Edge Focus Closes Second EDGEX Deal: $200 Million 144A Consumer Loan ABS
Nelnet (NYSE: NNI) served as co-sponsor for EDGEX 2025-2, a $200 million Rule 144A asset-backed securitization backed by unsecured consumer loans, closed October 9, 2025.
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The transaction was led by Performance Trust Capital Partners (Structuring Agent) and CRB Securities, LLC, a SEC-registered broker-dealer and FINRA member, with Nelnet Bank, a wholly owned subsidiary of Nelnet, Inc (NYSE: NNI, “Nelnet”), serving as co-sponsor. The offering featured two senior notes that were placed with major institutional investors, reflecting continued strong demand for Edge Focus’ technology-driven credit structuring.
“We’re pleased to return to market with our second EDGEX deal,” said Elliott Lorenz, co-founder and CEO of Edge Focus. “By pairing disciplined credit with modern underwriting technology, we’re building a repeat issuance program designed to deliver scalable, attractive capital to qualified institutional buyers.”
About Edge Focus:
Edge Focus is a technology-enabled private-credit firm focused on consumer assets. Through its Origin and Lens platforms, Edge Focus manages funds, asset-backed securities, and separately-managed accounts, and powers its partners with underwriting and portfolio analytics. Learn more at edgefocuspartners.com.
About Performance Trust Capital Partners:
Performance Trust Capital Partners ("PTCP") is a global investment firm partnering with financial institutions to drive long-term performance through a customized, data-driven approach. We specialize in fixed income, structured credit strategies, and investment banking, combining market insight with strong execution capabilities to help clients navigate complexity and uncover opportunity. Our team brings decades of experience and a data-first mindset to deliver tailored solutions, thoughtful execution, and lasting value across the structured credit landscape.
About CRB Securities:
CRB Securities, LLC (“CRBS”) is a wholly owned subsidiary of CRB Group Inc, a bank holding company, and the parent company of Cross River Bank, established in 2008. CRB Securities is an SEC-registered broker-dealer and FINRA member. CRB Securities was created to solve the financing needs of clients that are looking to access the capital markets through the issuance of securities. Through CRB Securities,
About Nelnet:
Nelnet (NYSE:NNI) is a diversified company with primary businesses being financial services and asset management, loan servicing, payments, and technology—with many of these businesses servicing customers in the education space. Nelnet also invests in early-stage and venture capital, real estate, reinsurance and solar energy. Headquartered in
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Jeff Andrews
CRO
jeff@edgefocuspartners.com
Source: Edge Focus