Tilden Park Capital led a $100m funding round in MPOWER Financing.

Tilden Park Capital Management, an alternative asset manager, led a $100m funding round in MPOWER Financing, a provider of education loans for students. The round was joined by King Street Capital Management, Drakes Landing Associates, and Pennington Alternative Income Management. MPOWER stated that the fresh round of funding will be used to scale its operations and grow the team in Bengaluru besides providing more financial support for the students. “We look forward to supporting an even greater number of qualified students around the globe as they study in the US and Canada,” Emmanuel Smadja, MPOWER Financing CEO and Co-Founder.