Ares Management Corporation announced that funds managed by its Credit Group closed approximately $13.8 billion in U.S. direct lending commitments across 90 transactions during the fourth quarter of 2024 and approximately $48.2 billion in direct...
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February 05, 2025 @ 08:15 AM
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Balbec Capital, an alternative investment manager with over $16 billion in platform assets, announced the successful final closing of InSolve Global Credit Fund VI (“IGCF VI”), which between the flagship fund and related vehicles, raised over $1.7...
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February 05, 2025 @ 08:05 AM
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SG Credit Partners, through its Commercial Finance division, announced its partnership with a leading regional off-price apparel retailer. The senior debt investment refinances an existing bank facility to provide enhanced liquidity and covenant...
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February 05, 2025 @ 08:00 AM
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WSFS Bank, the primary subsidiary of WSFS Financial Corporation appointed Kathryn Bittner to the position of Senior Vice President, Chief Operating Officer, Commercial Banking, reporting to James (Jim) Wechsler, Executive Vice President and Chief...
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February 05, 2025 @ 07:58 AM
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There were 539 commercial chapter 11 filings recorded in January 2025, a 16 percent increase from the 465 commercial chapter 11s in January 2024, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Overall...
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February 05, 2025 @ 07:51 AM
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EB5 Capital, a Regional Center operator in the EB-5 industry, secured a $100 million credit facility with EagleBank, one of the largest community banks in the Washington, DC area. This new credit facility, which doubles the firm’s previous $50...
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February 05, 2025 @ 07:50 AM
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Monroe Capital has expanded its platform to Australia with the appointment of Galen Fu as Director, Business Development. Fu will be based in the firm’s Sydney, Australia office and will be responsible for client servicing and capital raising across...
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February 05, 2025 @ 07:45 AM
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Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is acting as Joint Lead Arranger on a $325 million senior secured credit facility for Solidcore, a Pilates workout fitness chain based in...
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February 05, 2025 @ 07:44 AM
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Republic Business Credit closed out a dynamic 2024 with a time-sensitive $4,500,000 asset-based loan to an innovative organic clothing manufacturer located in Los Angeles, California. Republic refinanced an existing loan from a private credit fund...
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February 05, 2025 @ 07:38 AM
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Tiger Group announced an executive-level promotion that positions the company for further growth at a time of rising demand for its financial, disposition, asset-valuation and advisory services. Ryan Davis has been promoted to Chief Operating Officer...
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February 04, 2025 @ 08:15 AM
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