News

Davis Polk added Oran Ebel as a partner in the investment management practice in New York. He joins the firm after more than 12 years with Blackstone Credit & Insurance. “Oran is a sophisticated credit funds lawyer with significant experience...

Fed rate cut provides modest relief as ABL market adapts to shifting dynamics The Federal Reserve's 25 basis point rate cut to 4.00%-4.25% on September 17 marked the central bank's first reduction in nine months, providing modest relief to asset-based...

eCapital, a tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, appointed Estevan Ruiz as head of credit and risk for its transportation division. Ruiz, a seasoned finance professional in commercial and transportation...

Octagon Credit Investors, a credit-focused asset manager, expanded its private credit platform with the appointment of Sean Sullivan as managing director and head of private credit, and Michael Ahrens, who will join the firm on Sept. 22 as principal. “The...

Lee Gibson, CEO and director of Southside Bancshares and Southside Bank, a subsidiary of the company, will retire, effective Dec. 31, 2025. Gibson will continue as a director of the company and the bank. Succeeding him as CEO upon his...

Refresco, the global independent beverage solutions provider, completed a repricing of its Term Loan B facilities in both EUR and USD. The transaction reduces margins by 50 basis points on each facility, aimed at strengthening the company’s capital structure and...

OneDigital, an insurance brokerage, financial services and workforce consulting firm, secured a majority investment from funds managed by Stone Point Capital and Canada Pension Plan Investment Board (CPP Investments). The transaction values OneDigital in excess of $7 billion and will support the...

Dechert advised Blue Torch Capital, a U.S. middle-market direct lender offering bespoke credit solutions, on a credit facility to support HALO Dream Inc.’s acquisition of Child Craft, a trusted American brand known for its high-quality wood nursery furniture and decor....

Winston & Strawn represented Boost Run in its definitive business combination agreement with Willow Lane Acquisition, a publicly traded SPAC. The transaction values the combined company at an estimated $614 million and is expected to close in Q4/25, subject to...

J.P. Morgan announced that Andrew (“Drew”) Ray has been appointed as the new global head of Asset Based Lending within Capital & Advisory Solutions, Commercial Banking. Ray brings more than 18 years of experience at the firm, where he has...