The Founders of 1839 Asset Management and A-CAP Announce Launch of Joint Venture 1128 Capital to Serve Growing Demand for Private Mortgage Lending

Firm to be managed by industry veterans Sharon Koh and Vincent Spreuwenberg

NEW YORK, January 10, 2022 - The founders of 1839 Asset Management, LLC (“1839 Asset Management”) and A-CAP today announced the launch of joint venture 1128 Capital, LLC (“1128 Capital”), which is an integrated business purpose mortgage lending platform that serves brokers and mortgage lenders on a national scale.

1128 Capital will be led by Vincent Spreuwenberg and Sharon Koh, founders of 1839 Asset Management, and will be supported by 1839 Asset Management’s former operations team. 1128 Capital will manage all new lending and other private mortgage-related activity moving forward.

“We are thrilled to formally join forces with A-CAP as 1128 Capital. In this new venture, we are building upon 1839 Asset Management’s advisory and capital partnership with A-CAP, which dates back more than five years. We are confident that A-CAP’s broad knowledge of real estate coupled with their deep expertise across the finance and technology industries will position 1128 Capital as a leading lending platform,” said Sharon Koh, CEO of 1128 Capital. “A-CAP’s knowledge of and commitment to private mortgage investing makes them an ideal partner for our business. Combining the organizational resources and strengths of our respective teams will create value by laying the foundation for future expansion in targeted products and markets. We are excited about working together on this joint venture.” added Vincent Spreuwenberg, CIO of 1128 Capital.

“Sharon and Vince are proven operators whose presence in the private mortgage market far predates the current influx of capital and interest in the space,” said Kenneth King, Founder and President of A-CAP. “We expect 1128 Capital to accomplish great things in 2022 and beyond and are very pleased to be partnering with the management team.”

About the Principals of 1839 Asset Management

Sharon Koh and Vincent Spreuwenberg established 1839 Asset Management in 2013 to originate and manage private mortgages for a diversified investor base. During 1839 Asset Management’s operating history, they issued and managed mortgages with principal balances totaling more than $530 million.

About A-CAP

A-CAP is a holding company owning multiple insurance and financial businesses on its unique and synergistic platform. These businesses include primary insurance carriers, an SEC registered investment adviser, reinsurance vehicles, and marketing organizations. With broad knowledge across the insurance and investment sectors, A-CAP’s management team has diverse experience and provides comprehensive services to policyholders, insurance company clients and capital partners. Launched in 2013, A-CAP is a privately held company with offices located in New York, Charleston, Chicago, and Salt Lake City. For more information, visit www.acap.com.

For More Information, Contact:

Sharon Koh, CEO, 1839 Assest Management LLC sharon@1128capital.com | (646) 350-3581