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Lone Star Funds – DFC Global

Lone Star Funds, a private equity manager with $70 billion in assets under management,[i] acquired Pennsylvania-based DFC Global Corp (formerly known as Dollar Financial Group) in June 2014 for $1.3 billion, taking the company private.[ii]…


JLL Partners – ACE Cash Express

Private equity firm JLL Partners of New York took payday lender ACE Cash Express private in 2006.[i] Frank Rodriguez of JLL joined the ACE Cash Express’ board of directors.[ii]  Rodriguez currently serves as Managing Director…




Warburg Pincus – Mariner Finance

New York-based private equity firm Warburg Pincus acquired installment lender Mariner Finance in May 2013.[i] Mariner Finance has more than 450 branches in 22 states.[ii] Former Treasury Secretary Tim Geithner serves as President of Warburg…


Blackstone Group – Lendmark Financial Services

Blackstone Group, led by Stephen Schwarzman, who chairs President Trump’s Strategic and Policy Forum[i], owns a fast-growing subprime installment lender, Lendmark Financial Services.  Schwartzman made $425 million in 2016[ii] and has a net worth of…




FFL Partners – Speedy Cash/ Rapid Cash

In September 2008, San Francisco-based private equity manager FFL Partners acquired Curo Financial Technologies, which operates more than 400 locations in the US, Canada, and the UK.[i]  In the US, Curo operates as Speedy Cash…