Tiger Finance, which has invested in several active lifestyle and retail businesses, has promoted Jason Rae, an asset-based lending veteran, to managing director of National Sales.
Concurrently, the Tiger Capital Group lending platform announced that it posted strong growth in the first half of fiscal 2025, committing in excess of $150 million of new capital to support a broad array of clients.
Since joining Tiger in 2012, Rae has been a key contributor to the company’s overall growth and has participated in some of its largest disposition ventures. In his new role, the Boston-based executive is responsible for expanding Tiger Finance’s outreach throughout the North American marketplace, sourcing secured debt opportunities and developing new and enhancing existing strategic relationships with lenders, private equity sponsors, advisors, and investment banks.
Rae previously co-led Tiger Valuation Services’ Business Development team and covered the New England and Canadian markets.
“Having worked with Jason for many years, I have seen firsthand his ability to identify and service customers’ needs across various industries and source capital and product solutions,” noted Bob DeAngelis, executive managing director/group head, Tiger Finance. “In support of our continued growth, we are excited to have Jason join the Tiger Finance team to lead our national sales initiatives and provide creative, innovative capital solutions for our clients.”
Rae’s appointment follows Tiger’s announcement that banking professional Mitch Rubin has joined the firm as a senior director of Business Development focused on the New York and Boston markets. Business Development Director Eric Schloemer has taken charge of Tiger Valuation Services’ Canadian operations.
Commented Rae, “I look forward to collaborating with new and existing partners to help clients across North America unlock additional liquidity. Our finance platform’s ability to draw upon Tiger’s deep institutional asset intelligence and proprietary analytics allows us to deliver flexible financing solutions quickly and decisively.”
Growth in Q1/Q2 2025
In the first two quarters of the year, demand for Tiger Finance’s services was robust. DeAngelis noted that the financing commitments included:
- A $25 million term loan in support of a digital fitness and nutrition subscription company;
- a $26 million revolving line of credit/term loan to support the growth of a kitchenware and lifestyle consumer brand;
- an additional $22.5 million term loan to a specialty financing company;
- a $30 million real estate term loan to a department store chain;
- a $27.5 million revolving line of credit to a wholesale/ecommerce furniture manufacturer; and
- a $20 million revolving line of credit to a DTC ecommerce tool supplier.
Concluded DeAngelis, “As borrowers navigate the uncertain and volatile marketplace, accessing flexible and intelligent capital is paramount to managing profitable operations. Tiger’s unique understanding of assets and solution-based philosophy has led to consistent, strong growth deploying capital and meeting client needs.”
Tiger Finance’s past and present transactions include The Beachbody Co., Arctic, Summit Sports, Perry Ellis, Daytona Apparel Group, Rue21, Sedge Valley, Casper, and Barneys New York.
Images courtesy Tiger Finance