News

Monroe Capital closed Monroe Capital PCL CLO 1, a $730.7 million term debt securitization. This marks Monroe’s third CLO transaction in 2025 and is secured by a portfolio of lower and traditional middle market senior secured loans. The issued debt...

Brightwood Capital Advisors, a private credit firm with more than $6 billion in assets under management (as of Sept. 30, 2025), assumed the management of two private credit funds previously managed by Capital Dynamics. Under the terms of the transaction,...

Clearside Biomedical, a biopharmaceutical company, has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As part of the case, Clearside also intends to file a motion...

Republic Business Credit, a national commercial finance company offering working capital and accounts receivable management solutions, partnered with an emerging electronic bicycle company. Republic will manage the credit and collections function for the company and provide credit protection services to...

CohnReznick, a professional services firm, added Jaime Reichardt as partner and the new state and local tax (SALT) practice leader. As an experienced SALT attorney and advisor, Reichardt joins CohnReznick with extensive leadership and multi-state tax experience. A recognized industry thought...

Westaim appointed Andrew Rabinowitz as president and general counsel of Arena Investors Group (AIG). The appointment follows Westaim’s strategic transaction earlier this year with CC Capital, a private investment firm focused on investing in and operating high-quality businesses for the...

NexBank Capital, a financial holding company based in Dallas, promoted Brian Ralston to executive vice president, chief operating officer of the company, effective Nov. 21, 2025. In this expanded leadership role, Ralston will focus on the operational alignment and integration...

CB Financial Services, the holding company of Community Bank, appointed Craig L. Kauffman has been appointed to the board of directors, effective Nov. 20, 2025. Kauffman was also appointed to the board of directors of Community Bank. In addition, Kauffman...

EBSC Lending provided a $27.1 million construction loan for a new multifamily community in Orlando. The fully entitled project is scheduled for completion in 2027. Construction is set to begin immediately. EBSC Lending arranged financing at an 8.75% interest rate,...

T-Max Lending has successfully arranged financing for the construction of a mixed-use commercial complex in Decatur, IL. The loan was structured at an 8.9% interest rate with an 85% loan-to-value (LTV), a 24-months term and a six-month extension option. The...