News

Great American (GA Group), a provider of financial advisory, valuation, asset disposition, investment banking and lending services and majority-owned by funds managed by Oaktree Capital Management, appointed Justin Anderson as managing director in the Midwest region and promoted Akilah Moore...

Cleary Gottlieb has promoted 15 partners and 16 counsel, effective January 1, 2027. This year’s promotions follow last year’s record class of newly promoted senior lawyers. This will bring total worldwide partners to 257 and counsel to 57. “At Cleary,...

AgroCap Financing, a specialty finance company supporting agri-food businesses across North America, announced it ranked No. 631 on the Inc. 5000 list. The annual list highlights the nation’s most successful independent, entrepreneurial businesses. Inc. will celebrate the honorees at the 2026...

Global law firm Ropes & Gray named 26 attorneys as partners of the firm, effective Jan. 1, 2027. “This is an extraordinary class. They know our clients’ industries deeply and they’re using AI to bring sharper insight to clients,” Julie...

California Bank & Trust (CB&T), a division of Zions Bancorporation and a financial institution serving businesses and individuals across the state, appointed Michael MacDonald as president. Reporting to CEO Eric Ellingsen, MacDonald will oversee CB&T’s commercial, corporate and specialty industry...

AAR, a parts, repair and software platform in the aviation aftermarket, amended its revolving credit facility, increasing total commitments to $1.375 billion, an increase of $550 million from the previous commitment of $825 million, and extending the maturity from December...

Republic Business Credit provided a $1 million factoring facility to a growing Southwestern fuel transportation and distribution company. The facility delivers immediate liquidity to support the company’s urgent working capital needs and revenue expansion. Because payment terms in the energy...

Asset-based lending supplied the week’s marquee transaction: Belk closed $1.275 billion of new senior secured facilities—a $900 million asset-based revolver and a $375 million first-in, last-out (FILO) term loan—with Wells Fargo as administrative and collateral agent and Pathlight Capital as...

Obra Capital closed its fifth collateralized loan obligation (CLO) offering (Obra CLO 5) at $403.6 million in size. The transaction brings Obra’s total CLO issuance to more than $2 billion across five issues in less than two years. Obra CLO...

H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, a global alternative investment firm with $75 billion of capital under management, arranged a debt package to finance combination of Be-Cloud and QualityHosting, backed by PSG Equity. The financing package will also...