BlackRock released its annual Private Markets Outlook mapping out how the sector, spanning geographies and asset classes, will evolve in the year ahead. Covering trends in private debt, infrastructure, private equity and real estate, the report helps... Read Story

Cervano Capital officially announced its formation as an independent sponsor. Cervano focuses on investments in the lower middle market across business services, industrial, technology, and consumer sectors. The firm aims to partner with founder-led... Read Story

MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity, alternative credit, and structured capital, announced the successful final close of MidOcean CLO Equity Fund I (the “Fund”) with $304 million... Read Story

Alvarez & Marsal (A&M) announced the appointment of Kyle Lemmon as a Managing Director within its Private Equity Performance Improvement (PEPI) group focused on the firm’s Transformation Services offering. Lemmon, who specializes in helping clients... Read Story

Clarus Capital succcessfully closed a $12 million equipment loan facility designed to support the modernization initiatives of a private equity-backed specialty manufacturing company. The financing allows the client to invest in state-of-the-art... Read Story

J.F. Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, announced the successful closing of its latest flagship fund, JFL Equity... Read Story

Eldridge Industries is launching Eldridge, an asset management and insurance holding company with approximately $74 billion in assets under management. And Eldridge will be wholly owned by Eldridge Industries and consist of two divisions: Eldridge... Read Story

Clarus Capital closed a $7 million capital lease facility for a vertically integrated manufacturer of private-label consumer products. The facility unlocks liquidity tied to key production assets, providing critical capital to support the company’s... Read Story

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Sentinel Capital Partners in their acquisition of NSI Industries. NSI is a manufacturer and supplier of branded electrical and HVAC... Read Story

BlackRock and HPS Investment Partners, a leading global credit investment manager with approximately $148 billion in client assets, have entered into a definitive agreement for BlackRock to acquire HPS for approximately $12 billion, with 100% of... Read Story

Hercules Capital renewed and upsized its existing $225.0 million credit facility with Sumitomo Mitsui Banking Corporation (“SMBC”) with an upsized credit facility under which Synovus Bank, Customers Bank and Apple Bank, together with SMBC, have... Read Story

Bain Capital completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion. This capital base includes Global Special Situations Fund II, which received $5.7... Read Story

Houlihan Lokey announced that Brad Boggess has joined as a Managing Director in its Capital Markets Group. Based in Atlanta, Boggess will leverage his deep finance and operational expertise as well as his senior-level relationships with countless... Read Story

Transom Capital Group, a private equity firm focused on operational improvements in the middle market, announced the final close of Transom Capital Fund IV at $675 million in capital commitments, more than double the size of its previous fund and... Read Story

Ares Management Corporation announced that funds managed by its Credit Group closed approximately $12.3 billion in U.S. direct lending commitments across 86 transactions during the third quarter of 2024 and approximately $44.5 billion in direct... Read Story

Alvarez & Marsal (A&M) announced the appointment of John Fiorentino as a Managing Director within the firm’s Private Equity Performance Improvement (PEPI) group. Mr. Fiorentino’s expertise unlocking procurement and supply chain-driven value creation... Read Story

Ares Capital Corporation announced that James (“Jim”) R. Miller was appointed as Co-President to serve alongside current Co-President, Kort Schnabel. Concurrently, Ares Capital’s Board of Directors was expanded by one member. Mitchell (“Mitch”)... Read Story

Blackstone announced the final close of the first series of its evergreen institutional U.S. direct lending fund, Blackstone Senior Direct Lending Fund (“BXD”). Blackstone has closed on approximately $22 billion of investable capital for the... Read Story

5C Investment Partners (“5C”), an alternative investment firm focused on private credit, announced the commencement of investing activity as part of their senior direct lending platform. 5C will begin investing with $1.6 billion of available capital... Read Story

Nuveen Churchill Private Capital Income Fund (“PCAP”) and Nuveen Churchill Private Credit Fund (“NCPCF”) have entered into a purchase and sale agreement pursuant to which NCPCF will sell to PCAP substantially all of its assets, PCAP will assume... Read Story

H.I.G. Capital announced the closing of H.I.G. Capital Partners VII ("Fund VII"). Significantly oversubscribed, Fund VII closed with $2 billion of capital commitments and continues the Firm's highly successful strategy of making control equity... Read Story

WhiteHawk Capital Partners, an asset based direct lending investment manager, announced the final closing of WhiteHawk Fund IV ("WH IV" or the "Fund"). With total equity commitments of over $1.1 billion, which includes WH IV and related vehicles. The... Read Story

Blue Owl Capital announced the five-year anniversary of its investment in Wingspire Capital, a premier asset-backed direct lender that operates two business units, Wingspire Equipment Finance and Wingspire Corporate Finance.Blue Owl Capital... Read Story

Oak Hill Advisors (“OHA”) served as Lead Left Arranger for a private unitranche facility supporting the acquisition of Farsound Aviation Limited by private equity sponsor Onex. Farsound is a leading global supply chain solutions provider for the... Read Story

Clifford Chance hired partners David Schultz and Matthew Hinker, further strengthening its Private Equity and Restructuring & Insolvency practices. They join from O'Melveny. Schultz has more than 20 years' experience representing private equity... Read Story

MidOcean Partners announced that Jon Fox, former President of the alternative investment firm Värde, has joined the firm as Global Head of Capital Formation. Fox brings several decades of leadership and alternative asset management experience to... Read Story

Apollo closed Apollo Origination Partnership Fund II (“AOP II” or “Fund II”) with approximately $4.8 billion of investable assets. This brings total assets raised for the Apollo Large Cap Direct Lending business to approximately $13.3 billion in just... Read Story

Bloomberg Law reported that Blue Owl Capital's CEO, Doug Ostrover sees asset-based lending as “the next big boom” in private credit as regional banks retreat from the space.According to the Bloomberg Law report, Ostrover said that Blue Owl Capital... Read Story

Churchill Asset Management and Arcmont Asset Management, the U.S. and European asset management companies of Nuveen Private Capital, today appointed Moshe Bajnon as Senior Managing Director, Global Head of Private Wealth, effective October 29, 2024.... Read Story

Middle market private companies in the Golub Capital Altman Index grew earnings by 8% during the first two months of the third quarter of 2024. Revenue grew 5% during the same period.Lawrence E. Golub, CEO of Golub Capital, said, “Solid revenue and... Read Story

Ares Management Corporation has entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain of its affiliates, excluding its operations in Greater China (“GCP International”), and existing... Read Story

Astara Capital Partners, an operationally-focused private equity firm that invests in middle market companies, announced that Sarah Robson has joined the firm as Head of Business Development. Based in New York, Sarah will be responsible for leading... Read Story

Citigroup and Apollo entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to... Read Story

BlackRock and Santander announced the signing of a memorandum of understanding (MoU) by which funds and accounts managed by BlackRock will invest up to US$1 billion per year in select project finance, energy finance, and infrastructure debt... Read Story

Alvarez & Marsal Tax, an affiliate of leading global professional services firm Alvarez & Marsal (A&M) appointed Michael Nissan as a Senior Advisor within its Compensation & Benefits practice. Mr. Nissan’s hire expands A&M’s M&A offering to structure... Read Story

Bloomberg reported that Blue Owl Capital led a $3.2 billion private debt financing supporting Blackstone and Vista Equity Partners’ buyout of software firm Smartsheet Inc., with 20 other lenders participating.Read the full news story on Bloomberg... Read Story

KKR released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).In the report, McVey and his team chart the evolution of the... Read Story

KKR announced the final closing of KKR Ascendant Fund SCSP, a $4.6 billion fund dedicated to investing in middle market businesses in North America. Launched in 2022 as part of KKR’s Americas Private Equity platform, Ascendant is the first KKR... Read Story

NXT Capital closed a senior credit facility in support of Renovo Capital’s acquisition of Pavement Maintenance Group. NXT Capital acted as the Administrative Agent, Sole Bookrunner, and Sole Lead Arranger on this transaction.“We are pleased to have... Read Story

Brookfield Asset Management and Castlelake announced the closing of a $1.5 billion strategic partnership in which Brookfield has acquired a 51% stake in Castlelake's fee-related earnings and Brookfield Wealth Solutions has committed to invest into... Read Story

NXT Capital closed a senior credit facility in support of Revelstoke Capital Partners’ investment in MediQuant. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.Founded in 1999, MediQuant is a... Read Story

Sound Point Capital Management, a leading global alternative credit manager with more than $45 billion in assets under management, announced the final closing of Sound Point U.S. Direct Lending Fund III (“USDL III” or the “Fund”), its largest direct... Read Story

Comvest Credit Partners announced the recent closing of its debut Collateralized Loan Obligation (CLO), Comvest 2024-1 CLO (“Comvest CLO”), at $500 million.“We are excited to leverage Comvest’s resources and capabilities to further expand our credit... Read Story

Big Lots has entered into an agreement (the "Sale Agreement") with an affiliate of Nexus Capital Management LP, pursuant to which Nexus has agreed to acquire substantially all of the Company's assets and ongoing business operations. To facilitate the... Read Story

Citizens served as the exclusive financial advisor to GHK Capital Partners LP, a middle-market private equity firm based in Greenwich, CT, on its acquisition of NY-based Horizon Group.Founded in 2018, GHK is a leading middle-market private equity... Read Story

Comvest Partners announced the promotions of three key leaders of Comvest Credit Partners, its direct lending investment platform. Robert O’Sullivan has been appointed as Chief Executive Officer; Jason Gelberd as Chief Operating Officer; and Greg... Read Story

CenterOak Partners, a Dallas-based private equity firm, announced the closing of CenterOak Equity Fund III, L.P. (“Fund III” or the “Fund”). The Fund was oversubscribed and achieved its hard cap with total capital commitments of over $1.1 billion.... Read Story

Clarus Capital announced the successful closing of a $20 million lease facility for a private equity-backed automotive services company. The financing will enable the acquisition of equipment vital for enhancing and expanding the company’s extensive... Read Story

An affiliate of Paceline Equity Partners (“Paceline”), a Dallas-based private equity manager, provided a debt investment in Promise Confections through a second lien credit facility. Promise Confections is a portfolio company of Promise Holdings, LLC... Read Story

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced the final close of its Stonepeak Opportunities Fund (the “Fund”). Following strong investor demand, the Fund was meaningfully oversubscribed... Read Story

Ares Management Corporation announced that funds managed by its Credit Group closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct... Read Story

Cliffwater Enhanced Lending Fund (CELFX), an interval fund providing access to alternative private credit strategies, has announced the closing of a senior secured syndicated revolving credit facility. The Facility is led by PNC Bank as... Read Story

Ares Management Corporation announced the final closing of Ares Senior Direct Lending Fund III (“SDL III” or the “Fund”). With total equity commitments of approximately $15.3 billion, SDL III was oversubscribed relative to its initial target of $10.0... Read Story

Mirate Equity announced the provision of a $25 million loan to Star Developments, a prominent real estate development company based in Texas. This strategic funding will support Star Developments in its ambitious expansion plans across the state.The... Read Story

The number of terminated private equity-backed deals globally fell 86.2% year over year to just four in the second quarter, according to data from S&P Global Market Intelligence.The decrease in terminated deals suggests a stronger closing momentum in... Read Story

Star Mountain Capital announced that James Camarda has joined as a Managing Director in Star Mountain’s Tampa, Florida office.Camarda brings two decades of expertise in the alternative investment sector, having collaborated with some of the world’s... Read Story

Blue Owl Capital entered into a definitive agreement to acquire the business of alternative credit manager Atalaya Capital Management LP for $450 million. The acquisition is expected to close in the second half of 2024, subject to customary closing... Read Story

Star Mountain Capital announced that Curtis Glovier has increased his involvement with Star Mountain from a Senior Advisor to a full-time role of Managing Director and Strategic Portfolio Officer.“It has been a pleasure working with Curtis personally... Read Story

O2 Sponsor Finance, a division of Old Second National Bank provided senior secured credit facilities to support Encore Consumer Capital in its acquisition of Chalet Desserts ("Chalet").Based in Sacramento, CA, Chalet is a specialty manufacturer of... Read Story

Middle market private companies in the Golub Capital Altman Index grew earnings by 11% during the first two months of the second quarter of 2024. Revenue grew 7% during the same period.Lawrence E. Golub, CEO of Golub Capital, said, “Q2 2024... Read Story

Monomoy Capital Partners, a private investment firm focused on the middle market, closed its fifth private equity fund (“Fund V”). Fund V exceeded its initial target of $1.6 billion and was oversubscribed at its final close of $2.25 billion... Read Story

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Macquarie Capital in their acquisition of Kalkomey, a provider of online recreational safety education in North America. Founded in 1995... Read Story

Blank Rome announced that Jeffrey “Jeff” A. Fickes and Christopher “Chris” J. DePizzo have joined the firm’s New York office as partners in the Corporate, M&A, and Securities group. They bring extensive experience representing businesses and... Read Story

BlackRock has agreed to acquire Preqin, a leading independent provider of private markets data for £2.55 billion or approximately $3.2 billion in cash. Bringing together Preqin’s data and research tools with Aladdin’s complementary workflow... Read Story

Cresset Partners announced that its flagship private credit portfolio, Cresset Partners Private Credit Fund, LLC (CPCF), has surpassed $500 million in assets under management—a significant milestone. CPCF began investing in April of 2023 and is... Read Story

According to a Bloomberg report,  Antares Capital is looking to raise as much as $6 billion for its third senior loan fund.According to the Bloomberg report, the direct lender’s third fund has a target of $5 billion to $6 billion, though that figure... Read Story

Huntington Business Credit acting as administrative agent closed $70,000,000 in new credit facilities with financing partners Proterra Investment Partners and Farm Credit Services of America to support Stellex Capital Management’s acquisition of The... Read Story

MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity, structured capital, and alternative credit investments, closed its third opportunistic credit fund, MidOcean Tactical Credit Fund III (the... Read Story

InTandem Capital Partners, a middle-market private equity firm focused exclusively on healthcare services, announced the final closing of InTandem Capital Partners Fund III, LP, with $715 million in total capital commitments. Fund III closed above... Read Story

Ares Commercial Finance (“ACF”) announced it is marking 10 years as the commercial finance platform of Ares Management. The evolution of the platform began with the acquisition of Keltic Financial Services, LLC in 2014 and was further augmented with... Read Story

Principal Asset Management launched the Principal Private Credit Fund I, offering exposure to lower and core middle market loans, with immediate access to these direct lending investments. The fund will target 90% plus exposure to private credit and... Read Story

Nassau Financial Group (“Nassau”), a provider of fixed annuities and asset management, and Golub Capital, a direct lender and experienced credit asset manager, have signed a definitive agreement to enter into a strategic partnership. As part of this... Read Story

Clarus Capital announced that veteran leverage finance executive Patrick McAuliffe has joined its Sponsor Coverage effort. McAuliffe brings decades of sponsor finance experience to Clarus, having led sponsor coverage efforts and as a member of the... Read Story

Wiggin and Dana announced it will open an office in Boston in June, formalizing its long-time presence in a key market for clients in industries including life sciences, technology, healthcare, financial services, and aerospace and defense. The... Read Story

Churchill Asset Management and Dawson Partners announced the closing of a $425 million transaction.The transaction, solely financed by Dawson vehicles, served as an alternative solution to a traditional secondary sale, delivering liquidity to... Read Story

NXT Capital provided a senior credit facility to support Shoreline Equity Partners’ refinancing of Engelman’s Bakery. NXT Capital acted as the Administrative Agent, Sole Bookrunner, and Sole Lead Arranger on this transaction.“We are pleased to close... Read Story

Benefit Street Partners announced the final close of BSP Special Situations Fund II and its affiliated vehicles (“Fund II”) which were oversubscribed with approximately $850 million in capital commitments. Fund II will seek to continue the investment... Read Story

First Citizens Wealth launched new enhancements to its Private Investments capabilities that enable qualified clients to invest in growth-oriented opportunities outside of the traditional public securities markets.These new private investments... Read Story

Audax Private Debt was the sole Mezzanine Notes provider to support Tailwind Capital in their acquisition of GrayMatter, an industrial automation services and consulting company focused on helping customers across a variety of end markets optimize... Read Story

Trinity Capital announced the expansion of its business with the addition of a new Sponsor Finance vertical. This strategic expansion naturally extends the Company's established expertise in providing direct lending solutions to sponsor-backed... Read Story

Colbeck Capital Management announced that Jared Talisman has joined the firm as a Managing Director and Head of Originations. Talisman most recently served as a Managing Director at Principal Alternative Credit, where he led and managed the sourcing... Read Story

