A specialty finance platform at the intersection of real assets and bitcoin.

Solutions.

01Investors

Institutional Bitcoin-Enhanced Credit Investing

Battery seeks to deliver attractive risk-adjusted returns over the medium term by combining disciplined asset-backed credit with the growth potential of bitcoin, enhancing credit quality through collateral innovation.

Learn more →
02Borrowers

Bitcoin-Enhanced Real Asset Lending

Our lending program finances institutional-quality commercial real estate, integrating bitcoin into the collateral structure. Battery Finance offers borrowers an innovative way to acquire and/or refinance real assets alongside bitcoin. Borrowers can use loan proceeds to add bitcoin to the collateral package, or contribute their own. Eligible asset classes include commercial real estate, project finance, and other asset-backed financings.

Learn more →

Start a conversation.

info@batteryfinance.io

About us

Who we are.

Battery Finance is a specialty finance platform at the intersection of real assets and bitcoin. An affiliate of Newmarket Capital, an asset manager with a $50B+ structured finance track record, Battery pioneered bitcoin-enhanced private credit: pairing disciplined, asset-backed lending secured by commercial real estate with bitcoin’s long-term appreciation potential, strengthening credit quality through collateral innovation.

Capital allocators and property owners today face the same two defining risks: persistent inflation erodes real returns, and accelerating technological change is reshaping every industry. The combination of real estate and bitcoin is built for exactly this environment. Real estate provides stability and income; bitcoin — scarce, liquid, and native to the digital economy — provides long-term growth. Together, they make stronger collateral than either alone. For lenders, that means durable, inflation-resilient income and stronger credit. For borrowers, it means a diversified return stream alongside their property and financing tailored to how they build value.

Leadership.

  • Andrew Hohns

    Andrew Hohns, PhD

    Founder & Chief Executive Officer

    Founded Newmarket in 2020. Has driven transactions across $50B+ of securitized credit on five continents. Launched the IIFC strategy at Mariner in 2013; previously MD at Cohen & Co. Named to Institutional Investor’s “20 Rising Stars of Fixed Income.” Boards: Fold Holdings (NASDAQ: FLD), BTC Development Co (NASDAQ: BDCI). BS, PhD Wharton.

  • Thierry Adant

    Thierry Adant

    Chief Investment Officer

    Led Private Debt at Willis Towers Watson, investing up to $8B per annum across asset classes. Oversees portfolio and risk management at Newmarket, with expertise in developing innovative strategies including Battery Finance. BS Pennsylvania State University.

  • Jeffrey Schellenger

    Jeffrey Schellenger

    General Counsel and Chief Compliance Officer

    Prior leadership at FS Investments, responsible for overseeing legal, regulatory, and compliance functions. Examination and public service experience at the U.S. SEC. JD Villanova University; BS James Madison University.

  • Katie Langton

    Katie Langton

    Managing Director

    Thirteen years of prior experience at global banks, leading corporate and project finance underwriting. Sourcing and originations, leading investment due diligence, and contributing to investment selection at Newmarket. BA Fordham University.

  • Jacob Dinhofer

    Jacob Dinhofer, CFA

    Director

    Oversees quantitative and analytical functions, including forecasting and risk frameworks that support portfolio construction and capital allocation. BBA University of Michigan, Ross School of Business.

Careers.

We are always seeking exceptional candidates. Our philosophy is straightforward: hire the most talented people we can find and invest in their growth over the long term. If you are drawn to building a career at the intersection of credit, real assets, and bitcoin, and you hold yourself to the highest standards of rigor and integrity, we encourage you to reach out. Please submit your resume and a brief introduction to info@batteryfinance.io.

Borrowers

Grow your assets with bitcoin.

Acquire or refinance your real assets alongside institutionally custodied bitcoin, expanding your collateral base and sharing in bitcoin’s long-term upside.

31% Average 4-yr BTC CAGR since 20202
2.3–18.1x An illustration of how the borrower’s total assets could grow over a 10-year loan term, relative to the amount borrowed. Modeled at 15%–60% BTC CAGR3
Borrower information form →

Loan benefits.

Bitcoin integration

Borrowers can add bitcoin to the collateral package using loan proceeds or their own holdings, growing their asset base alongside the loan.

Competitive interest rates4

Determined per transaction, informed by prevailing commercial mortgage benchmarks.

Collaborative bitcoin appreciation sharing

Borrower and lender both share in bitcoin’s price appreciation over the life of the loan.

No bitcoin mark-to-market risk

Bitcoin collateral is not marked to market, so there are no margin calls tied to price movements.

Flexible prepayment

Prepayment terms structured around the borrower’s business plan.

Custom amortization

Sculpted schedules, interest-only periods, and other structures tailored to the asset.

Eligible asset classes.

01Class A Office
02Multifamily
03Hospitality
04Power
05Affordable Housing
06Data Center
07Storage
08Retail

Borrowing with asymmetric upside.

With bitcoin integrated, total asset value (real asset + bitcoin) reaches 2.3x–18.1x loan principal over 10 years at 15%–60% BTC CAGR1,3 — versus 1.8x for a traditional loan without bitcoin.

Asset value as a multiple of loan principal · 10-year horizon

2.3x–18.1x
At 15%–60% BTC CAGR3
Traditional BTC → 0 0% 15% 30% 45% 60% BTC CAGR
20x 15x 10x 5x 0
0 1 2 3 4 5 6 7 8 9 10
Year

Assumptions: each line models a different bitcoin CAGR; the real estate value is assumed to grow at 5% per annum regardless of bitcoin performance.3

Discuss a financing.

info@batteryfinance.io
Borrower information form →

Notes.

1 Loan sizing for the Traditional Loan is smaller due to the exclusion of bitcoin from the collateral package.

2 Average CAGR calculated by taking the average of all data points available to calculate an average 4-year CAGR since May 11, 2020, the third bitcoin ‘halving.’ Data updated as of Jun. 30, 2026. Source: Bloomberg.

