Change Capital Establishes Partnership with Hedge Fund

Change Capital, a short-term capital provider, entered a partnership with a publicly-traded hedge fund. As part of the relationship, the hedge fund will provide a $25 million credit facility to help Change Capital execute on debt opportunities and continue the growth of its commercial finance line of business.

“The past year has been incredibly challenging for all. We are very fortunate to have weathered the pandemic and are grateful to have emerged much stronger,” Raffi Azadian, CEO and founder of Change Capital, said. “This new facility will enable us to continue to meet the high level of demand for commercial financing, as well as provide a solid foundation from which we can capitalize on what we expect to be tremendous growth in the economy over the next several years. We are thrilled to have partnered with an experienced, well-capitalized, institutional fund with global reach and scale and are looking forward to continuing to develop this relationship for years to come.”