News

B. Riley Securities, a middle market investment bank, served as lead bookrunner to Atlanticus in the closing of its $60 million principal amount of 9.25% senior notes due 2029 in previously announced follow-on offering.

Monroe Capital, on behalf of its investment funds, established a partnership with Triad Financial Services, to originate and purchase commercial Community Rental loans made to manufactured home community owners. The initial pool is expected to be approximately $300 million.

Stonepeak closed its Stonepeak Opportunities Fund. Following strong investor demand, the fund was meaningfully oversubscribed relative to its original $2.5 billion target and closed at its revised hard cap of $3.15 billion, with commitments from a diverse group of global...

CohnReznick, through its digital advisory practice, formed an alliance with Tipalti, a global finance automation company helping organizations drive efficiency through the automation and scalability of payables operations.

TPG Twin Brook closed its fifth direct lending fund with $3.9 billion in commitments.

CapitalPlus Financial Services funded a $350,000 working capital facility for an Atlanta-based roofing contractor. This strategic financial solution enables the contractor to expand the business by taking on more significant commercial projects.

Commercial chapter 11 filings increased 40% in July 2024 to 510 from the 364 filings in July 2023, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. Overall commercial filings also increased 17% in July...

Onyx Asset Advisors (ONYX), CA Global Partners (CAGP) and Tiger Group will hold four online auctions in August featuring inventory from Southern California’s PIRCH Appliances.

In KBRA’s Q2/24 middle-market (MM) surveillance compendium, the company examines how revenue and EBITDA growth have cushioned the blow of higher interest costs among private credit borrowers.

Grant Thornton, a brand of professionals providing end-to-end audit, assurance, tax and advisory services, has released its latest survey, offering insights into how human resources (HR) leaders are tackling major challenges such as talent retention.