3 Battery loan terms assumed: $100.0mm loan closing December 31, 2024; 10-year term; 30-year amortization following a 4-year interest-only period; 9.55% fixed coupon; no origination fee; 0.50% commitment fee. The collateral package comprises the real asset plus $30.0mm of bitcoin, equal to 30% of loan principal, subject to a 4-year minimum hold and a 0.25% annual custody fee capped at $20,000 per year. Under the Bitcoin Appreciation Share, the lender’s share of bitcoin appreciation begins at 80% in year 4 and declines five percentage points annually to 50% in year 10; the borrower retains no bitcoin appreciation prior to year 4. At the year 10 exit, the real asset is valued at $180.5mm and the borrower’s retained bitcoin position at $75.7mm to $1,664.3mm across the 15%–60% BTC CAGR range, net of the Bitcoin Appreciation Share. We calculate the Borrower’s asset values assuming a 5% annual growth rate. All bitcoin asset values account for a Bitcoin Appreciation Share structure.

4 Commercial mortgage rate benchmarks sourced from CommLoan, “Today’s Commercial Mortgage Rates” (commloan.com), updated May 29, 2026. Published rates are averages of participating lenders within the CommLoan network, provided for comparison purposes only; actual rates depend on property and sponsor.

Disclosures & risks.

All figures, examples, and information provided herein are for illustrative purposes only and do not represent actual or guaranteed results. This material is intended for informational purposes and does not constitute financial, investment, tax, legal, or other professional advice. Past performance is not indicative of future results.

This document is provided for informational purposes only and does not constitute an offer, commitment, or agreement to make a loan or extend credit. All terms and conditions described herein are indicative, non-binding, and subject to change at any time without notice. Any extension of credit by Battery Finance, Inc. is subject to final approval, satisfactory due diligence, and execution of definitive loan documentation.

References to “competitive interest rates” are illustrative and reflect a comparison to prevailing commercial real estate mortgage rates published by third-party sources. As of May 29, 2026, CommLoan reported average commercial bank mortgage rates of approximately 5.97%–6.27% and CMBS rates of approximately 6.98%–7.33% across 5-, 7-, and 10-year terms; such rates represent averages of participating lenders within the CommLoan network, are provided for comparison purposes only, and are dependent on property and sponsor.4 Actual interest rates and all other loan terms offered by Battery Finance, Inc. are determined on a per-transaction basis at origination and depend on numerous factors, including the borrower’s creditworthiness, collateral composition, loan structure and tenor, the bitcoin appreciation share negotiated, and prevailing market conditions. “Competitive” reflects Battery Finance’s view relative to comparable financing alternatives and is not a representation that any particular rate is the lowest available or will be offered to any borrower. Rates and terms are subject to change and do not constitute a commitment to lend on any specified terms.

Risks related to bitcoin and digital assets.

Bitcoin / Digital Assets

Bitcoin and other cryptocurrencies, decentralized application tokens and other cryptofinance coins, tokens and digital assets and instruments that are based on blockchain, distributed ledger, or similar technologies (collectively, "Digital Assets") are loosely regulated and there is no central marketplace for currency exchange. Supply is determined by a computer code, not by a central bank, and prices can be, and have been, extremely volatile. Digital Asset exchanges have been closed due to fraud, failure, or security breaches. Any capital or assets that reside on a bitcoin exchange that shuts down may be lost.

Digital Asset Ownership and Trading is Volatile and Speculative

Digital Assets represent a speculative investment and involve a high degree of risk. As relatively new products and technologies, Digital Assets have not been widely adopted as means of payment for goods and services by major retail and commercial outlets. Conversely, a significant portion of the demand for Digital Assets is generated by speculators and investors seeking to profit from the short- or long-term holding of Digital Assets. The relative lack of acceptance of Digital Assets in the retail and commercial marketplace limits the ability of end-users to pay for goods and services with Digital Assets. A lack of expansion by Digital Assets into retail and commercial markets, or a contraction of such use, may result in increased volatility. In addition, historical bitcoin price appreciation has been followed by long intervals of downward price movement which increases the risk of volatility in the price of bitcoin.

Digital Asset Vulnerabilities

Digital Assets are created, issued, transmitted, and stored according to protocols run by computers in the Digital Asset network. It is possible these protocols have undiscovered flaws which could result in the loss of some or all assets held by an investor. There may also be network scale attacks against these protocols which result in the loss of some or all of assets held by an investor. Some assets held by an investor may be created, issued, or transmitted using experimental cryptography which could have underlying flaws. Advancements in quantum computing could break the cryptographic rules of protocols which support the assets held by an investor.

Certain Digital Assets, such as Bitcoin, have only recently been deployed. Many Digital Asset networks are new and rapidly developing. Certain technical issues have been identified with respect to various Digital Assets in the past, and as Digital Asset networks continue to develop and grow new technical issues might be uncovered. These issues could lead to a reduction in confidence of the affected Digital Asset, or Digital Assets generally, which could negatively impact the demand for the affected Digital Asset, or Digital Assets generally.

Limited Use of Digital Assets

Currently, there is relatively limited use of any Digital Asset in the retail and commercial marketplace in comparison to relatively extensive use as a store of value, thus contributing to price volatility. Digital Assets have only recently become selectively accepted as a means of payment for goods and services by many major retail and commercial outlets, and use of Digital Assets by consumers to pay such retail and commercial outlets remains limited. Banks and other established financial institutions may refuse to process funds for Digital Asset transactions; process wire transfers to or from Digital Asset exchanges, Digital Asset-related companies or service providers; or maintain accounts for persons or entities transacting in Digital Assets. Conversely, a significant portion of Digital Asset demand is generated by investors seeking a long-term store of value or speculators seeking to profit from the short- or long-term holding of the asset. Price volatility undermines any Digital Asset's role as a medium of exchange, as retailers are much less likely to accept it as a form of payment. A lack of expansion by Digital Assets into retail and commercial markets, or a contraction of such use, may result in increased volatility or a reduction in the value of Digital Assets. There can be no assurance that such acceptance will grow, or not decline, in the future.

Scaling Challenges for Digital Assets

The bitcoin network, like many Digital Asset networks, faces significant scaling challenges that can lead to high fees or slow transaction settlement times, and attempts to increase the volume of transactions may not be effective. As the use of Digital Asset networks increases without a corresponding increase in throughput of the networks, average fees and settlement times can increase significantly. Increased fees and decreased settlement speeds could preclude certain use cases for Digital Assets (e.g., micropayments), and can reduce demand for and the price of Digital Assets. There is no guarantee that any of the mechanisms in place or being explored for increasing the scale of settlement of transactions in bitcoin will be effective, or how long these mechanisms will take to become effective.

