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