RGA announces investment and partnership with Velocity Capital Advisors
Summary
Velocity Structured Solutions , which has assets under management approaching $1.5 billion, provides cost effective, long-term capital to help sponsors of any fund type or sector enhance returns, optimize portfolio company balance sheets, or create liquidity for growth, succession planning or distributions. “We are excited about our strategic relationship with Velocity, which benefits both organizations, and provides RGA with another avenue to access attractive private assets. “The entire Velocity team is grateful for and humbled by the support that all of our borrowers and investors have shown in our business since inception. They share our strategic vision for the business which is premised on providing tailored capital solutions to meet the unique liquidity needs of the alternative asset secondary market. With RGA’s support, and that of our other investors, we believe that we can continue to strengthen our market position by delivering a differentiated value proposition to all of the constituents that we serve.” – Ed Levy, Co-Founder and Managing Partner, Velocity.