Collective Liquidity, the first wealth management tech platform for unicorn shareholders, has announced the launch of its innovative liquidity and risk management platform. After its latest round of financing, the company has raised approximately US$100 million in aggregate debt and equity financing to date.
Latham & Watkins LLP represented Collective Liquidity in the creation of the Exchange Loan program with WebBank. The deal team was led by Chicago finance partner Matthew Hays and Washington D.C. corporate partner Parag Patel, with Chicago associates Elliot Bromagen and Aris Suarez. Advice was also provided on corporate matters by Chicago partner Ellen Marks, with New York counsel Pia Naib, Washington D.C. associate Victor Razon, and Chicago associates Jude Baldo and Ananya Hindupur; and on tax matters by New York partner, Elena Romanova.