News
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400 Capital Management
Latest Press Releases
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Freddie Mac Enhances Seasoned Loans Structured Transaction Program
Freddie Mac (OTCQB:FMCC) today completed an auction of subordinate non-guaranteed certificates (the “Subordinate Certificates”). The Subordinate Certificates will be issued by Freddie Mac Seasoned Loans Structured Transaction (SLST), Trust 2018-1, which will also issue guaranteed senior certificates (the “Senior Certificates”). The Senior and Subordinate Certificates will be backed by 2,617 seasoned re-performing loans (RPL) and moderately delinquent loans serviced by Nationstar Mortgage LLC, d/b/a Mr. Cooper.
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Builder Capital, LLC and 400 Capital Management Announce Strategic Partnership and First Acquisition
Builder Capital, LLC (“Builder Capital”) announced today the acquisition of 67 acres in Phoenix, AZ (the “Property”) pursuant to a rolling lot option contract with Garrett Walker Homes (“Garrett Walker”). Builder Capital acquired the Property through a strategic partnership with affiliates of 400 Capital Management (“400 Capital”) formed to provide capital to production homebuilders for the acquisition and development of single family residential lots nationwide.
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400 Capital Management and InterNex Capital Partners to Provide $100 Million Funding to Small and Mid-Sized Businesses
InterNex Capital, a digital asset-based lender announced today that it has secured a funding facility up to a $100 million from 400 Capital Management (“400 Capital”), a structured credit asset management firm. The facility will allow the company to solve short term working capital needs to an underserved market segment of small and medium sized businesses seeking loans between $250,000 and $5 million.
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400 Capital Management Expands Team with Chief Technology Hire
400 Capital Management LLC (“400CM” or the “Firm”), a structured credit investment manager, today announced that Jimmy Rizos has joined as Managing Director, Chief Technology Officer. Mr. Rizos joins 400CM from Continuum and will be responsible for overseeing all aspects of analytic and technology development.
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400 Capital Management Expands Investment Team with Special Situations Hire
400 Capital Management LLC (“400CM” or the “Firm”), a structured credit investment manager, today announced that Chris Schiavone has joined as Director, Special Situations Investment Management. Mr. Schiavone joins 400CM from Perella Weinberg Partners and will be responsible for special situation credit origination and portfolio management.