DelGatto Diamond Finance attracts investment from Crestline Investors to support Accelerated GrowthOctober 2019
DelGatto Diamond Finance (“DelGatto” or “Company”), an institutional diamond finance company, today announced it has received $100MM facility from Crestline Investors, Inc. ("Crestline"), a credit focused institutional alternative asset manager. The investment enhances DelGatto’s ability to meet growing financing demand across all major diamond and jewelry markets.
DelGatto Diamond Finance is the leading collateral-based alternative finance provider to the diamond and jewelry industry. Since the inception of its initial fund, DelGatto Diamond Finance Fund, the firm has financed more than 75 companies globally. Drawing on 25 years of experience, Christopher Del Gatto, the Founder and CEO, provides unique value for midstream players. The Company’s distinct approach to financing is rooted in Mr. Del Gatto’s extensive underwriting and industry expertise. The experience of the DelGatto team enables the firm to utilize a flexible, alternative financing structure complete with a complimentary retail platform.
“We are delighted for our partnership with Crestline as we continue to finance the midstream diamond and jewelry industry,” said Del Gatto, “I am confident that Crestline’s expertise in direct lending will be an asset for us as we expand our financing across the globe.”
“We are excited to work with DelGatto to service diamond participants and we look forward to collaborating with their team as they continue to establish themselves as the primary non-bank finance platform for this unique industry,” said Rahul Vaid, Managing Director at Crestline Investors.