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T-REX Raises $40M Led by Riverstone Holdings to Accelerate Investment in Sustainable Infrastructure and Private Credit Markets

T-REX Raises $40M Led by Riverstone Holdings to Accelerate Investment in Sustainable Infrastructure and Private Credit Markets Background Image

Vinson & Elkins advised affiliates of Riverstone Holdings LLC in connection with a $40 million Series C funding round of T-REX Group, Inc., a SaaS provider supporting the asset-backed financing industry, led by Riverstone affiliates, with participation from existing shareholders Citi, ClearSky, Westly Group, Viola FinTech, and the Partnership Fund for New York City.

T-REX, with its advanced support for private credit and ESG-driven investments, will become part of Riverstone’s Decarbonization Growth Equity platform.

The V&E team was led by Dan Komarek, Abby Branigan, Heather Brocksmith Pearce, Jessica Cymbaluk and Carli Gish. Other key team members included Julia Petty, Sean Becker, Devika Kornbacher and Alexa Chally.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 12 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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