News

Beach Point Capital Management LP ("Beach Point"), a diversified alternative asset manager, today announced the close of over $1.25 billion of capital commitments across both BPC Opportunities Fund V LP (the "Opportunities Fund V") and BPC Real Estate Debt Fund ("BPRED"),...

Crayhill Capital Management LP, a $3 billion independent alternative asset management firm specializing in asset-based finance ("ABF"), today announced that Katherine Taylor has joined the firm as Managing Director, Head of Marketing and Investor Relations. Kassie will lead and expand...

Resell CNC, a leading national provider of used CNC machinery, industrial auctions, and certified equipment appraisals, is proud to welcome Jonathan "Jake" Josko, CEA as President of Auctions & Appraisals. Josko joins the company with over three decades of proven...

Barclays today announced the appointment of Marc Warm as Global Co-Head of Capital Markets, alongside Tom Johnson and Travis Barnes. Marc will report to Cathal Deasy and Taylor Wright, Global Co-Heads of Investment Banking and be based in New York. Mr....

Sixth Street Partners Co-Chief Investment Officer Josh Easterly is warning that shifting fundamentals within credit markets present risks that many investors are overlooking. In a Bloomberg Television interview, Easterly attributed this problem to a mismatch between capital pouring into the private...

Franklin Electric Co., Inc. (NASDAQ:FELE) has finalized an amendment to its credit agreement, extending the maturity date to May 14, 2030, while maintaining its revolving commitment at $350 million, according to an 8-K filing with the Securities and Exchange Commission. The...

King Trade Capital closed a $1.8 million purchase order finance facility for an aerospace parts company in support of their newly awarded U.S. Air Force contract.   The client approached King Trade Capital seeking a fast and flexible finance solution...

Ontrak, Inc. (NASDAQ: OTRK), a leading value-based behavioral healthcare company powered by proprietary AI and engagement technology, announced it has secured a $10 million financing commitment from Acuitas Capital, LLC. This financing commitment will support Ontrak's continued growth and innovation in delivering...

Blank Rome LLP is pleased to announce that K. Terrell Hutchins has joined the firm's New York office as an associate in the Finance, Restructuring, and Bankruptcy group. He joins the firm from Otterbourg P.C. Terrell focuses his practice on specialty financing,...

SAN FRANCISCO — Finley, a provider of debt capital software solutions, has launched enhanced Monthly Servicer Reporting (MSR) capabilities to streamline asset-based lending transactions and reduce the burden on corporate finance teams. The new functionality, announced May 21, is integrated...