Flexpoint Ford closes financial services fund

Chicago-based firm Flexpoint Ford closed its second asset-focused investment fund at $825 million.

Flexpoint Asset Opportunity Fund II is leveraging the firm’s focus and expertise in financial services private equity to invest in opportunistic asset-driven investments across financial services subsectors and assets. Asset Fund II will have a diversified portfolio of financial assets and structured investments.

Flexpoint Ford CEO Don Edwards (provided)

Roughly 90% of the new fund’s assets came from existing investors in what was a limited fundraising process, according to Don Edwards, CEO of Flexpoint Ford. “We attribute . . .

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