Business
Splitero, Funds Managed by Blue Owl, and Antarctica Capital Close $283.3 Million Home Equity Investment Inaugural Securitization
Splitero, the financial technology company that provides homeowners with better options to access their home equity, funds managed by Blue Owl Capital, Antarctica Capital, and Kingsbridge Investment Partners, today announced the closing of a $283.3 million rated home equity investment (HEI) securitization.
About this update from Blue Owl Capital Inc.
[{"type":"text","content":"Transaction draws record investor demand, marking the largest inaugural HEI securitization","length":90,"tagName":"p","attribs":{}},{"type":"text","content":"SAN DIEGO, Dec. 8, 2025 /PRNewswire/ -- Splitero, the financial technology company that provides homeowners with better options to access their home equity, funds managed by Blue Owl Capital, Antarctica Capital, and Kingsbridge Investment Partners, today announced the closing of a $283.3 million rated home equity investment (HEI) securitization.","length":352,"tagName":"p"},{"type":"image","alt":"Splitero is a financial technology company that provides homeowners better options to access their home equity.","displaySize":"","headline":null,"caption":"Splitero is a financial technology company that provides homeowners better options to access their home equity.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":196,"url":"https://media.zenfs.com/en/prnewswire.com/37337a9bc42f884b18d500af6e760445"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Xz8IRAe7Mfc3e3lBbEAKhg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM0NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/37337a9bc42f884b18d500af6e760445","width":400,"height":196}},"href":"https://mma.prnewswire.com/media/2838159/Splitero_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The securitization closed on November 25, 2025. Splitero Trust 2025-1 issued $195.5 million of senior class A-1 rated A (low) (sf), $48 million of mezzanine class A-2 securities rated BBB (low) (sf), $11.5 million of subordinate class B-1 securities rated BB (high) (sf), and $28.3 million of subordinate class B-2 securities rated B (sf) (retained), all rated by Morningstar DBRS. The securitization received a strong reception from the market, with over $2 billion in demand for the A-1 alone, and the highest level of investor participation in an inaugural HEI securitization ever. Many new investors entered the HEI space, resulting in a 9.25x oversubscription of the entire transaction.","length":691,"tagName":"p"},{"type":"text","content":""This transaction was a monumental achievement and a significant milestone for our company," said Michael Gifford, Founder and CEO of Splitero. "I am incredibly proud of the work our team has put in to reach this point, and the overwhelmingl...