News

Pantheon, a global private markets investor, launched Pantheon Global Private Equity Fund (PGPE), the latest addition to the firm’s growing global private wealth platform.

The U.S. Small Business Administration issued a “green light” letter inviting Hercules Capital to submit an application to obtain a license to form and operate a fourth small business investment company (SBIC) subsidiary, following the company’s recent presentation to the...

Heritage Global, an asset services company specializing in financial and industrial asset transactions, reported operating income of $2.8 million for Q3/23 compared to operating income of $3.5 million in Q3/22.

Kennedy Lewis Investment Management, an alternative credit manager, closed on $4.1 billion for Kennedy Lewis Capital Partners Master Fund III LP and its associated parallel and co-investment vehicles.

Small business loan approval percentages at big banks (more than $10 billion in assets) decreased again from 13.1% in September to 13% in October, according to the latest Biz2Credit Small Business Lending Index.

Anagram International, a foil balloon manufacturer, is pursuing a sale of the company and has entered into an agreement with a group of its lenders as the stalking horse bidders to acquire its assets, subject to higher or otherwise better...

Raistone ranked 43rd on the 2023 Deloitte Technology Fast 500, which showcases the 500 fastest-growing companies across North America in multiple industries. Raistone grew 3,786% during the three-year time period (2019-2022) analyzed for the awards.

Flexible workspace provider WeWork commenced a comprehensive reorganization to strengthen its capital structure and financial performance. As part of the reorganization plan, WeWork and certain of its entities filed for protection under Chapter 11 of the U.S. Bankruptcy Code.

Altriarch Specialty Finance Fund, a private credit manager based in Charleston, SC, recently provided $43.5 million in committed capital to specialty finance lenders, including several factoring companies, across the U.S.

A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corporation, announced plans to market for sale a second tranche of neighborhood pharmacy leases, pending approval by the U.S. Bankruptcy Court for the District of New...