News

Subway, one of the world's largest restaurant brands, is exploring a possible sale of the company. There is no indication of timing or assurance that a sale will occur. J.P. Morgan is advising the company and will conduct the sale...

Hyland Hill Investment Partners, an alternative credit investment firm focused on acquiring small balance private loans in North America, closed its inaugural $250 million fund, Hyland Hill Fund I.

Baker Hill expanded its partnership with Union Bank of Vermont and New Hampshire. The bank has upgraded to Baker Hill NextGen, a unified solution that streamlines loan origination and portfolio monitoring.

Mitsubishi HC Capital will integrate Mitsubishi HC Capital America, Mitsubishi HC Capital (USA) and ENGS Commercial Finance, its three group companies in the United States, on April 1.

Pemberton, an alternative credit specialist, has raised $1 billion for its working capital finance (WCF) strategy. The WCF strategy invests in receivables, payables and inventory financings for large and mid-market companies in both the U.S. and in Europe through an...

First Business Bank earned a 2023 Top Workplaces USA award, issued by Energage. The Top Workplaces USA program celebrates organizations with 150 or more employees based on 15 culture drivers critical to success.

The Lion Electric Company, a manufacturer of all-electric medium- and heavy-duty vehicles, entered into an agreement with Mitsubishi HC Capital Canada and ENGS Commercial Finance to provide financing solutions to Lion Electric school bus and truck customers.

Ares Management, and funds managed by its Credit Group, closed approximately $8.3 billion in U.S. direct lending commitments across 50 transactions during the fourth quarter of 2022.

B. Riley Securities, a middle market investment bank and subsidiary of B. Riley Financial, served as sole bookrunner on a successful underwritten public offering of Bed Bath & Beyond Series A convertible preferred stock and warrants.

Rocade launched as a specialty finance company focused on litigation finance with a long-term investment approach, in partnership with Barings, an investment manager.