News

Leslie A. Berkoff, a partner and chair of the dispute resolution practice group at Moritt Hock & Hamroff, was appointed to the American Arbitration Association (AAA) – International Centre for Dispute Resolution (ICDR) Council and to the AAA-ICDR International Panel.

GBG USA commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York. WH AQ Holdings and Hilco Brands will serve as the stalking horse bidders in a court-supervised sale process of the company...

CVC Credit priced Apidos XXXVI, a collateralized loan obligation fund totalling $508 million. This is the third new CLO fund CVC Credit has priced globally this year and will increase its assets under management to approximately $29 billion.

Stonebriar Commercial Finance extended its $1 billion revolving warehouse credit facility agented by Bank of America to 2025. Mitsubishi UFJ Financial Group (MUFG) joined the facility as a new participating lender.

Siena Lending Group delivered $205 million across eight deals and Siena Healthcare Finance delivered $16.5 million across two deals in Q2/21.

H.I.G. Capital, a global alternative investment firm with $45 billion of equity capital under management, sold its portfolio company, US Medical Supply, to Advanced Diabetes Supply, a portfolio company of Court Square Capital Partners.

LiquidX, a global fintech solutions provider for working capital, trade finance and insurance, appointed Keith Raymond a managing director of InBlock sales. Raymond will lead the commercial expansion of LiquidX’s InBlock digital working capital platform.

Star Mountain Capital, a specialized investment manager focused on investing in the lower middle market, added John Ide as a managing director for its Chicago office. Ide has 30 years of experience in credit and in advising on alternative investments.

H.I.G. Capital formed United Flow Technologies (UFT), a platform established to invest in the municipal and industrial water and wastewater market. UFT’s first transaction was the recapitalization of MISCOwater.

Pemberton, a European private credit manager, hired Sanford (Sandy) Ewing as a new managing director for the firm’s business development team. Ewing will support Pemberton’s international expansion and joined the company to cover the North American region.