News

Portage Point Partners, a blue chip advisory, consulting, interim management, investment banking and financial services firm focused on the middle market, welcomed Gary Pivovarnikas as managing director to the performance improvement (PI) practice based in the Philadelphia office. Pivovarnikas has...

KBRA, a company in global credit ratings and research, appointed Yasumitsu “Yasu” Iwasa as head of Japan. Iwasa brings nearly 30 years of experience in investment banking and asset management, having held senior roles at leading global financial institutions in...

CIFC Asset Management and its affiliates, an alternative credit specialist serving institutional investors globally, appointed Eamon Heavey as global head of marketing and investor relations. Heavey previously served as managing director at Man GLG and managing director, credit business development...

National Bank, the holding company for NBH Bank, signed a definitive merger agreement to acquire Vista Bancshares, the holding company for Vista Bank with operations in Dallas-Ft. Worth, Austin, and Lubbock, TX, as well as Palm Beach, FL. Upon completion...

Cardo AI, a technology platform for asset-based finance and private credit, formed a strategic partnership with Multitude Bank, a subsidiary of the listed Multitude AG. The collaboration will use Cardo AI’s platform to automate and streamline Multitude Bank’s asset-based lending (ABL)...

Faegre Drinker added Jared Hershberg to its corporate practice as a partner in the New York office. He joins from an international law firm. Hershberg’s arrival follows a series of recent additions to the New York office, including partners Dan...

Live Oak Bank has successfully deployed Cync Software’s, a provider of digital lending solutions, commercial spreading, credit assessment and portfolio monitoring platform to streamline financial spreading, automate credit risk analysis and monitor covenant compliance across its commercial portfolio. “Cync’s technology...

Haynes Boone represented March GL Company in a definitive merger agreement with Pelican Acquisitions and Greenland Exploration. The newly combined company has an implied valuation of $215 million and provides March GL with up to 70% ownership in licenses, covering...

Asset-based lending activity for the week ending Sept. 14, 2025, demonstrated strength with $2.3 billion in announced facilities despite manufacturing contraction and tightening credit conditions. The standout transaction was Gordon Brothers' $1.5 billion equipment finance joint venture with Davidson Kempner...

Bennelong Funds Management has signed a memorandum of understanding (MOU) and partnered with U.S.-based Monroe Capital to further expand its distribution to Australia and New Zealand. “Our alignment with Monroe Capital represents the third step in the process of moving...