News

Turning Rock Partners, a private investment firm, exited its investment in Next Level Aviation through the majority redemption of its preferred equity investment in the company.

PennantPark Senior Loan Fund, through its wholly-owned and consolidated subsidiary, PennantPark CLO X, closed a four-year reinvestment period, twelve-year final maturity, $400.5 million debt securitization in the form of a collateralized loan obligation.

As major U.S. banks withdraw from the Net-Zero Banking Alliance, specialty and asset-based lenders face new opportunities to fill financing gaps left by traditional institutions. This shift could redefine capital allocation strategies, emphasizing asset-backed deals and tailored solutions amid evolving...

AtlasClear secured an agreement from Hanire to invest up to $45 million into the company through a combination of equity and convertible debt based series of tranches, with the first tranche of $5 million expected in January 2025, subject to...

Funds under management of Northleaf Capital Partners, a global private markets investment firm, are divesting their majority interest in NCP Mula Solar (Spain), a 494 MWp solar photovoltaic plant located in Murcia, Spain.

FibroBiologics, a clinical-stage biotechnology company, closed the second $5 million tranche of the previously announced standby equity purchase agreement with YA II PN, an investment fund managed by Yorkville Advisors Global.

Of the nearly 900 deal announcements posted on abfjournal.com in 2024, these are the top 10 in order of reader popularity.

State Street Global Advisors, the asset management business of State Street, launched its 2025 Global Market Outlook: Finding the Right Path, outlining its macroeconomic outlook and key investment themes for the year ahead.

Biora Therapeutics, a biotech company developing smart pill-based therapeutic platforms, reached an agreement with certain of its prepetition creditors to provide financing to support a Chapter 11 sale process.

EQT closed on the formation and funding of its previously-announced midstream joint venture with an affiliate of Blackstone Credit & Insurance.