Equipment leasing investment company ATEL Capital Group is ready to launch the latest iteration of its equity fund, ATEL Capital Equipment Fund XI, according to a recent S-1 filing with the Securities and Exchange Commission.

The vehicle, similar in nature to the previous funds in the series, will be used to acquire equipment, which in turn, will be leased out. Eventually, the leasing receivables would likely be securitized, the filing stated. The fund aims to purchase a diverse portfolio of low-technology equipment leased to corporations.

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