Bitcoin Competition

Competition from central bank digital currencies ("CBDCs") and other Digital Assets could adversely affect the value of bitcoin and other Digital Assets. Central banks have introduced digital forms of legal tender (CBDCs). A recent study by the Bank for International Settlements estimated that of the 93 central banks surveyed, 85 (91%) were exploring either a retail CBDC, a wholesale CBDC or both. CBDCs, as legal tender in the issuing jurisdiction, could have an advantage in competing with, or replace, bitcoin and other Digital Assets as a medium of exchange or store of value. As a result, the value of bitcoin could decrease. Other competing Digital Assets, including those developed by large technology companies may adversely affect the value of bitcoin and Digital Assets.

Internet Reliance

A significant disruption in internet connectivity could disrupt a Digital Asset's network operations until the disruption is resolved and have an adverse effect on the price of Digital Assets. In particular, some variants of Digital Assets have been subjected to a number of denial-of-service attacks, which have led to temporary delays in block creation and in the transfer of the Digital Assets. Digital Assets are also susceptible to "border gateway protocol" hijacking, or "BGP hijacking." BGP hijacking impacts the way different nodes and miners are connected to one another to isolate portions of them from the remainder of the network, which could lead to a risk of the network allowing double-spending and other security issues. If BGP hijacking occurs on a Digital Asset network, participants may lose faith in the security of Digital Assets, which could affect the value of those Digital Assets.

Uncertain Regulatory Environment for Digital Assets

In addition to the regulatory risks noted above, the overall regulatory environment for Digital Assets remains uncertain. U.S. federal agencies have asserted whole or partial regulatory authority over Digital Assets, including, but not limited to, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Federal Trade Commission, and the Financial Crimes Enforcement Network. Whether and to what extent Digital Assets will be regulated by any existing federal agencies or by new legislation passed by the U.S. Congress is unknown and the effect on the market value of Digital Assets overall is unknown. State regulatory agencies may also create their own set of regulations of Digital Assets, which might further negatively impact the value of Digital Assets.

Emerging Risks for Digital Assets

Due to the limited history of Digital Assets and the rapidly evolving nature of the Digital Asset market, it is not possible to know all the risks involved in making an investment in Digital Assets, and new risks may emerge at any time. The technology enabling Digital Assets has been developed only within the last decade and, as a result, there is little data on their long-term investment potential. On-going developments and activity in the Digital Asset market may restrict the ability to make investments in Digital Assets and to realize the value of any investments by restricting the conversion of any such value into U.S. dollar-based assets.

← Back to Borrower

For borrowers

Borrower information form.

Tell us about yourself and the financing you have in mind. Our team reviews every submission and will follow up directly.

Trouble loading the form? Open it in a new tab Email info@batteryfinance.io

Investors

Bitcoin-Enhanced Private Credit.

Battery pairs disciplined, asset-backed lending secured by commercial real estate with bitcoin’s long-term appreciation potential, strengthening credit quality through collateral innovation.

6–8% Target dist. yield1
20%+ Target total return p.a.1
Investor information form →

Why now.

Refinancing wall

A generational refinancing wall.

~$1.92 trillion of commercial mortgages mature in 2026–2027, letting disciplined lenders set terms rather than take them.

Source: S&P Global Market Intelligence, Oct 2025
Macro backdrop

Real returns under pressure.

Persistent inflation and fiscal excess are eroding real returns, rewarding structures that pair contractual income with a scarce, uncorrelated asset.

Market maturity

Bitcoin’s infrastructure has matured.

ETFs, regulated custody and a maturing regulatory framework have made bitcoin investable at scale and usable as collateral.

Traditional vs. bitcoin-enhanced credit.

Traditional private credit competes on price and terms. Bitcoin-enhanced credit competes on innovation and alignment, attracting stronger borrowers with superior risk-adjusted return potential.

Traditional private credit

↓ Compressing
Yield from risk, not structure
Higher leverage and weaker covenants compress the margin of safety.
Refinancing risk at maturity
Low-rate-era loans face mounting pressure at maturity.
Returns capped at contractual yield
Lenders carry the risk without reward optionality.
Crowded capital, compressed spreads
Capital inflows drive borrower-friendly terms and weaker underwriting.

Bitcoin-enhanced private credit

+ Battery
Yield from structure, not risk
Anchored in senior CRE income with disciplined underwriting.
Enhanced credit profile
Real estate provides the downside floor; bitcoin adds growth optionality.
Embedded asymmetric upside
Structured bitcoin participation creates uncapped return potential.
Attracts higher-quality borrowers
Differentiated capital draws strategic borrowers, not term-chasers.

How every loan is underwritten.

We underwrite the credit first. Only once it stands on its own do we structure it and add bitcoin as the final layer.

1. Underwrite the credit

A senior loan that must stand on its own: borrower quality, sculpted cash flows, macro overlay, and stress tests with bitcoin at zero.

2. Structure the loan

Three layers, built from the ground up.

Real estate floorSenior lien · 50–75% LTV
Current income6–8% annual interest
Bitcoin~5–20% of loan

3. Return profile

Differentiated, asset-backed yield with asymmetric upside: senior real estate income, bitcoin optionality.

Discuss an investment.

investorrelations@batteryfinance.io
Investor information form →

Notes.

1 Hypothetical performance. The LTV, distribution yield, bitcoin allocation and total return figures shown are hypothetical, illustrative targets based on current underwriting assumptions, collateral structure and bitcoin price exposure, not actual results of any account or fund. Hypothetical performance has inherent limitations: it is prepared with the benefit of hindsight, does not reflect actual trading or the impact of fees, expenses and market conditions, and no representation is made that any investor will or is likely to achieve results similar to those shown. Eligible sectors and underwriting process are indicative; loan terms vary by transaction. Actual results may differ materially and are not guaranteed. Past performance is not indicative of future results.

Disclosures & risks.

All figures, examples, and information provided herein are for illustrative purposes only and do not represent actual or guaranteed results. This material is intended for informational purposes and does not constitute financial, investment, tax, legal, or other professional advice. Past performance is not indicative of future results.

This document is provided for informational purposes only and does not constitute an offer, commitment, or agreement to make a loan or extend credit. All terms and conditions described herein are indicative, non-binding, and subject to change at any time without notice. Any extension of credit by Battery Finance, Inc. is subject to final approval, satisfactory due diligence, and execution of definitive loan documentation.

Risks related to bitcoin and digital assets.

