Next Edge Capital Corp. signs Relationship Agreement with Liquid Capital Corporation
TORONTO, Aug. 26, 2014 /CNW/ - Next Edge Capital Corp. ("Next Edge") is pleased to announce that a Relationship Agreement (the "Agreement") has been signed with Liquid Capital Corporation ("Liquid Capital") effective August 6th, 2014.
The Agreement with this Credit Manager will form part of a larger stable of private debt and credit opportunities for the Next Edge Private Debt Fund (the "Fund"). The Agreement will allow Next Edge and the Fund to utilize the vast experience and expertise which Liquid Capital offers as a credit advisor, to facilitate participation in the accounts receivable financing space throughout North America.
Toreigh Stuart, Chief Executive Officer of Next Edge states, "We are pleased to have the management team at Liquid Capital on board to assist us in bringing our advisors and investors access to one of the preeminent credit and trade finance companies in North America. High-net worth investors seeking a balance of yield, low volatility and uncorrelated returns will be interested in the upcoming offering which we expect to launch in the first week of September."
"After many months of discussion and deliberation, we are pleased to be in a relationship with a firm like Next Edge." says Sol Roter, Chief Executive Officer of Liquid Capital. "Working with the Next Edge team is going to be very beneficial to our various stakeholders and Liquid Capital Principals. This relationship opens the door for the company to take advantage of many great trade finance based opportunities and operate in the under-banked SME market both in Canada and in the Unites States. Historically, our network has been closed to outside investment but, with Next Edge, we look forward to allowing outside participants to be involved with our proprietary Liquid Capital Exchange network through the Next Edge offering."
About Next Edge Capital:
Next Edge was formed through a management spin out of the Canadian office of Man Investments Canada Corp. The management team opened the Canadian office of Man Group plc. ("Man") in 2006 and has raised over CDN $1.0 billion since inception. Next Edge continues to support a number of the Canadian retail products offered by Man.
Next Edge searches the world for investment managers and strategies that aim to deliver robust risk-adjusted performance. The people and approaches we discover may not be well known in Canada, but we think they provide something remarkable – access to what's next. Our job is to cut through all the noise of short term performance and extra risk-taking to discern real talent. Our clients appreciate being first to see compelling new approaches, even though some are complex or are limited in capacity. For more than a decade, the Next Edge management team has provided rare access to unique strategies before they became widely known. Further information can be found at www.nextedgecapital.com.
About Liquid Capital:
Since 1999, Liquid Capital Corporation has been operating in the factoring and trade finance business. Over that period of time, the company has processed over $1 billion in accounts receivables and trade finance transactions through both its Canadian headquarters in Toronto and US headquarters in Dallas. The company also has a master franchise relationship in Mexico. Through its 80+ franchised office network, the company locally originates, manages, and funds accounts receivables and trade finance transactions. Further information can be found at www.liquidcapitalcorp.com.
Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment services.
Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.
SOURCE: Next Edge Capital Corp.
Inquiries: Toreigh Stuart, CEO, Next Edge Capital Corp., (416) 775-3636, [email protected]; Or please contact Next Edge toll-free at 1 877 860-1080 or 416 775-3600
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