Portsmouth, NH – American Foundry Specialty Finance Fund, a leading player in the finance industry, is thrilled to announce the successful breaking of escrow for its private fund offering focused on accounts receivables financing.
This milestone marks a significant achievement for American Foundry Specialty Finance Fund as it continues to solidify its position as an innovative and reliable partner in the financial sector. The fund’s strategic focus on accounts receivables financing positions it uniquely to meet the evolving needs of businesses seeking flexible and tailored financial solutions.
The private fund offering garnered substantial interest from a diverse group of investors, showcasing confidence in American Foundry’s ability to deliver value in the dynamic landscape of specialty finance. The funds raised have already been fully deployed in two investments; one company that provides a supply chain financing solutions platform to middle market companies and a second to a retail energy supplier serving gas and electric customers operating in 8 states and engaged in over 35+ utility companies.
“We are excited to announce the successful breaking of escrow and funding of our first two deals for our private fund offering, underscoring the confidence investors have in American Foundry Specialty Finance Fund,” said Thomas Donahue, Chief Investment Officer. “This marks a pivotal moment in our journey as we strive to empower businesses through innovative accounts receivables financing solutions. The support from our investors enables us to accelerate our growth and continue delivering excellence in the finance sector.”
Accounts receivables financing is a crucial component of American Foundry’s strategy, offering businesses a reliable source of working capital by leveraging their outstanding invoices. This approach provides companies with the financial flexibility needed to fuel growth, manage cash flow, and navigate economic uncertainties effectively.
American Foundry Specialty Finance Fund remains committed to transparency, integrity, and excellence in its operations. The breaking of escrow is a testament to the fund’s dedication to delivering tangible value to its investors and clients.
For media inquiries, please contact:
Chief Executive Officer
About American Foundry Specialty Finance Fund:
American Foundry Specialty Finance Fund is a leading financial institution specializing in accounts receivables financing. With a commitment to innovation and client success, the fund provides flexible and tailored financial solutions to businesses across various industries. American Foundry is dedicated to empowering businesses to thrive in today’s dynamic economic environment.
About American Foundry Investment Advisors:
Founded in 2023 by industry veterans, American Foundry Investment Advisors, LLC is a joint venture between American Elm Holding, LLC (“American Elm”) a distribution and compliance consulting firm, and Capital Foundry, LLC (“Cap Foundry”). American Foundry seeks to provide strategic growth capital to meet the needs of small and medium size businesses in the United States.
IMPORTANT RISK DISCLOSURES
American Foundry Specialty Finance Fund, LP (the“Fund”) is exempt from registration under the SecuritiesActof1933,as amended. American Foundry Investment Advisors, LLC is an exempt reporting advisor in the State of New Hampshire. The Fund has not made any representation or warranty, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness, or completeness of any of the information contained herein (including but not limited to, information obtained from third parties unrelated to the Fund and its affiliates), and expressly disclaims any responsibility or liability for such information. This press release does not constitute an offer to sell, or a solicitation of an offer to buy or any recommendation to buy any security or any other product or service by the Fund or any third party regardless of whether such security, product, or service is referenced in this presentation. Any such offer or solicitation will be made solely by a private placement memorandum. An investment in The Fund is illiquid, involves high risk, and there are no guarantees that the objectives or targeted returns will be achieved.
FOR INSTITUTIONAL USE ONLY | NOT FOR PUBLIC USE