News

GradBridge, a newly launched fintech focused exclusively on second-look private student lending, today announced the closing of a $20 million Series A funding round led by Acorn Investment Partners, a portfolio company of funds managed by Oaktree Capital Management. The...

Neal Gerber Eisenberg (NGE) added Joshua M. Altman as a partner in its restructuring and insolvency practice group. Altman brings a dynamic blend of legal precision and entrepreneurial insight to NGE. With a career spanning top-tier firms, he has guided...

Sunwest Bank appointed Ben Xiang as its new chief technology and strategy officer (CTSO). With more than two decades of experience across entrepreneurship, enterprise technology and corporate strategy, Xiang will guide Sunwest’s technology roadmap to enhance its client-focused digital experience...

Obra Capital, an asset management firm with a specialized approach to alternative investing, added Genna Zaiman as managing director, real estate origination. In this role, Zaiman will help to expand Obra Real Estate’s (ORE) commercial real estate bridge-lending footprint across...

Abacus Finance Group closed Abacus Finance SBIC Fund I, raising $87.5 million in private capital for a total fund size of $262.5 million. The fund was oversubscribed and ultimately hit the hard cap. The fund leverages the U.S. Small Business...

Gordon Brothers, the global asset experts, has acquired the former Heartland Coca-Cola production facility in Lenexa, Kansas. Heartland Coca-Cola has expanded their operations to a larger facility and the production assets and property in Lenexa were no longer required as...

AEA Private Debt, AEA Investors’ private credit platform, and Carlyle AlpInvest, a global private equity investor, closed an approximately $550 million credit continuation vehicle. The transaction was led by Carlyle AlpInvest, which is also providing additional capital to support new...

WillScot, a company in innovative temporary space solutions, has amended its asset-based lending credit facility to reduce borrowing costs and extend the maturity date to Oct. 16, 2030. “We are pleased to announce the execution of the seventh amendment to...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Anderson Global, an affiliated portfolio company of Sun European Partners, LLP, a London-based private investment advisory firm....

Munger, Tolles & Olson (MTO) added Bridget Fitzpatrick as a partner in its Washington, D.C. office. Fitzpatrick previously served at the most senior levels of the U.S. Attorney’s Office for the District of Columbia and the U.S. Securities and Exchange...