Ares Management Corporation announced that funds managed by its Credit Group closed approximately $9.3 billion in U.S. direct lending commitments across 71 transactions during the first quarter of 2024 and approximately $29.6 billion in direct... Read Story

Golub Capital announced the final close of its sixth credit opportunities fund, GEMS Fund 6, L.P. (“the Fund” or “Fund 6”), with $2 billion of investable capital.Fund 6 is the largest Golub Capital Credit Opportunities fund to-date. Commitments were... Read Story

The private equity industry is showing resilience and optimism for 2024 despite shifting market dynamics, according to the S&P Global Market Intelligence 2024 Private Equity and Venture Capital Outlook. According to the outlook, private equity... Read Story

Golub Capital announced the launch of its Insurance Solutions team, a group of dedicated insurance and asset management professionals who will expand the way the Firm works with insurance company partners. Jennifer Potenta has joined the Firm to lead... Read Story

Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. by private equity sponsor Wind Point Partners. Headquartered in Fort Worth, TX, MOREgroup is a family of leading... Read Story

Hercules Capital is celebrating its 20th year of originations activity by reaching the $20.0 billion milestone in total debt commitments.Founded in December 2003, and originating its first deal in 2004, the Company’s mission was simple: Provide... Read Story

Ares Management Corporation announced that Ares Management funds (“Ares”) have acquired an interest in a portfolio of Limited Partner stakes (the “Portfolio”) from a leading institutional investor. The Portfolio comprises investments that are... Read Story

BHI issued a $40 million capital call line facility to Northwind Debt Fund II, a closed ended CRE debt fund managed by Northwind Group, a real estate private equity firm that has transacted on over $4 billion worth of debt and equity investments in... Read Story

Citizens M&A Advisory served as the exclusive financial advisor to United Air Temp on its sale to Littlejohn & Co., LLC. United, previously a portfolio company of Charlotte, N.C.-based middle-market private equity firm Summit Park, is a leading... Read Story

Private equity entered 2024 ready to shop, and a study released by Citizens reveals many business leaders may be open to making a deal.Nearly three quarters (72%) of small- and mid-size businesses in the U.S. view the private equity industry as a... Read Story

Leste Group, a global alternative investment manager, announced the appointment of four executives to its senior team to support the firm’s growing North America private equity and real estate credit strategies.“Leste is continuing to prove itself as... Read Story

KeyCorp announced a forward flow origination partnership with Blackstone Credit & Insurance focused on Key's Specialty Finance Lending (SFL) group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital... Read Story

Comvest Partners announced the final close of its sixth flagship private equity fund, Comvest Investment Partners VI, L.P. (“CIP VI”, or the “Fund”), with total capital commitments of $881 million.“We appreciate the strong reception CIP VI received... Read Story

In a recently posted Bloomberg Intelligence Credit Edge podcast, Bruce Richards, CEO and Chairman of Marathon Asset Management says asset-based lending is set to expand over the next 10 years at the same strong pace as private credit. Listen to the... Read Story

Cambridge Wilkinson announced the spin out and full support of an affiliate, BCB Equity Partners, an independent private equity firm which will pursue control and buyout transactions in the lower middle market. The geographic focus of BCB will be... Read Story

Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company, announced that Blackstone has provided an initial $600 million senior secured credit facility to support the development of Aligned’s newest... Read Story

GoldenTree Asset Management, a global asset management firm with over $53 billion in assets under management, announced the closing of its Private Credit Fund.GoldenTree’s Private Credit Fund (the “Fund”) secured commitments of over $1.35 billion... Read Story

Comvest Credit Partners is acting as Administrative Agent and is the Sole Lender on a senior secured credit facility for Billhighway, a Troy, Mich.-based provider of finance management technology solutions for fraternal organizations and associations... Read Story

BlackRock TCP Capital Corp. and BlackRock Capital Investment Corporation announced that the shareholders of each business development company (“BDC”) have voted to approve the necessary proposals related to the merger of TCPC and BCIC at each company... Read Story

Dechert announced the addition of Brian Miner as a partner in its corporate and securities practice group, further bolstering the firm’s capabilities in middle market private equity and M&A. Mr. Miner will be based in the firm’s New York office.Miner... Read Story

Ares Management Corporation announced that its Special Opportunities strategy, currently a business within its Private Equity Group, will be joining the firm’s Credit Group and will be named Opportunistic Credit. Moving the strategy to the Credit... Read Story

Lafayette Square, a national investment platform, provided financing to support the growth of Marshall & Stevens. Marshall & Stevens is a leading provider of independent valuation and advisory services, providing multi-disciplinary solutions for... Read Story

U.S. Bank has launched a new division dedicated to serving private capital firms and global asset managers.The Private Capital and Global Asset Management division brings together all parts of the bank that currently serve more than 200 private... Read Story

Liquidity Group, a global $2.5B AUM asset manager specializing in growth-stage private credit, added three executives to lead its newly formed Financial Institutions Group (FIG). Reggie Mills, Robert Amato and Sonia Peterson now hold roles as Head of... Read Story

Truist Financial Corporation reached a definitive agreement to sell its remaining stake in Truist Insurance Holdings ("TIH"), a subsidiary of Truist and the fifth largest insurance brokerage in the United States, to an investor group led by private... Read Story

Comvest Partners, an operationally-focused middle-market private investment firm, completed a new growth capital investment in ClearOne Advantage, LLC, a Baltimore-based debt resolution services provider. Comvest has been a capital provider to... Read Story

Bain Capital Credit announced that the firm’s Private Credit Group invested approximately $2 billion to support the growth of middle market and private equity-backed companies in 2023.Bain Capital Credit’s Private Credit Group invested in 58... Read Story

Ares Management Corporation announced that funds managed by its Credit Group closed approximately $10.1 billion in U.S. direct lending commitments across 78 transactions during the fourth quarter of 2023 and approximately $22.4 billion in direct... Read Story

Alvarez & Marsal (A&M) announced the appointment of Dallas-based Jon Eilertsen as a CFO Services practice Managing Director within its Private Equity Performance Improvement Group (PEPI) group. In alignment with A&M’s CFO Services offering, Mr.... Read Story

Trinity Hunt Partners announced the closing of Trinity Hunt Partners VII at its hard cap of $700 million in capital commitments. Fund VII was oversubscribed, with fundraising completed in less than five months. The Fund’s diverse investor base... Read Story

White Oak Global Advisors announced that, along with its Financing Affiliates (collectively “White Oak”), it deployed $1.1 billion in capital in 2023. "Last year marked a significant increase in the demand for our flexible financing solutions... Read Story

Carlyle closed a $750 million senior secured debt financing for The Parking Spot, the largest near-airport parking company in the United States. The facility will support the refinancing of existing debt associated with a subset of The Parking Spot’s... Read Story

Golub Capital acted as Administrative Agent and Sole Lead Arranger on a $2.11 billion unitranche facility to refinance Aptean’s existing first lien and second lien broadly syndicated loan facilities.Aptean is a leading global provider of mission... Read Story

Ares Management Corporation announced that Julie Solomon, Global Chief Operating Officer of Ares Real Estate, has been promoted to Co-Head of Real Estate alongside Bill Benjamin, current Head of Real Estate. Effective immediately, Solomon and... Read Story

Runway Growth Capital announced the findings from its third Venture Debt Review. Produced in partnership with Sage Outcomes, the survey gauges the current market perceptions of venture debt financing, and explores how the collapse of Silicon Valley... Read Story

Churchill Asset Management, an investment specialist of Nuveen, closed a $400 million middle market collateralized loan obligation ("CLO"), Churchill MMSLF CLO III, on January 24, 2024.The CLO was structured in connection with Churchill’s... Read Story

Aequum Capital Financial closed $7,100,000 in credit facilities to support Kepler Capital's acquisition of a dominant regional heavy-duty commercial vehicle towing company. The credit facilities included a working capital revolver, cash flow based... Read Story

FTI Consulting announced the findings of its 2024 Leveraged Loan Market Survey, which offers insight into bank and non-bank lenders’ perspectives on the U.S. loan industry and highlights expectations for leveraged credit market conditions in the year... Read Story

Golub Capital marked the start of its 30th anniversary year and reported key milestones achieved in 2023. The Firm raised a record $13.9 billion of new investment firepower and grew capital under management to over $65 billion, a new high. The Firm... Read Story

Thoma Bravo announced the completion of its strategic growth investment in BlueMatrix, a leading end-to-end content creation and distribution platform for investment research providers.Debt financing for the transaction was provided by Golub Capital.... Read Story

White & Case has expanded its Global Mergers & Acquisitions (M&A) Practice and Global Private Equity Industry Group with the addition of Taurie Zeitzer as a partner in New York. Zeitzer joins the Firm as Co-Head of its Global Private Equity Industry... Read Story

O2 Investment Partners announced the promotion of Sean Darin to Principal.Luke Plumpton announced the promotion of Darin: “I am very excited to announce the promotion of Sean [Darin] to Principal. Since joining as an Associate in 2016, Sean has been... Read Story

Vensure Employer Solutions, a leading provider of HR/HCM technology, managed services, and global business process outsourcing, announced that Stone Point Capital Markets, a division of Stone Point Capital, a private equity firm based in Greenwich... Read Story

Ampla, a leading provider of innovative financial solutions for consumer brands, closed a new $275 million credit facility with Citi and funds managed by Waterfall Asset Management. This brings the total capital raised by Ampla to over $600 million... Read Story

KBRA DLD, a division of KBRA Analytics, released its latest Monthly Insights & Outlook and Default Reports on the U.S. direct lending market. Highlights from the report are below:Defaults:The year-to-date (YTD) direct lending default rate rose to... Read Story

Kennedy Lewis Investment Management, a leading alternative credit manager, announced that it has launched a partnership with iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, which... Read Story

Falfurrias Management Partners closed its latest, oversubscribed lower middle-market private equity fund, Falfurrias Growth Partners I (FGP), at $400 million in investor commitments. FGP is the firm's first dedicated growth buyout fund. In addition... Read Story

Alvarez & Marsal announced the appointment of Los Angeles-based Arthur Mattousch as a Managing Director in its Private Equity Performance Improvement Group (PEPI). Mattousch's hire underscores A&M's continuous effort to enhance its strategic... Read Story

Golub Capital announced that it is one of the lead investors in Ruby Reinsurance Company (“Ruby Re”), a newly formed reinsurance sidecar vehicle sponsored by Reinsurance Group of America, Incorporated (“RGA”) that enhances RGA’s access to capital for... Read Story

Alternative asset management firm HarbourView Equity Partners amended its senior secured credit facility led by Fifth Third Bank. Under the amended facility, HarbourView’s capacity has increased by $100 million, up to $300 million. The firm will use... Read Story

Vibrant Capital Partners, a leading alternative credit investment manager with approximately US$8 billion in assets under management, announced the opening of its office at Abu Dhabi Global Market (“ADGM”), the international financial centre of the... Read Story

B. Riley Advisory Services, a leading provider of business advisory, appraisal and consulting services and subsidiary of B. Riley Financial announced the addition of Alistair Ross as a Senior Vice President, based in California.Ross is an experienced... Read Story

H.I.G. Capital announced that Jenny Nelson, Jennie Park, and Joe Tremblay have joined the firm’s Capital Formation Group. Jenny and Joe join as Managing Directors, based in California, and Jennie Park has joined as a Principal, based in New... Read Story

Churchill Asset Management and Arcmont Asset Management, the U.S. and European operating companies of Nuveen Private Capital, announced the appointment of Jamal Hammoud as Managing Director and Senior Investment Strategist. Hammoud will be... Read Story

Star Mountain Capital announced that Gregory Summe has joined as Senior Advisor.Summe has 30+ years of experience as an investor, operator and C-level executive with additional leadership experience through serving as a board member for multiple... Read Story

Whitehorse Liquidity Partners, a specialized investment manager focused on providing customized portfolio financing through structured liquidity solutions for private equity portfolios, is expanding its distribution capabilities with two new hires in... Read Story

Boathouse Capital has completed a growth investment in Ontraport, a leading CRM and marketing automation software provider for small and medium businesses.  Ontraport, based in Santa Barbara, CA offers a highly-acclaimed suite of font-office... Read Story

Pantheon announced the upcoming launch of the Pantheon Global Private Equity Fund (PGPE), the latest addition to the firm’s growing global private wealth platform. PGPE is an open-ended, evergreen fund that seeks to provide private and institutional... Read Story

Dechert, in partnership with Mergermarket, released their 6th annual Global Private Equity Outlook report. This latest edition of the report provides a comprehensive analysis of the private equity (PE) market, offering insights into the challenges... Read Story

Citizens M&A Advisory served as the exclusive financial advisor to ACU-Serve Corp. on its majority growth investment from Lovell Minnick Partners, a private equity firm focused on investments in financial services, business services and financial... Read Story

Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6... Read Story

Ares Management Corporation announced the final closing of Ares Pathfinder Fund II, L.P. and Ares Pathfinder Fund II (Offshore), L.P. (and together with parallel vehicles, “Pathfinder II” or the “Fund”) at $6.6 billion in commitments. The Fund was... Read Story

Bloomberg reported that Fortress Investment Group is targeting as much as $8 billion for its latest credit opportunities fund, focused on investing in areas ranging from distressed debt to structured credit, according to a person with knowledge of... Read Story

LongWater Opportunities, a lower middle market alternative asset manager, has launched a new dedicated private credit and capital solutions strategy focused on the lower-middle market. To drive the strategy, LongWater has hired a team of eight... Read Story

Rising real interest rates are pushing up the cost of commercial and industrial loans, making it harder for middle-market businesses to meet payrolls and finance their expansion, according to the RSM US Middle Market Business Index (MMBI) Funding... Read Story

CIBC Innovation Banking announced an upsized growth capital financing for DealMaker, a leading capital-raising technology platform. This funding will further fuel the company’s accelerated expansion across North America.DealMaker was founded in 2018... Read Story

Crayhill Capital Management announced the closing of a $50 million capital facility with E2M Ventures ("E2MV"), a real estate investment firm focused on middle market debt and equity.The facility is expressly designed to facilitate E2MV's ability to... Read Story

Clarus Capital hired Jake Skivington to join its sponsor origination effort. Skivington will be located in the firm’s New York office.Prior to joining Clarus, Skivington was a Managing Director on the Leveraged Finance team at Guggenheim Securities... Read Story

Chicago-based private equity firm, Sterling Partners, tapped Republic Business Credit to help support the continued growth of one of Sterling’s portfolio companies, Fancy Sprinkles. Republic provided an E-Commerce asset-based line of credit that... Read Story

Ridgemont Equity Partners, a middle market private equity firm, announced the following promotions: Michael Mandl to Principal, Tom Polak, Sam Poole, and Andrew Schultz to Vice President, Pete Thompson to Senior Associate, and John Chirokas to Chief... Read Story

Alvarez & Marsal (A&M) announced Managing Director Anil Kumar will head its Private Equity Performance Improvement (PEPI) Generative Artificial Intelligence (GenAI) practice. David McGraw and Chaz Henry will support Mr. Kumar as the GenAI practice’s... Read Story

Ares Management Corporation and Vinci Partners Investments Ltd. have reached an agreement to form a strategic partnership to accelerate the growth of Vinci's platform in Latin America and to collaborate on distribution, product development and other... Read Story

Phoenix American announced its new fund administration relationship with real estate debt fund sponsor Great Oak Funding. Phoenix American will support the Great Oak Funding Finance VII offering with the company’s industry-leading investor services... Read Story

HighVista Strategies, an alternative asset manager investing in private and public markets, announced the completion of its acquisition of the U.S. private markets business of abrdn Inc. (“abrdn”), abrdn plc’s US subsidiary, including the U.S.... Read Story

Alterna Equity Partners (“AEP”), a South Florida-based lower middle market private equity firm, announced the 100% sale of one of its portfolio companies, Alterna Capital Solutions, LLC (“ACS”) to Paychex, Inc. (“Paychex”). The sale of ACS represents... Read Story

For the second consecutive year, H.I.G. Growth Partners was named one of the Top Private Equity Firms of 2023 by GrowthCap, an advisory firm specializing in growth capital. The award further establishes the firm’s place as a leading growth equity... Read Story

Barclays announced the appointment of Christian Oberle as Head of Americas Financial Sponsors Group. Mr. Oberle will be based in New York and report to Jean-Francois Astier, Global Head of Financial Sponsors Group. Mr. Oberle has close to 20 years of... Read Story

Blackstone announced the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone’s fastest-growing segment – more... Read Story

Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, reached its fundraising target for Monomoy Credit Opportunities Fund II (MCOF II) with $300 million in total commitments. The... Read Story

Continuing its strong reputation for being a preferred ABL partner for sponsor-backed transactions, GBC has strengthened its relationship with a private equity group that acquired a leading North American supplement manufacturer.GBC provided Lion... Read Story

