News

Maxim Commercial Capital added Lyndon “Lyn” Elam as chief operating officer. Elam brings over 20 years of financial services experience spanning multiple specialty finance sectors to Maxim, where he is responsible for executing the company’s operating strategy and leading its...

Washington Trust appointed James C. Brown as senior executive vice president and chief commercial banking officer. In this key role, Brown will be responsible for all commercial banking activities, including commercial real estate, commercial and industrial, business banking, private clients...

TPG Twin Brook recently served as administrative agent on debt financing to support Trinity Hunt Partners-backed Herringbone Digital’s, a local digital marketing services platform focused on the dental, legal, home services and healthcare verticals, add-on acquisition.

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...