FINVEST’s Multisector Alternative Credit Platform
In 2010, FINVEST launched Captalys, a specialty finance company with a platform that provides technological and operational support for multiple innovative non-bank credit products on a proprietary basis.
Captalys medium and long-term direct lending products provide companies with a competitive alternative to bank financing that helps them effectively manage their cash flow, borrow against future sales for investments, and cover unanticipated capital needs.
Today, Captalys offers financing solutions to the healthcare, retail and real estate sectors. Through its Lender Finance arm, Captalys also offers customized financial solutions to payment processors, including acquirers, sub-acquirers, benefit, debit and credit card companies, as well as to other niche commercial finance companies with solid credit processes.
Captalys operates through structured credit funds and securitization trusts (“FDICs”) where it seeks to sell the senior tranches to institutional investors.
FINVEST was joined in Captalys by Morgan Rio Capital Management, a US-based credit and real estate-focused hedge fund, and Two Sigma Private Investments, the private equity arm of Two Sigma Investments, a large New York City hedge fund.
A Real Estate Structured Credit Platform (DIVESTED)
In late 1999, immediately after the passing of new and disruptive legislation that created capital market instruments for the real estate sector such as mortgage-backed securities and REITs that revolutionized funding alternatives for the real estate sector in Brazil, until then entirely dependent on traditional bank financing, FINVEST launched its real estate credit and securitization operations, later grouped under present day RB Capital.
The company is today one of Brazil’s leading providers of structured credit solutions to corporations and sponsors within a broad range of sectors so as to (i) complement capital needs; (ii) finance investments through equity or debt instruments; and (iii) optimize capital structures, with a proven success in distributing alternative fixed income securities to investors.
Through its asset management affiliate, RB Capital seeks to provide its investors with capital preservation and superior risk adjusted returns in a management structure that aligns the interests of investors and managers and bringing to bear significant experience in investment management, structured credit and alternative financing associated with real estate and infrastructure projects.
Brazil´s first Credit and Bond Insurance company (DIVESTED)
UBF Seguros, was Brazil’s first credit and bond insurance company. It was established to provide a more efficient alternative to bank guarantees and pioneer the concept of commercial credit insurance and surety in Brazil.
Created by FINVEST´s founder in association with Banco Pactual, the company was acquired by Swiss Re, Switzerland in 2012 and now operates under the brand Swiss Re Corporate Solutions Brasil Seguros SA.
In October 2016, the company and Bradesco Seguros launched a joint venture to create one of Brazil´s leading commercial large-risk insurers where the latter took a 40% stake of the company’s equity.