News

Pemberton Asset Management, a European private credit manager, achieved its fundraise target for its first time NAV Financing Core Fund I at $1.7 billion, with total assets raised across its NAV Financing and GP Solutions strategies now amounting to $2.7...

Wolfspeed, a global company in silicon carbide technologies, received court approval of its plan of reorganization. Wolfspeed expects to emerge from Chapter 11 protection in the next several weeks. Upon emergence, Wolfspeed expects to reduce its debt by approximately 70%,...

The PNC Financial Services Group entered a definitive agreement to acquire FirstBank Holding Company, including its banking subsidiary FirstBank, headquartered in Lakewood, CO. The combination will propel Colorado to one of PNC’s top markets nationwide, more than tripling PNC’s branch...

Briar Capital Real Estate Fund closed a new $5.5 million real estate term loan to a fourth-generation, family-owned distributor of educational and recreational products. The transaction was referred to Briar Capital by a bank-owned asset-based lender seeking to exit the...

Winston & Strawn represented MOZAYYX, the lead investor, in connection with Eightco’s announcement of the pricing and execution of a private placement involving the sale of approximately 171,232,877 shares of common stock at $1.46 per share, for expected aggregate gross...

September jobs data stuns markets as private credit declares traditional investing “broken” The week ending September 7, 2025 delivered a seismic shift in middle market lending conditions as August employment data shocked markets with just 22,000 jobs created versus 75,000...

eCapital, a tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, funded a $6 million healthcare receivables facility to a dynamic skilled nursing operator in California for working capital needs. The facility will...

WSFS Financial, the parent company of WSFS Bank, added industry veteran Kevin Stach to its middle market team. As senior vice president, middle market senior relationship manager, Stach will be focused on serving family- and sponsor-owned companies with revenues between...

Amerisource Business Capital closed and funded an $8 million NAV loan facility for a private equity independent sponsor.  The sponsor is actively pursuing multiple acquisitions, and the NAV loan will provide additional liquidity to support its ongoing growth and investment...

Confluence Technologies, a global technology company in enterprise data, software and AI-driven solutions for regulatory, analytics and investor communications in the investment management industry, appointed Spiros Giannaros as CEO, effective immediately. Founder and CEO Mark Evans will transition to executive chairman and continue...