News

EXL, a global data and AI company, closed a new credit facility with PNC Bank as administrative agent, and a syndicate of lenders that allows for borrowings of up to $1 billion. Bank of America, JPMorgan Chase Bank and TD...

Northleaf Capital Partners, a global private markets investment firm, completed the final close of Northleaf Asset-Based Specialty Finance (NASF), its inaugural low-correlation asset-based specialty finance fund. The strategy raised ~US$450 million in commitments to NASF and co-investment vehicles investing alongside...

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, acquired California- and Washington-based family law litigation support practice from The Kaseno CPA Firm....

Dimension Energy, a developer, owner and operator of distributed energy infrastructure, secured $857 million of additional capital to accelerate the growth of its distributed solar platform. The new capital comprises a $200 million upsize of the company’s corporate credit facility,...

Flexential, a provider of secure and flexible data center solutions, has established an $800 million credit facility to accelerate the development of new data center capacity in markets where the company’s customers are growing and demand continues to build. The...

Cornerstone Business Credit recently funded a multi-million-dollar asset acquisition for a company in the eyeglass industry. The management team acquired the assets of a 50+-year-old business sold by its secured bank lender through an Article 9 sales process. The transaction...

SouthStar Capital, a private direct lender, closed a working capital facility for a growing workforce services company. With a stable and diversified customer base, the business sought additional working capital to support expanding operations and meet the demands of a...

CohnReznick, a professional services firm, added Dane Samson as a tax partner in financial services. Samson brings more than 25 years of public accounting experience advising clients across the alternative investment industry. His background includes leadership roles at Big 4...

H.I.G. Capital, a global alternative investment firm with $75 billion of equity capital under management, added Tim Hsu and Chris Todisco to its capital formation group as managing directors. Hsu is based in San Francisco and will lead capital raising...

Aperture Investors, an alternative asset manager and part of Generali Investments, expanded its litigation finance private credit platform, bringing the platform to more than $600 million in assets and approximately $1 billion in total investment capacity. The new strategy will...