Monroe Capital closed a $455 million term debt securitization known as Monroe Capital MML CLO XI. The term financing is Monroe Capital’s sixth CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans.
Signature Financial, the specialty finance subsidiary of Signature Bank, launched two business lines: vendor industrial finance (VIF) and dealer lease and rental (DLR). Signature Financial chose Michael Mehosky to lead the VIF division and Michael Jones to lead the DLR platform.
Portage Point Partners, a business advisory and interim management firm that partners with stakeholders during periods of transition, underperformance and distress, hired Adam Chonich as a managing director.
Atalaya Capital Management, a private credit and special opportunities alternative investment manager based in New York City, took a passive, minority equity investment in Dakota Financial, an asset-based specialty finance company based in Los Angeles.
Eyenovia, a clinical stage ophthalmic biopharmaceutical company developing a pipeline of microdose array print therapeutics, entered into a new $25 million credit financing facility with Silicon Valley Bank.
Alterna Capital Solutions completed a $60 million transaction providing growth capital to a Florida-based healthcare staffing resource company. The deal is the largest transaction to date in the three-year-old firm’s history.
White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a $25 million asset-based senior credit facility for Aspen Skilled Healthcare, which will use funds to finance ongoing working capital.