{"id":10557,"date":"2009-05-11T00:00:00","date_gmt":"2009-05-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"silo-forges-100m-venture-with-private-equity-players","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2009\/silo-forges-100m-venture-with-private-equity-players.html","title":{"rendered":"Silo Forges $100M Venture With Private Equity Players"},"content":{"rendered":"<p>GlobeSt.com &#8211; Locally based direct private lender Silo Financial Corp. has formed an alliance with a New York City-based private equity fund to concentrate on non-performing loans, says Silo founder Jonathan Daniel. The fund has earmarked $100 million &quot;for opportunistic real estate lending, acquiring non-performing loans, lending against nonperforming loans and potentially even doing some strategic preferred equity,&quot; Daniel tells GlobeSt.com. <\/p>\n<p>The time is ripe for such a venture, in the view of Daniel and the founders of KPO Ventures, two former partners at multi-billion-dollar hedge funds. &quot;Obviously, the current environment is very conducive for private lending, due to the fact that there&rsquo;s no capital out there,&quot; says Daniel. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.globest.com\/news\/1407_1407\/stamford\/178570-1.html\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GlobeSt.com &#8211; Locally based direct private lender Silo Financial Corp. has formed an alliance with a New York City-based private equity fund to concentrate on non-performing loans, says Silo founder Jonathan Daniel. The fund has earmarked $100 million &quot;for opportunistic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[310,3320,1713,11488,11492,2471,11495,11489,11494,4830,4778,11491,11490,11091,11493],"class_list":["post-10557","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-100-million","tag-founders","tag-jonathan","tag-jonathan-daniel","tag-kpo","tag-new-york-city","tag-non-performing-loans","tag-nonperforming-loans","tag-opportunistic-real-estate","tag-preferred-equity","tag-private-equity-fund","tag-private-lender","tag-private-lending","tag-quot","tag-silo"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10557"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10557\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}