Alpha Group International plc (LON:ALPH) today announced the launch of Alpha Match.
Alpha Match is Alpha’s digital debt mediation service. It aims to disrupt the mutual fund financing industry with its unbiased database of over 290 lenders – making the process of finding and securing the right lender and terms more transparent and efficient.
Increased regulatory pressure coupled with consolidation in the mutual fund funding space has led to a much-discussed liquidity gap, with small and mid-cap private equity struggling to secure capital facilities. However, Alpha Match has identified and listed more than 290 profiles of lenders active in the space.
While it is certainly true that the lender landscape has changed and appetites have changed, Alpha Match found that there are many bank and non-bank lenders operating across the spectrum of the private equity market.
Against a backdrop of increased LP scrutiny of NAV facilities, Alpha Match comes at a critical time for private equity managers, investors and their lenders.
As part of the platform’s launch, borrowers will be able to check their initial requirements through the company’s website to see how many lenders currently meet their basic requirements.