News

Lioncrest Ventures, a new purpose-built venture, debuted and initially raised $30 million toward its $100 million multi-strategy platform spanning both equity and credit funds. “Our mandate is simple: to provide the right capital to the right companies,” Leib Bolel, managing...

Knight Therapeutics, a pan-American (ex-U.S.) specialty pharmaceutical company, entered into a revolving credit facility with National Bank of Canada (NBC). Knight has withdrawn C$60 million from the credit facility to fund a portion of the Paladin acquisition. The credit facility...

Ansley Park Capital, a premier lending and specialty finance platform, announced the appointment of Kathleen “Kathy” Berryman as Managing Director, Sponsor Coverage. Berryman sat down with Monitor, ABF Journal's sister publication, to discuss her new role. Read the full article...

Glytec, a provider of an AI-powered technology platform for diabetes and related conditions, closed a $36 million growth investment led by Savitr Capital and Hayfin Capital Management. This funding will fuel the continued expansion of Glytec’s platform, including its flagship Glucommander SaaS...

Lazydays Holdings executed amendments and waivers with its credit facility lender syndicate led by M&T Bank and its mortgage lender, an affiliate of Coliseum Capital Management, that will help to enhance the company’s liquidity position and further fortify its financial...

HALO AirFinance, a joint venture between GA Telesis and Tokyo Century, closed a senior term loan facility for an established Middle East-based cargo operator. The financing of a mature Boeing 747-400ERF aircraft helped the airline raise funds for working capital...

Grant Thornton Advisors entered agreements to expand the multinational platform it formed in January with Grant Thornton Ireland. The platform will now include Grant Thornton Switzerland/Liechtenstein and Grant Thornton in the Channel Islands. Earlier this year, Grant Thornton Advisors announced...

PlainsCapital Bank promoted Shelly Chambers to wealth management market manager for the Fort Worth region of The Private Bank at PlainsCapital. Chambers joined The Private Bank in 2023 as senior vice president, senior wealth administrator and has more than 30...

Haversine Funding, a capital partner to the specialty finance market, funded a wave of transactions from senior and junior lender finance lines of credit to participations in factoring, ABL, bridge loans, equipment lenders and more. Some select recent closings include:...

Wintrust Business Credit (WBC) closed a new $100 million asset-based revolving line of credit to this Midwest-based distributor. WBC acted as the administrative agent and lead arranger for the new credit facility. The company had a 20+ year relationship with...