Future founders Jack Ross and Tom Capasse build the Merrill Lynch Asset Finance business by creating some of the first securitizations in many of the sectors that exist today
Flagship loan strategy launches
Over $5B in assets with 70 firm professionals
Private equity strategy focused on lower middle-market financial services launches
Commercial real estate equity strategy (Atlas Fund) and CUSIP dislocation fund strategy launches
Jack Ross and Tom Capasse found Waterfall
Flagship high yield asset-backed credit strategy launches
Stand-alone small balance commercial loan strategy launches
Sutherland spins off with $55M in assets by year-end
London office opens
Ready Capital REIT begins trading on the NYSE (Ticker: RC) with over $500M in assets
More than $10B in assets with 171 firm professionals
Ready Capital reaches $2.8B capital and becomes the fourth largest commercial mortgage REIT