Kainos Capital ("Kainos"), a food and consumer-focused private equity firm, announced today that Catherine Anne Prideaux has returned to the firm as a Vice President. Ms. Prideaux first joined Kainos in 2018 and served as an Associate and Senior... Read Story

Wells Fargo announced that Malcolm Price has joined the Corporate & Investment Bank (CIB) as head of Financial Sponsors. He will jointly report to Tim O’Hara, head of Banking, and Scott Warrender, head of Coverage in Banking. Price joins Wells Fargo... Read Story

White Oak ABL, White Oak Commercial Finance, and other funds and accounts managed by White Oak Global Advisors, closed a new $70 million commitment in a $225 million ABL credit facility to a leading private-equity owned home textile supplier... Read Story

Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $4.1 billion in U.S. direct lending commitments across 51 transactions during the second quarter of 2023 and approximately $20.2... Read Story

Alvarez & Marsal (A&M) announced that Mark Dorn will join the firm’s Private Equity Performance Improvement (PEPI) practice as a Senior Director focused on private equity (PE) and corporate clients within the Aerospace, Defense, Aviation & Space... Read Story

O2 Investment Partners announced the promotions of Andrew Faubel to Vice President, Sam Wegenke to Senior Associate and William Laffrey to Senior Associate.Luke Plumpton announced the promotions of Faubel, Wegenke and Laffrey: “I am very excited to... Read Story

Alvarez & Marsal (A&M) announced the appointment of Mike Oakley as a Managing Director in the Private Equity Performance Improvement (PEPI) practice with a specialization in Aerospace, Defense, Aviation and Space (ADAS). Based in Miami, Oakley’s... Read Story

Carlyle closed a $175 million term loan to New Regency, a leading independent, founder-owned global entertainment company that creates and distributes film, television and documentary content across all platforms. This loan is a refinancing and... Read Story

Ares Management Corporation announced that Ares has entered into a definitive agreement to acquire 100 percent of Crescent Point Capital (“CPC”), a leading Asia-focused private equity firm with approximately $3.8 billion of assets under management... Read Story

PGIM Private Capital provided nearly $6.7 billion of senior debt and junior capital to more than 120 middle-market companies and projects globally in the first half of 2023. PGIM Private Capital is a source of private debt for public and private... Read Story

May River Capital, a Chicago-based private equity investment firm, has raised its third fund, May River Capital Fund III, LP (“Fund III” or the “Fund”).  Fund III closed on its hard cap of $500 million in limited partner commitments, exceeding the... Read Story

Since its launch in late 2022, Capteris has quickly established itself as an attractive alternative provider of equipment finance solutions. Most notably, within the financial sponsor segment, Capteris has committed nearly $150MM to portfolio... Read Story

Mitsubishi UFJ Financial Group announced the expansion of its Sponsor Coverage effort with the hiring of Pam Bruno as Managing Director.Bruno will be responsible for covering Private Equity Financial Sponsors for the bank. Based in New York, Bruno... Read Story

Grant Thornton is expanding its private equity capabilities by hiring Bill McManus and Alex Arata to lead the firm’s Value Creation Planning services offering. In these roles, McManus and Arata will provide Grant Thornton’s private equity clients and... Read Story

Carlyle announced that John Redett will become the firm’s Chief Financial Officer and Head of Corporate Strategy, effective October 1, 2023. Redett succeeds Curt Buser, Chief Financial Officer at Carlyle since 2014, who has decided to retire from the... Read Story

SSG Capital Advisors acted as the investment banker to Unicon Acquisition, Inc. in the sale of substantially all of its assets to a private equity buyer. The transaction was effectuated through a sale of the senior secured debt and a subsequent... Read Story

Dwight Funding continued the expansion of its client roster, including the addition of three high-profile, private-equity backed consumer brands. The recent transactions represent the varying product categories, company sizes, and capital needs... Read Story

Brightwood Capital Advisors, a middle market private credit firm, announced that it deployed nearly $2 billion of capital to 35 new borrowers, in fiscal year 2022.This volume of investment activity was spurred by asset growth across Brightwood’s... Read Story

MidCap Financial provided a $44 million senior secured credit facility to AleraCare Intermediate, LLC (“AleraCare”). Proceeds from the MidCap Financial credit facility were used to support Hildred Capital Management’s (“Hildred”) acquisition of the... Read Story

Citizens M&A Advisory served as the exclusive financial advisor to Palmdale Oil Company, Inc. on its strategic growth investment from First Reserve, a leading global private equity investment firm exclusively focused on investing across diversified... Read Story

Dayan Rosen, a skilled deal lawyer with experience advising lenders and private equity clients in acquisition financings, has joined McGuireWoods as a partner in downtown Los Angeles.Rosen represents financial institutions, private equity firms and... Read Story

Runway Growth Finance announced the expansion of its existing revolving credit facility with an increase in aggregate commitments to $500 million from KeyBank Specialty Finance, CIBC Bank USA and other lenders.Borrowings under the Credit Facility... Read Story

Gibraltar Business Capital has carved a name for itself as the preferred ABL partner of private equity by delivering fast and flexible asset-based lines of credit to sponsor-backed companies who need it most—helping portfolio companies grow.A private... Read Story

Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Medusind by private equity sponsor Alpine Investors.Founded in 2002 and based in Miami, Florida, Medusind is... Read Story

Encina Private Credit served as Joint Lead Arranger and Joint Bookrunner for a $155 million senior secured credit facility supporting a global technology focused private equity firm for the acquisition of a leading provider of cloud-based enterprise... Read Story

Bain Capital Credit closed a senior secured unitranche credit facility provided by Bain Capital and Credit funds managed by Ares Management (“Ares”) to support the refinancing and growth of Pyramid Global Hospitality (“Pyramid”), a portfolio company... Read Story

Oaktree Capital Management announced the launch of private credit-focused Oaktree Lending Partners and its related vehicles (OLP). OLP is targeting $10 billion in equity commitments from institutional investors.OLP will seek to originate senior... Read Story

King Trade Capital completed a $9,000,000.00 purchase order finance facility for a private equity backed athleisurewear company. The 20-year-old company, was acquired in 2020 by a private equity investor expanding its’ active lifestyle inspired... Read Story

BlueCove Limited, the London-based scientific fixed income manager, and Ares Management Corporation, a leading global alternative investment manager,  have reached an agreement under which Ares will acquire a minority equity stake in BlueCove with... Read Story

Rainier Partners, a private equity firm investing in lower middle-market services businesses, completed fundraising for Rainier Partners Fund I at its hard cap of $300 million, in excess of its $250 million target. The fund’s limited partners include... Read Story

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the strategic investment and continued growth of Spectrum Science (“Spectrum”) by private equity sponsor Knox Lane.  Based in... Read Story

Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $8.3 billion in U.S. direct lending commitments across 50 transactions during the fourth quarter of 2022 and approximately $26.4... Read Story

Summit Partners, a leading alternative investment firm, announced the promotion of 14 professionals across the firm’s global offices. Scott Ferguson, Paul Furer, Mark Nordstrom, Dayton Ogden and Sophia Popova have been promoted to Partner; Chris Bon... Read Story

Audax Strategic Capital (ASC), a provider of mid-hold capital solutions that enable private equity sponsors to continue investing in expanding middle market companies, announced recent additions to its growing team that reflect ongoing momentum since... Read Story

Citizens M&A Advisory served as the financial advisor to Eagle Merchant Partners on its acquisition of Eskola Roofing & Waterproofing, a leading provider of commercial roofing and waterproofing services.Eagle Merchant Partners is an Atlanta-based... Read Story

HarbourView Equity Partners received a $200 million senior secured credit facility with proceeds earmarked to acquire music royalty assets and for general corporate purposes. Fifth Third Bank acted as lead arranger, sole bookrunner and administrative... Read Story

Ares Capital Corporation announced that Jana Markowicz was appointed as its Chief Operating Officer (COO). In this newly created role, Ms. Markowicz will also serve as COO of Ares Management’s (“Ares”) U.S. Direct Lending strategy where she will... Read Story

Audax Private Debt, a leading provider of financing solutions for middle market private equity sponsors, successfully closed Audax Direct Lending Solutions Fund II, LP (“DLS Fund II”) with $3.0 billion of capital commitments. The new fund, which... Read Story

Churchill Asset Management announced its 2022 investment and capital raising activity, notable firm highlights and company-wide promotions. Despite the challenging economic environment, Churchill experienced strong growth across its leading private... Read Story

Ares Management Corporation announced the final closing of its Infrastructure Debt Fund V (“IDF V”), which is focused on making subordinated investments across the digital, utilities, renewables, energy and transportation sectors. IDF V held its... Read Story

Seaside Equity Partners closed its second private equity investment fund, Seaside Equity Partners II, L.P. (“Seaside Fund II”). Seaside began fundraising in September 2022 with an initial target of $225 million. With the support from our existing... Read Story

Morrison Foerster announced that Steven Tran has joined the firm as a partner in its Private Equity and Mergers & Acquisitions Groups in Singapore. His arrival further strengthens and deepens the firm’s Asia and global private equity offerings.... Read Story

Wilmington Trust, a leader in wealth management and corporate and institutional services and a wholly-owned subsidiary of M&T Bank Corporation, announced an agreement with Madison Dearborn Partners, LLC ("MDP"), a leading private equity firm based in... Read Story

Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, announced the simultaneous closings of Sentinel Capital Partners VII, LP at $4.3 billion and Sentinel Junior Capital II, LP at $835 million. These twin... Read Story

LBC Credit Partners provided senior secured credit facilities to support Comvest Partners' ("Comvest") investment in GAI Consultants Inc., ("GAI") in partnership with the leadership team and existing employee-owners.LBC served as Administrative Agent... Read Story

Stonebriar Commercial Finance closed a $75 million sale and leaseback of beverage production and packaging equipment for a market-leading co-manufacturer of high-growth beverages in the U.S. The lease proceeds will be used to support the lessee’s... Read Story

Raven Capital Management ("Raven"), an alternative investment management firm, announced the successful completion of the fundraising of Raven Asset-Based Credit Fund II LP and related vehicles, raising total investible capital of $834 million. In... Read Story

Leading global professional services firm Alvarez & Marsal (A&M) appointed Atlanta-based Chris Lanman as a Managing Director in the firm’s Private Equity Performance Improvement (PEPI) practice. Mr. Lanman joins A&M from KPMG and brings more than 25... Read Story

Ares Capital Corporation announced that it plans to make a public offering of 8,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The... Read Story

Catalio Capital Management announced the successful close of its inaugural special situations fund, Catalio Credit Opportunities Fund I (the “Fund”) with over $85 million in commitments from new and existing institutional investors globally... Read Story

Citizens M&A Advisory served as the exclusive financial advisor to Unified Health Services on its strategic growth investment from Reynolda Equity Partners, a private equity firm exclusively focused on supporting the capital needs of private... Read Story

Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $5.7 billion in U.S. direct lending commitments across 45 transactions during the third quarter of 2022 and approximately $32... Read Story

Ares Capital Corporation announced that Kort Schnabel was appointed as Co-President. Concurrently, Michael Smith stepped down as Co-President and has been appointed to the Ares Capital Board of Directors. Mr. Smith will continue to serve as a member... Read Story

LBC Credit Partners and Sound Point Capital, two of the leading providers of financing solutions to middle market companies, provided a $180 million senior secured credit facility to Greenbelt Capital Partners to support the acquisition of Unirac... Read Story

Ares Management Corporation announced the final closing of its Ares Special Opportunities Fund II, L.P. (together with Ares Special Opportunities Fund II (Jersey), L.P. and each of their parallel vehicles, “ASOF II”). With strong global investor... Read Story

Clifford Chance has advised BlackRock in connection with a US$150 million term loan facility for Puttshack, a tech-infused mini golf entertainment venue. The proceeds of the loan will support Puttshack's rapid growth strategy in the United States as... Read Story

Ares Management announced that it held the final closing of its Ares U.S. Real Estate Fund X, L.P. (“U.S. X” or the “Fund”) on September 30, 2022. U.S. X was oversubscribed with $1.8 billion of commitments relative to its $1.5 billion target and is... Read Story

Enhanced Healthcare Partners (“EHP”), a premier healthcare-focused private equity firm, announced the naming of David Prendergast to Principal, Head of Business Development.David Prendergast joined EHP in the fall of 2019 to lead the firm’s business... Read Story

Benefit Street Partners (“BSP”) and its parent company Franklin Templeton announced the launch of Franklin BSP Private Credit Fund (FBSPX). The fund takes a multi-strategy approach to investing in US middle market private credit, seeking to generate... Read Story

Wafra Inc. (“Wafra”), a global alternative investment manager, announced that funds managed by Wafra have acquired a strategic minority ownership interest in Oak Hill Capital Partners (“Oak Hill” or “OHCP”), a middle-market private equity buyout firm... Read Story

Audax Private Debt, as Administrative Agent and Sole Lead Arranger, provided a unitranche credit facility to support the acquisition of MediaRadar by Thompson Street Capital Partners, a St. Louis-based private equity firm.Founded in 2006 and... Read Story

Stifel Financial Corp. and Korea Investment & Securities Co., Ltd. (KIS), a subsidiary of Korea Investment Holdings, announced the formation of a substantial leveraged lending joint venture, SF Credit Partners.Concurrently, Stifel and KIS have... Read Story

H.I.G. Capital announced that Managing Directors Michael Mestel and Steven Schwartz have been promoted to Co-Heads of H.I.G. Realty Credit Partners. H.I.G. Realty Credit Partners has originated over $3 billion of loans in 33 investments since its... Read Story

TA Associates (“TA”), a leading global growth private equity firm, announced the expansion of its leadership team with the appointments of Jennifer Barbetta as Chief Operating Officer, Lori Stachelski as Chief Talent Officer and Darlene Karis as... Read Story

HarbourVest Partners, a global private markets investment specialist, announced the final close of its twelfth flagship US fund, HarbourVest Fund XII, which closed above its $2.0 billion target at over $3.0 billion, including the General Partner... Read Story

TA Associates (“TA”), a leading global growth private equity firm, announced the completion of its fundraising for TA Debt Fund V (“the Fund”) with total commitments of more than $1.1 billion. Launched in 2022, TA Debt Fund V quickly exceeded its... Read Story

KBRA Analytics, an affiliate of Kroll Bond Rating Agency, has acquired Direct Lending Deals (DLD), a digital information service that provides investors and originators with the latest deal data, news, and analysis in direct lending. The deal, which... Read Story

HCAP Partners, a California-based private equity firm and nationally recognized impact investor, announced the final close of its second SBIC fund, HCAP Partners V, L.P. ("Fund"). The Fund was oversubscribed with total commitments of $353 million... Read Story

Citizens provided a $50 million credit facility to Charlotte, N.C.-based Crosslake Technologies. Citizens is Left Lead Arranger and Administrative Agent. The credit facility consists of a $25 million revolving line of credit and a $25 million term... Read Story

Churchill Asset Management, an investment-specialist of Nuveen which provides customized financing solutions to private equity firms and their portfolio companies, announced that Carol Loundon has been appointed Deputy Chief Risk Officer.In this role... Read Story

Waterfall Asset Management announced the promotion of both Leo Wong and Keerthi Raghavan to Partner from Managing Director.Wong and Raghavan are based in the firm's New York office and join the six current Partners at the firm. Their promotions... Read Story

H.I.G. Capital announced that Benjamin Charon has joined the firm’s Capital Formation Group as a Managing Director, based in H.I.G.’s New York office.Charon will be responsible for business development and capital raising across H.I.G.’s global... Read Story

Thoma Bravo announced that it will be expanding its presence internationally with the opening of an office in London. Thoma Bravo's London office will join the firm's existing offices in San Francisco, Chicago and Miami, each of which have recently... Read Story

CenterOak Partners, a Dallas-based private equity firm, announced that Mark Langer has joined the firm as a Managing Director. Langer brings twenty years of middle market transaction experience to CenterOak and joins a team of now 24 professionals.... Read Story

Thompson Street Capital Partners (“TSCP”), a private equity firm focused on investing in founder-led middle market businesses, cloed its sixth committed capital investment fund, Thompson Street Capital Partners VI LP (“TSCP VI” or the “Fund”). The... Read Story

Mitsubishi UFJ Financial Group (MUFG) announced the formation of a Direct Lending group that will focus on providing loans to the bank's private equity sponsor clients to support their portfolio company LBO and recapitalization transactions.  The... Read Story

H.I.G. Capital announced that Carlos Soto has joined the firm as a Managing Director and Head of U.S. Private Equity Business Development.Soto will be responsible for leading the business development and transaction origination efforts for all of H.I... Read Story

