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The Goldman Sachs Group announced several actions to better serve corporate and investor clients and grow its business in private credit, private equity and other asset classes. The firm is creating the Capital Solutions Group, which will combine and... Read Story

Filed Under: Banking News
January 16, 2025 @ 08:15 AM

JOANN Inc., the nation’s category leader in sewing and fabrics with one of the largest arts and crafts offerings, has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate a sale process to... Read Story

Filed Under: Bankruptcy
January 16, 2025 @ 08:12 AM

Apollo and Standard Chartered PLC announced a long-term strategic partnership to support and accelerate financing for infrastructure, clean transition and renewable energy globally, leveraging the leading origination and distribution capabilities of... Read Story

Filed Under: Industry News
January 16, 2025 @ 08:10 AM

Garrington Capital announced the appointment of Tammy Kemp to the position of President of Garrington.“Tammy's strategic vision and commitment to excellence make her the ideal leader to drive Garrington's continued growth and success," said Toreigh... Read Story

January 16, 2025 @ 08:05 AM

Colbeck Capital Management raised $700 million in capital commitments for its third flagship fund, Colbeck Strategic Lending III (the “Fund” or “CSL III”), exceeding its target by 40%. The Fund received strong support from both existing Colbeck... Read Story

Filed Under: Industry News
January 16, 2025 @ 08:03 AM

MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the closing of $73,200,000 in total bridge and working capital financing for a portfolio of seniors housing and healthcare properties across Ohio.   The... Read Story

Filed Under: Nursing Facilities
January 16, 2025 @ 08:01 AM

AlixPartners announced that David Garfield and Rob Hornby have been appointed to serve as Co-Chief Executive Officers, effective February 1, 2025. The new Co-Chief Executives, both of whom are currently in senior leadership roles at AlixPartners... Read Story

January 16, 2025 @ 08:00 AM

nFuison Capital provided a $5 million factoring facility to a Alaska-headquartered Company that provides welding, fabrication, and steel erection services to the mining, oil field, and construction industries. With long-term experience in the state... Read Story

Filed Under: Specialty Industries
January 16, 2025 @ 07:51 AM

Houlihan Lokey announced that Riccardo Cazzoli has joined the Consumer Group as a Managing Director, focused on the firm’s consumer health efforts. He is based in New York.Cazzoli joins from Lincoln International, where he was a Managing Director and... Read Story

January 16, 2025 @ 07:30 AM

MidCap Financial provided a $17.5 million senior secured credit facility to Kellenberger, a portfolio company of Centre Lane Partners, LLC. Proceeds from the MidCap Financial credit facility will support Kellenberger’s ongoing working capital... Read Story

Filed Under: Manufacturing
January 16, 2025 @ 07:20 AM