News

Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, appointed Jeffrey Seiden as executive vice president, portfolio and underwriting. Seiden will work closely with Legacy’s originations team and...

There were 825 commercial Chapter 11 filings in November 2025, an increase of 20% from the 687 filings registered in November 2024, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. The rise in overall...

FTI Consulting appointed four senior hires in its transformation practices in London. Jan Timmermann, Malvinder Singh and Rakhi Williams join the firm as senior managing directors and Irina Bakanova joins as a managing director. Their arrival strengthens the firm’s investment...

Eastern Bank added The Sourcing Group (TSG) as a new commercial banking customer. Eastern Bank will be a key financial resource in fueling the continued growth and success of TSG. “We’re proud to support The Sourcing Group with their day-to-day...

Assembled Brands Capital provided a senior secured facility to support Stately, a California-based men’s stylist-curated clothing subscription service. This flexible, non-dilutive capital will help the DTC-only business continue its subscriber growth and inventory purchases. The accordion-style facility is in place...

Rubicon Organics, a licensed producer focused on cultivating and selling organic certified, premium and super-premium cannabis products, confirmed the closing of its credit agreements with Community Savings Credit Union. The company has received $3 million from the capital loan and...

Howard Levkowitz, co-founder of Tennenbaum Capital and former Chairman of US Private Capital at BlackRock, has joined Gracie Point as Non-Executive Chair. Howard brings decades of expertise in structured finance, asset-backed securities, and specialty finance to Gracie Point as the...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of K2 Services, Epiq Global Business Transformation Services and Forrest Solutions by private equity sponsor Renovus Capital Partners....

KKR promoted eight partners and 39 managing directors, effective Jan. 1, 2026. “At KKR, our success starts with our people and is strengthened by our culture and values, which are at the heart of everything we do. The leaders we...

The Hedaya Capital Group recently provided a $1 million factoring facility to a branded and private label women’s sweater and knitwear wholesaler. Since pandemic supply chain challenges, the company has refocused their business on the fall/winter seasons. With a more...