Another home equity investment (HEI) securitization is hitting the market, this time issued by financial technology company Splitero in partnership with funds managed by Blue Owl Capital, Antarctica Capital and Kingsbridge Investment Partners.

The companies closed a $283.3 million rated HEI securitization on Nov. 25 in a transaction that saw strong investor demand. In total, it was 9.25 times oversubscribed, with $2 billion in demand for the A-1 senior class.

Michael Gifford, founder and CEO of Splitero, said in a statement that the “overwhelmingly positive response from investors to our inaugural securitization highlights the strength of our platform and product details ⇒

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