News

Matrix Applications, a New York-based financial technology and operational service bureau for the capital markets, formed a new customer agreement with Velocity Clearing.

Asset Based Lending, a provider of private capital to real estate investors, opened a second headquarters in Cherry Hill, NJ. The new office will be home to employees in the Philadelphia and South Jersey region.

SC&H, a national consulting and financial services firm, opened its new office in Chicago. It will be led by Mike Fixler, who joined SC&H Capital, the firm’s investment banking practice, as managing director earlier this year.

Obra Capital closed its inaugural collateralized loan obligation offering (CLO), Obra CLO 1, at over $400 million in size. It will be managed within Obra’s leveraged finance platform led by Scott Macklin, head of U.S. leveraged finance and Peter Polanskyj,...

Deal-making and financing globally are set for recovery in the year ahead after a tough past 12 months as interest rates ease worldwide, new global research from Ocorian shows.

The TCW Group closed its third CLO issuance of 2024, securing $400 million for TCW CLO 2024-3, backed by first-lien loans.

The Fall 2024 Haynes Boone borrowing base and price deck surveys reveal a steady borrowing base outlook despite geopolitical turbulence and evolving energy policies, with a divide in the expectations for oil and natural gas prices.

Grant Thornton’s U.S.-based licensed, certified public accounting firm has been named the 2024 “U.S. Audit Firm of the Year” by Private Equity Wire.

Pinnacle U.S. completed its acquisition of Blink Fitness’ corporate operations and a significant number of locations in New York and New Jersey for $121 million in cash plus assumption of certain liabilities. Latham & Watkins represented PureGym in the transaction.

Pemberton Asset Management and Santander Corporate & Investment Banking formed a strategic partnership to launch Invensa, a new company focused on providing large and mid-sized corporates with supply chain inventory solutions.