News

Results from RSM’s U.S. Middle Market Business Index reflect robust business conditions in the middle market, driven by strong household spending, solid fixed business investment and a supply-side tailwind.

MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity, alternative credit and structured capital, closed MidOcean CLO Equity Fund I with $304 million of capital commitments, exceeding its $300 million target.

MA Financial Group, an ASX-listed global alternative asset manager, launched MA Specialty Credit Income Fund, a continuously offered, closed-end interval fund registered under the Investment Company Act of 1940.

Akoustis Technologies filed for Chapter 11 relief following its recent legal case with Qorvo, in which Akoustis was ordered to pay a total judgement of approximately $59 million in damages, fees and interest related to allegations of trade secret misappropriation...

The Hedaya Capital Group recently provided a $500,000 factoring facility and a $100,000 purchase order finance facility to a Philadelphia-based healthcare company focused on nutrition as a solution to chronic disease.

Matrix Capital Markets Group advised Jolley Associates and S.B. Collins on the sale of its convenience retail, wholesale dealer and residential heating oil businesses to Stewart’s Shops.

HYPERAMS, in partnership with Rabin Worldwide, has been commissioned to conduct an exclusive online-only auction for a collection of late-model food processing and packaging equipment from a former cheese snack production facility.

KeyCorp received all required regulatory approvals for completion of The Bank of Nova Scotia’s strategic minority investment in Key as announced on Aug. 12, 2024.

According to S&P Global Market Intelligence, private equity and venture capital activity in the U.S. solar industry is poised to hit a four-year low in 2024, while private inflows into the sector globally have rebounded.

Deerpath Capital Management, a lower-middle market private credit manager in the U.S., reset and upsized Deerpath CLO 2022-1, a $724.7 million collateralized loan obligation (CLO). This marks the largest CLO and largest upsize in the firm’s history.