Lynrock Lake

2 International Drive
Rye Brook, NY 10573

Website: lynrocklake.com

Firm Size

• Assets Under Management (AUM):$2.6 Billion
• Number of Funds:1
• Employees:7
• Firm Type:Hedge Fund

Description

LYNROCK LAKE LP is a picturesque residential development situated in the charming town of Rye Brook, New York. The project offers a serene and tranquil setting with stunning lake views, creating an ideal living environment for families, professionals, and nature lovers. Located in close proximity to major highways and transportation options, LYNROCK LAKE LP provides residents with easy access to the rich amenities of both Rye Brook and neighboring towns. The development aims to offer a balanced lifestyle, where residents can enjoy outdoor activities while still being conveniently close to a range of services and facilities. The community at LYNROCK LAKE LP features a variety of housing options, including beautifully designed single-family homes and townhouses. The architecture emphasizes modern aesthetics while blending seamlessly with the natural surroundings. The development ensures privacy and security with well-maintained common areas and advanced security systems. One of the standout features of LYNROCK LAKE LP is the adjacent lake, which acts as a focal point of the community. Residents can enjoy numerous water-based activities like fishing, boating, or simply strolling along the lakeside paths. The surrounding green spaces provide an excellent backdrop for picnics or outdoor gatherings, fostering a sense of community among neighbors. LYNROCK LAKE LP also recognizes the importance of recreational facilities and offers residents access to amenities such as a clubhouse, swimming pool, fitness center, and playgrounds. These amenities are thoughtfully designed to promote an active and healthy lifestyle, allowing residents of all ages to enjoy a range of activities. With its idyllic setting, well-planned housing options, and abundance of amenities, LYNROCK LAKE LP in Rye Brook, NY, offers a unique opportunity for individuals seeking a peaceful and harmonious living environment without compromising on convenience and accessibility.

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May 13, 2024: LivePerson Strengthens Capital Structure
LivePerson, Inc . (Nasdaq: LPSN) ("LivePerson" the "Company", "we" or "us"),  the enterprise leader in digital customer conversations, today announced that its largest existing notes investor, Lynrock Lake Master Fund LP ("Lynrock"), has entered into a binding agreement to exchange (the "Exchange") its existing approximately $146 million principal amount of Senior Convertible Notes due 2026 for $100 million of new Senior Secured Convertible Notes due 2029 (the "New Notes"). In addition, Lynrock has agreed to provide the Company with $100 million of new capital in the form of additional New Notes, with $50 million to be purchased concurrently with the Exchange and another $50 million to be purchased within six months of the Exchange upon the Company's request.