Global investment firm The Carlyle Group announced changes in its executive leadership team. With Chief Executive Officer Kewsong Lee’s five-year employment agreement coming to a close at the end of 2022, both the Company’s Board of Directors and Mr.... Read Story

StepStone Group, a global private markets investment firm, announced the final closing of StepStone Capital Partners Fund V (“SCP V” or “the Fund”), its fifth dedicated co-investment fund, raising $2.36 billion of commitments.Through SCP V, StepStone... Read Story

J.C. Flowers & Co. completed fundraising for its fifth private equity fund, J.C. Flowers V L.P. (together with parallel vehicles, "JCF V"), with more than $1.1 billion in commitments.Limited partners in JCF V represent a diverse group of corporate... Read Story

J.P. Morgan Global Alternatives announced the hire of two seasoned executives to enhance the firm's capabilities in private credit and private equity secondaries.Andrew Carter joins J.P. Morgan Alternative Asset Management as Head of Private Credit... Read Story

Eos Energy Enterprises, a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, closed an $85 million senior secured term loan facility with Atlas Credit Partners (“ACP”).“We are excited to partner with ACP... Read Story

Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $5.9 billion in U.S. direct lending commitments across 58 transactions during the second quarter of 2022 and approximately $31.8... Read Story

The Global M&A Network announced the winners of the 14th Annual Turnaround Atlas Awards, naming national interim management and advisory firm SierraConstellation Partners (“SCP”) as the winner of “Private Equity Deal of the Year” for their work with... Read Story

White Oak Global Advisors acted as the lead arranger for a $130 million senior secured term loan to Trecora Resources ("Trecora"), a Texas-based provider of petrochemicals, petrochemical manufacturing products and specialty waxes. Proceeds from the... Read Story

Oaktree and 17Capital announced the completion of Oaktree’s acquisition of a majority interest in 17Capital, as previously announced on March 9, 2022. 17Capital specializes in providing non-dilutive capital to high-quality private equity management... Read Story

NXT Capital closed a senior credit facility in support of Tenex Capital’s acquisition of Oliver Inc. NXT Capital acted as the Administrative Agent, Joint Lead Arranger, and Joint Bookrunner on this transaction.“We are pleased to work with the NXT... Read Story

Varagon Capital Partners announced that funds managed by Goldman Sachs Asset Management have made a strategic preferred equity investment in an affiliate of the Firm. The strategic partnership is expected to support the growth of Varagon’s lending... Read Story

Atalaya Capital Management announced that Elm Park Capital's experienced team of credit investment professionals will join Atalaya in the new Atalaya Crescent office, located in the financial center of Dallas. The Elm Park team will strengthen... Read Story

LBC Credit Partners provided a senior secured credit facility to Aterian Investment Partners to support the acquisition of ATCO Industries, Inc.LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.ATCO was family-founded... Read Story

MidOcean Partners, a New York–based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced that Erik Oken, former Global Chairman of Investment Banking at JP Morgan, has joined the firm as... Read Story

Vida Capital, a portfolio company of RedBird Capital Partners and Reverence Capital Partners, announced that Jeffrey Zinn has joined the firm as Managing Director, Private Credit. Zinn will be based in New York and report to David Gussmann, Senior... Read Story

Deerpath Capital Management announced the closing of Deerpath CLO 2022-1, a $375 million collateralized loan obligation (CLO).Deerpath CLO 2022-1 represents the fifth CLO issued by Deerpath since 2018 and brings the firm's total CLO assets under... Read Story

White Oak Global Advisors provided a $21.3 million senior credit facility to Omni Recycling (“Omni”), a leading single-stream recycling and waste disposal company. The transaction supported Salt Creek Capital’s (“Salt Creek”) acquisition of the... Read Story

Spouting Rock Asset Management, a multi-boutique manager platform providing investment solutions and services, announced Marc Brookman, an industry veteran with more than 30 years of experience, is joining the firm as Chief Executive Officer. As part... Read Story

StepStone Group, a global private markets investment firm, announced the final closing of StepStone Senior Corporate Lending II (“SCL II” or “the Fund”), raising over $1.3 billion of commitments, surpassing its target of $1 billion.  Through SCL II... Read Story

Churchill Asset Management announced that Jason Quinn has joined the firm as Managing Director, Origination. Quinn will be responsible for strategically developing and maintaining private equity sponsor relationships and sourcing senior lending... Read Story

Fourshore Partners announced its acquisition of Celtic Capital Corporation.With an appetite for the more complex transactions, Celtic Capital has a history of success in crafting creative, flexible financing solutions with no financial covenants. As... Read Story

Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $5.0 billion in U.S. direct lending commitments across 54 transactions during the first quarter of 2022 and approximately $35... Read Story

Ares Management Corporation announced that its subsidiary, Ares Capital Management LLC, has entered into a definitive agreement to acquire, on behalf of funds managed by the Ares Credit Group, the Middle Market Lending portfolio (the “Portfolio”)... Read Story

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization and future growth of Dealer Services Network (“DSN”) by private equity sponsor Frontenac.Based in Deerfield... Read Story

KKR announced the final closing of KKR North America Fund XIII (“NAX3” or the “Fund”), an over-subscribed $19 billion fund focused on pursuing opportunistic private equity investments in North America. KKR will be investing $2.0 billion of capital in... Read Story

Alvarez & Marsal (A&M) appointed Randy Fike, as a Managing Director with its Private Equity Performance Improvement (PEPI) practice. Fike’s joining reinforces A&M’s ability to help private equity (PE) clients protect their investment thesis, on... Read Story

DLA Piper continues to make substantial investments in its globally recognized Private Equity practice with the addition of lateral partners Harris Eisenberg, Alex Plakas, Nathan Wilda and Drew Rosenberry, along with several other partners and... Read Story

Summit Park, a Charlotte-based lower middle market private equity firm, announced recent promotions at the firm.Jason Carlock, Drew Gilbert, Rachel Hannon, and Mike York have all been promoted to Partner. Chris Cotton has been promoted to Financial... Read Story

Pemberton, an alternative credit specialist, announced the appointment of Thomas Doyle to lead a new NAV (Net Asset Value) financing strategy.  Thomas brings over 25 years of experience in the banking and private debt sectors, where he has been a... Read Story

Ares Management Corporation announced the launch of Ares Private Markets Fund (the “Fund”), a new registered, continuously offered, non-traded, closed-end fund that intends to invest in an actively managed portfolio of private equity and other... Read Story

Ares Commercial Finance provided a senior secured credit facility to MFG Chemical, LLC, a portfolio company of Platte River Equity. The credit facility consists of an asset based revolving line of credit and a term loan. Proceeds of the credit... Read Story

MidOcean Partners, a New York-based alternative asset manager specializing in alternative credit investments and middle-market private equity, announced that Joseph Rotondo, Senior Portfolio Manager for Invesco’s Global Senior Loan group, will be... Read Story

Arena Investors and Encina Lender Finance (“ELF”) closed a $300 million credit facility (which includes an accordion feature) for Arena’s Corporate Private Credit business segment, which provides capital to privately-held companies.Arena has a track... Read Story

GHK Capital Partners, a leading middle-market private equity firm, announced the final closing of GHK Fund I (the “Fund”). GHK accepted $410 million in aggregate capital commitments, exceeding its initial target of $350 million and surpassing its... Read Story

Brightwood Capital Advisors, a private credit firm focused on providing capital to growing North American middle market businesses, completed another very strong investment year in 2021, one of its most active investment periods in the firm's 12-year... Read Story

GTCR, a leading private equity firm founded in 1980, made a number of leadership appointments to further support its growth. Several experienced and long-tenured members of the firm have been appointed to assume additional responsibility leading the... Read Story

LBC Credit Partners provided a senior secured credit facility to support O2 Investment Partners’ investment in BerlinRosen.BerlinRosen is a fast-growing, full-service communications firm with more than 270 communications and campaign strategists in... Read Story

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Norwood Sawmills by private equity sponsor, GreyLion.Based in Ontario, Canada, Norwood is a leading provider... Read Story

Ares Capital Corporation announced that Mary Beth Henson has joined its Board of Directors as an independent director. The Board has been expanded from nine to 10 members, including six independent directors.Ms. Henson served as Chief Financial... Read Story

Churchill Asset Management announced that Bennett (Ben) Love has joined the firm as Principal and Head of Fund Finance.In this newly created role, Love will be responsible for the development of Churchill’s overall leverage strategy, as well as the... Read Story

Monroe Capital announced record investment activity for 2021. The firm closed in excess of $6.3 billion in new financing commitments across 131 separate transactions. Monroe’s assets under management increased by 35% to $12.7 billion as of December... Read Story

Bain Capital Credit announced that the firm’s Private Credit Group invested $2.7 billion to support the growth of middle market and private equity-backed companies in 2021.Bain Capital Credit’s Private Credit Group invested in more than 100... Read Story

Boathouse Capital announced three promotions in 2022. Colin Raws has been promoted to Partner. Matt Carey and Matt Pulos have been elevated to Senior Associates. Colin Raws has been promoted to Partner, where he’ll start to play a larger role inside... Read Story

Ares Management Corporation announced that new financing commitments made across its U.S. direct lending strategies more than doubled to $33.4 billion in 2021. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed... Read Story

Northpoint Commercial Finance provided a $9.5 million senior secured revolving line of credit to support the acquisition of a food processor and distributor by a lower middle-market focused private equity firm.The Mid-Atlantic-based Company sells to... Read Story

Antares announced record 2021 performance supporting the growth and refinancing initiatives of new and existing borrowers within the healthcare and technology sectors.In 2021, Antares closed more than 90 transactions for middle market... Read Story

Root,  the parent company of Root Insurance Company, completed a new term loan facility with BlackRock Financial Management, on behalf of funds and accounts under its management, and its affiliates and co-investor. The five-year, $300 million term... Read Story

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Providence Care (“Providence”) by private equity sponsor, InTandem Capital. Founded in 2010 and headquartered... Read Story

Cerebro Capital, a commercial loan marketplace, announced the appointment of John Robinson and James Paterson as Managing Directors of Credit Origination. Together, Robinson and Paterson will source credit opportunities among private equity firms... Read Story

Ares Management Corporation announced that Philip Moore, Alessandro Luca and Anisa Dudhia have joined Ares to expand its real estate debt presence in Europe. These additions reflect a natural evolution of the Ares Real Estate Group’s 25-year track... Read Story

J.C. Flowers announced that banking industry veteran Louis Vachon has joined the firm as an Operating Partner, effective immediately.Most recently, Vachon was President and CEO of National Bank of Canada, based in Montreal, a position he held from... Read Story

Blackstone launched Blackstone Credit’s Sustainable Resources Platform focused on investing in and lending to renewable energy companies and those supporting the energy transition. Blackstone Credit is one of the world’s largest providers of private... Read Story

Another Broken Egg, an Orlando-based operator and franchisor of southern-inspired daytime cafes owned by an affiliate of The Beekman Group, a leading private equity firm, announced that it has closed on a New Senior Secured Term Loan Facility... Read Story

Middle-market companies and private-equity firms foresee an extremely strong year for the M&A market in 2022, with bullish forecasts for both deal volumes and for company valuations, according to a Citizens survey of 400 leaders at U.S. middle market... Read Story

MidOcean Partners announced that Jamil Nathoo is joining the firm as a Managing Director of MidOcean Credit. In this role, he will be responsible for expanding MidOcean’s institutional relationships and CLO platform. Mr. Nathoo recently served as... Read Story

Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, committed $3.5 billion to private equity sponsors in support of healthcare transactions last year, completing 60 healthcare transactions across 33 subsectors.... Read Story

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Spherix Global Insights by private equity sponsor Susquehanna Private Capital. Additionally, Monroe provided... Read Story

Spouting Rock Asset Management announced an agreement to merge with Old Hill Partners Inc. (Old Hill), an alternative asset manager focused on asset-based lending transactions with small- and medium-sized businesses. A newly formed subsidiary of... Read Story

Audax Private Debt announced that Bradley Patton has joined as a Managing Director and will be overseeing Capital Markets for the Private Debt Origination platform. Based in New York, Mr. Patton will be responsible for leading capital markets and... Read Story

Ares Commercial Finance (“ACF”) announced that it has led the financing of a $210 million senior secured cross-border revolving line of credit to MicroStar Logistics (“MicroStar”), a portfolio company of Freeman Spogli.  The credit facility provides... Read Story

Yieldstreet announced a new private equity strategy that offers retail investors the opportunity to gain exposure to direct equity investments in alternative asset managers.An alternative asset manager, such as a private equity firm, is itself a... Read Story

Audax Private Debt announced that, as Administrative Agent and Sole Arranger, it provided a unitranche credit facility to support the acquisition of PracticeTek by investment funds affiliated with Lightyear Capital, a New York-based private equity... Read Story

KBRA, a full-service global rating agency, entered a deal with leading growth-oriented private equity firm Parthenon Capital Partners who will acquire a majority stake in the company. KBRA is the largest global credit rating agency founded in the... Read Story

Transom Capital Group, a leading operations-focused middle market private equity firm, acquired Wolters Kluwer’s Legal & Regulatory U.S. Legal Education business, and the business has been renamed to Aspen Publishing (“Aspen” or the “Company”), a... Read Story

Golub Capital acted as Administrative Agent and Joint Lead Arranger on a $1 billion GOLD facility to finance the merger of 2020 Technologies ("2020") and Compusoft by Genstar Capital and TA Associates. GOLD financings are Golub Capital One-Loan Debt... Read Story

Hercules Capital announced that it, together with external funds managed by its adviser subsidiary, have originated more than a record $2.0 billion year-to-date in annual total gross debt and equity commitments, breaking its previous one-year record... Read Story

Antares is acting as administrative agent on senior secured credit facilities to support CVC Capital Partners Fund VIII’s (“CVC”) investment in CFGI. All existing shareholders are reinvesting in the transaction in partnership with CVC, including... Read Story

Spouting Rock Asset Management, a multi-boutique manager platform providing investment solutions and services, announced a joint venture with Bell Asset Management, an Australia-based global equities specialist manager.The strategic partnership will... Read Story

Bank of the West, part of BNP Paribas Group, led the financing for the acquisition of Ste. Michelle Wine Estates by the private equity firm Sycamore Partners Management (SPM). SPM purchased Ste. Michelle Wine Estates for $1.2 billion, making it the... Read Story

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, and Blackstone jointly announced a new partnership in which funds managed by Blackstone GP Stakes will acquire a minority ownership interest in Great Hill... Read Story

Turning Rock Partners, a New York-based private investment firm, is expanding its platform with key hires across the organization. Notably, TRP has hired Catherine Bonelli to be its new Chief Financial Officer (CFO). Bonelli brings more than 30 years... Read Story

NXT Capital closed a senior credit facility in support of Frontenac’s acquisition of EFC International. NXT Capital acted as the Administrative Agent and Sole Lead Arranger on this transaction.  EFC International, headquartered in St. Louis, is a... Read Story

Vibrant Capital Partners, a leading alternative credit investment manager, announced that it has bolstered its Structured Credit Investment and Business Development teams with two hires as the Firm continues to expand its investing, marketing, and... Read Story

Boathouse Capital announced the successful completion of Fund III. The firm remains focused on being a value-added growth partner to businesses within SaaS/software, technology-enabled services and healthcare IT/services."Our track record of success... Read Story

Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $7.2 billion in... Read Story

Private equity fund managers are accelerating deal timelines in an effort to win bids, and more than half say uncovering risk during due diligence is a main challenge to closing deals, according to BDO’s Fall 2021 Private Capital Pulse Survey.The... Read Story

Ares Management Corporation announced the formation of Ares Wealth Management Solutions (“WMS”). WMS will oversee the product development, distribution, marketing and client management activities across Ares’ investment offerings in the global wealth... Read Story

Simi Capital Group (SCG), a real estate investment firm focused on various equity and debt strategies, announced the $19 million acquisition of a Staten Island industrial property in partnership with Cerberus Capital Management, a global leader in... Read Story

Audax Private Debt, as Joint Lead Arranger and Bookrunner, provided a unitranche credit facility to support the acquisition of Genesee Scientific (“Genesee” or the “Company”) by LLR Partners, a Philadelphia-based private equity firm focused on... Read Story

Columbia Pacific Business Finance (CPBF), an evergreen fund providing direct financing to emerging growth and middle market companies, provided a $17 million term loan to Simpay, an independent sales organization specializing in merchant service... Read Story

New Mountain Capital, managing over $35 billion across private equity, credit, and net lease real estate, closed its latest direct lending fund, New Mountain Guardian III BDC, L.L.C. (the “Fund” or “Guardian III”) with approximately $1.15 billion of... Read Story

