Marathon Fund to Target Bank-Shunned Assets
Bloomberg reported Marathon Asset Management is seeking to raise a $500 million fund to capitalize on a lending void left by primarily-U.S. banks, according to a person with knowledge of the matter.
Bloomberg reported Marathon Asset Management is seeking to raise a $500 million fund to capitalize on a lending void left by primarily-U.S. banks, according to a person with knowledge of the matter.
King Trade Capital announced the recent funding of a $4 million PO facility for a California-based, high-end men’s apparel designer and manufacturer.
Bloomberg reported that U.S. regulators trying to force banks to maintain enough capital to survive a severe economic shock have signaled a shift in rules that may cause banks to stop growing some of the their businesses.
Financial services providers are failing to connect with the millennial generation, according to a new study by BNY Mellon and the University of Oxford.
Trive Capital Partners announced its partnership with L.A.R.K. Industries.
RadioShack said it might have to file for bankruptcy protection, or liquidate, if it can’t find a solution to its current liquidity problems.
The SEC announced accounting and disclosure fraud charges against Wilmington Trust for failing to report the true volume of its loans at least 90 days past due. The bank has agreed to pay $18.5 million to settle the charges.
Spine Pain Management announced the opening of a $2 million revolving line of credit with Wells Fargo bank at attractive terms.
Mackinac Partners was awarded the 2014 Transaction of the Year – Large Company Award by the TMA for Mackinac’s work with AgFeed Industries.
365 Data Centers said it raised $16 million in funding from Crosslink Capital and Housatonic Partners and has secured a $55 million credit facility from Fortress Credit.