Neiman Marcus emerged from voluntary Chapter 11 protection. The company’s new owners, including PIMCO, Davidson Kempner Capital Management and Sixth Street, are funding a $750 million exit financing package.
Aubrie De Sylva joined FrontWell Capital Partners’ deal originations team as vice president and Kevin Freer and Andrew Isaac joined the underwriting team as vice president and assistant vice president, respectively.
Brown Gibbons Lang & Company established a debt capital markets group with the addition of Jason Sutherland, Olivier Lopez and Collin Supple. Sutherland and Lopez joined as managing directors and Supple joined as a vice president.
According to the latest PNC semi-annual survey for small and mid-size business owners and executives, businesses are adapting amid the COVID-19 pandemic by making major changes to their operations, including increased use of technology.
Based in London, Jan-Erik Back, Duncan Sherriffs and Alex Boyce joined Stifel, bringing with them the advisory business of Galiant Partners. Together, they have more than 50 years of combined experience as investors, advisors and lenders.
Northern Trust added Justin Miller and Chris Dulieu as relationship management and client service leaders to its Middle East and Africa executive team to support business growth and expand local service and solutions expertise.
Those practicing in and for skilled-nursing facilities (SNFs) expected failure and death at rates greater than other healthcare settings because of “pre-existing conditions” of the industry, according to an article in the ABI Journal.
Companies are planning on retaining remote work options to a greater degree than they did before the COVID-19 pandemic once workplace restrictions ease, according to the Q3 AICPA Economic Outlook Survey.