News

Legacy Corporate Lending, an independent asset-based lending company focused on serving the needs of middle market companies across North America, appointed Lisa DeSantis Adams as managing director of originations. Adams adds over three decades of financial services leadership across ABL,...

Wolters Kluwer published the February 2025 edition of its Blue Chip Economic Indicators survey, which finds only 10% of the panel’s 47 economists anticipating a rate cut at the Fed’s March meeting. Additionally, a majority of panelists (80%) believe that...

Trinity Capital, an alternative asset manager, committed $15 million in growth capital to Cagent Vascular, a developer of serration technology for vessel dilation in endovascular interventions. This capital augments $45 million of equity financing led by US Venture Partners in...

A rapidly growing fragrance manufacturer had an opportunity to expand its sales into big box retailers, like Walmart, Target and Costco, but needed capital to produce inventory to meet projected new channel demands. The company, having experienced success primarily through...

TAB Bank closed a $5 million lender finance facility with a Nevada-based company specializing in factoring financing for farmers, agricultural businesses and fresh produce exporters in Mexico. This partnership enables the agriculture finance company to expand its operations and empower...

Assembled Brands Capital expanded its leadership team with the addition of Kunal Kohli as managing director, head of revenue and Abby Jonathan as vice president of originations. Kunal will lead Assembled Brands’ revenue strategy, business development and expansion of our...

KBRA has published updated research examining the resilience of its ratings for subscription facilities, a fund finance product introduced in the 1990s that has grown to an estimated $850 billion globally. Since assigning its first rating in 2018, KBRA-rated subscription...

Barclays appointed Isobel van Daesdonk and Scott Willard as managing directors within the financial sponsors group. They will be based in New York and will report to Christian Oberle, head of the Americas financial sponsors group at Barclays. A seasoned...

Porter Capital funded a $1.25 million credit facility to support a growing and socially conscious personal care brand, which imports skincare and haircare products. This financing will provide the company with the working capital needed to scale operations, strengthen its...

Latham & Watkins elected 19 counsel to the partnership, effective March 1. The counsel promotions follow the previously-announced election of 24 associates to the partnership, effective Jan. 1, 2025. “We are thrilled to congratulate our newest partners, whose impressive experience,...