CAN Capital, an online lender in the SME lending space, is back in business following a recapitalization by Varadero Capital, an alternative asset manager in New York City and currently manages about $1.3 billion. DLA Piper served as legal counsel for the financing and Jefferies acted… Read More
Lending Club (NYSE: LC), the largest online marketplace connecting borrowers and investors, and Citi (NYSE: C) are launching a pioneering new partnership with Varadero Capital L.P., an alternative management firm focused on specialized credit investments, to facilitate up to $150 million in loans designed to provide more affordable credit to underserved… Read More
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