Golden Pear | Jotup

KBRA Assigns Preliminary Ratings to PEAR 2024-1, LLC

Retrieved on:

Monday, February 5, 2024

Banking, Professional Services, Finance, ABS, Golden Pear, PEAR, KBRA, Telescopic sight

KBRA assigns preliminary ratings to three classes of notes issued by PEAR 2024-1, LLC (PEAR 2024-1), a securitization collateralized by litigation finance receivables and medical receivables.

Key Points:

KBRA assigns preliminary ratings to three classes of notes issued by PEAR 2024-1, LLC (PEAR 2024-1), a securitization collateralized by litigation finance receivables and medical receivables.
PEAR 2024-1 represents Golden Pear Funding OpCo, LLC’s (Golden Pear or the Company) fifth litigation finance ABS.
Golden Pear is a litigation finance company that conducts business throughout the U.S. but is concentrated primarily in the New York area.
As of December 2023, the Company, including originations of predecessor company Golden Pear Funding, LLC, has funded over $1 billion in aggregate advances dating back to its founding in 2008.

Actress Julianne Michelle Hosts a Dinner on Saturday, July 29, 2023, in Water Mill, NY for Mommy's Heart

Retrieved on:

Tuesday, August 15, 2023

Speakers included former Brooklyn Assistant District Attorney Charles M. Guria and NYC Assemblymember Rebecca Seawright.

Key Points:

Speakers included former Brooklyn Assistant District Attorney Charles M. Guria and NYC Assemblymember Rebecca Seawright.
Emmy-winning TV host, radio host, best-selling author, and Host Committee member Rita Cosby emceed, and comedian Dan Nainan served as live auctioneer.
The evening included cocktails, dinner, dessert, performances by Lauren Frazza and jazz pianist Jon Weber, and DJ Remniqe.
Mommy's Heart provides free legal and mental health services to abuse survivors facing retaliatory lawfare by their abusers.

New Securitization Fuels Growth for Golden Pear Funding OpCo, LLC

Retrieved on:

Thursday, July 27, 2023

Amos, KBRA, Golden Pear, CFO, Growth, Jules Kroll, ABS, PEAR, Golden, Renewable energy

JERSEY CITY, N.J., July 27, 2023 (GLOBE NEWSWIRE) -- Golden Pear Funding OpCo, LLC announced Kroll Bond Rating Agency (KBRA) assigns a rating to three classes of notes from PEAR 2023-1, LLC – a $98.6 million litigation finance asset-backed security (ABS) transaction.

Key Points:

JERSEY CITY, N.J., July 27, 2023 (GLOBE NEWSWIRE) -- Golden Pear Funding OpCo, LLC announced Kroll Bond Rating Agency (KBRA) assigns a rating to three classes of notes from PEAR 2023-1, LLC – a $98.6 million litigation finance asset-backed security (ABS) transaction.
The PEAR 2023-1, LLC transaction represents Golden Pear’s fourth-rated security collateralized by litigation finance receivables.
With this latest milestone, we look forward to serving our clients and partners even more efficiently," says Gary Amos, CEO at Golden Pear Funding OpCo, LLC.
The liquidity will continue to support our consistent financial performance in this next stage of growth,” says Daniel Amsellem, CFO at Golden Pear Funding OpCo, LLC.

KBRA Assigns Preliminary Ratings to PEAR 2023-1, LLC

Retrieved on:

Monday, July 10, 2023

Professional Services, Finance, KBRA, Golden Pear, No. 1 Medical Receiving Station RAAF, ABS, Lawsuit, PEAR, Bank, Telescopic sight

KBRA assigns preliminary ratings to three classes of notes issued by PEAR 2023-1, LLC (PEAR 2023-1), a securitization collateralized by litigation finance receivables and medical receivables.

Key Points:

KBRA assigns preliminary ratings to three classes of notes issued by PEAR 2023-1, LLC (PEAR 2023-1), a securitization collateralized by litigation finance receivables and medical receivables.
PEAR 2023-1 represents Golden Pear Funding OpCo, LLC’s (Golden Pear or the Company) fourth litigation finance ABS.
Golden Pear is a litigation finance company that conducts business throughout the U.S. but is concentrated primarily in the New York area.
As of June 2023, the Company, including originations of predecessor company Golden Pear Funding, LLC, has funded over $900 million in aggregate advances dating back to its founding in 2008.

Second Securitization Continues Strategic Focus for Golden Pear Funding OpCo, LLC

Retrieved on:

Thursday, January 20, 2022

Amos, Technology, KBRA, ABS, CEO, Physician, GLOBE, Golden Pear, Pear, CFO, Golden, LLC, Partnership, PEAR, Public relations

JERSEY CITY, N.J., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Golden Pear Funding OpCo, LLC announced Kroll Bond Rating Agency (KBRA) assigned ratings to two classes of notes from PEAR 2021-1, LLC - an $121.7 million litigation finance asset backed security (ABS) transaction. The PEAR 2021-1, LLC transaction represents Golden Pear’s second rated security collateralized by litigation finance receivables, following a successful securitization transaction in 2020.

Key Points:

The PEAR 2021-1, LLC transaction represents Golden Pears second rated security collateralized by litigation finance receivables, following a successful securitization transaction in 2020.
With our second securitization, we will continue to scale the business and drive our growth strategy with a focus on service driven by technology and innovation for our clients and partners, says Gary Amos, CEO at Golden Pear Funding OpCo, LLC.
Validation with our second securitization will allow Golden Pear to capitalize on a number of strategic initiatives and position the company as a trusted market leader for our investors, clients and partners, says Daniel Amsellem, CFO at Golden Pear Funding OpCo, LLC.
About Golden Pear Funding OpCo, LLC: Golden Pear is one of the largest specialty finance companies in the United States funding legal matters and purchasing medical receivables from physicians and medical centers.

Golden Pear Funding Closes $55.0 Million Corporate Note Financing

Retrieved on:

Wednesday, January 12, 2022

Amos, Growth, Senior, LLC, BBB, GLOBE, Partnership, Physician, Golden Pear, Bank, Financial services

JERSEY CITY, N.J., Jan. 12, 2022 (GLOBE NEWSWIRE) -- Golden Pear Funding (Golden Pear), a national leader in pre-settlement legal funding, announced the closing of a $55.0 million investment-grade rated, Senior Secured Corporate Note financing.

Key Points:

JERSEY CITY, N.J., Jan. 12, 2022 (GLOBE NEWSWIRE) -- Golden Pear Funding (Golden Pear), a national leader in pre-settlement legal funding, announced the closing of a $55.0 million investment-grade rated, Senior Secured Corporate Note financing.
Since inception, Golden Pear has funded over $735 million in aggregate to more than 62,000 clients nationwide.
"This transaction gives Golden Pear the financial flexibility to continue building the best independent, specialty finance platform serving the consumer litigation marketplace," stated Gary Amos, Chief Executive Officer of Golden Pear.
Daniel Amsellem, Chief Financial Officer of Golden Pear, added, "Our capital strategy continues to be an important point of competitive differentiation for Golden Pear.