PRESS RELEASE – Conshohocken PA, August 26, 2020 /PR Newswire- Experity Ventures (EV), announced today that it has closed on a securitization of $123 million of fixed-rate, asset backed notes through a private syndication of institutional investors. The notes are collateralized primarily by litigation finance and medical receivable assets originated by Experity related business units and platforms.

Joseph Greco, Experity Ventures Founder and Chairman, commented, “We are very pleased and proud that the capital markets responded so enthusiastically to our first asset securitization offering. This transaction represents the last phase of our capital raise and finance focused projects for this year, and positions Experity for continued and accelerated growth as we execute the business plan that has enabled us to become a leader in the tort and litigation related finance space.”

Ryan Silverman, Experity CEO added, “We are excited to have completed this impressive milestone, and to receive the validation that we have from the capital markets as well as the interest that institutional investors have shown for our business model and related asset classes. This is the first of many similar transactions that we will be doing, providing consistent opportunity flow to these same markets. We are focused on continuing to provide valuable and essential non-recourse financial solutions to personal injury victims and the medical providers that care for them.”