News

B. Riley Securities, a middle market investment bank, served as sole bookrunner to Roman DBDR Acquisition II on its $200 million initial public offering.

Cervano Capital officially launched as an independent sponsor focused on investments in the lower middle market across business services, industrial, technology and consumer sectors.

VSS Capital Partners, a private investment firm, completed a new platform investment in Lumenci, a full-service intellectual property consulting firm, in association with Century Equity Partners, a Boston-based private equity firm.

Sallyport Commercial Finance provided a $750,000 full notification factoring facility for a client in the disposal services industry that offers a range of waste management and recycling solutions in the multi-residential space.

Churchill Asset Management, an investment-specialist of Nuveen, was recognized among the 2024 “Best Places to Work in Money Management” by Pensions & Investments magazine.

Bond traders are increasingly speculating that the Federal Reserve will enact more significant interest-rate cuts in 2025 than current market forecasts suggest, according to a report by Bloomberg.

While virtually half of respondents continue to express high levels of concern over key risk management and regulatory compliance obligations in the U.S. banking industry, those concerns are lower than in previous years, according to a recent Wolters Kluwers survey.

Results from RSM’s U.S. Middle Market Business Index reflect robust business conditions in the middle market, driven by strong household spending, solid fixed business investment and a supply-side tailwind.

MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity, alternative credit and structured capital, closed MidOcean CLO Equity Fund I with $304 million of capital commitments, exceeding its $300 million target.

MA Financial Group, an ASX-listed global alternative asset manager, launched MA Specialty Credit Income Fund, a continuously offered, closed-end interval fund registered under the Investment Company Act of 1940.