News

Brookfield Asset Management and Castlelake entered into an agreement whereby Brookfield will acquire a 51% stake in Castlelake’s fee-related earnings. The amount of capital to be invested will be approximately $1.5 billion.

Small business filings increased 60% year over year to 233 in April 2024, according to data provided by Epiq AACER. Commercial chapter 11 filings increased 40% year over year in April 2024 to 542. Overall commercial filings increased 39% year...

Small business sales grew 5.6% year over year and 2.2% month over month, according to the Fiserv Small Business Index for April 2024. Nationally, the seasonally adjusted Fiserv Small Business Index increased 4 points to 145.

Ambri, a provider of long-duration liquid metal battery storage systems, agreed to the terms of a stalking horse purchase agreement with a consortium of its lenders. To facilitate the sale, Ambri has filed voluntary petitions for reorganization under Chapter 11...

SVB Financial Group entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners will acquire SVB Capital, SVB Financial Group’s investment platform business.

KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves if an unexpected need arose.

eCapital closed a $5 million non-notification ledger line factoring facility for a private equity-backed medical supply company.

The majority of today’s business leaders expect to achieve revenue growth this year, with 32% believing revenues will grow by more than 10%, according to the 2024 Working Capital Survey from C2FO, an on-demand working capital platform.

A majority of small and mid-sized business (SMB) owners expect their revenues to increase this year, and their worries over a recession have declined substantially, according to the 2024 Bank of America Business Owner Report, conducted in partnership with Bank...

The Citizens Business Conditions Index fell to 48.2 in Q1/24 as business activity normalized from elevated levels in recent quarters. The reading below 50 indicates that economic momentum slowed during the first quarter against a backdrop of moderately restrictive monetary...