News

The SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV), the first exchange-traded fund designed to offer broad exposure to the private credit market, has received a mixed reception from investors and analysts since its February 27 debut. Managed...

Global mergers and acquisitions slowed in February, with no deals exceeding $10 billion announced during the month, according to data from S&P Global Market Intelligence. The lull in major transactions follows a strong start to 2025, which saw four deals...

ALEXANDRIA, Va. – Oxford Finance LLC announced a management succession plan, appointing Timothy A. Lex as President and Chief Executive Officer, while J. Alden Philbrick, IV, the company’s founder and long-serving CEO, transitions to the role of Executive Chairman and...

BETHESDA, MD – MidCap Financial, a leading commercial finance company specializing in middle-market transactions, has closed a $75 million senior secured credit facility for Dixie Group, Inc. The proceeds from the facility were used to refinance Dixie Group’s existing revolving...

PHOENIX – Trinity Capital Inc. (NASDAQ: TRIN), a leading international alternative asset manager, has appointed Zach Taffet as Director of Capital Formation & Investor Relations. In this role, Taffet will drive the strategic direction for private fund strategies and lead...

CHARLOTTE, N.C.  – Capitala Group, a private markets investment firm focused on lower middle-market companies, announced the successful close of its latest fund at $1.0 billion in commitments, exceeding its initial target due to strong institutional demand. The fund includes...

Middle market business leaders are navigating economic uncertainty with a mix of caution and confidence, with a majority planning to hire and invest in 2025 despite ongoing concerns about inflation, interest rates, and regulatory changes, according to a new survey...

NEW YORK – Alvarez & Marsal (A&M), a leading global professional services firm, has appointed Andrew Harris as Managing Director in its Private Equity Performance Improvement (PEPI) Group and Co-Leader of the Commercial Excellence service line. Harris will focus on...

CHARLOTTE, N.C. – Barings, a leading global investment manager, has served as lead agent for an incremental senior secured facility, increased revolver, and delayed draw term loan to support Graham Partners’ portfolio company, Woodland Gourmet, in its acquisition of Sevillo...

Truist has expanded its middle market banking team in New Jersey with the hiring of veteran commercial banker Gino Di Saverio, who will lead the growing division. Di Saverio, who has more than 15 years of experience in commercial banking,...