Ares Management Corporation announced the final closing of Ares Private Credit Solutions II (“APCS II” or the “Fund”). APCS II was oversubscribed with $5.1 billion of commitments compared to its $4.0 billion target and is approximately 50% larger... Read Story

Kian Capital Partners, a middle-market focused private investment firm, announced that Ulrich Erasmus has joined the firm as a Vice President to support the firm’s continued growth. Ulrich will be based in Charlotte and work closely with Kian... Read Story

Antares Capital announced that Timothy Lyne, founding partner and current Chief Operating Officer (COO), will succeed David Brackett as Chief Executive Officer (CEO). Brackett announced that he will be retiring from his role as CEO on December 31... Read Story

FrontWell Capital Partners (“FrontWell”), a private credit fund that provides transitionary senior debt financing to middle-market companies in the United States and Canada, has added to its team two experienced professionals with expertise in... Read Story

According to a recent survey by Grant Thornton LLP, the majority of merger and acquisition (M&A) dealmakers expect a surge in deal volume, especially in the technology, retail, hospitality and insurance industries.For this survey of M&A professionals... Read Story

MPowered Capital an invesnt firm established to invest in best-in-class female and other underrepresented talent* in the alternative investment space, announced its official launch. MPowered was founded and will be led by Marcia Page, Co-Founder and... Read Story

Avante Capital Partners, a women-owned private credit and structured equity firm, announced the completion of a unitranche debt and equity investment in Genius SIS, LLC (“Genius”) to support a growth investment by Leeds Equity Partners (“Leeds... Read Story

Northern Trust Asset Management announced that Angelo Manioudakis has been named Chief Investment Officer for the global financial institution with more than $1.2 trillion in assets under management as of June 30, 2021. He will assume the position on... Read Story

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Care Advantage by Searchlight Capital Partners (“Searchlight”), a New York-based private equity... Read Story

Sycamore Tree Capital Partners, a specialist asset manager with private and alternative credit investment expertise, announced that Paul Travers will join the firm as a Managing Director and Portfolio Manager, effective September 9, 2021. In this... Read Story

Ares Management Corporation announced today John Case, Ben Fox, Joel Tomlinson and Taejoon Chun have joined to expand Ares’ presence and activity in net lease and related investment opportunities. These additions reflect Ares’ view of the compelling... Read Story

Cerebro Capital, a commercial loan platform, released its Q2 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Lenders saw increased demand for credit because of the booming M&A market and the improving economy... Read Story

Rothschild & Co announced that Bob Berry has joined its Global Advisory business in North America as a Managing Director in the Financial Sponsors Group. Mr. Berry brings more than three decades of investment banking and sponsor coverage experience... Read Story

TSG Consumer Partners promoted Alex Gilmore and Kelly Pease to Vice President. Mr. Gilmore and Ms. Pease are based in London and New York, respectively.“Alex and Kelly have made significant contributions evaluating new investment opportunities and... Read Story

PennantPark Investment Advisers announced that Pete Mitchell has joined the company as Managing Director, Head of Private Capital Fundraising. Mitchell will lead fundraising for PennantPark’s private vehicles as the firm continues to expand its... Read Story

Ares Commercial Finance (“ACF”) and WhiteHawk Capital Partners, LP ("WhiteHawk") provided a CAD$130 (US$103 million) senior facility to a company based in Western Canada specializing in crane and heavy haul services. The senior facility was... Read Story

Bruce Richards, Chairman & CEO, and Louis Hanover, CIO, together the co-managing Partners of Marathon Asset Management, a leading global credit investment manager, announced several management changes, including one senior departure and five senior... Read Story

J.P. Morgan Asset Management announced the expansion of its private credit platform and appointment of Vincent Lu and Brian Van Elslander as co-heads of the newly formed Global Performing Credit group. Mr. Lu and Mr. Van Elslander bring extensive... Read Story

Green Ivy Capital, an affiliate of Chicago Atlantic Advisers, funded a new $10 million senior secured term loan facility for Silverpeak Holdings, LLC, a vertically integrated operator in Colorado. The Term Loan will provide Silverpeak capital to... Read Story

Owl Rock Capital Corporation appointed Jonathan Lamm as its Chief Financial Officer and Chief Operating Officer, effective September 1, 2021."We were thrilled to have Jonathan join our team earlier this year as a senior member of ORCC's management... Read Story

Hercules Capital announced it originated more than $1.0 billion year-to-date in annual total debt and equity commitments for the fourth consecutive year."We could not be more pleased to achieve this milestone which is a testament to the strength... Read Story

Antares announced that it closed 139 transactions totaling almost $11 billion in financing commitments to middle market private equity-backed companies in the first half of 2021.“Antares’ performance in the first half of 2021 illustrates the... Read Story

Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $9.0 billion in... Read Story

H.I.G. Capital announced the formation of United Flow Technologies (“UFT”), a platform established to invest in the municipal and industrial water and wastewater market. H.I.G. has committed significant capital and resources to UFT to build a market... Read Story

Star Mountain Capital closed a $225 million asset-based leverage facility from top quality institutional investors led by ING Capital. The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking Company and Customers... Read Story

Varagon Capital Partners is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour).Founded in 1961, Any Hour is a market-leading home... Read Story

King Street Capital Management, a leading $20 billion global investment manager specializing in credit, has raised $1.2 billion for its inaugural Global Drawdown Fund (“GDF”) from existing and new investors, exceeding its $750 million target. GDF has... Read Story

Alterna Capital Solutions (ACS), a specialty and alternative financier to high-growth small businesses, will support deal origination for a lower middle market private equity fund controlled by its affiliate, Alterna Equity Partners (AEP). The fund... Read Story

H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $44 billion of equity capital under management, announced the closing of its latest direct lending strategy, H.I.G. WhiteHorse... Read Story

Oxford Financial Group, Ltd. announced the formation and funding of Mayfair Capital Partners (MCP), an in-house private equity investment team based in Carmel, Indiana and Minneapolis, Minnesota. The division has been seeded with approximately $500... Read Story

PGIM Private Capital provided nearly $6.5 billion of senior debt and junior capital to more than 100 middle-market companies and projects globally in the first half of 2021, marking the second largest first-half origination volume over the past... Read Story

Antares Capital announced that Jeffrey Stammen will join the firm as Managing Director, Head of Investor Coverage in Asset Management.Stammen will report directly to Vivek Mathew, Head of Asset Management and Funding, and lead the company’s efforts... Read Story

Marathon Asset Management closed a $155 million senior credit facility for Avenger Flight Group, a leading independent provider of enterprise flight training solutions to aviation clients worldwide. Marathon anchored the loan alongside three other... Read Story

Ares Management announced that funds managed by Ares have committed more than $1 billion of investments over the last six months in the sports, media and entertainment sector. Ares employs a global flexible private capital strategy that invests in... Read Story

H.I.G. Capital announced that its affiliate, H.I.G. Realty Partners, has originated a loan to finance the lease-up of 3880 N. Mission (the “Property”), a 39-acre, 1.5 million square foot site with 1.2 million square feet of distribution and warehouse... Read Story

BlackRock TCP Capital announced the extension of its SVCP Credit Facility by two years to May 6, 2026. Other amendments to the Facility terms include a reduction in the stated interest rate to LIBOR plus 1.75%, subject to certain borrowing base... Read Story

Palladium Equity Partners announced that Meahgan O'Grady has joined the firm as Director of Business Development, a newly-created position.In her new role, Ms. O'Grady will work with all of Palladium's deal teams on sourcing and origination... Read Story

Carver Bancorp, the holding company for Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), and Bank of America closed a Senior Secured Social Impact Revolving Credit Facility with BlackRock's Alternative... Read Story

Apollo Global Management announced that entities, clients and funds managed by its affiliates (the “Apollo Funds”) have committed to invest up to $500 million in senior secured credit facilities originated by Victory Park Capital (“VPC”), a global... Read Story

Victory Capital Holdings announced that its wholly owned investment adviser, Victory Capital Management Inc., has established exclusive agreements with both Nasdaq and crypto-focused asset manager Hashdex Ltd. (“Hashdex”) in advance of plans to enter... Read Story

J.P. Morgan Asset Management announced the launch of J.P. Morgan Private Capital, which includes a new growth equity investment arm and an existing private debt business, committed to providing customized solutions for early and growth stage... Read Story

Ares Management Corporation announced that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the... Read Story

Churchill Asset Management has forged a strategic alliance with Hunter Point Capital, an independent investment firm focused on taking minority stakes in General Partners (GPs) targeting middle market private equity, credit, real estate and... Read Story

Hughes Hubbard & Reed announced that Scott Naturman has joined the firm as Corporate partner in the firm’s New York office. Naturman represents public and private companies and private equity firms in mergers and acquisitions, dispositions, corporate... Read Story

Raymond James hired Blake Otté as a managing director in its Financial Sponsors Investment Banking group. Based in New York City, Otté will help private equity (PE) firms leverage Raymond James’ industry insight, execution expertise and long-standing... Read Story

Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (“Black Creek”), a leading real estate... Read Story

Cerberus Capital Management announced that Brian H. Hook has been appointed Vice Chairman of Cerberus Global Investments, LLC, an affiliate of Cerberus focused on international business and investment strategies.In this role, Mr. Hook will have a... Read Story

H.I.G. Capital completed a $225 million strategic minority investment into eHealth in the form of convertible preferred stock.Headquartered in Santa Clara, CA, eHealth operates a leading online marketplace offering consumers a broad choice of... Read Story

Accordion, a private equity-focused financial consulting and technology firm, has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth... Read Story

Ares Management announced that a fund managed by its Private Equity Group has signed a purchase agreement to sell Farrow & Ball, a UK based manufacturer and retailer of premium paint and wallpaper, to Hempel Group. Terms of the transaction were not... Read Story

CIBC Innovation Banking provided financing solutions, including a Capital Call Line of Credit, to Maverix Private Equity (“Maverix”). The capital call facility provides Maverix with the flexibility to make investments in portfolio companies prior to... Read Story

Verizon and Apollo Global Management announced that funds managed by affiliates of Apollo entered into an agreement to acquire Verizon Media for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the... Read Story

Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group closed approximately $3.6 billion in commitments across 45... Read Story

Arent Fox expanded its Corporate & Securities practice with the addition of business law partner Stephen P. Hanson in the firm’s New York office. For 25 years, Steve has represented clients in the areas of private equity, mergers and acquisitions... Read Story

Big Shoulders Capital Chairman David Muslin has announced an expanded itleadership team as the company plans for the next generation of growth. Joe Prudden has been promoted to President of the company from Chief Financial Officer, Alex Mazer is... Read Story

Palladium Equity Partners, a minority-owned, middle market private equity firm with nearly $3 billion in assets under management, announced that Deborah Gallegos has joined the firm as a Managing Director.Ms. Gallegos brings to Palladium 25 years of... Read Story

MidCap Financial raised more than $800 million of new equity from a diverse group of global investors that included Apollo clients, including Athene as well as pensions, sovereign wealth funds and other leading institutions.Proceeds from the raise... Read Story

Palladium Equity Partners announced that Erick Bronner has joined the firm as Managing Director of Fundraising and Investor Relations.Bronner will build and cultivate Palladium's relationships with investors and oversee the firm's capital raising and... Read Story

Palladium Equity Partners announced that Nancy A. Mitchell has been named Chief Administrative Officer, a newly-created position. Ms. Mitchell joins Palladium from O’Melveny & Myers LLP, where she was a Partner.Ms. Mitchell brings to Palladium a... Read Story

Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the... Read Story

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a $120 million senior credit facility to support the recapitalization of an infusion therapy business by a private equity sponsor.The company is a provider of home... Read Story

Kudu Investment Management closed a $300 million credit facility with Massachusetts Mutual Life Insurance Company (MassMutual), a leading U.S. mutual life insurance company, to finance Kudu's growth initiatives.New York-based Kudu, backed by capital... Read Story

White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a senior credit facility for ViaQuest Holdings, Ltd. and affiliates to support the acquisition by Council Capital, a Nashville based private equity fund.... Read Story

Angelo, Gordon & Co. bolstered its structured credit team with the addition of two senior executives. Nicholas Smith, former Head of Non-Agency Residential Mortgage Trading and Asset-Backed Securities Trading at Bank of America Securities, has joined... Read Story

Slate Asset Management announced the acquisition of the Commercial Real Estate Business (“ACREG”) of Annaly Capital Management,(“Annaly”) for $2.33 billion.  The acquisition includes a portfolio of performing real estate loans, debt securities and... Read Story

Monroe Capital announced an increase in its credit facility to Mammoth Holdings, LLC (“Mammoth”) to support the acquisition of Lulu’s Express (“Lulu’s”). In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm... Read Story

Hercules Capital announced that Hercules Adviser LLC (“Hercules Adviser”), a wholly-owned subsidiary of Hercules Capital, has successfully closed its inaugural institutional private credit fund.“We are very pleased to announce that Hercules Adviser... Read Story

Orangewood Partners announced the successful close of Orangewood Fund II, L.P. with more than $200 million in equity commitments as well as approximately $100 million in equity across other vehicles. Orangewood has more than $500 million of total... Read Story

Antares launched its fifth annual outlook survey, Compass 2021 presenting analysis of perspectives on the middle market from portfolio companies, private equity sponsors and investors.The report suggests confidence in the U.S. economy and private... Read Story

Oaktree Specialty Lending Corporation announced the closing of the previously announced merger with Oaktree Strategic Income Corporation (“OCSI”), with OCSL as the surviving company. Based on December 31, 2020 financial information, the combined... Read Story

Osceola Capital was named a 2021 TOP 50 PE Firm in The Middle Market. Osceola's inclusion on the TOP 50 PE list affirms its position as one of the leading private equity firms in the middle market. In naming Osceola to its list, the TOP 50 PE Firms... Read Story

Antares Capital Advisers LLC, a subsidiary of Antares Capital LP announced the closing of the reset of Antares CLO 2017-1, Ltd., originally a $2.1 billion CLO that was upsized to $2.3 billion as part of the transaction. The upsize brings the... Read Story

Mitsubishi UFJ Financial Group (MUFG) announced the hiring of three senior bankers to augment its coverage of private equity sponsor clients and its direct lending business. The bank has hired Michael Klein and Keith Murray as Managing Directors of... Read Story

Ares Management Corporation announced the final closing of its Ares Pathfinder Fund, L.P.. With $3.7 billion in total commitments closed, the Fund was significantly oversubscribed at its hard cap and exceeded its original target of $2.0... Read Story

Nolan Capital announced the addition of Austin Browning to its team. Browning will serve as a Managing Director focused on private equity, real estate and other investing activities of the firm. He will assist Nolan Capital in identifying new... Read Story

Wells Fargo has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR LLC and Reverence Capital Partners, L.P. This sale includes Wells Fargo Bank N.A.’s business of acting as trustee to its collective investment... Read Story

Churchill Asset Management announced promotions across the firm. Notably, Randy Schwimmer, Senior Managing Director, Head of Origination and Capital Markets, and Mathew Linett, Senior Managing Director, Head of Underwriting and Portfolio Management... Read Story

White Oak Global Advisors announced the firm, together with its affiliates, funded $2.7 billion in loans across 119 borrowers in 2020. As companies seek support, White Oak continued to meet the nuances of their client’s business needs through... Read Story

Ares Commercial Finance provided a senior secured revolving line of credit to support the acquisition of Continental Battery Company by H.I.G. Capital, LLC. Headquartered in Dallas, TX, Continental Battery is a distributor of aftermarket batteries... Read Story

Medical Equipment Manufacturer secured a new $195 million revolving credit facility from Global Private Equity Partners.Effective immediately, the new credit facility replaced the Company’s existing $70 million credit facility which was comprised of... Read Story

An indictment was unsealed on February 4, 2021 in federal court in Brooklyn charging three individuals affiliated with GPB Capital Holdings, LLC (“GPB”) with securities fraud, wire fraud and conspiracy. Defendants David Gentile, the founder, owner... Read Story

Gibraltar Business Capital (GBC) has created a reputation as the preferred ABL partner to private equity groups. When CriticalPoint Capital needed acquisition financing support, GBC was the natural fit. CriticalPoint Capital is a Los Angeles-based... Read Story

Ares Acquisition Corporation announced the closing of its initial public offering of 87,000,000 Class A ordinary shares at a price of $10.00 per share and the sale of an additional 13,000,000 Class A ordinary shares at $10.00 per share pursuant to... Read Story

LBC Credit Partners provided a senior secured credit facility to support LightBay Capital’s investment in Rancho Family Medical Group.The investment from LightBay will allow Rancho Family to invest in new and existing care centers, as well as... Read Story

Antares closed more than 220 transactions in 2020, issuing nearly $14 billion in financing commitments to middle market private equity-backed companies. In a record Q4, the firm closed 120 transactions with commitments of $9.3 billion, supporting the... Read Story

