News

Hilco Real Estate Finance (HREF), the UK-based specialist bridging lender, launched a new suite of lower-priced lending products and a Q4/24 lending target of £100 ($132.1) million.

The Red Lobster restaurant chain exited from chapter 11 restructuring and completed its acquisition by RL Investor Holdings.

Zerto raised $33 million in equity financing, which will allow the company to draw up to $20 million in additional venture debt under an existing credit facility. Poalim Capital Markets joined the round as a new investor.

Ares Management, a global alternative investment manager, closed Ares U.S. Real Estate Opportunity Fund IV. Ares raised over $3.3 billion to invest in opportunistic real estate in the U.S. through equity commitments to the fund and related transaction vehicles.

Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp, hired Michael Schulze as a vice president and commercial banking officer based in Turlock, CA.

Guggenheim Securities served as financial advisor to Form Technologies, a global group of precision component manufacturers, in the company’s TSA which intends to eliminate $240 million of funded debt and extend the maturity of its revolving credit facility term loan.

Barclays has signed a new private cloud services deal, confirming HPE GreenLake Cloud by Hewlett Packard Enterprise (HPE) as a core pillar to Barclays’ hybrid cloud strategy. The new deal marks an extension of the initial cloud partnership the bank...