News

CohnReznick was honored twice in the 2021 Turnaround Atlas Awards presented by Global M&A Network in a virtual awards ceremony.

VION Investments, an Atlanta-based provider of funding to companies managing receivable assets, provided investment capital to GemCap. This partnership combines with GemCap’s expertise with incremental capital to create a new source of funding for markets underserved by traditional lenders.

Pemberton, a European private credit manager backed by Legal & General Group, launched Pemberton Wealth & Asset Management Solutions. This new initiative is aimed at providing access to private debt opportunities in Europe to wealth and asset managers and their...

Star Mountain Capital, a specialized investment manager focused on investing in private small- and medium-sized businesses, hired Bob Shettle as a managing director. Shettle has 30 years of experience investing senior debt, junior debt and private equity and making lower...

IDS, a provider of enterprise solutions for the secured finance industry, signed a partnership agreement with Tamarack Technologies, a provider of digital transformation services and solutions for the equipment finance industry.

H.I.G. WhiteHorse closed its latest direct lending strategy, H.I.G. WhiteHorse Direct Lending Fund - 2020. The fund closed with aggregate capital commitments of approximately $1.65 billion.

As much of the U.S. reopens nearly a year and a half since the outbreak of the COVID-19 pandemic in the country, midsize business leaders’ optimism about their industries and companies have hit record highs, according to JPMorgan Chase’s 2021...

Runway Growth Credit Fund logged $80.7 million in funded loans in Q2/21. Since inception in 2016, the firm has achieved $1.1 billion in total loan and investment originations and $903.5 million in funded investments.

Three Pennsylvania-based business and mergers and acquisitions experts launched TwelveDawn Mergers & Acquisitions, a mid-sized financial and strategic consulting firm focused on owners seeking to create an exit for their going concerns.

Limetree Bay Refining filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. The company received commitments for up to $25 million in new DIP financing and retained B. Riley Advisory Services as restructuring advisor, with Mark Shapiro serving...