Pi Capital Advises Money360 on $250 million South Korean Financing Vehicle

NEW YORK, April 18, 2017 /PRNewswire/ — Pi Capital International LLC (“Pi Capital“) is pleased to announce that it was the exclusive financial advisor and placement agent to Money360, Inc. for a structured debt facility of up to $250 million. The financing vehicle is designed to allow Money360 to employ funding as it provides commercial real estate loans to its U.S. client base. The fund provides Korean investors with a short-duration, high-yield fixed-income instrument.

“A central tenet of Pi Capital’s strategy is our ability to access deep pools of alternative capital around the world and especially in Asia and the Middle East. These pools provide attractive capital raising arbitrages for U.S. companies and we look forward to bringing more of these options to our clients,” said Steve Carlson, Managing Partner of Pi Capital.

“We have been present in Korea for almost a decade and the depth of our local relationships helps to provide that essential bridge between local investors seeking global yield but wanting the benefit of locally established structures,” said Matt Yoon, Pi Capital’s Head of Asia. “This is the investment and advisory model we seek to replicate across the region.”

“The fund raise by Pi Capital will allow us to substantially increase our assets under management,” said Evan Gentry, M360 Advisors’ CEO. “We believe this gives us a competitive advantage with an anticipated $250 million investment from one of South Korea’s most reputable financial institutions.”

About Money360, Inc.

Money360’s vision is to transform commercial real estate finance into a fast, transparent, and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors.

Further information on Money360 is available at www.money360.com.

About Pi Capital International LLC

Pi Capital provides financial advisory services to corporations, governments and financial sponsors enabling its clients to make and execute the strategic decisions needed for success in domestic and global markets. Pi Capital’s services include advising on mergers and acquisitions, recapitalizations and restructurings, and raising private capital. The firm’s global network of clients and capital providers spans North America, Asia, Latin America and EMEA. Pi Capital’s team consists of experienced international bankers, familiar with cross border complexity and cultural nuances, delivering transaction, sector and product expertise. Pi Capital offers access to alternative investment and non-traditional pools of capital. Today, Pi Capital focuses on the financial institutions, industrials, automotive and energy sectors. All regulated activities are conducted through Marco Polo Securities Inc. (member FINRA/SIPC).

Further information on Pi Capital is available at www.picapitalllc.com.

About Marco Polo Securities, Inc.

Marco Polo Securities Inc. is a U.S.-registered broker dealer offering global execution, regulatory and distribution capabilities. Marco Polo was the pioneering platform in building cross border electronic trading infrastructure to enable global institutional flows and the firm’s regulatory and distribution partnership with local securities firms currently encompass 80 countries. Marco Polo provides a unique distribution and regulatory network for capital raising and wealth management in the global markets. Marco Polo is a member of FINRA, NFA and SIPC.

Further information on Marco Polo is available at www.mpsecurities.com. 

CONTACT:

Pi Capital International LLC

Taylor V. JamesChief Administrative Officer
(347) 670-1530
tjames@picapitalllc.com

Marco Polo Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number 46561.

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SOURCE Pi Capital International LLC