News

HighVista Strategies, an employee-owned specialty alternative asset manager, closed $270 million in capital commitments for HighVista Venture Capital Fund XIV. The fund was oversubscribed, surpassing its $200 million target with commitments from a diverse group of limited partners, including a...

Tensec, a fintech startup focused on providing cross-border financial services, secured a $60 million credit facility with Upper90 Capital Management. The financing enables Tensec to expand its annual trade volume from $500 million to $5 billion, addressing surging demand from...

Amzak Capital Management closed a $200 million warehouse facility with Axos Bank to support the continued expansion of its multifamily construction lending platform under Amzak Capital Partners. This is Amzak’s second warehouse facility in this asset space. “This facility is a major milestone...

Fernway Solutions, an accounting and advisory firm known for its cross-border expertise and entrepreneurial approach, has joined global business consulting firm EisnerAmper. “From the very beginning, Fernway has been about more than accounting—it’s about walking alongside our clients as they...

Gateway Trade Funding, a purchase order and stretch financing company, completed the following stretch finance transactions: A $615,000 facility for a U.S. tech staffing company A $150,000 facility for a U.S. apparel company A $250,000 facility for a U.S. steel fabricator...

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...