In the first in transaction of its ten-year anniversary, Abacus Finance Group announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for $26.3 million in senior secured credit facilities to support the... Read Story

Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, announced that it committed over $925 million to private equity sponsors in support of healthcare transactions last year, completing 26 healthcare transactions... Read Story

CBIZ CMF, the private equity consulting practice of CBIZ, Inc. and a leading national advisor to the middle market, announces it will operate under the new brand name of CBIZ Private Equity Advisory.Having supported more than 300 private equity firms... Read Story

PitchBook released its 2021 US Private Equity Outlook, which details predictions for private equity (PE) activity and performance in 2021. This past year defied expectations for most investors and PE managers were no exception. Dealmaking nearly... Read Story

Antares served as lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Logibec by Novacap.Headquartered in Montreal, Canada, Logibec is a Montreal-based healthcare software company.“The... Read Story

Liberty Hall Capital Partners, a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, announced the acquisition of Comply365 Holdings, Inc., a leading global provider of operational... Read Story

Carlson Capital, L.P., an alternative asset management firm, announced that it reached a strategic agreement with Jefferies Group LLC and structured credit investor Hildene Capital Management, LLC to support the new issuance of CLOs on Carlson’s... Read Story

In response to recent media coverage, Owl Rock Capital Group (“Owl Rock”) and Dyal Capital Partners (“Dyal”) today confirmed they are in discussions regarding a potential strategic combination.The potential combination would bring together two... Read Story

Stephen Toy, previously Founding Member and Co-Head of WL Ross & Co. LLC and Global Head of Private Equity at Invesco Private Capital; and Nadim Qureshi, previously Managing Partner and Head of Industrials and Chemicals at WL Ross & Co. LLC and... Read Story

Sumeru Equity Partners, a San Mateo, California-based private equity firm, closed Sumeru Equity Fund III, L.P., at $720 million.The fund received support from existing and new LPs, securing commitments from prominent institutional investors in North... Read Story

Mark Okada, Jack Yang, and Trey Parker Launch Value-Oriented, Durable-Alpha Asset Manager, Specializing in Private and Alternative Credit.Mark Okada, Jack Yang and Trey Parker, industry veterans and innovators in alternative credit investing, have... Read Story

Pike Street Capital, LLC, a Seattle-based private equity firm, has announced the closing of Pike Street Capital Partners, a $237 million fund that will focus on control investments in industrial technology businesses. Fund investors include leading... Read Story

Brightwood Capital Advisors, a leading private credit firm, announced the appointment of William W. Archer as Chief Credit Officer, a position he previously held from 2013 to 2015. In this role, he will oversee Brightwood's existing portfolio, as... Read Story

B. Riley Financial announced the launch of B. Riley Financial Sponsors Group. The team will focus on developing and maintaining relationships with alternative capital managers, including private equity firms, family offices, sovereign wealth, credit... Read Story

MUFG Union Bank announced that its Commercial Banking group acted as lead arranger for a recapitalization for software company NetMotion, optimizing the company's debt financing. NetMotion is a portfolio company of The Carlyle Group."With this... Read Story

HKW, an Indianapolis-based middle-market private equity firm, announced Rick Ammar has joined the firm as vice president. Mr. Ammar will serve in a senior role as part of HKW’s expanding technology efforts.“Rick’s track record of investing in... Read Story

BlackRock Capital Investment Corporation announced the appointments of Nik Singhal as President, effective November 3, 2020, and Abby Miller as Chief Financial Officer and Treasurer, to be effective as of November 9, 2020, at which time Michael... Read Story

Alvarez & Marsal (A&M) appointed Dallas-based Omar Mata a Managing Director in its Private Equity Performance Improvement group. Mata joins the group’s expanding CFO Services vertical, where he will focus on assisting organizations improve their... Read Story

Blue Wolf Capital Partners, a New York-based private equity firm, announced the expansion of its investment team with four strategic hires: Shashank Patel, Greg Singer, Ethan Cooper and David Meyers. Blue Wolf has also promoted Chief Financial... Read Story

Venture Capital (VC) and Private Equity (PE) firms may differ in many ways, but they share a similar predicament – increased pressure to cut legal costs as business revenue from M&A and fundraising declines, according to a new Apperio study entitled... Read Story

Nutanix, a leader in enterprise cloud computing, announced that Bain Capital Private Equity will make an investment of $750 million in Convertible Senior Notes to support the Company’s growth initiatives.“Bain Capital Private Equity has deep... Read Story

The COVID-19 pandemic has hit the North American commercial real estate market hard according to a report from Preqin. Private equity real estate (PERE) fundraising reached a peak in 2019, as funds secured $83 billion, and seemed to be set to match... Read Story

H.I.G. Capital ("H.I.G."), a leading alternative investment firm with $39 billion of equity capital under management, is pleased to announce that Timur Akazhanov has joined H.I.G. as a Managing Director of H.I.G. Capital’s Advantage Fund. Timur is... Read Story

ABL Advisor has launched a new video series featuring exclusive interviews with highly respected leaders from various disciplines of commercial finance, allowing them to share their professional and personal insights into the impact the coronavirus... Read Story

Pamlico Capital (“Pamlico”), a leading, lower middle market private equity firm focused on growth-oriented businesses, announced the first and final close of Pamlico Capital V (“PC V”) at the fund’s hard cap with total commitments of $1.4 billion. PC... Read Story

Shoreline Equity Partners, a private equity firm with a disciplined and collaborative approach to investing in U.S. lower middle market companies, announced its launch. Shoreline’s investment philosophy is focused on being an ideal partner to... Read Story

Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, announced the final closing of Genstar Capital Partners IX with $5.5 billion in... Read Story

Hitachi Solutions America, Ltd., a provider of global industry solutions powered by the Microsoft Cloud, has announced Engage for Asset Management and Engage for Private Equity – proven, purpose-built products re-engineered specifically for Microsoft... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Magneto & Diesel Injector Service, Inc. (M&D Distributors) by private equity sponsor, Warren... Read Story

Amid rising concerns about a downturn in the economic cycle, institutional investors are looking to mitigate risks by increasing allocations to private markets according to BlackRock’s annual survey of global institutions. Globally, over half (56%1)... Read Story

SSG Capital Advisors, LLC acted as the exclusive investment banker to American Fuel Cell and Coated Fabrics Company on its sale of substantially all of its assets to an affiliate of LB Advisors, LLC and Playa Capital Partners, LLC.  The sale was... Read Story

Mitsubishi UFJ Financial Group, Inc. (MUFG) announced that Scott McLallen has joined MUFG as a Managing Director in the bank’s Private Equity Sponsor coverage group.  Based in New York, he is scheduled to begin on January 14. McLallen will report... Read Story

The past 12 months marked the most active year ever recorded for private equity-backed buyout deal making, according to a new report from Preqin. There were 5,106 acquisitions announced in 2018, the fifth consecutive year in which the number of... Read Story

Twin Brook Capital Partners, the middle-market direct lending subsidiary of Angelo Gordon, announced that it has committed over $2 billion to private equity sponsors in support of healthcare sector transactions in the middle market, including over $1... Read Story

The stable sector outlook for global investment managers (IMs) in 2019 reflects growing scale and product diversity, which should provide a degree of cushion against multiple sector headwinds, Fitch Ratings says. However, traditional IMs may be more... Read Story

Healthcare-focused private equity is on the brink of a record year, according to new data from Preqin. Capital has flowed into the sector, with healthcare-focused private equity-backed buyout deals seeing year-on-year increases in aggregate deal... Read Story

The private equity sector can expect to see an expanding bidding war for top talent, according forthcoming research from Hunt Scanlon Media. Persistent global talent shortages across the C-suite are driving the trend, with nearly every industry and... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $56 million senior credit facility to support the recapitalization of Nova Wildcat Amerock LLC (Amerock) by a private equity sponsor. Founded in... Read Story

Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for... Read Story

Global consulting firm AlixPartners announced that growth and transformation expert David Podolsky has joined the firm’s Private Equity & Investors practice as a Managing Director. He will be based out of AlixPartners’ Dallas office. Podolsky brings... Read Story

Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $45 million credit facility to existing client New State Capital Partners, a private equity firm specializing in middle-market investments. Proceeds from the facility... Read Story

CEPRES released their latest analysis of the North American Buyout market revealing the changing dynamics in pricing multiples and value creation post-GFC (Global Financial Crisis). By analyzing the 4,485 North America Buyout deals since 2009... Read Story

As part of its Future of Alternatives initiative, Preqin predicts that the alternative assets industry – comprising private capital and hedge funds – will reach $14tn in assets under management by 2023. The industry currently holds $8.8tn in assets... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition and future growth of Vereco Inc. by a private equity sponsor. Founded in 2011 and headquartered... Read Story

Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for... Read Story

Following two quarters of lower private equity fundraising, Q3 activity has picked up, with 214 funds raising a total of $121 billion, Preqin reports. Analysts expect these  figures to rise by up to 10% as more information becomes available, but the... Read Story

Hyde Park Ventures, a private investment management company, announced the acquisition of 16 Five Guys franchises across New England making it the third largest Five Guys franchisee in the United States. In total, Hyde Park now owns 32 Five Guys... Read Story

Mason Wells announced that it has closed the acquisition of EastPoint Sports Ltd., LLC. EastPoint, a supplier of indoor and outdoor recreational sporting goods, was founded in 2009 by Mike Nally, a long-time industry veteran. The Company will be... Read Story

White Oak Global Advisors, LLC  announced the close of the White Oak Yield Spectrum Fund to outside investors. The Fund and other associated vehicles raised concurrently approximately $2.1 billion of total commitments, exceeding the $1.75 billion... Read Story

People's United Bank, N.A. a subsidiary of People's United Financial, Inc., has bolstered its commercial banking capabilities with the formation of Franchise Finance, Technology/Private Equity Finance and Not-For-Profit Finance teams. Three senior... Read Story

A flood of private equity investment into the institutional middle market has pushed the share of highly leveraged deals in the sector to record highs, with more lenders negotiating "borrower-friendly" deals that include lower spreads, looser... Read Story

Golden Gate Capital, a private equity investment firm, announced that it has established a new operating company, PSEB Group. PSEB will be composed of two Golden Gate portfolio companies: Eddie Bauer, LLC, an authentic outdoor brand offering... Read Story

CIT Group Inc. announced that it added a senior leader to its Sponsor Finance team in its Commercial Finance division responsible for pursuing new growth opportunities for financing middle-market private equity sponsor owned businesses. Thomas M.... Read Story

GrowGeneration Corp., one of the largest specialty retail hydroponic and organic gardening stores, announced that it has received $10 million from strategic investors, including a $7.5 million investment from Gotham Green Partners (GGP). GGP is a New... Read Story

BlackRock Inc. and Tennenbaum Capital Partners, LLC (TCP) announced a definitive agreement under which BlackRock will acquire TCP, a manager focused on middle market performing credit and special situation credit opportunities. The acquisition... Read Story

Private equity investment firm Veritas Capital and General Electric Co. announced an affiliate of Veritas has entered into a definitive agreement with GE to acquire the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory... Read Story

Record dry powder, a historically long economic expansion, tax reform and muted interest rates continue to drive record or near-record private equity (PE) buyout and exit activity, according to data analyzed by top 100 U.S. law firm Akerman LLP. The... Read Story

Private equity buyout funds are increasingly becoming involved in the information technology sector, particularly as some technology companies become larger and more mature, Preqin reported. Sixteen information technology-focused buyout funds closed... Read Story

Four attorneys known for their extensive transactional experience have joined Waller Lansden Dortch & Davis, LLP, the law firm announced today. Roddy Bailey, Pat Murphy, Jimar Sanders and Nathan Hertzog focus on middle market transactions involving... Read Story

Stonegate Capital announced that it has hired Garett Figueroa as a Vice President in its Chicago office.   “At Stonegate we pride ourselves on bringing debt structuring sophistication to the lower middle market,” said Andrea Hedrick, Stonegate’s... Read Story

Capital One announced that Stephanie Perry has joined its Financial Sponsors Group for developing and maintaining relationships with private equity firms and originating and evaluating new lending opportunities, including first lien, second lien and... Read Story

Thomson Reuters announced that it has signed a definitive agreement to enter into a strategic partnership with Blackstone. As part of the transaction, Thomson Reuters will sell a 55% majority stake in its F&R business to private equity funds managed... Read Story

Sentinel Capital Partners, a private equity firm that invests in promising lower middle market companies, announced the simultaneous first and final closings of Sentinel Capital Partners VI, L.P. at $2.15 billion and Sentinel Junior Capital I, L.P.... Read Story

Global alternative asset manager The Carlyle Group announced that Matthew Savino has joined the firm as a Managing Director and Head of U.S. Capital Markets within the Global Capital Markets team. Savino comes to Carlyle from BlackRock, Inc. where he... Read Story

Global alternative asset manager The Carlyle Group announced that Inoki Suarez has joined the firm as Managing Director for the firm’s Private Credit business within the Global Credit platform. Suarez joined last month and is based in New York.  In... Read Story

DLA Piper announced that Adam Ghander has joined the firm's Corporate practice as a partner in Boston. Ghander focuses his practice on mergers and acquisitions, private equity and early stage investment, securities, and corporate governance matters.... Read Story

Lending to U.S. private equity-owned companies hit a record high in November, with the bulk of the surge in new capital attributed to increased refinancing and repricing activity, according to Thomson Reuters LPC data. Refi and repricing deals... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Reapit Ltd. by private equity sponsor Accel-KKR LLC. Reapit is the largest CRM and Client... Read Story

Cortland Capital Market Services LLC, a global investment servicing company, announced that it has entered into an agreement under which it will be acquired by Alter Domus Group, a provider of fund administration and corporate services dedicated to... Read Story

After setting records in 2016, lower-middle-market (LMM) investors have taken a backseat in 2017, while upper middle market investors chase larger deals, according to PitchBook's 3Q US PE Middle Market Report.U.S. middle-market private equity... Read Story

Driven by robust Venture Capital (VC) funding, an increase in deal value, and strong performance by the Private Equity sector, investments in U.S. fintech companies nearly doubled during Q3 ’17 to $5 billion, up from $2.6 billion in Q2 ’17, according... Read Story

The Carlyle Group, the venerable private equity and alternative investment giant founded in 1987 in Washington D.C., announced that founders David Rubenstein and Bill Conway are stepping down as co-chief executive officers, effective January 1, 2018... Read Story

Authentic Brands Group (ABG), owner of a portfolio of iconic and world-renowned brands, including Juicy Couture, Jones New York and Aéropostale, announced that General Atlantic, a global growth equity firm, has made a strategic investment in the... Read Story

LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, provided a secured global term loan facility to support the acquisition of Hufcor, Inc. by OpenGate Capital, a Los Angeles-based private equity firm.LBC served... Read Story

iCapital Network, the financial technology platform democratizing alternative investments for high-net-worth (HNW) individuals and their advisors, announced it has entered into a definitive purchase agreement to acquire the US Private Equity Access... Read Story

Waud Capital Partners, a Chicago, IL-based growth-oriented middle market private equity firm, has entered into a partnership with Vincent Bradley, a healthcare industry executive, to pursue investments in the multi-site healthcare industry.Waud... Read Story

PineBridge Investments announced that it will launch a new direct lending business, focusing primarily on U.S.-based middle market companies seeking capital for growth, acquisitions, leveraged buyouts and recapitalizations. The company has hired... Read Story

Gryphon Investors, a San Francisco-based private equity firm, announced that it held a first and final closing of Gryphon Mezzanine Partners, L.P. at its cap of $100 million of aggregate commitments, excluding the GP commitment. The Fund was... Read Story

Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lead Arranger... Read Story

Data from the first six months of the 2017 show a strong deal appetite despite a highly complex and challenging M&A market and increasing intervention in deals by governments and regulators, according to a new report from EY. Analysts attribute the... Read Story

EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage, and employee benefits consultant, announced today that private equity firm Oak Hill Capital Partners (Oak Hill) has agreed to acquire all of The Carlyle Group's... Read Story

NXT Capital announced that it has provided a $31.5 million senior secured credit facility to support River Associates Investments’ and Premier Parking’s management team’s acquisition of Premier Parking.   NXT Capital acted as the Sole Lead Arranger... Read Story

WebMD Health Corp. and Internet Brands, a KKR portfolio company, announced that Internet Brands has entered into a definitive agreement to acquire WebMD in a transaction valued at approximately $2.8 billion. Under the terms of the agreement, a... Read Story

Optimism over the Trump Administration's ability to positively impact private equity's ability to raise new capital has fizzled since the President's inauguration, a new poll finds. According to ACG New York's Mid-Year Middle-Market Survey, 52... Read Story

