News

NEW YORK--(BUSINESS WIRE)--Churchill Asset Management LLC, an investment-specialist of Nuveen, has closed its third collateralized fund obligation, NPC SIP 2024-1 (the "Long Duration Bond" or "LDB"). The $750 million transaction is structured as a long-duration bond and invests across the...

Fortress Investment Group is seeking to raise about $1.5 billion for its latest fund focused on asset-based financing, a key area of expansion for private market firms, according to a Bloomberg report citing people familiar with the matter. The new...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced that the Company has received $192.1 million in cash tax refunds from the advanced manufacturing tax credit under Section 48D. Funds include $186.5 million owed to the Company for both fiscal 2023...

NEW YORK, March 28, 2025 /PRNewswire/ -- Atlantic Street Capital ("ASC"), a private equity firm that invests in lower middle market companies poised for the next level of growth, today announced a partnership with Dynamic Campus (the "Company"), a leading...

City National Bank has appointed Joe Yurosek as president of Commercial Banking, the company announced. Yurosek, who brings more than 30 years of experience in financial services, will be based in Los Angeles. He will oversee several critical business lines,...

SSG Capital Advisors, LLC ("SSG") served as the investment banker to Blue Spark Technologies, Inc. ("Blue Spark" or the "Company") in the sale of substantially all assets to BST Technology Acquisition, Inc. The transaction closed in March 2025. Blue Spark...

March 28, 2025 – Wilmington, Del. — Gastrobar operator Bar Louie has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware, securing a debtor-in-possession (DIP) financing facility that will allow the company to maintain...

 NEW YORK – March 27, 2025 – JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, today announced the closing of a line of credit to a woman-owned, private label baking company specializing in...

NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- Upper90 Capital Management, LP ("Upper90"), an asset-backed private credit firm, announced today the closing of an approximately $225 million credit facility for Crusoe, the industry's first vertically integrated AI infrastructure provider. The...

CHICAGO, March 27, 2025 /PRNewswire/ -- Aequum Capital is excited to announce that it has recently provided $12.5 million in credit facilities to an Illinois and Michigan based plastics manufacturer, specializing in custom blow-mold solutions. The credit facilities enable the...