News

State Street Investment Management, the asset management business of State Street, launched the State Street Short Duration IG Public & Private Credit ETF (PRSD). The fund is an actively managed short-term core bond solution, primarily allocating to investment grade debt...

Global professional services firm Alvarez & Marsal’s (A&M) global transaction advisory group (global TAG) has appointed Htike Htike Kyaw Soe as a managing director within its global transaction analytics (GTA) unit. In her role, Kyaw Soe will help shepherd artificial...

Archway launched as a new private credit firm focused on delivering creative asset-based loan (ABL) and lender finance solutions to middle-market companies, backed by $500 million in committed capital. Led by founder and CEO Andrew S. McGhee and a team...

Hancock Whitney Business Capital, the asset-based lending (ABL) division of Hancock Whitney, has added four commercial finance professionals to its ABL team. Joeanthony Leyva, Bryce McCormick, Ivan McGlathery and Heather Thompson will help expand the asset-based lending platform for middle-market...

Aequum Capital Financial, a specialty finance lender backed by Castlelake, closed a new $250 million debt facility lead by Wells Fargo. The facility will be used to further support Aequum’s mission of providing customized senior debt solutions ranging from $5 million to $35 million to small...

Private credit investment manager MA Asset Management, via its affiliated funds, together with KeyBank as senior lender, completed a $175 million financing facility to Healthcare Finance Direct (HFD), a provider of patient financing solutions in the elective medical space. “We’re...

SLR Business Credit (SLRBC) funded a new senior secured credit facility for Lyneer Staffing Solutions (LSS). With sales projections of over $500 million for 2025, LSS needed a lender with direct experience in the staffing space that did not need...

Trinity Capital, an alternative asset manager, committed $15 million in growth capital to TQA, a company in agentic automation, data and AI consulting, partnering with organizations to streamline operations and improve efficiency. “In today’s fast-paced environment, TQA is addressing a...

Callodine Group launched the Callodine Specialty Income Fund (CALIX), a closed-end interval fund designed to provide investors with high current income through exposure to private credit and other yield-oriented investment strategies. CALIX was designed to expand access to the firm’s...

Latham & Watkins added Rolaine Bancroft to its Washington, D.C. office as a counsel in the structured finance practice. Bancroft most recently served as chief of the Office of Structured Finance in the U.S. Securities and Exchange Commission’s division of...