News

Citizens‘ Business Conditions Index (CBCI) rose to 56.1 in Q3/22, regaining momentum after a drop in Q2 economic sentiment prompted by inflation concerns. Q3’s score extends the index’s streak to eight straight quarters above 50, indicating continued growth conditions for...

Angel Oak Capital Advisors launched the Angel Oak UltraShort Income ETF. The firm’s first exchange-traded fund provides investors a unique opportunity to invest in short-duration structured credit assets and cash-like instruments that seek to provide higher yield without sacrificing credit...

Kapitus selected Mambu’s cloud banking platform as its technology foundation. Kapitus will leverage Mambu’s low-code, composable lending engine to achieve a faster time-to-market as it evolves the commercial lending space.

Ares Management, a global alternative investment manager, completed the final closing of its Ares Special Opportunities Fund II (ASOF II). With strong global investor support, ASOF II closed at its hard cap with $7.1 billion of commitments.

KKR, a global investment firm, and Mubadala Investment Company, a global sovereign investor, signed a strategic partnership that will see the two firms co-investing across performing private credit opportunities in the Asia Pacific (APAC) region.

nFusion Capital released its third quarter results. nFusion Capital provided 39 new factoring, inventory finance and asset-based lending facilities during the third quarter of 2022 for an aggregate of $14 million and $102 million in receivables purchased.

Antares announced the recipients of $1 million in grants as part of the firm’s REACH program. This inaugural grant program was created in partnership with the Global Entrepreneurship Network and Hello Alice to help level the playing field for entrepreneurs...

nFusion Capital provided 39 new factoring, inventory finance and asset-based lending facilities during the third quarter of 2022 for an aggregate amount of $14 million.

Cadence Bank launched its new brand identity and corporate website, underscoring its continued commitment to helping people, companies and communities prosper and delivering on its brand promise of creating ease for customers.

Lumileds Holding, a global provider of innovative lighting solutions, reports the United States Bankruptcy Court for the Southern District of New York has confirmed the company’s plan of reorganization.