Today’s News

    Signature Launches Fund Banking Division, Byrne Named Head

    Signature Bank launched its new Fund Banking Division, dedicated to providing financing and banking services to the private equity industry. Tom Byrne, named managing group director and head of the Fund Banking Division, will lead the bank’s nationwide platform.

    OnDeck Creates ODX to Help Small Banks Digitize Services

    OnDeck launched ODX, a new company that will focus on helping banks digitize their small business lending process. ODX will operate as a wholly-owned subsidiary of OnDeck with Brian Geary serving as president.

    Santander Taps Aldin To Head Expanded Commercial Banking Team

    Santander Bank expanded its Commercial Banking presence in the Southeast region and has named Fred Aldin market director for Southeast commercial banking to lead the expansion. Santander also named Alex Terzi head of Southeast foreign direct investment banking.

    Abacus Leads $25MM Facility to Support The Phia Group Recap

    Abacus Finance Group served as administrative agent and lead arranger for $25.5 million in senior secured credit facilities to support the growth recapitalization of The Phia Group by WestView Capital Partners.

    Coastal Community Bank Appoints New Chief Credit Officer

    Coastal Community Bank appointed Daniel J. Lee executive vice president and chief credit and risk officer. He will oversee the management and strategic direction of credit and risk, audit and compliance, and BSA activities.

    ING Agents $745MM Sustainability Linked Facility for Gunvor

    Gunvor Group closed an innovative $745 million secured borrowing base facility that includes performance commitments related to Gunvor’s sustainability targets.

    Navazio Joins Seward & Kissel Corporate Finance Practice

    Michele (Miki) Navazio joined Seward & Kissel as a partner in its Corporate Finance practice in New York.

    CRG Provides $100MM Term Loan to NanoString

    NanoString Technologies entered into a new $100 million term loan facility with the CR Group, a health care focused investment firm.

    Vistara Capital Partners Launches $100 Million Debt Fund

    Vistara Capital Partners launched its third fund, the Vistara Technology Growth Fund III LP, with a goal to raise $100 million to provide debt financing in the technology industry.

    Independent Bank Expands Fort Worth Lending Team

    Independent Bank Group named Barry Kromann executive vice president, Fort Worth Area president and Marshall Boyd VP senior mortgage officer.