Ascendant Capital Reaches $1 Billion Milestone
Ascendant Capital, LLC (“Ascendant”), an alternative investment firm based in Austin, TX, today announced a landmark financial milestone for the company. Following a record quarter raise in 4Q 2015 and the recent launch of GPB Capital Holdings, LLC’s new flagship offering, GPB Holdings II, LP, Ascendant achieved the $1 – billion – dollar mark for overall funds raised to date.
“We are excited by the surge in growth over the last year and look forward to the launch of new products in the coming months,” Funder Jeff Schneider said. “I’m thankful to the dedicated team we have in place and their commiment to creating quality offerings and providing unparalleled service to the market. I’m exceptionally proud of their efforts in helping us reach this milestone.”
Ascendant boasts four current offering and nine closed offerings as of April 15, 2016, and is the exlusive distributor of GPB Capital Holdings, LLC products. In 2013, Ascendant launched its first GPB flagship fund and has since raised over $535M for the follwing products:
GPB Holdings, LP (closed): $194.4 M
GPB Cold Storage, LP (closed): $58M
GPB Holdings II, LP: $72.5M
GPB Automotive Portfolio, LP: $181.5M
GPB Auto Income Fund, Ltd (offershore): $28.25M
About Ascendant Capital, LLC
Ascendant Capital both sources and partners with proven fund managers to create unique strategies that meet market demands, We consult, structure, market, and service these offerings, ensuring that our relationships receive the highest level of investment quality and service.
If you have any questions or require additional information, place contact Ascendant Capital at 877.410.1250 or info@Ascendant-Cap.com.