News

White Oak Commercial Finance ("WOCF"), an affiliate of White Oak Global Advisors, announced it has provided a $125 million asset-based revolving credit facility to a US-based energy services company (the "Company"). WOCF acted as the sole lender in the transaction,...

According to a U.S. Bureau of Labor Statistics report, the April 2025 Producer Price Index (PPI) declined by 0.5% month-over-month, the largest drop in five years, against expectations of a 0.2% rise. The year-over-year PPI increased 2.4%, slightly below the...

Huntington National Bank continues to expand its commercial banking segment across the country by bringing its middle-market banking capabilities to Florida. To lead its efforts in the state, Huntington has hired veteran middle-market banker Josh Sheradsky who has supported clients...

Main Street Capital Corporation (NYSE: MAIN) has announced that it recently fully exited its debt investments and partially exited its equity investment in Nebraska Vet AcquireCo, LLC, dba Heritage Vet Partners upon the completion of a majority recapitalization with a...

TAB Bank has structured a $3 million factoring line of credit for CNC Precision Machine Inc. to improve cash flow for inventory and working capital. CNC Precision Machine is a leading manufacturer of world-class hydraulic fittings serving the aerospace, transportation...

Nexa Equity, a San Francisco-based private equity firm that partners with high-growth vertical SaaS companies to help scale them into market leaders, today announced the closing of Nexa Equity Fund II with over $390 million in commitments. The oversubscribed fund...

Asset Based Lending (ABL) today unveiled its boldly reimagined brand identity, celebrating 15 years of revolutionizing private capital for real estate investors nationwide. This comprehensive brand evolution was a natural response to ABL's continued growth and steadfast commitment to advancing...

Siena Lending Group LLC ("Siena") is pleased to announce the appointment of Andrew Kehoe as Director of Originations. Andrew will be responsible for expanding Siena's origination efforts and deepening its coverage across the Mountain West region. Andrew joins Siena from...

GIC, a global institutional investor, has become a minority shareholder in Citco. The founding Smeets Family shall remain the majority shareholder in Citco. GIC is a leading global investment firm established in 1981 to secure Singapore's financial future. As the...

Crestline Investors, Inc. ("Crestline"), a global alternative investment manager, today announced the final close of Crestline Direct Lending Fund IV ("CDLIV" or the "Fund"), with $3.5bn of investable capital across the Fund, related vehicles and anticipated leverage. Crestline's direct lending...