News

Brookfield’s private wealth platform has launched the Oaktree Asset-Backed Income Fund (OABIX), an evergreen interval fund intended to provide U.S. individual investors with access to Oaktree’s asset-backed finance (ABF) expertise. The fund’s strategy is diversified across sectors, collateral types and...

JPalmer Collective (JPC), an asset-based lending firm dedicated to supporting high-growth, women-owned and -led, and natural products companies, closed a $6.5 million line of credit to Om Mushrooms, a company in functional mushrooms. “Functional mushrooms have become one of the...

Positive Development, a provider of developmental therapy for autistic children and their families, closed a debt financing facility for up to $45 million provided by Silicon Valley Bank (SVB), a division of First Citizens Bank, and Pinegrove Venture Partners. The...

Pelthos Therapeutics, a biopharmaceutical company committed to commercializing innovative therapeutic products for unmet patient needs, secured financing from Horizon Technology Finance, an affiliate of Monroe Capital, with an initial funding of $30 million, and up to $20 million to support...

Beautifi Financial Solutions launched a new underwriting facility designed to expand access to commercial equipment financing for aesthetic, medical and dental clinics. The underwriting facility is supported by Travelers Financial Solutions (TFS), a strategic shareholder in Beautifi Financial Solutions. TFS’...

More than 700 lots of excess gear from Solotech’s 200,000-square-foot rental depot in Las Vegas go to gavel in a Tiger Group online auction concluding Jan. 22. With an at-cost value of $20 million, the items include projectors, truss, video...

King & Spalding added Mae Rogers to its finance and restructuring practice group as a partner. She is based in the New York office. Rogers focuses her practice on leveraged finance transactions, including borrower side representations and lending related to...

Cascadia Capital, an investment bank serving middle market clients globally, promoted Kerri Hagen to managing director within the firm’s financial sponsors group. Hagen works closely with Cascadia’s industry and product teams to support the firm’s growing base of financial sponsor...

KORE Capital, a provider of accounts receivable-based working capital financing, extended a $3 million facility to support an entrepreneur whose expanding subcontract with a major global professional services firm outpaced their available resources. After leaving their role at a global...

The Hedaya Capital Group recently provided a $1 million factoring facility to a Texas-based telecom infrastructure contractor, specializing in telecom wireless tower buildouts and upgrades. With $5 million in projected 2026 sales, the company specializes in the design, development and...