News

Versant Funding funded a $1.8 million non-recourse factoring transaction to a company that administers group homes for adolescents who are victims of neglect and abuse. This newly formed business has relationships with state and county organizations to house children in...

Middle market transactions are powering a rebound in exits as private equity-backed IPOs track for their best year since 2021, according to a new S&P Global Market Intelligence analysis.

Upstart, an artificial intelligence (AI) lending marketplace, secured a programmatic purchase commitment from funds managed by Blue Owl Capital. Blue Owl’s alternative credit strategy will purchase up to $2 billion of consumer loans on the Upstart platform over 18 months.

Accuride intends to restructure its North American business. To complete the proposed restructuring, certain of Accuride’s U.S. entities filed a voluntary petition for protection under chapter 11 of the U.S. Bankruptcy Code.

Kramer Levin formalized a private credit practice, bringing together its existing practices and lawyers who focus on working with nonbank borrowers and lenders, including credit fund sponsors, hedge and private equity funds, investors and loan originators of all varieties.

Shore Capital Partners, a private equity firm focused on lower-middle market investments, closed its inaugural Healthcare Advantage Fund, second Business Services Partners Fund and first Shore Search Partners Fund.

Willow Tree Credit Partners, a private credit alternatives firm, closed a $353.4 million collateralized loan obligation (CLO), Willow Tree CLO I. The CLO will be managed by Willow Tree and all of the equity interests will be retained by its...

A new survey by Aon and the National Center for the Middle Market found two top trends supporting growth of middle market businesses: workforce dynamics and technology advancements.

Middle market private companies in the Golub Capital Altman Index grew earnings by 8% during the first two months of Q3/24. Revenue grew 5% during the same period.

Solifi, a global fintech software partner for secured finance, will receive a majority investment from TA Associates, a global private equity firm.