Capitolis, a financial technology company, announced an agreement to acquire 20 Gates Management’s U.
S. Secured Financing Platform, an acquisition expected to enhance Capitolis’s Capital Marketplace, broaden its client base, and integrate seasoned industry talent.
The acquisition, slated to close in the coming weeks, will enable Capitolis to extend its secured financing offerings to the U.
S. market. Capitolis already provides secured financing solutions in Europe. The 20 Gates Management’s U.
S. Secured Financing Platform has operated for over 15 years, supported by a diverse base of investors and banks.
Gil Mandelzis, CEO and Founder of Capitolis, commented on the acquisition, stating, “We have known 20 Gates Management for many years, have partnered with them, and are excited to bring their U.
S. secured financing capabilities and veteran team members on board.” He added that the U.
S. offerings are critical to their clients and will accelerate growth through established client relationships and exceptional talent.
Hans Bald, CEO of 20 Gates Management, acknowledged the long-standing relationship with Capitolis and their market leadership. He expressed enthusiasm for Capitolis’s expansion into U.
S. secured financing through the integration of their platform. 20 Gates Management will continue to focus on its core Asset Management business, which involves investing in private and revolving Asset-Backed Securities (ABS) for its clients.
This acquisition is part of Capitolis’s ongoing strategy to expand its product offerings and strengthen its position in the capital markets. The company, founded in 2017, focuses on unlocking capital constraints to foster more diversified capital and investment opportunities. Capitolis is supported by venture capital firms including Canapi Ventures, 9Yards Capital, SVB Capital, Andreessen Horowitz, Index Ventures, Sequoia Capital, Spark Capital, and S Capital, as well as global banks such as Barclays, BNP Paribas, Citi, J.
P. Morgan, Morgan Stanley, Standard Chartered, State Street, and UBS.
Capitolis has also recently expanded its leadership team with several key appointments, including Okan Pekin as President, Roy Saadon as Head of Market Development, Portfolio Optimization, Richard Schiffman as Chief Product Officer, Amol Naik as Chief Operating Officer, and Melanie Carucci as Global Head of Sales. The company has received recognition, including being featured on the Inc. 2024 Best in Business list, honored in the 2025 Euromoney Foreign Exchange Awards, and included on CNBC’s World’s Top Fintech Companies list. It has also appeared on Deloitte’s Technology Fast 500 list, Fast Company’s World’s Most Innovative Companies for 2023, and was recognized by American Banker among the Best Places to Work in Fintech, and by Crain’s New York Business as one of New York City’s Best Places to Work in 2025.