The private equity-backed buyout deals market saw some signs of recovery in the second quarter of 2017, as 1,001 deals were announced worth an aggregate $83 billion, according to Preqin.  The research firm expects these figures to rise by around 5%... Read Story

Stellex Capital Management, a middle market private equity firm with offices in New York and London, announced the successful closing of its debut fund, Stellex Capital Partners LP, with aggregate commitments of $870 million, exceeding the Fund’s... Read Story

Clearlake Capital Group, L.P. announced a definitive agreement to merge enterprise software providers Syncsort Incorporated and Vision Solutions, Inc. as well as the simultaneous sale of a significant ownership position in the combined company to... Read Story

HC Technologies, LLC, a Chicago-based principal trading firm with offices in New York City and London, announced the launch of its private equity arm, HC Private Investments (“HCPI”).  HCPI will make investments in lower-middle market manufacturing... Read Story

Alpine Investors, a San Francisco based private equity firm specializing in high growth, founder-owned, lower middle market companies in software and business services, announced the final closing of its sixth fund, Alpine Investors VI, LP, at its... Read Story

Analysts with Generational Equity, a mergers and acquisitions advisory firm for privately held businesses, are reporting an increasing demand for lower middle-market acquisitions by private equity firms.According to a survey by PitchBook, close to... Read Story

Kidd & Company, LLC, a family office investment firm focused on the middle market, together with McLarty Capital Partners, announced the recapitalization and merger of Advanced Distribution Solutions, Inc. (ADSI), Agile Network (Agile) and Pantechnik... Read Story

Citizens Bank announced that Citizens Commercial Banking has closed a new $450 million asset-based revolver to support a recapitalization of PRO Unlimited by Harvest Partners, a leading middle-market private equity firm, and Investcorp, a global... Read Story

Consensus Capital Holdings, a newly-formed Grand Rapids, Mich.-based private investment and management firm, has officially launched. Leveraging the investment experience of its managing partners, Michael Brom and Jason Byrd, the firm provides... Read Story

U.S. venture capital (VC) investment in fintech companies rose to $1.2 billion in Q1’17, driven by late-stage deals, which reached the highest activity since Q1’16, according to KPMG International’s Q1 2017 The Pulse of Fintech report. Non-VC fintech... Read Story

A Capital One survey of investors, capital providers and advisors found that 96 percent of respondents believe economic conditions are “better” or “the same” as last year, signaling widespread optimism and opportunities among professionals.Capital... Read Story

Private equity firm Energy Impact Partners (EIP) announced that it has established a credit group to support U.S.-based small and middle-market businesses, with a specific focus on energy impact-related investments. The group will primarily offer... Read Story

Growth Catalyst Partners, LLC announced its formation as a new middle market private equity firm. GCP’s founders are Jim TenBroek, former Managing Director at Wind Point Partners and Scott Peters, former Co-President of The Jordan, Edmiston Group... Read Story

Genstar Capital, a middle-market private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, announced the final closing of Genstar Capital Partners VIII with... Read Story

Oak Hill Capital Partners announced that it has entered into a definitive agreement to acquire Checkers Drive-In Restaurants, Inc. from Sentinel Capital Partners. Operating under the Checkers and Rally's banners, the Company is one of the nation's... Read Story

Marlin Equity Partners, a global investment firm, announced the first and final closings of Marlin Equity V, L.P. (Fund V), with $2.5 billion of capital commitments, and Marlin Heritage II, L.P. (Heritage II), with $750 million of capital commitments... Read Story

Private equity fund managers targeting the middle market are experiencing increased competition for deal opportunities, a new report from Prequin finds.According to Preqin’s Private Equity Fund Manager Outlook for the first half of 2017, robust... Read Story

Private equity fund managers targeting the middle market are experiencing increased competition for deal opportunities, a new report from Prequin finds.According to Preqin’s Private Equity Fund Manager Outlook for the first half of 2017, robust... Read Story

BC Partners, a leading international private equity firm, announced the creation of BC Partners Credit, a new credit platform. Ted Goldthorpe, former President of Apollo Investment Corporation and head of its U.S. Opportunistic platform, has been... Read Story

Monomoy Capital Partners, a private equity firm focused on value investing and business improvement in the middle market, announced that Ashley Johansen has joined the firm as a Managing Director and Head of Investor Relations and Fundraising. Ms.... Read Story

Gamut Capital Management, L.P., a New York-based middle market private equity firm, announced it successfully closed Gamut Investment Fund I, L.P. at $1 billion, exceeding the Fund’s $750 million target.Gamut’s flexible investment strategy... Read Story

MB Business Capital recently provided a new senior credit facility to Beloit, Wisconsin-based PlayMonster, LLC, formerly known as Patch Products. PlayMonster is a leading national manufacturer and marketer of family entertainment products... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $21.5 million senior term loan to support the recapitalization and future acquisitions of All Holding Company, LLC (“AHC”) by private equity... Read Story

Solace Capital Partners, a private equity firm focused on distressed-for-control and special situations investments in North America, announced the successful closing of its inaugural fund, Solace Capital Special Situations Fund, L.P. (the “Fund”) at... Read Story

NXT Capital announced that it has upsized the senior credit facility for Material Handling Services to $175 million to support the add-on acquisition of National Glass & Gate Service, Inc. Material Handling Services is a portfolio company of CI... Read Story

Fifth Street Finance Corp. announced that its Board of Directors has appointed Patrick J. Dalton as Chief Executive Officer and elected him as a member of the Board of Directors, effective January 2, 2017.  Dalton will succeed Todd G. Owens, who will... Read Story

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9.32 million senior credit facility to Air Waves, LLC. Air Waves is a leading provider of on demand garment printing and fulfillment services. Air Waves... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support private equity sponsor Tower Arch Capital’s recapitalization of Corbett Technology Solutions, Inc. (“CTSI”) in... Read Story

Align Capital Partners announced it completed, in partnership with management, an investment in Alliance Source Testing, LLC, a leading provider of source emissions (or stack) testing services to industrial facilities in the United States. Terms of... Read Story

According to a recent survey by KPMG LLP, the audit, tax and advisory firm, U.S. merger and acquisition (M&A) activity is expected to remain steady in 2017, compared to deal levels of 2016. Of nearly 100 respondents to KPMG’s M&A Market Pulse survey... Read Story

Monroe Capital LLC was selected as the recipient of the 2016 Lender Firm of the Year Award by The M&A Advisor. Award winners were honored at the 15th Annual M&A Advisor Awards Gala held in New York City on November 9.Monroe Capital provides... Read Story

Pamlico Capital, a leading lower middle market private equity firm focused on growth oriented businesses, announced the first and final close of Pamlico Capital IV (“PC IV”) at the hard cap with total commitments of $910 million. PC IV raised its... Read Story

Antares Capital announced it is serving as administrative agent and lead arranger of $35 million in senior secured credit facilities to support the acquisition of Nuspire Networks (“Nuspire”) by ABRY Partners.Based in Detroit, MI, Nuspire is a... Read Story

Antares Capital is serving as administrative agent and lead arranger on a $300 million senior secured credit facility to support the acquisition of Systems Maintenance Services (“SMS”) by Partners Group on behalf of its clients.Founded in 1981 and... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the continued growth of Hanna Andersson by a prestigious private equity sponsor.Founded in 1983 and based in Portland... Read Story

Getzler Henrich & Associates, one of the nation’s oldest turnaround firms, announced that David R. Campbell, Jr. has joined the firm to lead the Midwest region.  Campbell, who will be a managing director, will be based in the firm’s Chicago office at... Read Story

ParkerGale Capital, LP announced the close of its debut buyout fund. Exceeding its original target of $200 million, the fund closed at $240 million, with contributions from a balanced mix of family offices, pensions, managed accounts, endowments and... Read Story

The construction, consumer and retail, and healthcare industries were the most active in closing deals valued at $75 million or less in the third quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred... Read Story

TCF Capital Funding announced that it provided $17.5 million in secured financing to support HCI Equity Partners in its investment in The Delaney Hardware Co. (“Delaney” or the “Company”).Headquartered in Cumming, GA, and founded in 1992 by Michael... Read Story

Antares Capital is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Franklin Energy (“Franklin”) by Kohlberg & Company, LLC (“Kohlberg”).Headquartered in Port... Read Story

KPS Capital Partners anounced its portfolio company Expera Specialty Solutions, LLC has completed its second successful recapitalization.  Expera raised $335 million of financing, including a $50 million senior secured revolving credit facility and a... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization and future growth of CarePlus Medical Corporation by private equity sponsors, Fulcrum Equity... Read Story

CIT Group Inc. announced that CIT Retail Finance served as sole lead arranger for a $35 million senior secured credit facility to support the equity investment made by private equity sponsor, Goode Partners LLC, in the acquisition of Forman Mills... Read Story

PNC Riverarch Capital announced an investment in Five Star Food Service, Inc. (“Five Star”), a leading provider of on-site food and beverage solutions to employers and other commercial, institutional, and educational locations across the Southeastern... Read Story

As part of its continuing leadership transition plan, Otterbourg P.C. has named Daniel Fiorillo head of the firm’s restructuring practice group as of January 1, 2017. Jonathan Helfat, who successfully led the group for more than 25 years, will be... Read Story

LBC Credit Partners provided a secured mezzanine loan to PPHC Holdings, Inc., a portfolio company of Milestone Partners. The proceeds were used to support the acquisition of Fleetwood Metal Industries, Inc.Founded in 1955, PPHC is a market leader in... Read Story

Neuberger Berman, a private, independent, employee-owned investment manager, announced NB Private Debt Fund II LP (the "Fund") closed on $750 million of limited partner commitments. The Fund seeks to invest in the junior debt of private equity-backed... Read Story

Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced the closing of Atlantic Street Capital III, LP ("Fund III") with $210 million of committed capital,  surpassing its... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $32.5 million senior credit facility to support the equity investment made by private equity sponsor Goode Partners LLC in the acquisition of Forman... Read Story

Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced today that it served as administrative agent and sole lead arranger for... Read Story

Audax Group, a leading alternative asset management firm specializing in investments in North American middle market companies, announced the successful final close of Audax Senior Loan Fund III (“SLF III” or “the Fund”) at its hard cap of $500... Read Story

Churchill Asset Management announced that Leland Richards has joined the firm as a managing director. The appointment will be effective October 2016 and Richards will report to Senior Managing Director and Head of Origination and Capital Markets... Read Story

Citing a survey conducted by Harris Williams & Co, Bloomberg reports that mid-sized companies are becoming more open to selling themselves to private equity buyersBuyout firms were named as the preferred buyer by 38 percent more respondents than last... Read Story

TCF Capital Funding provided $7 million in secured financing in connection with an investment by Corridor Capital to support the expansion of Connecting Point Marketing Group, Inc.’s (“Connecting Point” or the “Company”) very successful Events... Read Story

Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced it served as administrative agent and sole lead arranger for a $21... Read Story

A survey of private equity executives at ACG's M&A East Conference (September 27-28) by CMF Associates, a leading provider of financial, operational, and human capital solutions to private equity, middle-market, and small cap public companies, found... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of ProPharma Group by private equity sponsor, Linden Capital Partners. Founded in 2001 and based in... Read Story

Centerview Partners, a leading independent investment banking and advisory firm, announced that Sean Carmody has joined the firm's New York office as a Partner in the financial services practice.  Carmody was most recently the head of Financial... Read Story

Bibby Financial Services, Inc. (BFS) announces it is providing a $5.5 million asset-based lending (ABL) facility to Sprout, a developer, marketer and distributor of premium organic foods. The financing will allow the company additional cash liquidity... Read Story

Monroe Capital announced it acted as syndication agent on the funding of a senior credit facility to support the acquisition of Oldenburg Group Inc.’s (“Oldenburg”) Heavy Equipment Group by private equity sponsor, J.F. Lehman & Company. Based in... Read Story

Santander has hired Charles J. Arrigo II as Senior Vice President in its Asset-Based Lending (ABL) group. Arrigo is based in Santander’s Miami office and is responsible for originating and managing asset-based credit facilities. ABL is a key growth... Read Story

Golub Capital announced that as administrative agent, sole lead arranger and joint bookrunner, it provided a GOLD financing to support GI Partners' recapitalization of Daxko, LLC. GOLD financings are Golub Capital's One-Loan Debt facilities.... Read Story

MB Business Capital recently provided a new $18 million senior credit facility to Angola, Indiana-based AAA Sales & Engineering, Inc. (“AAASE”). AAASE provides high precision production machining services that can be found in almost all modes of... Read Story

Align Capital Partners, LP announced the first and final close of its inaugural private equity investment fund, Align Capital Partners Fund I, LP and Align Capital Partners Fund I-A, LP (collectively, “ACP I”). Align began fundraising in June 2016... Read Story

CIT Healthcare Finance served as lead arranger and administrative agent for a $242 million senior secured credit facility to Jordan Health Services, one of the largest providers of home healthcare and hospice services in Texas and Oklahoma, with a... Read Story

Heritage Global Inc., a leader in distressed and surplus corporate and financial asset valuations and transactions, announced that Marc Swirsky has been appointed to serve in a dual leadership capacity for two company divisions. Swirsky will serve as... Read Story

FocalPoint Partners, LLC, a leading middle-market investment bank, announced the addition of Stephen Wrobel, Director of Business Development, to source new business opportunities for the firm. Wrobel becomes the latest addition to FocalPoint's... Read Story

Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner, it provided a GOLD financing and equity co-investment to Newfit, in conjunction with LNK Partners' investment in the business. GOLD financings are Golub... Read Story

Golden Gate Capital and Pacific Sunwear of California, Inc. and all of its subsidiaries announced today that Golden Gate Capital has completed its acquisition of PacSun, which concluded its restructuring after completing all required actions and... Read Story

Golub Capital announced that as administrative agent, sole bookrunner and sole lead arranger, it provided a $66.5 million GOLD financing to CenterOak Partners to finance its acquisition of Wetzel's Pretzels, LLC ("Wetzel's Pretzels"). GOLD financings... Read Story

Castanea Partners announced Tom First has joined the firm as an Operating Partner focusing on opportunities in the branded food and beverage sector. “We are thrilled that Tom will be joining our team,” said Brian Knez, Managing Partner of Castanea.... Read Story

BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset based finance solutions, announced it was sole lender for $20 million in senior credit facilities to Animart, LLC. Animart, LLC, a Goldner Hawn Johnson & Morrison... Read Story

A Reuters article notes higher company valuations and lenders wary of risky investments are pushing private equity firms to increase the size of equity contributions, or checks, for leveraged buyouts near historic highs in the face of fierce... Read Story

The Securities and Exchange Commission announced that four private equity fund advisers affiliated with Apollo Global Management have agreed to a $52.7 million settlement for misleading fund investors about fees and a loan agreement and failing to... Read Story

Antares Capital announced is serving as administrative agent and sole lead arranger on a $72 million senior secured credit facility to support the acquisition of Pathway Partners Vet Holding LLC (“Pathway”) by investment funds managed by Morgan... Read Story

PNC Bank, N.A. announced the closing of two credit packages totally $79.5 million for Rental Equipment Investment Company LLC (REIC), an equipment rental company based in Miami, Florida; and Total Plastics, Inc. (TPI), a leading distributor and... Read Story

Antares Capital announced it served as administrative agent, sole lead arranger and bookrunner on a senior secured credit facility to support the acquisition of SciQuest, Inc. by Accel-KKR.Based in Morrisville, NC, SciQuest, Inc., is a leading... Read Story

Monroe Capital LLC announced an increase in the credit facility to Cal Net Technology Group (“Cal Net”) to support the acquisition of inhouseIT, Inc. (“inhouseIT”). Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital.Cal... Read Story

Bridge Bank announced provided a $3 million venture term loan facility to Atlanta-based QASymphony, a leader in agile testing software. QASymphony will use the credit facility to help finance its ongoing growth strategy, including expansion into the... Read Story

Veritas Financial Partners announced the closing of an $8.5 million credit facility for Stainless Foundry & Engineering Inc. (“SFE”) to refinance their existing senior debt and provide additional capital for an opportunistic transaction set to close... Read Story

Comvest Partners announced that Brad Nii has joined the firm as a managing director in Comvest's direct lending group, Comvest Capital. Based in Los Angeles, Nii will be responsible for originating, structuring and managing debt investment... Read Story

Capital Southwest Corporation provided a $13 million term loan to refinance existing first lien debt of Amware Fulfillment, LLC ("Amware"), a portfolio company of Rotunda Capital Partners. The transaction closed on July 29, 2016. Capital Southwest is... Read Story

