News

Pasadena Private Lending (PPL), a provider of senior secured business loans to successful entrepreneurs nationwide, closed on a new $150 million credit facility with KeyBank, expandable to $300 million. This new facility grows PPL’s overall capital base from $160 million...

SLR Healthcare ABL (SLRHC) provided a $15 million asset-based revolving credit facility to a tech-enabled specialty pharmacy focused on women’s health with experience and market leadership in fertility treatment. The opportunity was referred to SLRHC by a private equity sponsor...

Viola Credit, a global multi-strategy credit asset manager focused on the innovation economy, completed the final close of its latest fundraise for its third asset-based lending strategy. The fund is oversubscribed at $2 billion of committed and investable capital, including...

Crestline Investors, a global alternative investment manager, launched Crestline Lending Solutions Fund (CLSF), a perpetual private BDC that utilizes the firm’s longstanding private credit expertise seeking to deliver income and incremental alpha through a focus on core and lower middle...

BMG Money secured a $300 million financing facility with Utah-based WebBank, a national issuer of consumer credit products, and Waterfall Asset Management. This new facility, combined with BMG Money’s existing warehouse lines and forward flow arrangements, brings the company's total...

First Citizens Bank’s healthcare finance business provided a $338 million in financing to affiliates of Autumn Lake Healthcare for the acquisition of a real estate portfolio totaling 12 Maryland skilled nursing facilities including over 1500 beds. “The First Citizens team...

Jefferson Capital, an analytically driven purchaser and manager of charged-off, insolvency and active consumer accounts, amended and extended its senior secured revolving credit facility via a syndication led by Citizens Bank. Key components of the amendment include, among other items:...

An apparel and accessories licensee of a global athleticwear brand came to Aurous with a maxed-out ABL line and zero inventory availability. The company’s lender was willing to increase the line on the AR side, but wanted to minimize exposure...

Conor Larkin joined global law firm Hogan Lovells’ corporate and finance practice group as a partner in the mergers and acquisitions practice. Larkin will be based in the firm’s Philadelphia and Houston offices. “We are thrilled to have Conor joining...

Squire Patton Boggs added Heather E. Rees as a partner in the financial services practice group. Rees is joining the firm’s global platform, with a primary focus in the United Kingson and the United States. Her arrival marks the latest...