04 April 2025 | Friday | News
Park Cities Asset Management, a leader in providing innovative asset-based lending (ABL) solutions, is pleased to announce the adoption of SUBSCRIBE. This strategic move underscores Park Cities' commitment to leveraging cutting-edge technology to deliver differentiated and top-performing financial services to wealth managers and independent Registered Investment Advisors (RIAs). The integration of SUBSCRIBE is expected to streamline and digitize Park Cities' investor onboarding process, creating a more efficient investing experience for wealth managers and their clients.
In the fast-growing private credit universe, interest is building around asset-based lending (ABL), a sector that offers compelling and consistent diversifying return potential. ABL is considered the next frontier of private credit, and the U.S. market is estimated to be approximately $20 trillion. Secured by hard assets as collateral, ABL provides critical funding across the global economy in residential mortgage, consumer credit, and commercial finance.
By adopting the innovative private markets platform, Park Cities is better positioned to engage prospective investors with the merits of its unique lower middle market ABL capabilities.
Enhancing Client Experience and Operational Efficiency
SUBSCRIBE is renowned for its ability to simplify and accelerate the onboarding process, reducing the time and complexity traditionally associated with investor engagement. For Park Cities' clients, this means enhanced access to investment opportunities, streamlined communication, and improved transparency throughout the investment lifecycle.
"We are excited to integrate SUBSCRIBE into our fundraising process," said Alex Dunev, Managing Partner of Park Cities Asset Management. "This adoption is a testament to our dedication to providing private credit investors with superior service and access to the most innovative financial solutions in the market. It aligns perfectly with our mission to deliver exceptional value and performance through cutting-edge technology and expertise."
Fintech Business Asia, a business of FinTech Business Review
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