News

Ares Management held the final closing of its Ares U.S. Real Estate Fund X on Sept. 30. U.S. X was oversubscribed with $1.8 billion of commitments relative to its $1.5 billion target and is more than 75% larger than its...

Churchill Asset Management, an investment-specialist of Nuveen, raised more than $12 billion in third-party committed capital for the firm’s most recent senior lending program.

Verdant Commercial Capital celebrated its fifth anniversary recently. Verdant is also positioned to reach nearly $600 million in annual originations by the end of 2022.

Gordon Brothers formed a strategic alliance with TAGeX Brands to provide real estate and equipment services to support the food service industry, including the purchase of surplus equipment and real estate.

REV Capital funded a $7.5 million factoring facility to a temporary staffing company in Tennessee. The company provides temporary staffing, temp-to-hire and direct hire placements to several Fortune 500 companies.

Versant Funding funded a $5 million non-recourse factoring transaction to a tech company which sells hardware and software to major media companies.

Ocean Bank’s factoring division has financed a $6 million factoring facility to a provider of IT services to media and entertainment companies.

Year-over-year U.S. bankruptcy filings increased 7% across all chapters for the second consecutive month in September, according to data released today from Epiq's bankruptcy analytics platform.

Pathward, a financial empowerment company, unveiled its new corporate brand and the launch of the company’s new website, Pathward.com. This follows the company’s name change from MetaBank earlier this year.

MyTechMag named Solifi, a global fintech software partner for secured finance, as one of the world’s top 10 banking technology solution providers in 2022.