News

The private credit team of Adams Street Partners, a private markets investment firm with more than $65 billion in assets under management, closed a $350 million middle market collateralized loan obligation (CLO), ASP PIF CLO I. The transaction marks a...

Marathon Asset Management and Webster Bank closed a senior secured credit facility to support H.I.G. Capital’s acquisition of Shore Excursions Group. Marathon served as lead left arranger, while Webster acted as administrative agent for the transaction. The financing was provided...

Altriarch Asset Management closed a $20 million invoice factoring facility to support the ongoing expansion of a leading global staffing and workforce management provider. For over 20 years, the company has delivered payroll, compliance and workforce management solutions to clients...

Sallyport Commercial Finance funded a $2,000,000 accounts receivable facility for a growing Canadian food manufacturing and consumer packaged goods (CPG) company focused on scaling its brand across North America. Referred by a peer in the alternative finance industry, the company...

SouthStar Capital funded a $1.5 million accounts receivable financing facility for a privately owned industrial services company in the Gulf Coast region. As project volume increased, labor and operating expenses began to outpace customer payment cycles, creating the need for...

First Business Bank’s floorplan financing team funded a $2.2 million inventory floorplan line of credit with an independent used car dealership in Pennsylvania. The established dealer made the strategic decision to transition their floorplan financing from their incumbent lender of...

CohnReznick, a professional services firm, promoted 14 professionals to its partnership, effective Feb. 1, 2026. The newly promoted partners bring expertise across service lines and industry groups and will be integral to advancing the firm’s growth trajectory. “CohnReznick’s ability to...

Travis Edlund, a lifelong San Antonian and second‑generation San Antonio banker, has been named San Antonio Region chairman for PlainsCapital Bank, effective immediately. Edlund succeeds Mike Molak, who retired on Jan. 2, 2026, after more than 40 years in the...

James Davison and Victoria Procter have joined Katten Muchin Rosenman UK’s restructuring practice as partner and counsel respectively in London. “It is our privilege and pleasure to ring in the start of 2026 with the addition of two highly respected...

Abacus Global Management, a company in the alternative asset management industry, launched an asset-based finance (ABF) strategy within Abacus Asset Group. The strategy will be led by Monty Cook, head of private credit at Abacus and former Head of asset-based...