News

Leonid Capital Partners announced the oversubscription and upcoming final closing of Leonid Opportunities Fund I LP. The oversubscribed fund is closing with approximately $240 million of capital commitments, including an investment from Victory Park Capital.

Versana surpassed a key milestone of more than 1,500 syndicated loan facilities and approximately $900 billion in global loan commitments on its digital data platform in less than a year since its product launch.

InterNex Capital announced that it has surpassed $2 billion in funding provided to small and medium-sized businesses.

United Capital Funding Group, a Florida-based factoring firm, completed nine transactions totaling $7.15 million in accounts receivable financing in Q3/23.

Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) showcased its capabilities to help clients meet Capital Requirements Regulation III and Basel IV requirements at its annual FRR Client Conference in Sitges, Spain, this week.

ACME Credit Partners launched as a New York-based credit-focused investment firm that will provide creative liquidity solutions to the lower middle market. ACME Credit Partners is led by Peter Eschmann and Jay Rogers — both former managing directors at Cerberus...

Macquarie Asset Management made a minority investment in Sonen Capital, an investment firm that provides impact investment and advisory services to families, foundations, institutions and advisors.

The 4,553 total commercial Chapter 11 bankruptcies filed during the first nine months of 2023 represented a 61% increase over the 2,837 filed during the same period in 2022, according to data provided by Epiq Bankruptcy.

Armory Securities served as exclusive financial advisor to Aruze Gaming America in connection with the sale of its assets via a §363 auction under the U.S. Bankruptcy code.

Lucky Bucks, a Class B coin operated amusement machine route operator in Georgia, announced the completion of its restructuring process and successful emergence from Chapter 11 bankruptcy.