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Week's News

First Bank appointed Donna Calderaro as Market Executive for its Asset-Based Lending (ABL) business. In this role, she will report to Michael Maiorino, President of ABL and Florida Commercial Banking.Since the launch of First Bank’s ABL division in... Read Story

March 14, 2025 @ 08:15 AM

Axos Bank, the nationwide bank subsidiary of Axos Financial Inc., announced the launch of its Middle Market Banking Division. Led by industry veteran Kristian (Kris) Ilkov, Axos will look to capitalize on disruptions in certain industry verticals.... Read Story

March 14, 2025 @ 08:14 AM

Overland Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo, announced that it served as lead arranger for a... Read Story

Filed Under: Business Services
March 14, 2025 @ 08:10 AM

Mitsubishi HC Capital America announced the addition of Scott Schrenker to its construction team as a Business Development Manager. This new hire aligns with the company’s growth in the construction markets and provides additional resources to extend... Read Story

March 14, 2025 @ 08:04 AM

BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, provided a $35 million construction loan to Yuval Shram’s Tay Investments to build a 6-Story, 202-Unit Residential Development at 277-301 West Side Avenue in Jersey... Read Story

Filed Under: Real Estate
March 14, 2025 @ 08:02 AM

GA Group and A&G Real Estate Partners announced plans to auction 790 retail store leases and five distribution centers in conjunction with the wind down of operations of fabric and crafts retailer, JOANN, Inc. following its filing for Chapter 11... Read Story

Filed Under: Bankruptcy
March 14, 2025 @ 07:59 AM

Alvarez & Marsal (A&M) announced the appointment of Andrew Harris as a Managing Director in its Private Equity Performance Improvement (PEPI) Group, Co-Leader of the Commercial Excellence service line, helping private equity (PE) clients uncover... Read Story

March 14, 2025 @ 07:53 AM

Oxford Finance announced its Board of Managers has appointed Timothy A. Lex as President and Chief Executive Officer. J. Alden Philbrick, IV, who founded the company and has served as the Company’s Chief Executive Officer since inception, will assume... Read Story

March 13, 2025 @ 08:15 AM

Silicon Valley Bank (SVB), a division of First Citizens Bank, entered into a strategic lending relationship with Pinegrove Venture Partners (Pinegrove). SVB and Pinegrove expect to deploy a combined $2.5 billion in venture debt loans to technology... Read Story

Filed Under: Banking News
March 13, 2025 @ 08:12 AM

Capitala Group, a leading private markets investment firm providing capital solutions to lower middle-market companies, announced that its latest fundraise was oversubscribed with over $1.0 billion in commitments, including leverage, and separately... Read Story

Filed Under: Private Credit
March 13, 2025 @ 08:05 AM