Avidbank has expanded its venture lending division with four hires. Teaming up with Executive Vice President and Division Manager, Sam Bhaumik, and Senior Vice President, Northeast Regional Manager, Bob Foley, are industry veterans Randy Churchill, Porter McKay, Mike Berrier and Holly Hayes.
Law 360 reported that noted bankruptcy judge Kevin Gross will retire from the bench in March, 2020.
WhistlePig, a distiller of ultra-premium and luxury rye whiskey, has received a $55 million revolving line of credit from JPMorgan Chase, extending the existing $40 million line with JPMorgan Chase, which was received in April 2018. The credit facility will provide the company with incremental funding to accelerate the production and aging of premium rye whiskey.
Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group has appointed Timothy Alden as a managing director. Alden will co-head the firm’s aerospace, defense and government services coverage alongside co-head Jeremy Parker.
Phore, a blockchain platform, fintech ecosystem and B2B services organization, has appointed former Deloitte Consulting senior manager, Mike Trisko, as chief executive officer, effective immediately, along with other leadership changes.
Sidley Austin has added finance lawyer Leslie A. Plaskon to the firm as a partner in its Global Finance practice in New York. One of several recent additions to Sidley’s New York office, Plaskon joins from Paul Hastings, where she was a partner.
A team of Sadis attorneys led by Partner Paul J. Marino represented Apex Group in the acquisition of Broadscope Fund Administrators, a U.S.-based private equity fund administrator.
Jones Lang LaSalle (JLL) has named Neil Murray as Global CEO, Corporate Solutions, to succeed John Forrest, who is leaving JLL to return to Australia. Murray, who will be located in Chicago, will report to CEO Christian Ulbrich and join the company’s Global Executive Board. Mark Caskey will succeed Murray as EMEA CEO, Corporate Solutions. The changes are effective June 1.
TAB Bank has provided a $500 thousand revolving credit facility for a medical manufacturing company based in New York. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
Veteran banking executive, Joe Wilson joins Avidbank as the bank’s senior vice president, corporate banking division.