Bitcoin / Digital Assets

Bitcoin and other cryptocurrencies, decentralized application tokens and other cryptofinance coins, tokens and digital assets and instruments that are based on blockchain, distributed ledger, or similar technologies (collectively, "Digital Assets") are loosely regulated and there is no central marketplace for currency exchange. Supply is determined by a computer code, not by a central bank, and prices can be, and have been, extremely volatile. Digital Asset exchanges have been closed due to fraud, failure, or security breaches. Any capital or assets that reside on a bitcoin exchange that shuts down may be lost.

Digital Asset Ownership and Trading is Volatile and Speculative

Digital Assets represent a speculative investment and involve a high degree of risk. As relatively new products and technologies, Digital Assets have not been widely adopted as means of payment for goods and services by major retail and commercial outlets. Conversely, a significant portion of the demand for Digital Assets is generated by speculators and investors seeking to profit from the short- or long-term holding of Digital Assets. The relative lack of acceptance of Digital Assets in the retail and commercial marketplace limits the ability of end-users to pay for goods and services with Digital Assets. A lack of expansion by Digital Assets into retail and commercial markets, or a contraction of such use, may result in increased volatility. In addition, historical bitcoin price appreciation has been followed by long intervals of downward price movement which increases the risk of volatility in the price of bitcoin.

Digital Asset Vulnerabilities

Digital Assets are created, issued, transmitted, and stored according to protocols run by computers in the Digital Asset network. It is possible these protocols have undiscovered flaws which could result in the loss of some or all assets held by an investor. There may also be network scale attacks against these protocols which result in the loss of some or all of assets held by an investor. Some assets held by an investor may be created, issued, or transmitted using experimental cryptography which could have underlying flaws. Advancements in quantum computing could break the cryptographic rules of protocols which support the assets held by an investor.

Certain Digital Assets, such as Bitcoin, have only recently been deployed. Many Digital Asset networks are new and rapidly developing. Certain technical issues have been identified with respect to various Digital Assets in the past, and as Digital Asset networks continue to develop and grow new technical issues might be uncovered. These issues could lead to a reduction in confidence of the affected Digital Asset, or Digital Assets generally, which could negatively impact the demand for the affected Digital Asset, or Digital Assets generally.

Limited Use of Digital Assets

Currently, there is relatively limited use of any Digital Asset in the retail and commercial marketplace in comparison to relatively extensive use as a store of value, thus contributing to price volatility. Digital Assets have only recently become selectively accepted as a means of payment for goods and services by many major retail and commercial outlets, and use of Digital Assets by consumers to pay such retail and commercial outlets remains limited. Banks and other established financial institutions may refuse to process funds for Digital Asset transactions; process wire transfers to or from Digital Asset exchanges, Digital Asset-related companies or service providers; or maintain accounts for persons or entities transacting in Digital Assets. Conversely, a significant portion of Digital Asset demand is generated by investors seeking a long-term store of value or speculators seeking to profit from the short- or long-term holding of the asset. Price volatility undermines any Digital Asset's role as a medium of exchange, as retailers are much less likely to accept it as a form of payment. A lack of expansion by Digital Assets into retail and commercial markets, or a contraction of such use, may result in increased volatility or a reduction in the value of Digital Assets. There can be no assurance that such acceptance will grow, or not decline, in the future.

Scaling Challenges for Digital Assets

The bitcoin network, like many Digital Asset networks, faces significant scaling challenges that can lead to high fees or slow transaction settlement times, and attempts to increase the volume of transactions may not be effective. As the use of Digital Asset networks increases without a corresponding increase in throughput of the networks, average fees and settlement times can increase significantly. Increased fees and decreased settlement speeds could preclude certain use cases for Digital Assets (e.g., micropayments), and can reduce demand for and the price of Digital Assets. There is no guarantee that any of the mechanisms in place or being explored for increasing the scale of settlement of transactions in bitcoin will be effective, or how long these mechanisms will take to become effective.

Bitcoin Competition

Competition from central bank digital currencies ("CBDCs") and other Digital Assets could adversely affect the value of bitcoin and other Digital Assets. Central banks have introduced digital forms of legal tender (CBDCs). A recent study by the Bank for International Settlements estimated that of the 93 central banks surveyed, 85 (91%) were exploring either a retail CBDC, a wholesale CBDC or both. CBDCs, as legal tender in the issuing jurisdiction, could have an advantage in competing with, or replace, bitcoin and other Digital Assets as a medium of exchange or store of value. As a result, the value of bitcoin could decrease. Other competing Digital Assets, including those developed by large technology companies may adversely affect the value of bitcoin and Digital Assets.

Internet Reliance

A significant disruption in internet connectivity could disrupt a Digital Asset's network operations until the disruption is resolved and have an adverse effect on the price of Digital Assets. In particular, some variants of Digital Assets have been subjected to a number of denial-of-service attacks, which have led to temporary delays in block creation and in the transfer of the Digital Assets. Digital Assets are also susceptible to "border gateway protocol" hijacking, or "BGP hijacking." BGP hijacking impacts the way different nodes and miners are connected to one another to isolate portions of them from the remainder of the network, which could lead to a risk of the network allowing double-spending and other security issues. If BGP hijacking occurs on a Digital Asset network, participants may lose faith in the security of Digital Assets, which could affect the value of those Digital Assets.

Uncertain Regulatory Environment for Digital Assets

In addition to the regulatory risks noted above, the overall regulatory environment for Digital Assets remains uncertain. U.S. federal agencies have asserted whole or partial regulatory authority over Digital Assets, including, but not limited to, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Federal Trade Commission, and the Financial Crimes Enforcement Network. Whether and to what extent Digital Assets will be regulated by any existing federal agencies or by new legislation passed by the U.S. Congress is unknown and the effect on the market value of Digital Assets overall is unknown. State regulatory agencies may also create their own set of regulations of Digital Assets, which might further negatively impact the value of Digital Assets.

Emerging Risks for Digital Assets

Due to the limited history of Digital Assets and the rapidly evolving nature of the Digital Asset market, it is not possible to know all the risks involved in making an investment in Digital Assets, and new risks may emerge at any time. The technology enabling Digital Assets has been developed only within the last decade and, as a result, there is little data on their long-term investment potential. On-going developments and activity in the Digital Asset market may restrict the ability to make investments in Digital Assets and to realize the value of any investments by restricting the conversion of any such value into U.S. dollar-based assets.

← Back to Investor

For institutional investors

Investor information form.

Tell us about yourself and your interest in the strategy. Our team reviews every submission and will follow up directly.

