October 8, 2018 |
Latitude20 Capital Partners finalizes $250m partnership with Corrum Capital Management
Structured trade finance unit Latitude20 Capital Partners (Lat20) has secured additional funding from Corrum Capital Management after the pair inked a partnership to aid Latin America's small- and medium-sized enterprises (SMEs).
The private investment firm will commit up to $250m towards the partnership with Lat20, enabling the latter to serve as Corrum Capital's trade finance platform in the region.
Lat20 also closed a senior secured credit facility with Tennenbaum Capital Partners, which has now been acquired by BlackRock, Lat20 said in a statement.
Founded in 2014, Lat20 provides senior structured trade facilities to agriculture, aquaculture-based SME exporters and processors.