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Amherst Holdings Announces $225 Million Investment from Private Investment Group.
Business Wire
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October 7, 2008
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Amherst to Use Growth Capital to Expand Existing Products and Services
AUSTIN, Texas -- Amherst Holdings, LLC, a holding company for businesses focused on the mortgage sector, today announced the completion of a $225 million investment from a group of private investors. Amherst intends to use the capital to enhance its strong capital and liquidity positions, bolster its loan-level analytic tools, and expand the sales and trading activities of its established broker-dealer subsidiary, Amherst Securities Group, LP ("Amherst Securities"), in the residential ...
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