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Peaceable Street Capital Announces Allocation from an Insurance Company with Approximately $23 Billion in AssetsPeaceable Street Capital ("PSC" or the "Company"), a specialty finance platform focused on providing preferred equity capital to small and mid-sized income producing real estate in North America, today announced it has received an allocation from a U.S.-based insurance company with approximately $23 billion in assets under management. Since launching in January 2016, PSC has completed 18 preferred equity real estate transactions across the U.S. and Canada with a combined value of $470 million in various sectors, including multi-family, self-storage, retail and RV parks. David Henry, Co-Founder of PSC, said, "Bringing in a great institutional partner provides us with substantial capital to continue scaling our North American investment portfolio. We believe this will be the first of many institutional partnerships for PSC as we continue to grow our business." Alan Goldfarb, Co-Founder of Peaceable Street and Founder and Managing Partner of Orangewood Partners, said, "PSC's management team has built a strong portfolio of preferred equity investments. We are excited to bolster our institutional partnerships as we continue to identify attractive investment opportunities going forward." "Peaceable Street has demonstrated exceptional growth since its inception in January 2016," stated Tim Peterson, Managing Director of SunBridge Capital Management, LLC. "This partnership with a best in class institutional investor enhances PSC's capacity to realize opportunities from its growing pipeline and will further propel the Company's growth."
About Peaceable Street Capital
About Orangewood Partners
About SunBridge Capital Management, LLC SunBridge employs a thematic research-based approach to investing in public and private companies across industries and verticals. SunBridge is focused on partnering with high-caliber management teams to invest in growth oriented businesses. With a base of permanent capital, SunBridge collaborates with management teams to grow companies that create long-term shareholder value. For more information, please visit www.sunbridgecap.com.
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