Trouble loading the form? Open it in a new tab Email investorrelations@batteryfinance.io

Media & insights

Perspectives on credit, real assets, and bitcoin.

A curated library of research, recorded conversations, and press coverage. The views reflect the analysis of the authors at the time of publication and do not constitute investment advice or a recommendation.

Media inquiries.

info@batteryfinance.io

Legal disclaimer and awards disclosure.

The research, writing, and recorded conversations available on this page are provided for informational and educational purposes only. They reflect the views of the respective authors or speakers as of the date of publication and may not reflect current views. Materials may reference scenarios, assumptions, or historical data; any modeled outcomes are illustrative and should not be construed as projections, forecasts, or guarantees of any particular result.

Nothing in this library constitutes investment, legal, tax, or accounting advice, and nothing should be construed as an offer to sell or a solicitation of an offer to buy any security or financial instrument. Any such offer or solicitation will be made solely through definitive offering documents to qualified persons in jurisdictions where permitted, subject to applicable exemptions and investor qualification. Past performance is not indicative of future results.

This page does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Battery Finance’s awards and recognitions are based on third-party evaluations and criteria, which may be subjective and may rely in part on information provided by Battery Finance. Awards and recognitions by third-party rating agencies, companies or publications should not be interpreted as a guarantee of future results or performance, and should not be considered an endorsement, recommendation or referral of Battery Finance or its representatives by any client or third party.

Past performance is not indicative of future results. Award descriptions, eligibility criteria, and selection methodologies vary by award; additional details, including the date of each award, the period on which it was based, the identity of the issuing organization, and any compensation provided directly or indirectly by Battery Finance in connection with obtaining or using the award, are available at the link accompanying each award above.

Terms and Conditions of Use

By accessing this website (this “Website”) of Battery Finance Inc. and its affiliated entities (collectively, “Battery Finance”), you hereby accept and agree, on behalf of yourself and the institution/company or other legal entity you represent, to comply with the terms and conditions set forth below when you access this site. IF YOU DO NOT ACCEPT SUCH TERMS, YOU MAY NOT ACCESS THE SITE.

We may change these terms and conditions from time to time in our discretion. Changes will be posted to this webpage. We encourage you to return to this webpage frequently so that you are aware of our current terms and conditions. Your continued use of the Website constitutes your acceptance of the amended terms and conditions. The amended terms and conditions supersede all previous versions.

You acknowledge that this Website is for informational purposes only.

This Website is not, and may not be relied on in any manner as, legal, tax, investment, accounting or other advice or as an offer to sell or a solicitation of an offer to buy interests in any fund, account or other investment product sponsored or managed by Battery Finance (a “Fund”). Any such offer or solicitation shall only be made pursuant to the final confidential private placement memorandum relating to a Fund, and a Fund’s subscription documents, which will be furnished to qualified investors on a confidential basis at their request for their consideration in connection with such offering.

The information supplied in this Website has not been audited or reviewed for accuracy by any third-party and while Battery Finance uses reasonable efforts to update the information contained on this Website, Battery Finance makes no representations or warranties as to the accuracy, reliability or completeness of any information. Any content of this Website is subject to change without notice.

Certain information contained in this Website constitute “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” ‘forecast,” “intend,” “continue,” “target,” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance may differ materially from those reflected or contemplated in such forward-looking statements. Nothing contained in this document may be relied upon as a guarantee, promise, assurance or a representation as to the future. Past performance is not indicative of future results, and there can be no assurance that comparable results will be achieved.

All content displayed or otherwise contained on or available via this Website, including without limitation all images, text, screens, documents, data and other materials constitutes the proprietary intellectual property of Battery Finance or its licensors, and are protected by U.S. and international copyright laws. By accessing or utilizing this Website, you agree not to directly or indirectly copy, modify, recast, create derivative works, post, publish, display, redistribute, disclose, or make available the content displayed or otherwise contained on or available via this Website, in whole or in part, to any third parties, or assist others to do the same, or otherwise make any commercial use of the materials without the prior written consent of Battery Finance.

This Website and the information found herein are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation or which would subject Battery Finance to any registration or licensing requirement. The products and services referred to on this Website, if any, may be subject to legal and regulatory requirements applicable in the jurisdiction where you are a resident and/or may not be suitable to you or available in the jurisdiction in which you are located. Those who choose to access this Website do so on their own initiative and are responsible for establishing the legality, usability and correctness of any information under any or all jurisdictions and the compliance of that information with local laws, if and to the extent local laws are applicable. You may not use or export the information in violation of U.S. laws and regulations.

The Website contains links to third-party websites, or may give you access to applications, software, or products provided by third parties. Please understand that those third-party websites and products may have different terms of use and privacy policies, and that Battery Finance does not control and is not responsible for the content of such websites or the privacy practices of such third parties. The information collected by such third-party websites is not covered by the Battery Finance Privacy Policy. Access and use of third party content made available through the Website is solely at your own risk and Battery Finance makes no warranties, express, statutory, or implied, with respect to such third party content or information. To the maximum extent permitted by applicable law, we will not be liable for any content linked to, shared or otherwise made available via the Website, including, but not limited to, any inaccuracies, errors or omissions in any content, any intellectual property infringement with relation to the linked content, or any loss or damage

THIS WEBSITE AND ALL INFORMATION AND MATERIALS ON THE SITE ARE PROVIDED “AS IS,” WITHOUT ANY REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, REGARDING THE ACCURACY, RELIABILITY, COMPLETENESS, SUITABILITY OR OTHER CHARACTERISTICS OF THE INFORMATION AND MATERIALS CONTAINED ON OR PRESENTED THROUGH THIS WEBSITE. BATTERY FINANCE DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND, INCLUDING WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NONINFRINGEMENT AND FREEDOM FROM COMPUTER VIRUS.

IN NO EVENT SHALL BATTERY FINANCE OR ANY OF BATTERY FINANCE’S RESPECTIVE PARTNERS, MEMBERS, OFFICERS, DIRECTORS, AFFILIATES, AGENTS AND EMPLOYEES BE LIABLE FOR ANY CLAIMS, LOSSES, DEMANDS, LIABILITIES, COSTS, EXPENSES OR DAMAGES, INCLUDING INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES, ARISING OUT OF, OR IN ANY WAY DIRECTLY OR INDIRECTLY CONNECTED WITH THIS WEBSITE OR USE THEREOF OR INABILITY TO USE BY ANY PARTY, OR IN CONNECTION WITH ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS OR LINE OR SYSTEM FAILURE, EVEN IF BATTERY FINANCE OR ITS RESPECTIVE PARTNERS, MEMBERS, OFFICERS, DIRECTORS, AFFILIATES, AGENTS AND EMPLOYEES ARE ADVISED OF THE POSSIBILITY OF SUCH CLAIMS, LOSSES, DEMANDS, LIABILITIES, COSTS, EXPENSES AND DAMAGES. THIS LIMITATION OF LIABILITY IS COMPREHENSIVE.

