News

LibreMax Capital, an asset management firm, has entered into a partnership with iCapital, a global fintech platform, to offer wealth managers and advisors globally access to LibreMax’s investment strategy via iCapital Marketplace.

Ares Management, a global alternative investment manager, closed Ares Senior Direct Lending Fund III. The total capital base for SDL III is expected to be approximately $33.6 billion, which includes equity commitments in related vehicles and anticipated leverage.

Raistone, a business-to-business embedded finance provider, crossed $10 billion in financing. The milestone follows six straight years of double year-over-year growth, which ranked Raistone the 43rd fastest growing company in America in the 2023 Deloitte Technology Fast 500.

Setpoint, a capital markets technology companied, participated as the third-party review provider of a NYMT Loan Trust $209 million landmark rated residential transition loan (RTL) securitization (NYMT 2024-BPL2) in May 2024.

First Citizens Bank’s middle market banking group is expanding in the northeastern U.S., leveraging its middle-market expertise to provide a full suite of financial solutions to midsize businesses across the region.

KBRA released a report exploring the increasing number of amortizing U.S. collateralized loan obligation (CLO) transactions that have reached the end of their reinvestment period and are not expected to be refinanced in the near term.

Network International, enabler of digital commerce in the Middle East and Africa, and Biz2X, a global technology and financing fintech in the U.S., India and Australia with over $10 billion funded through its digital lending platform, formed a new SME...

Monroe Capital closed a $561.8 million term debt securitization, Monroe Capital MML CLO XVI. The term financing was Monroe’s fourth collateralized loan obligation (CLO) completed since 2022 and is secured by a portfolio of middle market senior secured loans.

U.S. small business lenders increased requirements to qualify for financing in H1/24 but are cautiously optimistic the market will improve, according to the Q1/24 SMB Lending Index released by Lendio.

Axis Arbor Partners, an international capital advisory firm, completed its 100th deal since inception, totaling over €25 ($27.1) billion of financing. The 100th transaction coincides with a number of U.S.-led financings amounting to $6 billion during 2024.