News

In KBRA’s Q2/24 middle-market (MM) surveillance compendium, the company examines how revenue and EBITDA growth have cushioned the blow of higher interest costs among private credit borrowers.

Grant Thornton, a brand of professionals providing end-to-end audit, assurance, tax and advisory services, has released its latest survey, offering insights into how human resources (HR) leaders are tackling major challenges such as talent retention.

Alleon Healthcare, a healthcare accounts receivable financing firm, is celebrating its 15th anniversary. To mark this milestone, the company is launching a series of initiatives aimed at giving back to the healthcare community.

eCapital, a tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, provided a new $20 million non-notification factoring facility for a private transportation company servicing clients across North America.

BrightNight, a renewable power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power solutions, secured a $440 million strategic investment from the infrastructure business at Goldman Sachs Alternatives.

Caltius Structured Capital provided dividend solutions to two co-founders of a growing technology services company, a private equity sponsor and the shareholder and management team of a technology company.

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.