Prospect Capital Corporation announced that Prospect has invested $65 million in first lien senior secured floating rate debt issued by Universal Turbine Parts, LLC (“UTP”) in conjunction with the acquisition of UTP led by ICV Partners, a... Read Story

The Citco Group of Companies (“Citco”) announced that it has launched Citco Capital Solutions, a capital advisory service that will focus on arranging debt and equity capital for sponsors and investors in alternative investment vehicles. Citco... Read Story

Antares Capital announced it is serving as administrative agent, lead arranger, and sole bookrunner on a senior secured credit facility to support the platform investment in Integrity Marketing Group, LLC (“Integrity”) by HGGC, and the concurrent... Read Story

TCF Capital Funding (TCFCF) provided $14.5 million in secured financing to support Wincove Private Holdings, LP in its recapitalization of Hygrade Components (“Hygrade Components” or the “Company”).  Headquartered in Bethlehem, PA, Hygrade is a... Read Story

MB Business Capital recently provided an $8 million senior credit facility to Plano, Texas based WM Coffman Resources, LLC (“Coffman”). Coffman is the market leader in the residential stair parts industry within the United States. They are a one-stop... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $55 million term loan and asset based revolver to support the continued growth strategy of The Mitchell Gold Co. d/b/a Mitchell Gold + Bob... Read Story

TCF Capital Funding, a division of TCF National Bank, announced that it provided $12.75 million in secured financing to support Wincove Private Holdings, LP in its acquisition of Bluff Manufacturing (“Bluff” or the “Company”). Wincove partnered with... Read Story

Antares Capital announced it is serving as administrative agent and joint lead arranger on a $136 million senior secured credit facility to support the acquisition of Meadows Behavioral Healthcare (“The Meadows”) by Kohlberg & Company, LLC... Read Story

Bank of America Business Capital recently closed a $50 million revolving credit facility to Twin-Star International, Inc.  Proceeds from the loan were used to help finance the acquisition of the company by private equity sponsor, Z Capital Partners... Read Story

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it has promoted Nicholas O’Brien and Robert Joyce to Officer and that it has hired Andrew Hendricks as Senior Associate.O’Brien... Read Story

CSG Investments, Inc., a global buy-and-hold institution headquartered in Dallas, TX, announced a $360 million debt refinancing facility for Texas-based Panda Power Funds, with funding provided by Beal Bank."Beal Bank was the lender for a senior loan... Read Story

Ares Capital Corporation is serving as the administrative agent, joint lead arranger and joint bookrunner for a $1.075 billion unitranche credit facility in support of the acquisition of Qlik Technologies, Inc. by Thoma Bravo, a leading private... Read Story

NXT Capital announced that it has upsized its existing senior credit facility for Material Handling Services to $153 million to cover add-on acquisitions. Material Handling Services is a portfolio company of CI Capital Partners.  NXT Capital acted as... Read Story

Building on an existing relationship with Diversis Capital, a private equity group based in Santa Monica, CA, Gibraltar Business Capital set up a creative working capital  financing facility for a Diversis portfolio company, Martin Archery. Martin... Read Story

Manufacturing was the most active industry for closing deals valued at $75 million or less in the first quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred operating partner for finance and financial... Read Story

Patterson Medical, a leading distributor of rehabilitation, sports medicine and assistive patient products, has signed a definitive agreement to acquire Performance Health, a leading manufacturer and supplier of consumer branded health, wellness and... Read Story

MB Business Capital recently provided a new $5.7 million  senior credit facility to Sparks, Nevada based Via, Inc. Via is a designer and manufacturer of branded, ergonomically advanced office chairs. The company was founded in 1987 with a focus on... Read Story

PNC Bank announced the addition of Blake Kenny, senior vice president with the senior secured financing team in the Midwest. Based in Troy, MI, Kenny will be responsible for business development and loan origination sourced from middle-market... Read Story

CIT Group Inc. announced that CIT Healthcare Finance served as joint lead arranger and syndication agent for a $65 million senior secured credit facility to Blue Wolf Capital Partners, a private equity firm that specializes in responsibly... Read Story

NXT Capital announced that it has provided financing to support Regent Holding Company’s acquisition of Illume through an amendment and expansion of Regent’s existing senior secured credit facility. NXT provided the original senior secured credit... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Southern Air & Heat by private equity sponsor, MSouth Equity Partners.Based in the Southeast... Read Story

TCF Capital Funding, a division of TCF National Bank, announced the hiring of Andrew Barnes as Vice President. “We are very excited to have Andrew join our team,” said Joe Gaffigan, TCF Capital Funding’s President. Andrew brings an extensive lending... Read Story

Leading commercial cleaning and outsourced facility maintenance company, Capital Contractors, Inc. recently closed on a $5 million financing facility from its current majority owner, an affiliate of Palladium Equity Partners, LLC. Founded in 1932... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $20.3 million senior credit facility to support the acquisition of a business services company by private equity sponsor, Source Capital... Read Story

Renovo Financial, a Chicago-based private lender that assists real estate investors who acquire, renovate and manage residential properties, announced it has closed an incremental $25 million commitment from Victory Park Capital (VPC), an investment... Read Story

Capital One served as administrative agent and lead bookrunner for a $65 million senior secured credit facility to support the acquisition of National Home Health Care Corporation by Blue Wolf Capital.  National Home Health Care (NHHC) is... Read Story

Siena Lending Group announced the completion of a three-year $7.0 million senior secured credit facility to New Dalton Corporation. The facility will be used to finance Speyside Equity’s (majority owner) and Beckner Clevy Partners stock acquisition... Read Story

Monroe Capital completed the successful optional redemption of 100% of the Notes for MC Funding 2006-1, a middle market CLO that closed on December 21, 2006.  The $409.5 million-middle market CLO, managed by Monroe Capital Management LLC, generated a... Read Story

Fifth Third Bancorp announced that William Tyson has been hired to become co-head of Fifth Third Capital Markets, reporting to Lars Anderson, executive vice president and chief operating officer.In addition to teaming with Bob Marcus on the overall... Read Story

PNC Riverarch Capital announced the recapitalization of Feeders Supply Company, LLC, a leading specialty retailer of pet food and supplies headquartered in Louisville, Kentucky. The transaction also included a significant re-investment by President... Read Story

LBC Credit Partners provided $40.0 million senior secured credit facilities to support the acquisition of SourceLink Acquisition LLC (“SourceLink” or the “Company”) by an affiliate of Aterian Investment Partners (“Aterian”). LBC Credit Partners... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior secured credit facility to support the refinancing of Solterra Recycling Solutions, a portfolio company of Roark Capital.Based in Ewing... Read Story

Antares Capital announced it is serving as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition of SambaSafety by ABRY Partners. Headquartered in Albuquerque, NM, SambaSafety provides... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the acquisition of Twin-Star International, Inc. (“Twin-Star”) by private equity sponsor, Z Capital Partners... Read Story

Oxford Finance announced the closing of a senior credit facility with Diversis Capital, LLC, a private equity firm focused on acquiring and growing small- and middle-market companies. Oxford was the sole lender and administrative agent for this... Read Story

Gross & Janes Co. (G&J) has completed a recapitalization, including an asset-based revolving credit facility from Siena Lending Group LLC and a term loan provided by CapX Partners.  FocalPoint acted as exclusive financial advisor to G&J.Headquartered... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on a $63 million senior credit facility to support an investment in Familia Dental Group Holdings, LLC (“Familia”) by private equity sponsor, The Halifax... Read Story

Antares Capital is serving as administrative agent and lead arranger on a $224 million senior secured credit facility to support the acquisition of TK Enterprises (“TKE”) by The Jordan Company.Founded in 1994 and headquartered in Dallas, TX, TKE is a... Read Story

Antares Capital is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Momentum Textiles by The Riverside Company.Headquartered in Irvine, CA, Momentum Textiles... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on a $42.5 million senior credit facility to support the acquisition and future growth initiatives of Alloy Wheel Repair Specialists, Inc. (“Alloy”) by private... Read Story

PNC Bank, N.A. announced the addition of three experienced bankers to the senior secured financing team: Eugene Leary, senior vice president; James Clifton, senior vice president; and Nathan Love, vice president. All will be responsible for business... Read Story

Drybar Holdings LLC, a leading blow dry-only concept, announced the placement of $40.9 million in credit facilities to fund continued growth and working capital for its salon and products businesses, as well as to retire existing debt.As... Read Story

Hastings Equity Partners, a private equity firm focused on investing in lower middle-market energy services and equipment companies, is excited to announce its fifth Fund III platform investment in Cactus Fuel, LLC. PNC Financial Services provided... Read Story

ORIX USA, a diversified financial services company, announced the formation of IX Capital Partners, a new investment initiative of its majority-owned subsidiary, Mariner Investment Group LLC (Mariner). IX Capital Partners – Private Equity is seeking... Read Story

Blue Harvest Fisheries announced the acquisition of seven Massachusetts-based scallop vessels and related shoreside assets from Harbor Blue Seafood, Inc. and related affiliates (“HBS” or “Harbor Blue”). Blue Harvest now owns 15 scallop vessels and... Read Story

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided a senior debt facility to support Glencoe Capital in recapitalizing Clearbrook Farms.Clearbrook Farms, based out of... Read Story

Liberty Hall Capital Partners announced the acquisition of Bromford Industries, a leading supplier of complex, close tolerance engine components, fabrications and assemblies and landing gear components for the global aerospace and power generation... Read Story

H.I.G. Capital, a leading global private equity investment firm with €18 billion of equity capital under management, announced the appointment of Giuseppe Mirante as Managing Director of Bayside Capital, the distressed debt and special situations... Read Story

TCF Capital Funding (TCFCF), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation announced that it provided a $24.5 million facility to support Mangrove Equity Partners in the merger of Computer Aided Technology, LLC... Read Story

Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $27 million term loan to Cascade Capital Group, LLC. These funds were used to purchase three skilled... Read Story

Vance Street Capital LLC, a Los Angeles-based private equity firm, has acquired A&E Medical Corporation, a leading medical device OEM designer and contract manufacturer primarily focused on single-use products used in cardiovascular procedures. This... Read Story

Antares Capital announced that it has hired Vivek Mathew as managing director, head of Structured Products. Mathew will join Antares in the second quarter of 2016.“We’re excited to have Vivek join us as we look to diversify our capital structure and... Read Story

Sheridan Capital Partners, a Chicago-based lower middle-market private equity firm, announced an equity investment into Europa Sports Products (“Europa”), a Charlotte-based wholesale distributor of sports and fitness supplements. Sheridan will merge... Read Story

TCF Capital Funding (TCFCF), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it increased its existing credit facilities to support  Innovative Office Products (“IOP”), a portfolio company owned by... Read Story

New Canaan Funding, a long-term mezzanine financing partner to the private equity community, announced that Dennis Robleski has joined the firm as a partner.  Robleski brings over 30 years of experience in middle-market leveraged capital and in... Read Story

Victory Park Capital (VPC), an investment firm focused on private middle market debt and equity investments, announced Upacala Mapatuna has joined as chief investment officer. Upacala will bring more than 20 years of financial industry experience and... Read Story

The PrivateBank has provided both debtor-in-possession financing and $20 million in senior secured exit financing to Cardiac Science Corp. Cardiac Science is a global leader in the manufacturing and marketing of automated external defibrillators... Read Story

Thoma Bravo, LLC, a leading private equity investment firm, has completed fundraising for Thoma Bravo Discover Fund (“Discover”). The fund – which will focus on lower middle-market software investments – closed with $1.074 billion of commitments... Read Story

CIT Group announced that CIT Healthcare Finance served as lead arranger for a $190 million senior secured credit facility to help finance the combination of Vertical/Trigen Holdings, LLC (Vertical/Trigen) with Osmotica Holdings Corp Limited... Read Story

Antares Capital announced it is serving as administrative agent and lead arranger on a $145 million senior secured credit facility to support the acquisition of AIM Aerospace by Liberty Hall Capital Partners. Headquartered in Renton, WA and founded... Read Story

PNC Bank, N.A., announced the following appointments to its senior secured lending teams in the Western and Midwest regions: Ankur Gupta in San Francisco and Michael Bishop in Grand Rapids, MI.Based in San Francisco, Ankur Gupta has been appointed... Read Story

Antares Capital announced the recent appointment of Melina Higgins as independent board chairman, and the election of two new independent board members, Mark Furlong and Diane Nordin, to the Antares Midco, Inc. board of directors.    “Our new board... Read Story

NXT Capital announced that it has provided a $50.5 million senior secured credit facility to support Tenex Capital Management’s acquisition of Ohio Medical Corporation.   NXT Capital acted as the sole lead arranger, administrative agent, and sole... Read Story

Wynnchurch Capital, a $2.3 billion middle market-private equity firm, today announced the formation of Wynnchurch Industries, LLC, a new platform company which has been established to invest in industrial materials companies. The new platform will be... Read Story

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $22.2 million senior credit facility to Houston, Texas based T&L Distributing, LTD. T&L is one of the largest flooring distributors in the nation, with... Read Story

Nautic Partners, LLC (“Nautic”), a leading middle-market private equity firm that focuses on investments in the healthcare, industrial products, and outsourced services sectors, has successfully completed its fund raising for Nautic Partners VIII... Read Story

Insignia Capital Partners LP has closed its debut oversubscribed fund at $358 million. The fund’s limited partners include endowments, public pensions, consultants, insurance companies, family officers and fund of funds. The pool will target North... Read Story

Antares Capital LP and Antares Holdings LP (collectively, “Antares”) and LStar Capital (“LStar”), the credit affiliate of Lone Star Funds announced that they will jointly provide access to unitranche loans for middle market borrowers through the... Read Story

CI Capital Partners LLC, a New York-based private equity firm, announced the closing of its third fund, CI Capital Investors III, L.P. (the "Fund" or "Fund III"). Fund III was in the market for less than three months and closed at the Fund's target... Read Story

Franklin Square Capital Partners announced the origination of a new senior secured loan to Pittsburgh Glass Works, LLC (PGW), a leading North American manufacturer, supplier and distributor of automotive glass products. Franklin Square and GSO... Read Story

Monroe Capital LLC acted as sole lead arranger and administrative agent on a $25.1 million senior credit facility to support the acquisition of Complete Nutrition, Inc. by private equity sponsor, Dominus Capital, L.P.Based in Omaha, Nebraska and... Read Story

CIT Healthcare Finance served as joint lead arranger, joint bookrunner and administrative agent for a $118 million senior secured credit facility for Wellspring Capital Management, LLC, a leading middle-market private equity firm. The financing... Read Story

Antares Capital announced it is serving as lead arranger and administrative agent on a $183.5 million unitranche credit facility in support of the acquisition of Direct Travel by ABRY Partners.Direct Travel, headquartered in Denver, CO, is a provider... Read Story

NXT Capital announced that it has provided a $40 million senior credit facility to fund Swander Pace Capital’s acquisition of Captek Softgel International, Inc. NXT Capital was the lead arranger, administrative agent and sole bookrunner for this... Read Story

Now deep into the holiday season, some observers are cautiously optimistic towards the outlook for the retail sector, while others are outright skeptical. At the same time, the private equity community remains interested in retail, believing that the... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on a $31.4 million unitranche credit facility to support the recapitalization of Worldwise, Inc. and ongoing innovation and product development, as well as future... Read Story

SierraConstellation Partners, an interim management and advisory firm to middle-market companies in transition, announced Drew McManigle has joined the firm as a managing director. McManigle has more than 25 years of experience in operational... Read Story

Audax Group (“Audax”), a leading alternative asset management firm specializing in investments in North American middle market companies, announced the successful final close of Audax Private Equity Fund V at its hard cap of $2.25 billion of... Read Story

Ares Capital Corporation is providing additional details on its financing commitments closed during the third quarter of 2015. Financing commitments made by Ares Capital in the third quarter totaled over $1.5 billion.“In the third quarter, we... Read Story

Antares Capital and American Capital, Ltd. announced they were co-lead arrangers of a $170 million unitranche facility to support the acquisition of Kele, Inc. by Snow Phipps Group, LLC.  Antares Capital acted as agent.  Kele is an independent... Read Story

NXT Capital and MidCap Financial announced they have provided an $85 million senior secured credit facility to support Freeman Spogli & Co.’s investment in Regent Holding Company, LLC. NXT Capital and MidCap Financial were joint lead arrangers and... Read Story

CIT Group Inc. served as Joint Lead Arranger in a senior secured credit facility to support Audax Group, an alternative asset management firm specializing in investments in middle market companies, in its acquisition of Techniks Industries, a leading... Read Story

PNC Bank, N.A., announced the appointment of David Mengel, executive vice president, to head up the technology finance team based in San Francisco. With 30 years of banking experience, Mengel will relocate to oversee PNC’s accelerated build out of... Read Story