News

First Citizens Bank celebrated its 125th year in business on March 1. The company will recognize the milestone throughout the year.

Oaktree Capital Management launched its private credit-focused Oaktree Lending Partners and its related vehicles (OLP). OLP is targeting $10 billion in equity commitments from institutional investors.

MidCap Financial completed an acquisition of a significant portion of Sector Financial’s managed healthcare asset-based lending portfolio, totaling more than $500 million in commitments and more than $300 million in funded assets.

GoldenTree Loan Management II (GLM II) and its affiliated investment manager GoldenTree Asset Management, closed a €411 million ($436.1 million) collateralized loan obligation to be managed by GLM II.

CVC Credit priced Apidos XLIII (43), a collateralized loan obligation fund totalling $368.4 million, arranged by Deutsche Bank.

HyreCar voluntarily initiated a Chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware.

M&A Advisor selected nFusion Capital as a winner of the Restructuring Deal of the Year Award ($50 million to $100 million) for its role in the restructuring of an oil and gas equipment manufacturer.

SSG Advisors acted as the investment banker to Amoroso’s Baking Company and Quattro Foods Group in the company’s recapitalization. The funding was used to refinance existing indebtedness and provide additional liquidity for growth.

Willow Tree Credit Partners closed of its latest direct lending fund complex. The fund focuses on senior secured, floating rate loans to middle market companies that are either undergoing a change of control or recapitalization or in need of growth...

Sycamore Tree Capital Partners, a specialist asset manager with private and alternative credit investment expertise, closed STCP CLO 2023-2, Ltd., the firm’s second collateralized loan obligation fund.