News

CenterOak Partners, a Dallas-based private equity firm, closed CenterOak Equity Fund III. The fund was oversubscribed and achieved its hard cap with total capital commitments of over $1.1 billion.

The TCW Group, a global asset management company, closed its second $400 million collateralized loan obligation (CLO) fund this year, TCW CLO 2024-2, which is secured primarily by broadly syndicated first-lien loans.

Logos Development, under the leadership of Pastor Martin Porter, engaged Walker & Dunlop as its exclusive financial advisor to secure $400 million in debt and equity capital to develop over 2,000 affordable housing units.

DDC Enterprise, a multi-brand Asian consumer food company, has recapitalized its debt obligations and achieved additional funding through the sale of equity in a private placement.

CAZ Investments’ strategic opportunities fund has surpassed over $100 million in managed assets in the first five months. The fund outperformed its benchmark and returned 8.50%² (net of expenses) since its inception on March 1, 2024.

AVANA and funds managed by Oaktree Capital Management formed a new $250 million AVANA-Oaktree Private Credit Partnership (AOPCP). Through the joint venture, AVANA will use the capital to provide private debt financing in the United States over the next three...

Through Second Wind’s Article 9 restructuring of the company, Gulf Coast Bank was able to exit from distressed credit at par, while avoiding a formal liquidation.

Pearlmark closed its sixth high-yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, which will serve as the firm’s exclusive subordinated debt investment vehicle.

Raistone, a business-to-business embedded finance provider, was recognized as No. 437 on Inc. magazine’s fastest growing private companies in the U.S. list, the Inc. 5000. Raistone also placed as the No. 47 fastest growing company in New York.

American Community Investor, an investment holding company with the goal of building and improving communities, launched American Community Lending, which rebrands Caz Creek Lending.