional banks announces the launch of its Merchant Banking Income Fund II (MBIF II), a second iteration of the firm’s flagship fund. “Our flagship MBIF fund was met with incredible response and was oversubscribed,” said Jeremy Hill, Founder of JB Capital. “The continued growth …
JB Capital readies multifamily, industrial-focused subordinate debt fund
Washington manager aims for majority mezz, preferred equity plays in SMILE markets. 05/03/2022 JB Capital says it is rolling out a new real estate debt fund on or around May 4 to provide mezzanine debt, preferred equity and alternative sources of equity funding to owners, operators and developers of multifamily and industrial assets across the US. The Bellevue, Washington-based alternative …
JB Capital Announces Investment in Phoenix Based EV Manufacturer
March 02, 2022 07:00 AM Eastern Standard Time BELLEVUE, Wash.–(BUSINESS WIRE)–JB Capital, a leading alternative asset manager specializing in credit, announces its recent investment in PHAT, a Phoenix-based manufacturer of specialty electric vehicles. “We’re very excited about working with the team at PHAT, as well as the enormous growth potential we see on the horizon for this company,” said Jeremy …
JB Capital Funds Find Record Growth in 2021
BELLEVUE, Wash.–(BUSINESS WIRE)–JB Capital, a direct private lender with twenty years of experience advising privately held companies and providing more than $500 million in capital since its inception, announces its Merchant Banking Income Fund (MBIF) reached new heights in 2021. MBIF finished the year with an annualized unlevered return of 18.66%, appreciating 6.25% from the year prior. The fund showed …