Edge Focus Closes Inaugural $150 Million ABS Deal, Launching Its Tech-Enabled Credit Platform Into the Capital Markets
The transaction was led by CRB Securities who structured the transaction, with Nelnet Bank, a wholly owned subsidiary of Nelnet, Inc (NYSE: NNI, 鈥淣elnet鈥�), serving as co-sponsor. The offering featured two unrated senior notes that were placed with major institutional investors, reflecting strong demand for Edge Focus鈥� technology-driven credit structuring, particularly in light of the challenging conditions currently roiling financial markets.
鈥淭his deal represents a transformative step for Edge Focus,鈥� said Elliott Lorenz, co-founder and CEO of Edge Focus. 鈥淲e built our platform to challenge legacy credit models and unlock smarter, more dynamic capital access. The success of this inaugural ABS offering validates our approach and sets the stage for a recurring presence in the securitization market. Completing our first ABS deal in a market that is experiencing such volatility is a real indication of the value we present to our investing partners.鈥�
Edge Focus expects to be a frequent issuer in the ABS space, leveraging its proprietary technology tools to originate and structure high-quality, data-driven collateral at scale. These tools include Origin, Edge Focus鈥� credit decisioning and pricing engine, and Lens, its portfolio analytics and performance monitoring platform.
鈥淭his first transaction received strong support from a sophisticated group of institutional investors,鈥� said Jeff Andrews, Chief Revenue Officer at Edge Focus. 鈥淭here is a clear appetite for differentiated, data-driven credit exposure, and we are excited to build on this momentum with future issuances.鈥�
鈥淲e are thrilled to have led the placement of Edge Focus鈥� inaugural ABS transaction,鈥� said Ryan Callahan, Head of Structured Products at CRB Securities. 鈥淭he strong investor demand for this offering underscores the market鈥檚 confidence in Edge Focus鈥� innovative, technology-driven approach to private credit. We look forward to supporting their future issuances as they continue to redefine the ABS landscape.鈥�
鈥淣elnet is excited to be involved in this transaction and for Nelnet Bank to co-sponsor Edge Focus鈥� inaugural
About Edge Focus:
Edge Focus is a technology-driven investment firm that delivers Curated Access to Consumer-Focused Private Credit鈥攚ith Edge. Through its proprietary platforms, Origin and Lens, Edge Focus manages funds, SPVs, and SMAs, while also powering fintech partners with advanced underwriting and portfolio analytics tools. Learn more at .
About CRB Securities:
CRB Securities, LLC (鈥淐RBS鈥�) is a wholly owned subsidiary of CRB Group Inc, a bank holding company, and the parent company of Cross River Bank (鈥淐RB鈥�), established in 2008. CRB Securities is an SEC-registered broker-dealer and FINRA member. CRB Securities was created to solve the financing needs of clients that are looking to access the capital markets through the issuance of securities. Through CRB Securities,
About Nelnet:
Nelnet (NYSE:NNI) is a diversified company with primary businesses being consumer lending, loan servicing, payments, and technology鈥攚ith many of these businesses servicing customers in the education space. Nelnet also invests in fiber communications, early-stage and venture capital, real estate, reinsurance and solar energy. Headquartered in
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Jeff Andrews
CRO
[email protected]
Source: Edge Focus