News

The board of directors of Credit Suisse Group has unanimously accepted the resignation of Tidjane Thiam and appointed Thomas Gottstein as the new CEO of Credit Suisse Group.

Greg Seibly will join Union Bank as president and head of Regional Banking, effective March 2, 2020.

Sativa Rasmussen has joined the Dorsey & Whitey’s Seattle office as an attorney in the Cannabis Practice Group. _x000D_ _x000D_

North Mill Capital closed a $1 million accounts receivable facility for Master Packing & Rubber.

Christianne Kerns has been elected Hahn & Hahn’s Managing Partner effective March 1, 2020. She is the first woman chosen to lead the firm.

First Eagle Alternative Credit closed its fourth middle-market direct lending fund, THL Credit Direct Lending Fund IV with $782 million of available investment capacity including leverage.

First Business Growth Funding reported a 103% increase in 2019 factoring volume over the prior year with a corresponding 85% increase in gross revenues.

Wingspire Capital Holdings has provided a $36.5 million senior secured loan to R.W. Sidley.

The American Bankruptcy Institute reported total commercial Chapter 11 filings in January 2020 increased 72% over the same period last year, according to data provided by Epiq Systems.

Tree Line Capital Partners served as sole lender for a first lien term loan to support McNally Capital’s investment in Re-Sourcing Holdings.