Lawrence Perkins announced the launch of Sierra Constellation Partners, an interim management and advisory firm to middle-market companies facing financial restructurings, or operational and ownership transitions.
Goldman Sachs has registered a specialty finance company, Liberty Harbor Capital, which will be regulated as a BDC. The company will focus on middle-market companies that have been underserved in recent years by banks.
Gateway Commercial Finance formed a new division, Sentinel Portfolio Solutions, to provide its platform for invoice and collateral management to asset-based lenders, community banks and specially finance companies.
Triumph Bancorp said it has launched Triumph Capital Advisors, a credit-focused investment management firm with an emphasis on investing in senior secured bank loans.
Factoring company Gateway Commercial Finance announced the launch of Sentinel Portfolio Solutions to support community banks that desire to lend to small businesses but lack the expertise and infrastructure.
Monroe Capital announced Ty Dealy has joined the firm as a managing director to establish an Atlanta office and will lead the firm
First Business Financial Services announced that through its asset-based lending company, First Business Capital, it has entered the factoring business with the hiring of three experienced factoring professionals. The business will operate as First Business Factors.
Monroe Capital LLC announced it has launched MC Healthcare Finance, a new finance company that will provide asset-based funding for healthcare companies throughout the U.S. James Irwin and Terry Cady will lead the new enterprise.
CIT said it has launched CIT Maritime Finance, which will originate and underwrite blue water vessel financing. Svein Engh was appointed managing director and group head of the business.
Private equity firm American Capital announced the expansion of its activities into the energy infrastructure sector with the formation of American Capital Infrastructure, which will be led by Paul Hanrahan, CEO.