News

Ares Management, a global alternative investment manager, closed its sixth commingled European direct lending fund, Ares Capital Europe VI. With total commitments of €17.1 billion, the fund closed above its €15 billion target and reached its hard cap. The final...

Womble Bond Dickinson hired Matthew S. Morgan within the firm’s finance, bankruptcy, and restructuring practice in Charleston. A seasoned financial services attorney, he has over two decades of experience working in both Am Law 100 firms and leading buy-side and...

Cambridge Wilkinson closed a senior credit facility (undisclosed amount at the client’s request) for a specialty finance company focused on small and medium-sized business lending. The client required a scalable credit structure to support its rapidly growing portfolio. Cambridge Wilkinson...

Mohit “Mo” Ramani will join KeyCorp as chief risk officer (CRO), effective January 23, 2025. “I am very pleased to welcome Mo to Key,” Chris Gorman, chairman and CEO of KeyCorp, said. “I am confident that with Mo’s leadership, experience...

Blank Rome welcomed Daniel J. Sobol and Brandon S. Shemtob to the firm’s labor and employment group in Philadelphia. Sobol and Shemtob represent national and regional employers across industries in a range of traditional labor, union and employment matters. They...

Wells Fargo & Company reported robust Q4/24 financial results, emphasizing stability and resilience amidst a challenging economic landscape. The company posted a net income of $5.1 billion, or $1.43 per diluted share, marking a 47% increase from Q4/23. Full-year 2024...

Global professional services firm Alvarez & Marsal (A&M) appointed Kevin Davidson as a senior director within its healthcare industry group. In his new role, Davidson will help advance the human capital and workforce management practice’s growth strategy in support of...

nFusion Capital a $5 million asset-based lending facility to an Alaska-based welding and steel fabrication company, enabling the business to undertake a high-profile oil and gas project. To capitalize on a new opportunity, the company required a significant infusion of...

The ongoing California wildfires have left a devastating impact on communities, displacing thousands of residents, destroying homes and ravaging natural landscapes. As the fires continue to burn across the state, with heavy winds threatening to worsen the situation, specialty finance...

Diamond Comic Distributors filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Maryland to facilitate the restructuring of its business. As part of the...