News

Provident Bank, a New Jersey-based financial institution, promoted Jessica Dudick to senior vice president, team leader with the bank’s Monmouth/Ocean C&I lending team. Dudick is based in the bank’s Iselin, New Jersey office and is responsible for managing a team...

FTI Consulting appointed Damon Yousefy as a senior managing director in the transactions practice within the firm’s corporate finance segment. Yousefy, who is based in Dallas, specializes in restructuring and bankruptcy tax and has worked on numerous notable debt restructurings...

The Office of the Comptroller of the Currency (OCC) has terminated Axiom Bank’s Formal Agreement dated October 3, 2024, effective April 29, 2026. This marks the successful completion of a transformation that has reshaped the institution’s governance, risk management infrastructure...

Ares Capital and Ares Strategic Income Fund (ASIF) completed renewals, commitment increases and enhanced terms for each of their respective bank-led revolving credit facilities. Ares Capital increased the commitment on its existing credit facility by approximately $170 million to approximately...

Alpine Ridge Funding (ARF), an accounts receivable commercial finance company, hired Jay Jaskiewicz as director of portfolio and loan operations. Jaskiewicz will collaborate with the rest of the ARF team as he leads the portfolio and loan operations with a...

Culain Capital closed and funded a $5 million accounts receivable financing facility for a growing beverage company specializing in the sourcing, importation and commercialization of premium natural mineral waters from around the world. The new working capital facility was structured...

Trinity Capital, an alternative asset manager, acquired Equipment Leasing Services (ELS), a provider of flexible equipment finance options to businesses across the Southwest in various sectors including manufacturing, transportation, construction and aerospace. With over 25 years in operation, ELS brings...

Monroe Capital acted as lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Cornerstone Caregiving by private equity sponsor Warburg Pincus. Founded in 2020 and headquartered in Waco, TX, Cornerstone is...

SouthStar Capital closed a $3 million combined purchase order and accounts receivable financing facility for a Charlotte-based provider of critical power solutions. The company, an established supplier of uninterrupted power equipment to commercial customers, experienced a significant increase in order...

Matthew Grunert rejoined global law firm Norton Rose Fulbright’s employee benefits and executive compensation practice, enhancing the firm’s ability to support clients on all aspects of complex transactions. Based in Houston, Grunert previously practiced with the firm as an associate...