JB Capital Announces Investment in VR Entertainment Company

March 17, 2022 07:00am Eastern Standard Time BELLEVUE, Wash.–(BUSINESS WIRE)–JB Capital, an alternative credit manager investing in areas of the market underserved by traditional banks, announces its investment in Positron (Positron Voyager Inc.), a leading virtual reality (VR) entertainment company based in Los Angeles, CA. Positron is effectively changing the movie-watching experience with its immersive cinematic experiences on Voyager® VR …

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 …

Why Private Capital is Suddenly Hot

This is Part 3 of Financial Advisor IQ’s five-part special report on fixed income. – by Ellen Sheng In the span of a decade, the private debt market has grown to nearly $1 trillion in assets under management, up from $341 billion at the end of 2011, according to alternatives-focused research and data provider Preqin.  For advisors looking for yield in …

SPAC-TACULAR FROTHY MARKETS & NFTS

SPAC-tactular Frothy Markets & NFTs “It is never a good idea to make an investment decision just because someone famous says a product or service is a good investment.” – SEC Announcement, November 2017 Despite the best efforts of the Securities and Exchange Commission in 2017 to draw people’s attention to the folly of investing in an asset endorsed  by …

KEEP ON ROCKIN’ IN THE FEE WORLD

In 2015, the Swiss financial services firm UBS conducted over 7,000 interviews with retail investors in an effort to establish what motivated them. Their findings from the interviews were the inspiration behind a global  advertising campaign to show how UBS had become more client-focused than ever. The campaign featured actors playing the roles of people at different stages of their …

The World Outside Apollo

The first known example of an advertisement for laundry detergent was in 1876. Henkel and Company – these days known as the parent company of Persil – took out a full-page advertisement in a Cologne newspaper, informing readers about how laundry detergent would make their linen whiter than mere soap ever could. Nearly 150 years later, in great regularity, someone …

Distressed vs. Stressed: There is a difference

Making the distinction It pays to know the history of an asset. This will allow you to see past the glossy marketing pitch for the latest ‘opportunity fund.’ Private equity companies will be happy to call it a distressed asset and let you think that they acquired it last month. If they dragged the company into this mess, what are …

Looking For Yield In All The Wrong Places

“I would never buy debt at below zero.  Never, not at below zero…not in my entire life. I would do anything before I’d buy debt at negative rates.” – Jamie Dimon, Address to Institute of International Finance, October 2019 Over the last several years, we have recognized what has been going on with negative or near negative interest rates in …