News

Audax Private Debt, a provider of financing solutions for the middle market, and Pantheon, a global credit secondaries solutions investor, closed Audax Direct Lending Solutions Fund I CV (DLS I CV), a $1 billion private credit continuation vehicle. “We believe...

Bidding opened May 5 in a Tiger Group sale featuring more than 100 tractor trailers, tractor trucks and forklifts from the Southern California facilities of Asbury Transportation and Orange Courier. Conducted with U.S. bankruptcy court approval, the timed, online auction...

CohnReznick, a professional services firm, added Justin Ricketts as chief technology officer. Based in Dallas, Ricketts will focus on accelerating the firm’s technology strategy, enhancing digital capabilities and delivering innovative, client-centric solutions that support the firm’s continued growth. Ricketts is...

Republic Business Credit added industry veteran Sue Duckett as executive vice president, head of factoring. As a key member of the executive leadership team, Duckett will oversee the recourse factoring portfolio and drive strategic factoring acquisitions, a role that is...

Sound Point Capital, an alternative credit manager, served as administrative agent and lead arranger for a $575 million senior secured credit facility to support Greenbelt Capital Management’s acquisition of Peak Utility Services Group from ORIX Capital Partners. “We are pleased...

A fund managed by Keystone recently closed a $25 million senior secured credit facility to support a small business finance company based in Minnesota. The facility enables the company to expand its origination capacity and continue delivering fast, flexible financing...

Applied Digital, a designer, builder and operator of sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking and blockchain workloads, today closed a $300 million senior secured bridge facility led by Goldman Sachs. The facility is intended...

Encina Private Credit (EPC) served as the administrative and collateral agent on a senior secured credit facility supporting Kingswood Capital Management’s strategic investment in Soulshine Farms and Pearl River Foods. EPC provided a first out tranche in the form of...

LibreMax Capital, an asset management firm specializing in securitized products and asset-backed finance, launched the LibreMax Asset-Backed Income Fund, its first interval fund that provides investors with access to private asset-backed finance (ABF) and traded structured credit opportunities. LMIFX seeks...

Trinity Capital’s sponsored investment fund, Trinity Capital SBIC LP, received approval from the U.S. Small Business Administration (SBA) to operate as a Small Business Investment Company (SBIC). The fund is the company’s third sponsored investment fund that has received such...