News

In honor of Giving Tuesday and as part of its ongoing commitment to helping communities grow and thrive, Byline Bank announced it distributed $30,000 to fund philanthropic initiatives in its neighborhoods, including a $5,000 donation to three local charities.

Yieldstreet, a private markets investing platform, and Garrington Capital, a provider of capital solutions to small- and mid-sized enterprises in the U.S. and Canada, formed a new joint venture focused on opportunities in the equipment finance sector.

Star Mountain Capital closed its Value-Added Direct Lending Fund IV above its $750 million LP capital target at approximately $1.2 billion (committed capital including debt facilities).

Lenvi Riskfactor launched its 2023 European Fraud Readiness Report. The report reveals a detailed picture of how fraud has affected receivables finance lenders in recent years, how it might affect them in the future and how strategies to prevent fraud...

Irontrax, an appraisal and asset disposition company, will participate in the sale of assets resulting from the bankruptcy of trucking company Yellow Freight.

Bibby Financial Services, an independent UK invoice finance provider, chose FGI T.R.U.S.T. as its software platform for bad debt protection management and administration.

DigitalBridge Group closed its digital infrastructure credit fund, DigitalBridge Credit (Onshore), together with its parallel vehicles. The fund raised aggregate commitments of $1.1 billion inclusive of related co-investment commitments alongside the fund.

Bladex, TC Latin America Partners and Toesca Asset Management launched Greenbridge Capital, a regional private lending platform whose first factoring vehicle will be funded by Bladex.

Gordon Brothers is partnering with Maynards Europe to sell by online auction AURORA Lichtwerke’s lamp development and manufacturing plant assets.

The Global M&A Network recognized Hank Waida, principal at SC&H Capital, on its 2023 Top 100 Restructuring Professionals listing. Celebrating its 10th anniversary, the annual list highlights influential professionals in the restructuring, distressed M&A and turnaround communities.