News

Global law firm Dechert advised Aberdeen Investments, a publicly listed company on the London Stock Exchange offering a wide range of investment solutions, on the formation of its new private credit fund abrdn Private Credit SCSp-RAIF and the first closing...

National law firm Hughes Hubbard & Reed is representing Indian software-services exporter Wipro in its purchase of U.S. based firm Harman Connected Services, the digital transformation solutions (DTS) arm of Samsung subsidiary Harman International, for $375 million. Chuck Samuelson leads...

JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-founded and natural products companies focused on the “conscious consumer,” closed a line of credit of $7 million to Cerebelly, a producer of organic, nutrient-rich baby food purees. “Cerebelly...

Sallyport Commercial Finance welcomed four new team members: Melissa McGuire, Camyren Grays, Jennifer Lawrence and Lorna Williamson, according to a LinkedIn post from the company. “Each addition strengthens our ability to deliver the service, creativity and commitment our clients deserve...

nFusion Capital, a provider of financing solutions to small and middle market companies in the construction industry, provided a $5 million asset-based lending facility to a Colorado-based specialty contractor in the commercial construction industry. The financing will support the company’s...

Deerpath Capital Management, a private credit manager in the U.S. lower-middle market, reset and upsized Deerpath CLO 2021-2, now a $479 million collateralized loan obligation (CLO). Deerpath CLO 2021-2, issued in December of 2021, was originally sized at $429.5 million....

PlainsCapital Bank welcomed Hudson Marshall as executive vice president, commercial banking and public finance. In this role, Marshall will lead the continued growth of PlainsCapital’s commercial middle market business in Dallas and oversee the bank’s public finance strategy. He will...

The second of three reports from Grant Thornton’s Digital Transformation survey — which gathered insights from more than 550 cross-functional senior executives across industries — revealed that while 93% of business leaders are investing in more technology, one-third (34%) said...

Kalli Christakos has rejoined Wells Fargo as the division sales executive for government banking. Based in New York, she reports to Elena M. Gallo, head of government banking. Christakos returns to Wells Fargo from JPMorganChase, where she worked since 2018...

Ankura Consulting Group, a global expert services and advisory firm, establishment its new Latin America business consulting practice. The new Latin America practice will be led by senior managing director Horacio Gomez. Based in Houston, Horacio has more than 20...