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Matthias Knab, Opalesque: Origami Capital Partners announces its closing of a strategic
partnership with Coromandel Capital, a Los Angeles based lender of senior secured, asset-backed capital. As part of the transaction, Origami will support Coromandel to accelerate the
growth of its lending programs.
Coromandel crafts customized credit solutions for borrowers across FinTech, specialty finance,
and other asset-intensive sectors. Since launching in 2019, Coromandel deployed capital with
disciplined underwriting through challenging market cycles.
The collaboration enables Coromandel to seize opportunities, in conjunction with Origami, to
scale its origination capacity and extend its reach across a broader and more diverse borrower
base. In collaboration with Origami, Coromandel will continue to focus on high-quality, primarily
self-liquidating asset pools with strong structural protections.
"Origami has a long history creating bespoke capital solutions to permit good businesses to
thrive," said Jeff Young, Managing Partner at Origami Capital Partners. "We're excited to support
Coromandel's next chapter. Together we see a tremendous opportunity to capitalize on a
compelling white space in asset-backed credit."
"Coromandel is energized by its partnership with Origami, underpinned by a shared, symbiotic
vision to remain an ardent, steadfast supporters of the FinTech and Specialty Finance
ecosystems with innovative Asset-Based Lending (ABL) solutions", said R...................... To view our full article Click here
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