Friday, October 22, 2021
84.5 F
Fort Worth

Fort Worth-based group to work with diamond finance company

🕐 1 min read

DelGatto Diamond Finance, an institutional diamond finance company, on Oct. 23 announced it has received a $100 million facility from Fort Worth-based Crestline Investors Inc., a credit focused institutional alternative asset manager. The investment enhances DelGatto’s ability to meet growing financing demand across all major diamond and jewelry markets.

New York-based DelGatto Diamond Finance is a leading collateral-based alternative finance provider to the diamond and jewelry industry. Since the inception of its initial fund, DelGatto Diamond Finance Fund, the firm has financed more than 75 companies globally. Drawing on 25 years of experience, Christopher Del Gatto, the founder and CEO, provides unique value for midstream players.

“We are delighted for our partnership with Crestline as we continue to finance the midstream diamond and jewelry industry,” said Del Gatto, “I am confident that Crestline’s expertise in direct lending will be an asset for us as we expand our financing across the globe.”

“We are excited to work with DelGatto to service diamond participants and we look forward to collaborating with their team as they continue to establish themselves as the primary non-bank finance platform for this unique industry,” said Rahul Vaid, managing director at Crestline Investors.

Crestline Investors specializes in credit and opportunistic investments, including financing and restructuring solutions for mature private equity funds.

Related Articles

Our Digital Sponsors

Latest Articles

Texas Rangers
Fort Worth Business Press Logo
This advertisement will close in
Click here to continue to Fort Worth Business Press

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate