CONSHOHOCKEN, PA — CBC Holdings, a Philadelphia-area financial services group, announced that Hildene Capital Management, LLC, a credit-focused asset manager, has acquired a minority stake in the company. CBC’s management team will retain majority ownership, while financial terms of the transaction were not disclosed.
CBC operates two niche financial businesses: CBC Settlement Funding, which purchases structured settlements, annuities, and deferred payments, and Deed Street Capital, a buyer of private mortgage notes.
“Hildene brings fresh energy and expertise to our group,” said William Skrym, CEO of CBC. “This relationship gives us the capital and capabilities to expand faster and strengthen our position as a leading investor in unique financial assets.”
Hildene Capital Management is a multi-strategy credit manager specializing in structured credit, asset-based lending, and insurance-related investments. The firm, which is employee-owned, focuses on innovation and alignment with investors.
CBC Holdings continues to build its presence in specialized and illiquid financial markets, offering liquidity solutions for individuals and institutional investors while targeting long-term growth opportunities in alternative asset sectors.
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