Oxford’s Healthcare Real Estate Group Closes More than $867MM in Capital Commitments in 2022

Oxford Finance and its healthcare real estate group closed a company record level of originations in 2022, with Oxford providing more than $867 million of capital commitments. The group closed a total of 14 transactions, with credit facilities ranging from $9 million to over $124 million.

February 3, 2023 Oxford Finance Ian Koplin

Gordon Brothers to Sell Machinery & Equipment Formerly Used by José Sánchez Peñate

Gordon Brothers, the global advisory, restructuring and investment firm, will sell private treaty machinery and equipment from four plants in the Canary Islands formerly leased by the firm to José Sánchez Peñate, a Spanish food products manufacturer and distributor.

February 3, 2023 Duncan Ainscough | Gordon Brothers | José Sanchez Peñate Ian Koplin

Octaura Completes First Fully Electronic Syndicated Loan Trades

Octaura, the electronic trading platform for syndicated loans, executed its initial syndicated loan trades. Upon the success of the initial syndicated loan trades, the company will move forward with releasing its beta version for loan trading sessions prior to official launch.

February 3, 2023 Brian Bejile | Octaura Ian Koplin

Federal Reserve Boosts Interest Rates, Says ‘Inflation Has Eased Somewhat’

The Federal Reserve announced that it will raise the target range for the federal funds rate to between 4.5% and 4.75%, marking a quarter point increase. The move was less drastic than its seven rate increases in 2022, with all but one of those lifting rates by three quarters of a point.

February 2, 2023 Federal Reserve | Interest Rates Ian Koplin

Great Lakes Business Credit Rebrands as Bridge Business Credit

Great Lakes Business Credit announced a rebranding, with the new name of Bridge Business Credit. Under its new name, the Bridge Business Credit team of experienced financial professionals will serve operating companies located throughout the Central and Eastern U.S. time zones.

February 2, 2023 Bridge Business Credit | Great Lakes Business Credit | Rhett B. Rowe Ian Koplin

Atalaya Capital Management Closes Eighth Special Opportunities Fund at $1.8B

Atalaya Capital Management completed fundraising for its eighth Special Opportunities Fund (ASOF VIII). The oversubscribed fund closed with $1.8 billion of commitments given significant support from both new and existing partnerships with investors.

February 1, 2023 ASOF VIII | Atalaya Capital Management | Ivan Zinn Ian Koplin

KBRA Assigns Preliminary Ratings to Monroe Capital ABS Funding II

KBRA assigned preliminary ratings to five classes of debt issued by Monroe Capital ABS Funding II (MCAF II), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.

January 30, 2023 KBRA | Monroe Capital Ian Koplin

Commercial Lending Startup Foro Launches

Foro, a Charlotte-based fintech startup, launched its digital commercial lending platform.

January 27, 2023 AME Cloud Ventures | Correlation Ventures | Dave Godsman | Fin Capital | Foro | Hugh McColl Jr. | TTV Capital Ian Koplin

Citizens Business Conditions Index Drops Sharply in Q4/22

Citizens announced its Citizens Business Conditions Index (CBCI) dropped to 48.5 in Q4/22, ending a streak of eight consecutive quarters in growth mode above 50 and reflecting cooling sentiment as rate hikes from the Federal Reserve have their intended effect.

January 26, 2023 Citizens | Eric Merlis Ian Koplin

Haversine Funding Provides $52.6MM in Recent Financings

Haversine Funding recently provided $52.6 million in financing to various companies.

January 25, 2023 Haversine Funding Ian Koplin