Total assets under management for specialty servicer Portfolio Financial Servicing Company topped the $10 billion threshold this week, the company announced. The Portland, Ore.-based servicer, with offices in West Columbia, S.C., serves as a primary and backup servicer for captive finance programs, net receivables, and collateralized debt obligations, as well as equipment leases.
"This growth is, in part, attributed to PFSC's ability to consistently meet the diverse needs of our clients and the high standards of the structured finance market," said PFSC Jerry Hudspeth, president and CEO.