News

5C, a next-generation AI infrastructure and data center solutions provider, secured $835 million of capital to fuel its rapid growth. The funding includes equity financing led by Brookfield Asset Management and debt financing led by Deutsche Bank. Brookfield is investing through its infrastructure...

CohnReznick, a professional services firm, added Jennifer Witts to its client advisory services (CAS) practice as partner. Based in Chicago, Witts brings expertise in driving innovation, managing large-scale transformation projects and evolving services to continually add value and meet client...

Portage Point Partners, a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, added Robert Albergotti as managing director to the turnaround and restructuring services (TRS) practice. Albergotti has spent more than two decades...

Star Mountain Capital, a specialized, alpha-focused, employee-owned private markets investment firm with over $4 billion in assets under management, announced the transition of Peter K. Scaturro, Sr. from Senior Advisor to Vice Chairman. Mr. Scaturro has been serving as a Senior Advisor...

Third Point, an alternative asset manager with approximately $21 billion in assets, secured $400 million of investible capital for the first close of the Third Point Insurance Solutions Fund I, the firm’s first dedicated and rated structured private credit fund...

Burke & Herbert Financial Services made key hires aimed at enhancing the company’s commercial banking, treasury management and deposit growth teams. The new appointments augment the company’s ability to service its commercial client base while adding capacity for additional growth....

Hilco Real Estate Finance (HREF), the specialist bridge lender and subsidiary of Hilco Global, made a significant reduction in its lending rates, in most instances in excess of one percentage point per annum. Depending on collateral, rates may be reduced...

Loren R. Lembo joined Katten as a partner in the firm’s transactional tax planning practice, growing the roster of talented attorneys based in the New York office. “Loren strengthens our ability to deliver strategic, tax-efficient solutions on the most sophisticated...

Quickpay Funding established a $500,000 invoice factoring facility for an expanding commercial janitorial company specializing in office cleaning and maintenance services. This new facility is designed to provide the essential cash flow needed to support the company’s recent contract wins...

Encina Private Credit provided a $150 million commitment consisting of a revolver and term loan in the $525 million senior secured credit facility. Encina is serving as revolver agent in support of Centerbridge Partners and VSS Capital Partners portfolio company...