Newmarket Investment Management, LP ("NIM") is registered as an investment adviser with the U.S. Securities and Exchange Commission ("SEC") under the Investment Advisers Act of 1940, as amended. Newmarket Global Management, LP ("Newmarket Global") and Battery Finance are each relying advisers to NIM's SEC registration. None of NIM, Newmarket Global, Battery Finance. or the SEC have confirmed the accuracy of this Website or any information found herein.

Privacy Policy

Last Updated: January 2026

1. Introduction

Battery Finance Inc. and its affiliate companies (together, “Battery Finance,” “we,” “us” or “our”) recognizes the importance of protecting the privacy of our current, prospective and former clients and investors, our online visitors of the website www.batteryfinance.io (the “Site”), our service providers and counterparties, individuals whose personal data are disclosed to us in the context of our operations, including investment due diligence, and other third parties (“you”). It is our intent to balance our legitimate business interests in collecting and using information received from and about you with your reasonable expectations of privacy. This privacy policy (“Privacy Policy”) explains how we collect, use, disclose, share and protect personal data (as defined below) from and about you that we process through your interactions with us, including your interactions with this Site. This Privacy Policy contains information on our use of your personal data in accordance with relevant laws and regulations, including, where applicable, the EU General Data Protection Regulation (2016/679) (“EU GDPR”) and the EU GDPR as it forms part of the laws of the United Kingdom by virtue of section 3 of the European Union (Withdrawal) Act 2018 and as amended by the Data Protection, Privacy and Electronic Communications (Amendments etc.) (EU Exit) Regulations 2019 (“UK GDPR”, and, together with the EU GDPR, “GDPR”). If you are located in the European Economic Area (“EEA”) or the United Kingdom (“UK”) and subject to the GDPR, please review this Privacy Policy and see the below Section 7 for a description of your rights and other information related to the GDPR.

Please read this Privacy Policy carefully to understand what we do with your personal data. The rights discussed in certain sections of this Privacy Policy may be subject to exemptions or other limitations under applicable law.

2. Collection of Personal Data

We may collect nonpublic personal information and other personal information about you, including information that can help us directly or indirectly identify you (“personal data”).

We may collect certain categories of personal data from or about you, including:

  • identifiers and similar information, such as name, address, email address, telephone number, date of birth and birth place, social security number, tax identification number, passport details, driver’s license details and other national identity documentation details, online identifiers or other similar identifiers;
  • personal details, such as gender, national origin, or marital status;
  • commercial information, including records of products or services purchased, obtained, or considered, or other transaction histories or tendencies, including funds in which you are invested, investments considered, risk tolerance and investment activity;
  • financial information, such as bank account details, credit card details, account balances, wire instructions, tax status, income, assets, and source of wealth;
  • professional or employment-related information, such as education information, investment experience, occupation, compensation, employer, title, employment history, investment experience;
  • certain information that may qualify as “special category” data under the GDPR, such as data revealing race or ethnical origin, political opinions, religious or philosophical beliefs, trade union membership, health or sexual orientation;
  • internet or other electronic network activity information, including interactions with the Site or use of certain online tools; and
  • audio, electronic, visual, or similar information.

3. Sources of Personal Data

We may collect personal data directly from you and/or your intermediaries through sources such as: (i) account applications, subscription agreements, and other forms or related documentation; (ii) written, electronic, or verbal correspondence with us or our service providers; (iii) investor transactions; (iv) an investor’s brokerage or financial advisory firm, financial advisor, or consultant; (v) from information captured on applicable websites, fund data rooms and/or investor reporting portals (as applicable); and/or (vi) survey-style questionnaires you submit to us, as described in Section 9 below.

We may also collect personal data from different sources, such as: (i) our service providers; (ii) public websites or other publicly accessible directories and sources, including bankruptcy registers, tax authorities, governmental agencies and departments, and regulatory authorities; and/or (iii) from credit reporting agencies, sanctions screening databases, or from sources designed to detect and prevent fraud.

In certain circumstances, we may be provided with your personal data in the context of our operations, including investment due diligence.

4. Purposes for Collection and Use of Personal Data

We may collect, use or process personal data for business or commercial purposes, such as:

  • performing services on behalf of a fund, including fulfilling your requests, maintaining or servicing accounts, providing investor relations service, processing subscriptions, withdrawals and redemptions (as applicable), verifying information, processing payments, or providing similar services;
  • communicating with you;
  • performing our contractual and regulatory obligations to a subscriber to a fund, including providing updates on a fund’s performance, providing tax reporting and other operational matters;
  • detecting security incidents and protecting against malicious, deceptive, fraudulent, or illegal activity, including preventing fraud and conducting “Know Your Client,” anti-money laundering, terrorist financing, and conflict checks;
  • enabling or effecting commercial transactions;
  • where permitted by applicable law, providing you with marketing or promotional materials;
  • establishing, exercising or defending legal claims and in order to protect and enforce our (or another person’s) rights, property, or safety, or to assist others to do the same;
  • complying with legal or regulatory requirements;
  • administering and improving our Site; and
  • internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes.

We may from time to time control or process personal data for the purposes of operating our business, including in respect of marketing and advertising. Any person who does not wish their personal data to be processed for marketing purposes may opt out of such processing by contacting us as set out in Section 14 below.

We will only use personal data for the purposes that it has been collected for, unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose of the control or processing. Any person requiring information with respect to any additional purpose for which personal data may be controlled or processed may obtain such information by contacting us as set out in Section 14 below. If we need to control or process personal data for an unrelated purpose, we will use its reasonable endeavors to notify affected persons and to explain the basis on which we are permitted to undertake the same. We may be legally obliged to process certain personal data in order to be able to perform services and business operations or to comply with contractual requirements. If you choose not to provide us with the necessary personal data or to restrict us from processing personal data, we may not be able to meet our obligations or deliver the products or services requested. This may lead to cancellation of contracts; if this is the case, we will endeavor to contact you to discuss this.

