News

Ramirez Asset Management (RAM), a $12+ billion fixed income and equity investment manager serving institutional investors and high net worth investors, recently acquired the private credit opportunities strategy team and their assets from hedge fund manager Avenue Capital Group. The...

Encina Private Credit served as administrative agent on a senior secured credit facility supporting Quadriga Capital portfolio company Ipsen International, a global manufacturer of material transformation and treatment technology and related aftermarket parts and services. The transaction supported the refinancing...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Rita’s Italian Ice & Frozen Custard by Maple Park Capital Partners.

Inhibrx Biosciences, a biopharmaceutical company with two programs in ongoing clinical trials, entered into a loan and security agreement with Oxford Finance, pursuant to which the lenders provided a five-year term loan facility for up to $150 million. “This enables...

Kevin Alexander, partner in Ares Management’s alternative credit strategy, has been promoted to co-head of alternative credit alongside current co-heads Keith Ashton and Joel Holsinger, effective immediately. Alexander joined Ares in 2019 and has been a key leader and contributor...

Verastem Oncology, a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, secured a new credit facility for up to $150 million along with an equity investment of $7.5 million with Oberland Capital Management. In addition,...

CohnReznick, an advisory, assurance and tax firm, welcomed Angela “Angie” Ty as a financial services partner. Based in the San Francisco Bay Area, Ty specializes in the alternative investments industry with a specific focus on private equity, venture capital and...

Trinity Capital, an alternative asset manager, funded $297 million of total investments in Q4/24, putting Trinity at a record of $1.2 billion of fundings in 2024. Additionally, Trinity originated $411 million of investments in Q4/24, bringing total new commitments for...

Republic Business Credit provided a $1.5 million asset-based loan credit facility to a manufacturer of bath, shower and all-natural aromatherapy solutions. The company was seeking a trusted financial partner to support the expansion of its e-commerce and online consumer sales...

nFusion Capital has finalized an $8 million factoring facility to support the continued growth of a Texas-based custom print house specializing in custom labels, branded apparel, uniforms and promotional products. As the company, which is privately owned and backed by...