Waterfall Asset Management

Waterfall Asset Management, LLC is an SEC-registered specialist credit adviser focused on High Yield Asset Backed Security (ABS) and loan investments. The firm sources, analyzes, and purchases ABS and loan investments across multiple sectors globally. As of December 31, 2014, Waterfall had approximately $4.3 billion in assets under management.

Russ Andrews

MD, Business Development

Crager Boardman

COO

Brian Breakstone

CFO

Thomas Buttacavoli

Portfolio Manager

Thomas Edward Capasse

Managing Partner and Co-Founder

Patrick Lo

Portfolio Manager

John Nelligan

MD, Private Equity

Bruce Rodio

MD, Business Development and Investor Relations

Jack Ross

Managing Partner and Co-Founder

31 past transactions

BorrowersFirst

Debt Financing in 2017
Our name says it all. We provide personal loans, and give our customers the lowest rates possible. No perks on our end. We spend less to give you more. *BorrowersFirst, BorrowersFirst.com, the BorrowersFirst logo, and ConnectedCredit are trademarks of BorrowersFirst, Inc., a Delaware corporation.

General Electric Capital Corporation, Portfolio of 265 Small-Balance Loans Totaling $565 Million

Merger/Acquisition in 2015
General Electric Capital Corporation, Portfolio of 265 Small-Balance Loans Totaling $565 Million comprises 265 small-balance loans worth $565 million.

finn GmbH

Debt Financing in 2022
At finn our mission is to make mobility fun and sustainable: We help everyone who loves driving their own car but refuses the struggle, commitment and intransparent costs associated with car ownership. We achieve this by offering all-inclusive, immediately available, monthly car-subscriptions. Best thing, yet: While you drive we plant trees as every journey is CO2 compensated.

Northridge II Building in Herndon, Virginia

Merger/Acquisition in 2020
Northridge II Building in Herndon, Virginia comprises a building and is located in the United States.

finn GmbH

Debt Financing in 2021
At finn our mission is to make mobility fun and sustainable: We help everyone who loves driving their own car but refuses the struggle, commitment and intransparent costs associated with car ownership. We achieve this by offering all-inclusive, immediately available, monthly car-subscriptions. Best thing, yet: While you drive we plant trees as every journey is CO2 compensated.

Portfolio of Non-Performing Assets

Merger/Acquisition in 2019
Portfolio of Non-Performing Assets comprise real estate properties and non-performing loans. The asset is located in Spain.

EdgeCo

Private Equity Round in 2017
EdgeCo is a provider of best-in-class technology-enabled solutions for financial intermediaries and their clients.

Fundation

Debt Financing in 2018
Fundation Group LLC develops and provides digital credit lending platform that connects financial institutions and small businesses. The company partners with banks and other institutions to provide working capital and growth capital to the small business community. It offers outsourced lending and referral programs, along with point of sale financing solutions. Fundation Group LLC was founded in 2011 and is based in Reston, Virginia.

Four Points Business Park in San Diego, California

Merger/Acquisition in 2019
Four Points Business Park in San Diego, California comprises multi tenant three-building business parks covering an area of 124,712 square foot. The property is located in San Diego, California.

Flex Fleet Rental LLC

Venture Round in 2019
Flex Fleet Rental offers 4×4 light-duty truck rentals to commercial operations and consumers nationwide. We are a team of truck rental professionals who focus on customer relationships and making the truck rental process more efficient. We deliver the right trucks, at the right time, and in the right place. We offer light and heavy duty pick up trucks (including 1/2 ton and 3/4 ton trucks) and flatbed trucks (including 1 ton and 1.5 ton trucks).

Lendable

Debt Financing in 2019
Lendable is a lending platform. When you borrow money, it comes straight from an investor. Unlike banks, who hand out loans from piles of cash they look after on behalf of savers. Their platform is super-fast (you’ll see in a moment), and makes lending as hassle- free as possible. It’s a matter of a few clicks and you get your quote. Unlike banks, who require paperwork and run expensive branch networks.

