SMBC Agents $150MM Emerald Energy Revolving Facility Advancing Renewable Energy Projects

Emerald Energy Venture, a joint venture of National Grid, secured an innovative $150 million portfolio revolving facility, with an accordion feature up to $250 million. SMBC was lead arranger, bookrunner, green loan coordinator, collateral and administrative agent.

July 23, 2021 Alexandra Lewis | Carl Adams | Emerald Energy Venture | National Grid | SMBC Rita Garwood

Kreos Capital Provides $12MM Motus GI Term Loan to Support Growth Strategy

Motus GI Holdings refinanced its debt and expanded its long-term credit facility with a new loan agreement with Kreos Capital for up to $12.0 million, which replaces its previous term loan agreement with Silicon Valley Bank.

July 23, 2021 Chris Church | Kreos Capital | Kreos Capital VI LP | Motus GI Holdings | Tim Moran Rita Garwood

CarVal Investors Launches Clean CLO Product Line

CarVal Investors will expand its CLO platform by creating and managing CLOs that will focus on public and private companies with favorable ESG risk scores.

July 23, 2021 CarVal Clean CLO platform | CarVal Investors Rita Garwood

KKR 2021 Mid-Year Macro Outlook Not the ‘Same as It Ever Was’

KKR released its 2021 mid-year outlook piece by Henry McVey, CIO of KKR’s Balance Sheet and head of Global Macro and Asset Allocation. The key message to investors is to get long pricing power and collateral-based cash flows.

July 22, 2021 Henry McVey | KKR Ian Koplin

White Oak Commercial Finance Expands Retail Finance Offering to Meet Growing Demand

White Oak Commercial Finance expanded its retail offering with the formation of its national retail finance group to meet the growing demand for custom funding solutions by retail companies pivoting their business models to meet fast-changing market trends.

July 22, 2021 Andy McGhee | Bill Kearney | Bob Grbic | Charles Sharf | Gino Clark | Martin Efron | White Oak Commercial Finance | White Oak Global Advisors Ian Koplin

Crestmark Provides More Than $81.5MM in Commercial Financing to 82 Businesses in H2/June

Crestmark provided more than $81.5 million in commercial financing to 82 businesses in the second half of June. The asset-based lending and factoring financial solutions are to be used for various purposes such as working capital and to pay off an existing lender.

July 22, 2021 Crestmark | MetaBank Ian Koplin

J.P. Morgan Leads Financing to Support Unifrax Acquisition of Lydall

Unifrax, backed by Clearlake Capital Group, signed definitive agreements to acquire Lydall, a designer and producer of specialty filtration materials and advanced material solutions. A syndicate of banks led by J.P. Morgan provided committed debt financing to support Unifrax’s acquisition of Lydall.

July 22, 2021 Clearlake Capital Group | Lydall | Unifrax Ian Koplin

CohnReznick Wins Two Global M&A Network 2021 Turnaround Atlas Awards

CohnReznick was honored twice in the 2021 Turnaround Atlas Awards presented by Global M&A Network in a virtual awards ceremony.

July 22, 2021 CohnReznick | Cynthia Romano | Global M&A Network | Jeff Manning | Kevin Clancy | Molly Jobe | Vinni Toppi | Ying Zheng Ian Koplin

VION Investments Provides Investment Capital to GemCap

VION Investments, an Atlanta-based provider of funding to companies managing receivable assets, provided investment capital to GemCap. This partnership combines with GemCap’s expertise with incremental capital to create a new source of funding for markets underserved by traditional lenders.

July 21, 2021 David Ellis | GemCap | Stacey J. Schacter | VION Investments Ian Koplin

Pemberton Launches Wealth and Asset Management Solutions Initiative

Pemberton, a European private credit manager backed by Legal & General Group, launched Pemberton Wealth & Asset Management Solutions. This new initiative is aimed at providing access to private debt opportunities in Europe to wealth and asset managers and their clients.

July 20, 2021 Michele Baldessarini | Pemberton | Pemberton Wealth & Asset Management Solutions | Symon Drake-Brockman Ian Koplin