An investment vehicle managed by EJF Capital LLC, a global institutional alternative asset management firm and a client of ELG, joined WestCap, Citi and other prominent investors in a $64 million Series B round into Sharegain Ltd. Sharegain is a leading capital markets infrastructure fintech which has defined a new market category with its unique SLaaS (Securities Lending as a Service) solution. EJF is focusing on venture capital investing that targets early-stage opportunities. ELG represented EJF in its review and negotiation of a suite of investment documents, including a securities purchase agreement.