Flex Fleet Rental LLC

Merger/Acquisition in 2019
Flex Fleet Rental offers 4×4 light-duty truck rentals to commercial operations and consumers nationwide. We are a team of truck rental professionals who focus on customer relationships and making the truck rental process more efficient. We deliver the right trucks, at the right time, and in the right place. We offer light and heavy duty pick up trucks (including 1/2 ton and 3/4 ton trucks) and flatbed trucks (including 1 ton and 1.5 ton trucks).
When Funding Circle was founded, they could see that businesses weren’t being given the finance to grow, while investors were making poor returns. They had a simple idea — let them support each other. By lending directly to businesses through Funding Circle, investors can now earn attractive returns to better provide for their future. Businesses get fast, easy access to funding to grow, create jobs, support local communities and drive the economy forward. They believe it’s better for everyone.

FlexShopper

Post in 2015
FlexShopper operates as an online lease to own marketplace. It offers over 140,000 products from electronic, furniture, and appliance brands at an affordable weekly price. It provides a flexible and easy way to get the furniture, electronics, appliances, and other popular brand name goods with affordable, weekly payments. The company was founded in 2003 and is headquartered in Boca Raton, Florida.

Lendable

Debt Financing in 2019
Lendable is a lending platform. When you borrow money, it comes straight from an investor. Unlike banks, who hand out loans from piles of cash they look after on behalf of savers. Their platform is super-fast (you’ll see in a moment), and makes lending as hassle- free as possible. It’s a matter of a few clicks and you get your quote. Unlike banks, who require paperwork and run expensive branch networks.

Deserve, Inc.

Debt Financing in 2022
Deserve, Inc. provides credit cards and other financial products to international students in the United States. It determines student’s ability to repay using various predictive attributes, such as education, major, cost of education, source of initial funding, and future employability. The company was formerly known as Tremus, Inc. and changed its name to Deserve, Inc. in October 2017. Deserve, Inc. was incorporated in 2012 and is based in Menlo Park, California.

Flexiti Financial

Debt Financing in 2021
Flexiti Financial Inc., a sales financing company provides sales financing options with lower interest rates, longer payment terms, and revolving credit. The company offers point-of-sale financing for customers using a mobile application process and patented ID scanning technology. It serves businesses, consumers, and investors. The company was founded in 2013 and is based in Toronto, Canada with additional office in Rosario, Argentina.

finn GmbH

Series B in 2022
At finn our mission is to make mobility fun and sustainable: We help everyone who loves driving their own car but refuses the struggle, commitment and intransparent costs associated with car ownership. We achieve this by offering all-inclusive, immediately available, monthly car-subscriptions. Best thing, yet: While you drive we plant trees as every journey is CO2 compensated.

Ribbon Home, Inc.

Series C in 2021
Ribbon was created to make home ownership achievable. We work with Realtors in local markets to give their clients the freedom to buy the home they want now and the time and flexibility to sell their existing home for the best possible price. We believe that any family buying their next home should have access to simpler and stress free process.

Golden Bear Plaza Office Complex in Palm Beach Gardens

Merger/Acquisition in 2020
Golden Bear Plaza Office Complex in Palm Beach Gardens a three building office complex. The asset is located in the United States.

Citymark Building In Uptown

Merger/Acquisition in 2019
Citymark Building In Uptown comprises an office building. Citymark Building In Uptown is located in the United States.

Milford Crossing

Merger/Acquisition in 2019
Milford Crossing comprises a shopping center. The asset is located in the Unites States.

Future Finance

Debt Financing in 2018
Future Finance is a non-government lender that offers student loans. Its mission is to provide loans for students that are simple, straightforward, and based on where they're heading, not where they've been. Future Finance helps students focus on what matters. Therefore, it aims to ensure everyone has the freedom to focus on their studies or kickstart their career whatever their financial background may be. It was founded in 2014 by Brian Norton and Vishal Garg and is headquartered in Dublin.

Non-Performing Credit Portfolio of Eurobank Ergasias S.A.

Merger/Acquisition in 2018
Non-Performing Credit Portfolio of Eurobank Ergasias S.A. comprises non-performing loans. The asset is located in Greece.

167,000 Square Foot Chemical Building

Merger/Acquisition in 2015
167,000 Square Foot Chemical Building comprises a real estate property located in the United States.