5. Disclosure of Personal Data

We may share personal data with certain third parties for the purposes set out above, including as follows:

  • We share your personal data with our service providers to perform the functions for which we engage them. For example, we may share your personal data with professional service providers such as banks, auditors, law firms, tax advisors, consultants and other third parties. We may also use third parties to host the Site or assist us in providing functionality on the Site, provide data analysis and research as regards the Site, to send out email updates about the Site or remove repetitive information from our user lists.
  • We may share your personal data with regulatory, legal and tax authorities, including for example to respond to a subpoena, regulation, binding order of a data protection agency, legal process, governmental request or other legal or regulatory process. We may also share personal information as required to pursue available remedies or limit damages we may sustain. We also may share your personal data with third parties (including, but not limited to, governmental organizations and self-regulatory organizations) to enforce our rights, protect our property or protect the rights, property or safety of others, to prevent fraud, unauthorized transactions or liability; or as needed to support external auditing, compliance and corporate governance functions.
  • We may transfer information, including your personal data, in connection with a change of ownership or control by or of us or any affiliated entity (in each case whether in whole or in part) and where we sell or transfer all or a portion of our business or assets (including in the event of a reorganization, dissolution or liquidation)

Battery Finance does not share your personal information with third parties for those third parties’ marketing purposes.

6. Security and Retention of Personal Data

Battery Finance uses reasonable security measures designed to prevent unauthorized intrusion to the Site and to protect your personal data from unauthorized access, alteration, acquisition or misuse. We will take reasonable steps to use technical, administrative, organizational and physical security measures appropriate to the nature of the personal data we are processing and that comply with applicable laws to protect personal data against unauthorized access and exfiltration, acquisition, theft, or disclosure. We generally restrict access to personal data to those employees and agents who have been advised as to the proper handling of such information and who need to know such data to provide services to clients. Given the nature of information security, there is no guarantee that such safeguards will always be successful. To the extent permitted under applicable law, we will not be responsible for loss, corruption or unauthorized acquisition or misuse of personal information that you provide through the Site that is stored by us, or for any damages resulting from such loss, corruption or unauthorized acquisition or misuse.

How long we keep your personal data will vary depending on the type of personal data and our reasons for collecting it. The retention period will be determined by various criteria, including the purposes for which we are using it (as it will need to be kept for as long as is necessary for any of those purposes) and our legal obligations (as laws or regulations may set a minimum period for which we have to keep your personal data). In general, we will retain your personal data for as long as we require it to perform our contractual rights and obligations or for periods required by our legal and regulatory obligations.

7. Additional Information for EEA and UK Data Subjects

The GDPR imposes certain obligations on us, as a data controller, and grants certain rights to data subjects located in the EEA or UK (“data subject,” “you” or “your” in this Section) in certain circumstances. “Personal data” and other terms as used in this Section have the same meaning provided in the GDPR. If you are located in the EEA or UK and your personal data is disclosed to us in the context of our investment due diligence, the GDPR may not be applicable to us in the context of such processing of personal data and you may not have the rights described in this Section. However, we will take reasonable steps to protect the privacy and security of your personal data, as described in the other Sections of this Privacy Policy.

a. Legal Basis

As described above in Sections 2 and 4, we process personal data for various purposes. Our lawful bases for processing such personal data include:

  • where it is necessary for our legitimate interests (or those of a third party) and your interests and fundamental rights do not override those interests;
  • to comply with certain legal and regulatory requirements;
  • depending on the circumstances, we may need to process your personal data for the performance of a contract to which you are a party, or related pre-contractual steps; and
  • with your consent.

As described below in Section 9, we also process any personal data in survey data you submit to us.

Our lawful basis for processing such personal data include:

  • our legitimate interests, or the legitimate interests of a third party, where those legitimate interests are not outweighed by your interests or fundamental rights and freedoms; and/or
  • your consent.

b. Rights Applicable to Certain EEA or UK Data Subjects

Under the GDPR and any other applicable EU or UK data privacy laws, certain data subjects have a right to: (i) request access to and rectification of your personal data; (ii) correct personal data that we hold where it is incomplete or inaccurate; (iii) restrict the processing of your personal data in certain circumstances; (iv) object to the processing of your personal data in certain circumstances, including where we process personal data for direct marketing purposes or where we have processed such data on the basis of our legitimate interests; (v) request that we erase your personal data under certain circumstances; (vi) ask for a copy of your personal data to be provided to you, or to a third party, in a digital form; (vii) withdraw your consent to the processing of your personal data (where applicable); and (viii) lodge a complaint about the processing of your personal data with your local data protection authority. We particularly appreciate it when you make your question, problem or complaint known.

Please contact us as set out in Section 14 below so we can try to find a suitable solution. If you wish to lodge a complaint, the UK data protection authority for example is the Information Commissioner. (You can contact the Information Commissioner at: Information Commissioner’s Office, Wycliffe House, Water Lane, Wilmslow, Cheshire SK9 5AF; telephone: +44 (0)303 123 1113; email: casework@ico.org.uk).

c. How to Exercise Your Rights Under the GDPR

If you wish to exercise any of these rights as an EEA or UK data subject, you should contact us as set out in Section 14 below.

d. Transfers of Personal Data Outside the EEA or the UK

Our activities and the jurisdictions in which we are established are such that it may be necessary for personal data that we obtain from you to be transferred and/or processed outside of the EEA or the UK, chiefly but not limited to the United States. Personal data may be accessible by employees and other persons working on our behalf, located outside of the EEA or the UK, including to certain service providers (including but not limited to technical service providers and electronic data storage providers) who may process the information you give us. In circumstances where we transfer personal data outside the EEA or the UK, we will seek to ensure a similar degree of protection is afforded to it by ensuring that, where possible, personal data is generally transferred only to persons in countries outside the EEA or the UK in one of the following circumstances:

  • to persons and undertakings in countries that have been deemed to provide an adequate level of protection for personal data by the European Commission or the relevant Secretary of State in the United Kingdom, as applicable (an “adequacy decision”);
  • to persons and undertakings based in the United States if they are part of the EU-U.S. Data Privacy Framework which requires them to provide similar protection to personal data shared between the EEA and the United States, as well as between the UK and the United States pursuant to the Data Protection (Adequacy) (United States of America) Regulations 2023 for the UK Extension to the EU-U.S. Data Privacy Framework (the UK-US Data Bridge);
  • to persons and undertakings to whom the transfer of such personal data is made pursuant to a contract that is compliant with the model contracts for the transfer of personal data to third countries from time to time approved by the European Commission or in the form of the international data transfer agreement adopted by the Information Commissioner’s Office and the UK Parliament or an equivalent or replacement agreement (the IDTA), as applicable, and as supplemented where and if required;
  • to persons and undertakings outside of the EU or the UK pursuant to other appropriate safeguards for the transfer of personal data; and
  • only on one of the conditions allowed under the GDPR in the absence of an adequacy decision or appropriate safeguards.

