Medley reports $4.27 million net loss on zero net revenue for June

By Sarah Lizee

Olympia, Wash., Aug. 6 – Medley LLC reported a $4.27 million net loss on zero net revenue for the June period, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company listed $936,231 of unrestricted cash and equivalents as of June 30.

New York-based Medley is an alternative asset management firm offering yield solutions to retail and institutional investors. The company filed bankruptcy on March 7 under Chapter 11 case number 21-10526.

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