News

North American glass recycling company Strategic Materials filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. The company also secured new money commitments of $23...

Ares Management, a global alternative investment manager, raised approximately $3.3 billion of real estate secondaries capital, which comprises the Landmark Real Estate Fund IX, general partner commitments and affiliated vehicles.

Investment firm Carlyle implemented financial technology company Broadridge Financial Solutions' cloud-based solution, Sentry, in support of its private credit and collateralized loan obligation (CLO) portfolio management.

Charvi Gupta, a director at Getzler Henrich & Associates, was honored as one of the American Bankruptcy Institute’s 40 Under 40 Emerging Leaders in Insolvency Practice for 2023.

B. Riley Securities served as sell-side M&A advisor to Heart & Vascular Center of Arizona, an independent cardiovascular physician practice, in connection with its sale to Cardiovascular Associates of America.

Cicada Partners, a credit risk management company, and Atlendis Labs, a private credit financial technology company, jointly announced a strategic and exclusive partnership to launch short-duration private credit opportunities, with an initial focus on asset-backed lines of credit.

Tiger Group will conduct an online auction of food production, processing and packaging equipment on Dec. 12. The auction is part of a court-ordered bankruptcy sale featuring assets from Lemnature AquaFarms’ multimillion-dollar production and R&D plants.

Epiq Corporate Restructuring Group was named a winner of the M&A Advisor's Consumer Discretionary Deal of The Year award in the more than $100 category. The award honors Epiq Corporate Restructuring Group and its role in the $1.59 billion restructuring...

Neptune Wellness Solutions, a consumer-packaged goods company focused on lifestyle brands, and its nutraceuticals brand subsidiary, Biodroga Nutraceuticals, entered into an accounts receivable factoring facility and inventory finance rider with Alterna Capital Solutions.

Timber Pharmaceuticals announced that all "first day" motions related to the company's voluntary Chapter 11 petitions for reorganization filed on Nov. 17 were approved on an interim basis by the U.S. Bankruptcy Court for the District of Delaware.