You can contact us through the information provided in Section 14 below for further information on specific mechanisms we utilize for transferring personal data outside the EEA or the UK and the countries to which such transfer may be made (which may include, but are not limited to, the United States).

8. Cookies and Similar Technologies

Cookies are small text files that are stored in your computer’s memory and hard drive, in your mobile device or tablet when you visit certain web pages. They are used to enable websites to function or to provide information to the owners of a website, or other third parties which receive data obtained from that website. Currently, our website does not use cookies or similar tracking technologies. Please note that some of our third party service providers may use cookies and similar technologies to support our operations. These entities may be collecting such information in order to provide services to or for us. You should be aware that these third party services providers may have different privacy policies and information security practices, as such, we encourage you to read the privacy statements provided by other websites before you provide personal data to them.

Our Site does not currently take any action when it receives a Do Not Track request. Do Not Track is a privacy preference that you can set in your web browser to indicate that you do not want certain information about your webpage visits collected across websites when you have not interacted with that service on the page. For details, including how to turn on Do Not Track, visit www.donottrack.us.

9. Use of Survey Data

In addition to the personal data described above, we may collect information from you through optional survey-style questionnaires available on our website. These questionnaires are designed to gather insights and feedback for purposes such as improving our services, understanding user preferences, and responding to specific inquiries.

Categories of Data Collected

The information collected through these surveys may include, but is not limited to:

  • Personal identifiers (e.g., name, email address, phone number).
  • Demographic information (e.g., age range, location).
  • Feedback and preferences related to our services.

Purpose and Use of Survey Data

We will use survey data for the following purposes:

  • To better understand the needs and preferences of our clients and site visitors.
  • To improve our products, services, and website functionality
  • To respond to inquiries or requests submitted through the survey.

Consent and Participation

Participation in these surveys is entirely voluntary. Before submitting a survey, you will be asked to provide explicit consent acknowledging that your responses will be processed in accordance with this Privacy Policy.

Sharing of Survey Data

Survey responses may be shared with internal teams and select third-party service providers who assist us in analyzing feedback. We will ensure that these third parties adhere to strict confidentiality and data protection standards. Survey data will not be used for third-party marketing purposes or shared without your consent.

Retention of Survey Data

Survey data will be retained only for as long as necessary to fulfill the purposes described above or as required by applicable laws. You may request the deletion of your survey responses by contacting us through the channels provided in Section 14.

10. Certain State Residents

You may be aware that there are various state data privacy laws currently in effect in the United States. Our services are not currently subject to any state laws providing rights in connection with personal information. However, we do provide notice and transparency about our collection and use of personal information as described in Privacy Policy.

11. Links to External Websites

Our Site contains links to third party websites. Any access to and use of such third party websites is not governed by this Privacy Policy, but instead is governed by the privacy policies of those third party websites, and we are not responsible for the information practices of such third party websites.

12. Children

Our services are not directed at individuals under the age of 18. We do not knowingly solicit or collect personal data from children under the age of 18. If we become aware that a child under 18 has provided us personal data, we will delete such data from our files. As a parent or guardian, if you become aware that your child has provided us with personal data, please contact us at the email address or telephone number provided at the end of this Privacy Policy and we will delete your child’s personal data within a reasonable time.

13. Changes to this Privacy Policy

We may update this Privacy Policy from time-to-time and any changes to our Privacy Policy will be posted to this page. You can always check the “Last Updated” date at the top of this document to see when the Privacy Policy was last changed. Accordingly, please refer back to this Privacy Policy frequently as it may change. If you do not agree to any changes we make to this Privacy Policy, you must not continue to use our services.

14. How to Contact Us

If you have any questions, comments or requests regarding this Privacy Policy, please contact us at info@batteryfinance.io.

Battery Finance Inc. is a relying adviser to Newmarket Capital.

← Back to Media & Insights

CoStar Impact Awards 2024: The award was issued by CoStar Group and received in 2024 in the Multifamily Development of the Year category.

Award recipients are selected by an independent panel of industry professionals. Judges assess nomination narratives based on the following criteria:

  • Impact: This project was a catalyst for vibrancy and economic activity in the market or submarket.
  • Growth and Diversification: The project introduced new ownership/sponsorship, new uses, new industries and/or new partnerships to this market or submarket.
  • Innovation: This project (common areas and units) is innovative and sets new milestones for the market or submarket in terms of design, wellness, sustainability, energy efficiency, amenities, affordability and tenant mix, technology, mobility innovations relating to transit, bike lanes, parking and/or other elements.
  • Challenges Overcome: Unique challenges were overcome by the developer (e.g., long land assemblage timeframe, complex and lengthy entitlement process, securing tenants and obtaining equity and/or debt, rising construction labor and materials costs, supply chain delays, complex marketing/lease up due to COVID, etc.).

Newmarket Capital submitted information as part of the award nomination process. Third-party awards and recognitions are not indicative of future performance and may not be representative of any one client's experience. Battery Finance Inc. is a relying adviser to Newmarket Capital.

← Back to Media & Insights

Global Finance, The Innovators 2025: The award was issued by Global Finance magazine and received in 2025 in the Most Innovative Financial Technology Company in North America category.

The Innovators awards recognize entities that regularly identify new paths and design new tools in finance. All selections were made by the editorial board of Global Finance with the input of reporters who are experts on the functions served by the honored innovators; entries were required for the regional awards.

Battery Finance was recognized for a November 2024 transaction that integrated a bitcoin reserve, with shared appreciation benefits for both borrower and lender, into the collateral package for the refinancing of a seasoned multifamily mixed-use asset in Center City, Philadelphia.

Battery Finance submitted information and paid a fee to Global Finance as part of the award entry process. Third-party awards and recognitions are not indicative of future performance and may not be representative of any one client's experience. Battery Finance Inc. is a relying adviser to Newmarket Capital.