Technology-focused private credit firm Edge Focus has closed two deals worth more than $100m for new consumer loan asset-backed securitisations (ABS).
The firm has completed two pass-through deals for its third and fourth ABS, named EDGEX 2026-PT1 and EDGEX 2026-PT2, both backed by more than $100m of unsecured consumer loans.
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“The latest EDGEX deals illustrate the continued opportunity for asset backed securities in today’s market,” said Elliott Lorenz, co-founder and chief executive of Edge Focus. “There is clear demand from institutional investors for scalable, attractive capital, and our modern underwriting technology combined with disciplined credit has proven to create just that.”
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The transactions were co-sponsored by Nelnet Bank, a wholly owned subsidiary of US loan servicer Nelnet. Investors include a multibillion-dollar hedge fund and an investment bank, Edge Focus said.
According to the firm, the transactions used Edge Focus’s underwriting platform, Origin, and its Lens platform to execute its loan origination and capital markets strategies.
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