News

Thrive Financial, a Virginia-based technology platform for point-of-sale financing of home improvement projects, connecting homeowners, merchants and lenders nationally, closed an asset purchase facility with TPG, a global alternative asset management firm. Under the agreement, TPG has committed to purchase...

Northpoint Commercial Finance (Northpoint), a diversified finance company that provides flexible inventory lending and floorplan financing solutions, has partnered with Arctic Cat to be the exclusive financier of its dealer network across the United States and Canada. “Partnering with Northpoint...

Dechert hired Jim Wetwiska, a first-chair energy and technology trial lawyer and a board advisor in commercial transactions, to establish the firm’s upcoming Houston office. Wetwiska focuses on complex business, energy, product liability and software litigation, including business torts, health...

Milestone Bank appointed Mark T. Yung as chairman, CEO and president. In addition, Yung has been appointed as CEO board member of Milestone Capital Partners. Yung’s business building sophistication, which spans institutional banking leadership and hands-on operating experience as an...

Oaktree Capital Management and Anchorage Capital have built positions in the bankruptcy financing of First Brands Group, adding to the roster of investors involved as the auto parts supplier races to secure fresh liquidity, Bloomberg News reported. The two firms...

Mountain Ridge Capital (MRC) closed a $15 million senior secured credit facility to a midwestern-based manufacturer and distributor of both consumer and industrial products.  The MRC facility was used to refinance existing senior debt and will be utilized for working capital purposes...

Churchill Asset Management, the U.S. private capital affiliate of Nuveen Private Capital, has raised over $16 billion in committed capital for its most recent senior lending program, representing the firm’s largest capital raise to date. This milestone includes the closings...

Eldridge and Carlyle AlpInvest announced the successful closing of Eldridge Diversified Credit Fund I (EDCF I or the Fund), the inaugural fund in Eldridge’s diversified credit platform. As part of the transaction, Carlyle AlpInvest and its co-investors made an equity...

KBRA released research that considers the themes that matter for private credit in 2026. KBRA believes 2026 will be a pivotal year for the broader private credit landscape. The firm expects strong growth across a wide range of rated private...

Chicago Atlantic acted as joint lead arranger and administrative agent on a senior secured credit facility to S1 Enterprises. The Company is the parent of Illicit, a vertically integrated cannabis operator with established operations in Missouri and New Jersey. Proceeds...