Eltura receives $150m in commitments for credit assets

Alternative investment manager Eltura Capital has secured commitments amounting to $150m (£118.8m) from two strategic partners.

The funds will be used to support the firm’s consumer and commercial assets.

Eltura specialises in asset-based finance and structured credit opportunities. It follows a dual investment and advisory strategy, with both origination and structuring capabilities.

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This latest funding commitment came from two unnamed partners, and Eltura said that it will help the firm to focus on sourcing and structuring more business opportunities within the dynamic structured finance market.

“These partnerships mark a major milestone for Eltura and strengthen the firm’s position in the market as asset-based finance continues to come into focus in the private credit arena,” said Martin Ego, Eltura’s founding partner and chief executive.

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“With the support of these strategic partners, Eltura is poised for growth with expanded capabilities and a more versatile approach to credit opportunities, specifically whole loan portfolios and forward flow programs.”

Eltura was founded in 2021 by senior structured finance bankers and service providers to source, structure, and service transactions with an emphasis on the active management of investments across the structured credit landscape.

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