News

ORIX USA completed the acquisition of a majority equity ownership of Hilco Global. Hilco Global will operate as a subsidiary of ORIX USA. The Hilco Global executive leadership team will retain a minority equity ownership position going forward. As part...

First Citizens Bank’s energy finance business provided a $60 million credit facility to Triple Oak Power, a U.S.-based renewable energy developer focused on developing sustainable energy plants. This new credit facility will be used to provide interconnection security postings for...

The number of distressed small businesses electing to file for subchapter V of chapter 11 of the U.S. Bankruptcy Code increased 17% to 200 last month from the 171 registered in August 2024, according to data provided by Epiq AACER,...

Benefit Street Partners, a credit-focused alternative asset manager with strategies spanning the credit spectrum, closed a $2.3 billion private credit continuation vehicle, BSP Debt Fund IV CV. This transaction was led by Coller Capital. BSP Debt Fund IV CV was...

Oak Hill Advisors (OHA), a global credit-focused alternative asset manager, closed the third vintage of its CLO equity fund, OHA CLO Enhanced Equity Fund III (OHCEE III), with total equity commitments of $1.1 billion. These commitments will enable OHA to deploy...

Amerisource Business Capital closed a $7 million senior credit facility to support an industrial printing company. The financing was used to facilitate an acquisition and provide working capital to support ongoing operations and growth. “This funding is a great example...

Eastern Bank is providing a line of credit and full suite of treasury management services to Genuine Food Lab. “Genuine Foods is a leading, national purpose-driven food service company focused on wellness and the highest quality hospitality,” said Greg Buscone,...

VSS Capital Partners, a private investment firm specializing in the healthcare, education and business services sectors, made two appointments. Brian Dreher has been appointed controller, succeeding long-time controller Michael Ambrose, who will be retiring at year-end after nearly three decades...

Nuveen Private Capital, comprising U.S. and European asset managers Churchill Asset Management and Arcmont Asset Management, has entered into a strategic partnership with Hunter Point Capital (HPC), an independent investment firm, and Temasek, a global investment company headquartered in Singapore....

Carleton, a provider of compliant loan calculation and disclosure solutions, released findings from a nationwide survey highlighting the extent to which lenders face ongoing compliance risks, calculation inaccuracies and regulatory change management challenges that impact both operations and customer trust....