Cavalry Seeks Investments in Specialty Finance Sector

Cavalry Investments LLC, one of the country’s largest debt buyers, is seeking to provide capital to early-stage and seed-stage companies in the specialty finance sector, announced Andrew Zaro, Cavalry chief executive officer.

Zaro said that Cavalry is targeting companies in high-margin, strong cash flow segments of specialty finance, businesses with up to $25 million in revenues and seasoned, successful management. The firm would consider small debt buying firms in the consumer and healthcare arenas, as well as those that handle distressed residential mortgages, commercial collections, loan workouts and bridge lending, he said.

“We have robust cash flow at Cavalry, and we’re looking for opportunities to put our capital to work to help small, successful businesses grow to the next level,” Zaro said. “In addition to debt and equity financing, we can offer a small business access to our infrastructure, strategic advice and lending relationships.”

With a $14 billion portfolio of receivables, Cavalry buys and collects on distressed consumer debt portfolios from major banks, credit card and consumer finance companies, and from other industries including utilities and telecom. The firm is one of the remaining large, successful independents in the debt-buying sector. In the last five years, Cavalry has more than quadrupled its receivables portfolio, which totaled $3 billion in 2001.

About Cavalry Investments LLC
Cavalry Investments (www.cavalryinvestments.com) is a leading financing services company that buys and collects distressed consumer debt portfolios from banks, credit card and consumer finance companies, as well as other industries including automotive, utilities and telecom. Cavalry has offices in Hawthorne, New York, Phoenix, Arizona, Tulsa, Okla., and St. Paul, Minn. Its affiliate companies include Cavalry Portfolio Services (www.cavps.com), Cavalry SPVI (www.cavalryspvi.com) and Cavalry SPVII (www.cavalryspvii.com).