News

Leonard Klingbaum and Jennifer Harris, two leading practitioners in special situations finance, liability management and distressed capital markets, have joined Dechert as partners. Klingbaum will head the firm’s new cross-disciplinary capital solutions team that will work with the full breadth...

King & Spalding added fund finance lawyer Ron Franklin as a partner in its finance and restructuring practice group in New York to be a leader of its global fund finance practice. Franklin arrives at the firm soon after partners...

Encina Private Credit (EPC) served as the administrative and collateral agent on a senior secured credit facility supporting a dividend recap and refinance for a homebased healthcare service business. EPC provided a first out tranche in the form of a...

4D Molecular Therapeutics, a late-stage biotechnology company advancing durable and disease-targeted therapeutics with potential to transform treatment paradigms and provide unprecedented benefits to patients, entered into a strategic credit facility agreement with Hercules Capital for up to $200 million. “Our...

Shoulder Innovations, a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, closed two new credit facilities for an aggregate amount of up to $50 million with Stifel Venture Banking. The new credit facilities consist of...

Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, and FGI Finance, a company in the global commercial finance industry, completed a financing transaction consisting of a $25 million asset-based facility and a $4 million term...

Republic Business Credit funded a $2 million e-commerce asset-based lending facility for an Amazon third-party seller of consumer goods. The facility includes an accordion loan feature up to $5 million, providing the scalable capital to support the independent merchant’s growth...

SouthStar Capital closed an accounts receivable financing facility for a Florida-based commercial printing and embroidery company. For more than 20 years, the company has provided custom printing and embroidery services to a loyal customer base, finally crossing the seven-figure mark...

Blacktree Management, an independent asset manager focused on Small Business Administration (SBA) loan aggregation, securitization and esoteric ABS strategies, launched a new SBA and esoteric asset-backed finance platform. The platform will target investments across guaranteed and unguaranteed portions of SBA...

CohnReznick, a professional services firm, added Jenn Chou as a partner in its asset management and financial services practice. Based in San Francisco, CA, Chou is an experienced tax executive with nearly two decades of experience in public accounting and...