Resolute Capital Partners Announces $20 Million Investment Commitment in Finance Technology Leverage LLC

By AIT News Desk On Jun 26, 2020

Resolute Capital Partners, announced today the company has committed to a $20 million investment in Finance Technology Leverage LLC, a global private equity firm, to finance technological innovations in energy, life sciences, industrial technology, and aerospace that strives to redefine the future.

“Rarely is a company created with the vision of solving some of the world’s greatest challenges,” said Thomas Powell, senior managing partner and founder of Resolute Capital Partners. “Finance Technology Leverage believes no challenge is too great, and they have brought together a world-class team of scientists and engineers that turn dreams into reality. Our investment in FTL demonstrates our steadfast commitment to their revolutionary capabilities and overall humanitarian mission.”

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Finance Technology Leverage utilizes its subsidiary, Breakwater Insurance, to fund large, complex and high-risk projects through the creation of specialized financial structures that help mitigate risk to its investors. FTL’s unique approach enables the company to attract financing for new innovations, and allows challenging projects, such as Rotary Rocket Company—a pioneer in the private launch-vehicle revolution during the 1990’s, to become a reality.

“At Finance Technology Leverage we believe investment moves society and work hard to leverage innovation that will advance humanity,” said Frederick Giarrusso, chief executive officer and founder of Finance Technology Leverage. “Twenty years ago, it was space technology; today, in addition to aerospace, we are invested in forward-thinking projects in energy and biotech.”