Kevin P. Kundra

PartnerCo-Chair, Structured Finance & Securitization

Experience

  • Stradley Ronon Advises Yieldstreet in $200M Fintech Powersports Loan Investment Transaction with Octane

    The firm represented Yieldstreet Management, a leading private markets investment platform providing expanded alternative investments access to investors, in a $200 million investment in fintech powersports consumer loans acquired from, and to be serviced by, Octane Lending Inc. and its affiliate Roadrunner Financial. The investment was made with both equity investments from Yieldstreet investors and debt financing provided by JPMorgan Chase Bank NA. This was the third transaction in which Stradley Ronon represented Yieldstreet in making powersports loan purchases from Octane.

    For more information, read Octane’s announcement. 

    David H. Joseph, Kevin P. Kundra, Julie M. Murphy and Michael P. Bonner
    Stradley Ronon Advises Yieldstreet in $200M Fintech Powersports Loan Investment Transaction with Octane

  • Stradley Ronon Represents Yieldstreet in Fintech Travel Loan Investment Agreement with Upgrade

    A Stradley Ronon team advised Yieldstreet Management, a leading private markets investment platform providing expanded alternative investments access to investors, in an investment in fintech “buy now, pay later” (BNPL) consumer travel loans acquired from, and to be serviced by, Upgrade Inc., a fintech company offering various credit products to consumers. The travel loans acquired by Yieldstreet were originated using the Flex Pay platform, Upgrade’s BNPL financing solution.

    Read Yieldstreet’s announcement for more. 

    David H. Joseph and Kevin P. Kundra

  • Stradley Ronon Advises Yieldstreet in Life Settlements Investment Collaboration with Coventry

    Stradley Ronon represented Yieldstreet Management, a leading private markets investment platform providing expanded alternative investments access to investors, in an investment in life settlements acquired from, and to be serviced by, Coventry, a pioneer in creating the secondary market for life insurance. The investment involved Yieldstreet funds purchasing structured notes from a newly formed, special-purpose entity (SPE) formed by Coventry. The SPE used the note proceeds as secured debt financing to acquire the portfolio of life settlements from Coventry.

    For more information, read Yieldstreet’s announcement. 

    David H. Joseph, Kevin P. Kundra, Alexandra L. Rice and Thomas K. Durr

  • Stradley Ronon Advises CenterSquare in Investment in Aligned Data Centers

    Stradley Ronon represented CenterSquare Investment Management, a global real estate investment manager, in connection with an equity investment in Aligned Data Centers, a fast-growing data center infrastructure technology company offering colocation and build-to-scale data center solutions. The investment, facilitated through CenterSquare’s strategic partnership with Macquarie Asset Management, will support Aligned’s expanding portfolio.

    For more information, read CenterSquare’s announcement.

    David H. Joseph, Kevin P. Kundra, Dean V. Krishna, Katrina L. Berishaj and Alexandra L. Rice

Firm Highlights