Products
Data Sets
Integrations
Services
FUNDRAISING NEWS | November 25, 2024
Tags: Private Credit, RIA
Philadelphia-based investment manager and RIA Newmarket Capital said it has launched a new bitcoin-based asset management and specialty finance platform, Battery Finance.
Battery will employ a specialty lending strategy combining traditional financeable assets such as real estate and project finance with bitcoin, merging the assets into a single collateral package. To that end and in tandem with the launch of Battery, Newmarket said it completed its first investment combining bitcoin and real assets, providing term financing on a mixed-use real estate project called “Bank Street Court” in Philadelphia.
"Our lending approach can serve to counterbalance inflation and monetary debasement,” Newmarket founder and CEO Andrew Hohns said in a statement. “By strategically combining measured amounts of bitcoin with real assets, Battery unlocks new combinations of value for borrower and lender alike.”
Written By: Dakota
Cresset Rebrands Private Funds Business as Peakline Partners
February 11, 2025
Aristotle Pacific Names New Credit Research Head, Portfolio Manager
December 19, 2024
Drive for Diversification to Shift Private Market Allocations in 2025
December 16, 2024
CAIS/Mercer: Financial Advisors Keen to Grow Clients' Alts Exposure
December 09, 2024
In Bid to Scale, Boehly Reorgs $74B Capital, Wealth Mgmt Businesses
December 05, 2024
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy
