News

Troutman Pepper Locke appointed Travis Crawford director of IT operations, according to a LinkedIn post from Crawford. Previously, Crawford held roles as chief information officer and IT director with Locke Lord, according to his LinkedIn profile.

Funds managed by Strategic Value Partners (SVP), a global alternative investment firm, completed the previously announced acquisition of Revelyst, a collective of brands that design and manufacture performance gear and precision technologies, in an all-cash transaction based on an enterprise...

Global law firm Greenberg Traurig welcomed two lawyers, restructuring and insolvency shareholder Aaron Harlow and international arbitration of counsel Michael Cottrell. “Aaron and Michael are both highly skilled lawyers who strengthen the firm’s global capabilities in two key practice areas:...

SouthState closed its acquisition of Independent Bank Group through the merger of Independent Financial with and into SouthState. Immediately after the merger, Independent Financial’s subsidiary bank, Independent Bank, merged with and into SouthState Bank.

Paul Hastings advised an ad hoc group of crossholder lenders and noteholders, holding a majority of the company’s pre-petition debt and DIP loans, in the $8.8 billion Chapter 11 restructuring and reorganization of Diamond Sports Group.

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.