An investment vehicle managed by EJF Capital LLC, a global institutional alternative asset management firm and a client of ELG, led a round of funding into Prelim. Prelim is a provider of optimized digital banking experiences for financial services firms. The transaction represents EJF’s strategy of venture capital investing that targets early-stage opportunities and is aimed to substantially support Prelim on the next stage of its growth journey. ELG represented EJF in its review and negotiation of the financing documents.
