News

Norm Law, an AI-native law firm built for global institutional clients, appointed Bill Mone as partner and head of private equity. Mone joins Norm Law after more than 25 years in BigLaw, most recently at Ropes & Gray, a global...

InvestiFi, an InvestTech platform designed to allow for investing to and from checking accounts, has engaged with Freedom Bank to embed its digital solutions into the bank’s online banking platform. Through this relationship, the bank’s clients will be able to...

New Era Energy & Digital, a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, through its subsidiary, Texas Critical Data Centers, entered into a definitive term loan agreement establishing a senior secured term...

Chicago Atlantic, an alternatives investment manager focused on niche markets, launched its emerging markets private credit strategy, which is expected to expand the firm’s private credit capabilities into high-growth markets across Latin America, Asia, Eastern Europe, the Middle East and...

H.I.G. Capital, a global alternative investment firm, appointed Brian Schwartz, a longstanding member of H.I.G.’s leadership team and the firm’s co-president, as CEO. Schwartz succeeds co-founder Sami Mnaymneh, who will transition to executive chairman alongside fellow co-founder Tony Tamer. As...

First Business Bank’s asset-based lending team recently closed and funded a $5.1 million credit facility to support the acquisition of a New Jersey industrial packaging manufacturer. First Business Bank expanded the client’s existing financing to cover the full scope of...

NXT Capital closed a senior credit facility in support of CenterOak Partners’ acquisition of Grismer Tire & Auto Service. NXT Capital acted as joint lead arranger, joint bookrunner and administrative agent on this transaction. “NXT Capital’s insight and support were...

TradeCap Partners closed a $4 million purchase order (PO) funding facility for a distributor of industrial parts and materials. TradeCap’s facility was used to support high volume and time-sensitive customer orders. The customized funding solution was structured to support the...

Sumitomo, SMBC Aviation Capital, Apollo-managed funds and Brookfield completed the previously announced acquisition of Air Lease and renamed the business Sumisho Air Lease. This transaction is aimed at improving the financial position of the business with long-term support and aviation...

First Bank appointed Will Aiken as managing director, specialty businesses. In this role, Aiken will oversee a portfolio of First Bank’s specialty businesses, including CarBucks, SBA, bankcard, syndications and asset-based lending. With more than 20 years of banking experience and...