PR - Performance Trust and DebtX Streamline Loan Participations

More than 400 community banks working with Performance Trust Capital Partners, LLC now have convenient access to loan participations from other community banks using the firm’s AMICUS platform under an agreement announced today by Performance Trust and DebtX, the nation’s largest commercial loan sale advisor.

The partnership enhances Performance Trust’s AMICUS platform for community bank participations by integrating DebtX’s DXParticipate loan participation platform. By centralizing participations among Performance Trust’s network of banks at www.debtx.com, DebtX and Performance Trust will help sellers expand the potential universe of buyers outside of their immediate geographic reach.

Performance Trust is also integrating DXParticipate’s full suite of online due diligence and analytics tools, which allow buyers of participations to analyze and evaluate more potential investments in less time. DXParticipate offers AMICUS users an online work environment that provides a comprehensive set of tracking, reporting and auditing tools.

For both buyers and sellers, expanded access to participations and streamlined trading will improve price execution and increase the overall liquidity of community bank participations.

“Performance Trust’s partnership with DebtX will deliver greater liquidity to the loan participations market and enable our community banks to buy and sell loan participations more effectively,” said Michael Iannaccone, Managing Director of Performance Trust Capital Partners. “Performance Trust is committed to continually adding value to its network of community banks by integrating innovation.”

DXParticipate is part of DebtX’s family of loan sale solutions used by banks, federal agencies, insurance companies, investment banks, pension funds and other portfolio lenders. DebtX’s online marketplace at www.debtx.com is the world’s largest exchange for buying and selling commercial debt.

DXSyndicate is used by syndications professionals to streamline the syndications process.

“DebtX’s loan participation platform creates a private marketplace of buyers and sellers to specifically serve the needs of Performance Trust’s client banks,” said DebtX CEO Kingsley Greenland. “The technology and intelligence delivered to the AMICUS platform through DXParticipate is the same functionally that powers the trading of billions of dollars a year of commercial debt at DebtX.”

With more than 4,000 registered and approved investors and approximately 300 financial institutions selling through its exchange, DebtX operates one of the world’s largest and most liquid online marketplaces for debt. DebtX works with financial institutions to sell Commercial & Industrial (C&I), Commercial Real Estate (CRE), residential and selected consumer debt. DebtX is based in Boston, with offices in Atlanta, Chicago, New York, San Francisco and Frankfurt, Germany.

About Performance Trust Capital Partners
The Performance Trust Companies are an SEC-registered investment advisor and FINRA regulated brokerdealer, with proprietary investment methodologies and products designed to accomplish investment objectives. Based in Chicago, Performance Trust focuses on educating fixed income investment professionals and assisting client institutions to invest through total return. For more information, go to www.performancetrust.com.

About DebtX
DebtX is one of the world’s leading full-service loan sale advisors for commercial, consumer and specialty finance debt. DebtX helps commercial banks, insurance companies, investment banks, government sponsored enterprises and other institutions increase profitability and reduce risk by offering comprehensive loan sale advisory services that create liquidity in an institution’s loan portfolio. DebtX operates the largest marketplace of buyers and sellers of commercial debt and offers a variety of innovative information and technology services. DXMarkSM is the first objective valuation of commercial real estate portfolios based on actual secondary market loan sales. DXOpenTM, DebtX’s deal management technology, is used by institutions to sell and syndicate loans directly. For information, contact, 617.531.3400 or visit www.debtx.com.