News

WILMINGTON, Del.--(BUSINESS WIRE)--Faced with rising regulatory demands and operational pressures, general partners (GPs) are increasingly turning to outsourcing and technology to manage special purpose vehicles (SPVs) more efficiently. This trend is highlighted in a new report from CSC, the leading...

NEW YORK, May 13, 2025 /PRNewswire/ -- Backcast Partners ("Backcast"), a leading provider of debt and equity capital for middle-market companies, is pleased to announce the further expansion of its investment team. This growth supports not only the firm's strategic...

InvestBev, a private equity firm focused on the adult beverage industry and CPG, announced the closing of an eight-figure financing agreement with Registered Distillery One (RD1). The capital will be used to support the company's ongoing expansion and related growth...

NEW YORK--(BUSINESS WIRE)--KBRA releases research that provides a close examination of feeder fund rated notes that invest in evergreen funds, which have captured an increasing share of private credit capital in recent years. Unlike traditional closed-end funds, evergreen funds are...

CARLSBAD, Calif., May 13, 2025 /PRNewswire/ -- 24 Hour Fitness, the 40-year leader in health and fitness, announced the successful closing of a $305 million senior secured facility provided by affiliates of The TCW Group. This transaction marks a significant...

GAITHERSBURG, Md., May 13, 2025 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a late clinical-stage biopharmaceutical company developing novel peptide-based therapeutics for liver and cardiometabolic diseases, today announced that it has entered into an agreement with Hercules Capital, Inc. (NYSE:...

Fort Worth, TX — Equify Financial appointed Ritzon Fernandez as Senior Vice President of Sales. Fernandez offers a demonstrated history of success in commercial equipment finance and asset-based lending, complemented by extensive leadership experience overseeing regional sales operations. Before Equify,...

TORONTO--(BUSINESS WIRE)--PureFacts Financial Solutions ("PureFacts"), an award-winning provider of end-to-end revenue management solutions for the investment industry, today announced the appointments of two executives to its C-suite: Jennifer Bouyoukos as chief people officer (CPO) and JJ Jeffries as chief customer...

Sallyport Commercial Finance is proud to announce two new partnerships in the staffing industry, providing a combined $750,000 in accounts receivable financing facilities to help these growing businesses meet critical payroll demands. A $250,000 facility was established for a growing...

Versant Funding LLC is pleased to announce it has funded a $30 million non-recourse factoring facility to a company that manufactures and distributes furniture to major brick-and-mortar as well as online retailers. The factoring company this business had relied upon...