News

5C Investment Partners, an alternative investment firm focused on private credit, commenced investing activity as part of its senior direct lending platform. 5C will begin investing with $1.6 billion of available capital.

When a California-based natural food manufacturer outgrew its small business loan, it formed a new partnership with Republic Business Credit (RBC). RBC provided a $1.2 million factoring facility to support the manufacturer’s future growth plans.

EisnerAmper signed on to the United Nations Global Compact (UNGC), a call to organizations to ensure their operations and strategies reflect a responsibility to improve global human rights, labor, the environment and anti-corruption.

Slate Grocery REIT, an owner and operator of U.S. grocery-anchored real estate, entered into a new credit facility agreement for an aggregate principal amount of up to $500 million, comprising a $275 million revolving credit facility and a $225 million...

Haynes Boone advised TAO Digital Solutions, a global provider of AI-driven technology and product engineering services, in securing a strategic growth investment from Vesper, a private investment firm.

Proskauer revealed the results of its Q3/24 Private Credit Default Index, with an overall default rate of 1.95%. The Q3/24 default rate is a decrease from 2.71% in the prior quarter. However, the overall default rate is still higher than...

Morgan Stanley Investment closed North Haven Tactical Value II Fund (NHTV II) and affiliated funds at approximately $2 billion of committed capital, representing a nearly 50% increase over the predecessor fund NHTV I.

Grant Thornton Advisors entered an agreement to combine with Grant Thornton Ireland’s advisory and tax businesses, with backing from an investor group led by New Mountain Capital, a growth-oriented investment firm with approximately $55 billion in assets under management.

A Tiger Group online auction on Nov. 5 will offer over 900 lots from PRG’s rental inventory of professional production equipment. The timed auction includes gear from brands such as Arri, Ayrton, Barco, Canon, Christie, Sony, Vari*Lite and Yamaha.

Percent, a platform powering the modern private credit marketplace, is making its services available to Forge Trust clients, a custodian for alternative assets. This offering is aimed at enabling Forge Trust’s IRA holders to invest in Percent’s private credit opportunities.