News

BNP Paribas Wealth Management and BNP Paribas Cardif formed a partnership with Blackstone to offer “Blackstone European Private Credit Fund,” a new unit-linked private debt-based account.

Asset Compliant Solutions (ACS), a provider of asset-based lending and lease finance solutions, completed a Service Organization Control (SOC) 2 Type 2 audit.

White Oak Global Advisors and its financing affiliates deployed $1.1 billion in capital in 2023, with White Oak Commercial Finance, the asset-based lending affiliate of White Oak Global Advisors, deploying more than $600 million in asset-based loans.

Registration is now open for the 15th Annual Philadelphia Credit & Restructuring Summit. The conference will take place March 21 from 11 a.m. to 6:30. p.m. ET at the Union League of Philadelphia.

Culain Capital Funding provided a $.35 million accounts receivable factoring facility to a mechanical services company based in Houston.

Chapter 11 bankruptcy filings increased 22% year over year in January, while small business filings, captured as Subchapter V elections within Chapter 11, increased 43%, according to Epiq Bankruptcy.

Cano Health initiated prearranged voluntary Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware. It also received a commitment for $150 million in new debtor-in-possession financing from certain of its existing secured lenders.

Gordon Brothers was engaged to sell by private treaty more than $85 million of inventory and the assets of two 775,000-square-foot fulfillment centers on behalf of Zulily ABC, a U.S.-based online retailer that specializes in the sale of apparel and...

The Baltimore Division of the District of Maryland of the U.S. Bankruptcy Court approved the sale of Tessemae’s to PANOS Brands. Tessemae’s filed for Chapter 11 bankruptcy protection on Feb. 1, 2023, with Aurora Management Partners appointed financial advisor to...

Essex Realty Group, a company that specializes in the sale of investment real estate in Chicago, launched Essex Capital Markets, which will provide debt and equity solutions to clients in the middle market and institutional space for all property types.