Ares Management Corporation announced that Kevin Alexander, Partner in Ares’ Alternative Credit strategy, has been promoted to Co-Head of Alternative Credit alongside current Co-Heads Keith Ashton and Joel Holsinger, effective immediately.Alexander...
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January 13, 2025 @ 08:15 AM
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BMO and Canal Road Group ("CRG") are entering into a strategic partnership. As part of the arrangement, BMO's commitment to CRG will enable CRG to invest up to $1 billion in capital in support of their direct lending strategy. CRG is an alternative...
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January 13, 2025 @ 08:10 AM
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Legacy Corporate Lending provided a $25 million asset-based credit facility to American Technologies, LLC (doing business as “888VoIP”). Founded in 2006 and headquartered in Orchard Park, New York, 888VoIP is a leading value-added reseller (VAR) and...
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January 13, 2025 @ 08:05 AM
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Huntington Business Credit closed $23,000,000 in new credit facilities with HCI-TSM Holding Corporation on December 23, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing capital expenditure and working capital...
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January 13, 2025 @ 08:00 AM
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WhiteHawk Capital Partners entered into an agreement with Nephron Pharmaceuticals to provide a $350 million asset-based credit facility. Nephron will use proceeds of the Financing to support a recapitalization and liquidity for continued...
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January 13, 2025 @ 07:53 AM
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AIP Capital, an alternative investment manager focused on opportunities in asset-based finance has expanded its leadership team with several new hires, including Chris O'Scannlain, Chief Risk Officer based in AIP's Stamford, CT office and Omar Mian...
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January 13, 2025 @ 07:34 AM
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BizCap successfully delivered a customized financing solution for its client, Flavor Insights. A flavor development business founded in 2016, the company partners with top food and beverage brands to provide ingredients for existing brands and...
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January 13, 2025 @ 07:04 AM
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MidOcean Partners, an alternative asset manager specializing in middle-market private equity, alternative credit, and structured capital, led a $197.5 million structured equity investment in OWN Equipment Fund I LLC, a newly formed special-purpose...
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January 13, 2025 @ 07:00 AM
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TPG Twin Brook recently served as administrative agent on debt financings supporting:
EagleTree Capital’s refinancing of Nasco Holdings, which includes two separate companies, Nasco Healthcare and Nasco Education, that focus on the healthcare...
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January 13, 2025 @ 06:00 AM
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CIBC US announced the promotions of Ron Kerdasha, Ramsey Naber and Susan Lanz within its Asset-based Lending (ABL) team. These promotions recognize their significant contributions and leadership abilities, reinforcing the bank’s commitment to helping...
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January 10, 2025 @ 08:15 AM
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