Debt Purchaser Forms Sister Company to Raise Outside Capital

Streamline Capital Partners, LLC, a Chicago-based debt purchaser and advisor, has formed a subsidiary, Catalyst Interventions, LLC. (Catalyst). Catalyst will serve as a vehicle by which industry investors can make strategic investments in the debt purchasing market, according to Brian S. Glass, Esq., Managing Member of Catalyst.

Pressure from industry investors along with a desire to move decisively when presented with attractive investment opportunities, have been the major influencing factors for Streamline to raise outside capital.  “As a strategic investor with outside backing, Catalyst can deploy large amounts of capital quickly, which will give us the speed and credibility to become a preferred buyer in these markets,” said Glass.  “This investment initiative builds on our track record of creating value from our model and for our investors, while reinforcing our commitment to the debt purchasing industry as a whole.” Glass added.  Catalyst will use this capital, which is being provided in part by Ravinia Management Company, LLC, to focus on investments in distressed, charged-off, credit intensive receivables.