News

Star Mountain Capital, an employee-owned investment firm with ~$5 billion in assets under management (AUM), closed Star Mountain CFO I, a collateralized fund obligation providing insurance companies and institutional investors with investment grade-rated access to Star Mountain’s direct lending strategy....

Janus Henderson, together with its affiliates Victory Park Capital (VPC) and Privacore Capital, secured an additional $100 million in deployable seed capital from General Electric Pension Trust (GEPT), the defined benefit plan trust affiliated with GE Aerospace, for Privacore VPC...

B. Riley Securities, a full-service middle market investment bank, it served as the exclusive financial advisor to Command Access Technologies in its sale to PDQ Manufacturing. By combining forces, Command Access and PDQ will offer an expanded portfolio of mechanical...

Tiger Group auctioned a diverse array of rolling stock and material-handling equipment from the Southern California facilities of the affiliated logistics companies Asbury Transportation and Orange Courier. Conducted as part of a Chapter 7 bankruptcy proceeding, the two-day auction was...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Kids Bowel & Bladder by Summit Professional Education, an existing portfolio company of Avathon Capital.

Banco Santander and Webster Financial received the required approval from the Board of Governors of the Federal Reserve System for Santander’s previously announced acquisition of Webster, the holding company for Webster Bank, a diversified U.S. retail and commercial bank. This...

Vector Velocity, the direct credit investment strategy of Vector Capital Management, completed a $50 million senior secured credit investment in Outside Interactive, a technology platform for outdoor content, services, events and experiences. Proceeds will be used to invest in core...

Salem Five’s Business Credit team has provided a $4 million revolving credit facility to NorEast Outdoors, a Pocasset, MA-based designer, importer and distributor of high-quality outdoor recreation products. The financing will provide the working capital needed to support NorEast Outdoors’...

Great American (GA Group), a provider of financial advisory, valuation, asset disposition and investment banking services and majority-owned by funds managed by Oaktree Capital Management, expanded its CFO advisory practice with the appointments of Rosita Sororian as director and Dallas...

Wells Fargo named Bryson Kelly market executive for commercial banking in Oregon and Idaho. Based in Portland, Kelly reports to Eric Houser, commercial banking Northwest division executive. Kelly brings 12 years of financial services experience to the role, including credit,...