News

Great Elm Capital launched Great Elm Utica, a joint venture between Great Elm Capital and Utica Leaseco, to co-invest in proprietary equipment financing transactions sourced by Utica Leaseco.

CVC Credit priced Apidos XXXIX, a collateralized loan obligation fund totaling approximately $508 million and arranged by Societe Generale. This is the first new issue CLO CVC Credit has priced globally this year.

Rosenthal & Rosenthal provided a $2 million factoring facility and $1.2 million in purchase order financing to an outdoor and sporting apparel company.

Monroe Capital released results for Q4/21 and 2021 overall, reporting $22.2 million net investment income for all of 2021 and $5.4 million in net investment income in Q4/21.

Marco Financial completed eight recent financing transactions totaling $28.1 million, including $10 million for a Canadian distributor of COVID-19 testing kits.

Monroe Capital was selected as the recipient of two Private Debt Investor awards, including the 2021 Senior Lender of the Year and Lower Mid-Market Lender of the Year in the Americas awards.

Tiger Group and GA Global Partners are conducting a court-ordered sale of the entire operations and assets of fully-staffed Dalton Crane, allowing heavy equipment rental companies to bid on the assets of the business, which serves customers in Texas and...

Solifi, in partnership with the World Leasing Yearbook, released its 2022 global leasing report. According to David Hamilton, CEO of Solifi, “we expect to see a significant market recovery to pre-2020 volumes through the rest of this year.”

Monroe Capital closed in excess of $6.3 billion in new financing commitments across 131 separate transactions. Monroe’s assets under management increased by 35% to $12.7 billion as of Dec. 31, 2021.

Crestmark, the commercial finance division of MetaBank, secured a total of $3,291,085 in asset-based lending and factoring solutions for 14 new clients in the first half of February.