SPC provides $3.4 mln loan to Ace Investment Group – PE Hub

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Soaring Pine Capital has provided a $3.425 million loan to Ace Investment. of Simon Group Holdings in 2014, soaring pine capital (spc) invests in lower middle market opportunities via private fund.

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Investor group provides $1.2 mln seed funding in Sgrouples. The company has raised a total of $1.8 million in seed funding after collecting $600,000 in June, 2013. Investors in the funding round include Josh Friedman of Easton Capital, Jack Canfield, Marci Shimoff, Tom Myers, Mykola Latansky, Dan Phillips and Jack Sweeney, an operating partner with Bain Capital Ventures.

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