Fla. Firm Preps ABL Hedge Fund

Advantage Capital Equity Solutions, a Jacksonville, Fla.-based asset-based lender, has launched a private equity fund and is prepping a hedge fund for launch at the end of this month. 

Advantage Capital’s p.e. offering, Advantage Capital Equity Fund I, launched in May and invests in “deep equity” loans, because of their real estate collateral and low loan-to-value ratios, according to Bob Parsons, senior vice president.