News

Colbeck Capital Management, a middle-market private credit firm focused on strategic lending, launched Colbeck Strategic Income (CSI), a new direct lending vertical, with an initial capital commitment of approximately $400 million. CSI focuses primarily on first-lien senior secured loans to...

White Oak UK (WOUK), an affiliate of White Oak Global Advisors, plans to launch a new private credit strategy designed to support UK reindustrialization by providing financing for manufacturing modernization, industrial capacity, capital equipment, infrastructure and supply chain resilience. The...

GA Advisory & Valuation Services, a subsidiary of GA Group, launched a dedicated financial due diligence (QoE) practice, expanding its suite of transaction advisory services. The new practice will be led by Ryan Irby, appointed managing director and national practice...

Solar Landscape, a platform for distributed energy infrastructure built on commercial real estate, closed an oversubscribed $125 million revolving credit facility led by M&T Bank, with participation from Flagstar Bank, Atlantic Union Bank and Valley Bank. The facility expands an...

SouthStar Capital closed a $600,000 combined purchase order and accounts receivable financing facility for a Georgia-based government contractor and manufacturing company. Following the award of a federal contract, the business required additional working capital to fund supplier costs and fulfill...

Ultimate Finance launched its semi-commercial bridging loan to its full UK broker network following a successful trial with select broker partners. The product offers short-term funding of up to £4 million for properties that combine both residential and commercial elements....

Arra Finance, a nonprime auto finance company, closed its inaugural auto receivables asset-backed securitization (ABS) transaction. “In less than two years, Arra has scaled into a credible, disciplined participant in the auto ABS market,” Steven Lackowski, chief financial officer of...

Provident Bank, a New Jersey-based financial institution, appointed Adriano Duarte to executive vice president and chief financial officer of Provident Bank and Provident Financial Services, effective July 1, 2026. In his new role, Duarte will lead all aspects of the...

Tiger Group will offer surplus rolling stock and other equipment from global power company Cummins in an online auction opening on June 23 and closing on June 30. Surplus to the ongoing operations of Columbus-based Cummins, the assets include tractor...

BriteCap Financial, a data-driven finance company dedicated to improving the financial health of small businesses, formed a new integration with Cloudsquare, an AI-powered lending platform built natively on Salesforce to help brokers and lenders fund more deals. The integration gives...