SAN DIEGO, April 26, 2022 /PRNewswire/ — Goal Investment Management, a San Diego, announces the launch and first closing of Goal Investment Credit Fund, which invests in consumer credit assets in the United States. The first fence was anchored by Metropolitan Life Insurance Company and its affiliates.
Goal Investment Management is a wholly owned subsidiary of Goal Investment Group, a family of financial technology companies focused on consumer finance. Since 2013, Goal has been investing its own capital in assets similar to those targeted by the fund.
“We are excited to bring to market a differentiated product that leverages our experience in consumer lending, services and capital markets and generates opportunities that we believe are unique for institutional investors like MetLife,” said declared Pierre SadowskiInvestment Director.
Goal Investment Credit Fund will take an active approach to managing consumer portfolios, including asset management provided by its subsidiary, Goal Solutions. Goal Solutions manages over $26 billion in consumer assets and provides a wide range of services including primary and backup service, prime service, recovery collections, and SPV and wallet management to over 120 clients. “We believe our close relationship with Goal Solutions will allow us to continue to create attractive investment opportunities and mitigate operational risk.”
“Goal Investment Credit Fund marks the next step in the evolution of our investment platform that began in 2013,” said Ken Ruggiero, CEO and Chairman of Goal Investment Group. “We look forward to serving our investors with the same dedication, passion and values that have built the Goal family of companies over the past two decades.”
About Goal Investment Management
Goal Investment Management is an investment company focused on unsecured consumer credit. Goal has developed a differentiated investment platform that combines financial market expertise, in-depth data analysis and active service to create opportunities and generate attractive risk-adjusted returns. The management team averages over 20 years of experience in a wide range of financial, operational and legal disciplines. This expertise enables Goal to find, underwrite and execute what it sees as unique investment opportunities. For more information, please visit www.goalinvestment.com.
About Goal Solutions
Since 2001, Goal Solutions has leveraged industry expertise, proprietary technology and data analytics to provide comprehensive asset management and loan servicing solutions, specializing in residential solar finance programs , home improvement, personal and student. Goal Solutions provides customized solutions for each client, with innovative capabilities that support the entire asset management lifecycle. The company attributes its success to the commitment of its employees and the exceptional work ethic that has created an environment where each employee has the opportunity to achieve their greatest potential while emphasizing social responsibility within from the community.
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SOURCE Objective Solutions