Capital Southwest appointed Ramona Rogers-Windsor a new independent member of its board of directors. Rogers-Windsor is a senior finance executive with more than 38 years of experience across multiple segments of the financial services industry.
A subsidiary of Ares Management entered into a definitive agreement with a subsidiary of BrightSphere Investment Group and Landmark Investment Holdings to acquire 100% of Landmark Partners. The transaction is valued at $1.08 billion.
Guggenheim Investments appointed Dina DiLorenzo and David Rone co-presidents of the company and managing partners of Guggenheim Partners. In addition, Anne Walsh was named a managing partner of Guggenheim Partners and Jerry Miller was appointed vice chairman of the Guggenheim Investments board.
Horizon Technology Finance Management entered into an agreement with Waterfall Asset Management to originate and manage a venture debt portfolio. Horizon will originate and manage an initial commitment of $100 million, with the potential to increase to $300 million over time.
Crescent Capital Group’s European specialty lending strategy provided a unitranche facility to support the refinancing of DMC Group, a global platform of needlecraft brands and a portfolio company of Lion Capital.
Annaly Capital Management entered into a definitive agreement to sell its commercial real estate business to Slate Asset Management, a global investment and asset management firm focused on real estate. The transaction is valued at $2.33.
Newtek Business Lending, a portfolio company of Newtek Business Services that originates and funds SBA 504 loans, closed a $100 million credit facility with Deutsche Bank. The facility will be used to fund SBA 504 loans and has an initial two-year term.