Daily News: April 7, 2014

Oxford International Group Closes Equity and Debt Financing

Oxford International Group announced the closing of an equity and debt financing transaction with affiliates of Fortress Investment Group.

The funds will be used to build an origination platform and to finance the acquisition of structured settlement receivables and related assets through Oxford’s wholly owned originator, MyLumpsum.

“We are very excited to partner with Fortress, whose expertise in capital markets and within the structured settlement space provides us with the necessary resources to become the leader in the industry,” said Sergio Salani, CEO of Oxford.