Private Equity
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Dallas-based Special Servicer Wingspan Gets Private Equity Investment
Dec 10, 2008JAM Equity Partners, LLC and its affiliates said Wednesday that the private equity fund manager has agreed to a $2.5 million investment in Wingspan Portfolio Advisors, a Dallas-based mortgage servicer specializing in highly delinquent loans. Proceeds from the financing will be used to build out the company’s servicing and technology platform, both companies said in a joint press statement; JAM’s investment includes an option to invest additional capital.
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