New Content Archives - Page 17 of 19

KKR, East Asset and Axar Fund Callodine’s Acquisition of Gordon Brothers Finance Company

Callodine Group agreed to acquire Gordon Brothers Finance Company. As a result, Gordon Brothers Finance Company changed its name to Callodine Commercial Finance. The acquisition is being funded in part by financing from KKR, East Asset Management and Axar Capital Management.

BlackRock Capital Appoints Singhal President, Miller CFO and Treasurer

BlackRock appointed Nik Singhal president and Abby Miller CFO and treasurer. Singhal previously served at HBK and was a vice president at Lehman Brothers. Miller was an executive director at Rabobank and also served at Fortress and MUFG.

November 5, 2020 Abby Miller | BlackRock Capital Investment Corporation | James Keenan | Michael Pungello | Nik Singhal Ellie Delany

Slate Asset Management Provides $75MM Credit Facility to InnVest Hotels

Slate Asset Management, an alternative asset management platform with a focus on real estate, provided a $75 million non-revolving credit facility to InnVest Hotels, an owner and operator of hotels in Canada.

November 5, 2020 Doug Podd | George Kosziwka | InnVest Hotels | Slate Asset Management Ellie Delany

Cross River Closes First Loans Under New Lender Finance Platform, Totaling $19.125MM

Cross River Bank, an New Jersey state-chartered FDIC-insured bank, closed its first loans under its recently developed lender finance platform. The loans totaled $19.125 million

November 5, 2020 Cross River Bank | Jack Adler | Shimon Eisikowicz Ellie Delany

Pemberton Appoints Hamilton Managing Director, North America Business Development

European private credit asset manager Pemberton appointed Scott Hamilton to managing director for North American business development. Hamilton most recently served as managing director of institutional distribution at Alcentra.

November 4, 2020 Antoine Josserand | Pemberton | Scott Hamilton Ellie Delany

Star Mountain Completes 100th Investment

Investment manager Star Mountain Capital recently completed its 100th private investment.

November 3, 2020 Brett Hickey | Chris Birosak | Star Mountain Capital Ellie Delany

Audax Agents Financing to Support True Wind Capital’s Investment in AIA Contract Documents

Audax Private Debt acted as agent and sole lead arranger on a unitranche debt financing to support the investment in AIA Contract Documents by True Wind Capital Management, a San Francisco-based private equity firm.

November 2, 2020 Aaron Matto | AIA Contract Documents | Audax Private Debt | Ryan Benedict | True Wind Capital Ellie Delany

Oaktree Specialty Lending Merges with Oaktree Strategic Income

Oaktree Specialty Lending and Oaktree Strategic Income are merging, with Oaktree Specialty Lending as the surviving company. Oaktree Fund Advisors waived a total of $6 million of management fees for two years following closing in support of the merger.

Portman Ridge Finance Merges with Garrison Capital

Portman Ridge Finance and Garrison Capital have merged. The combined company will be externally managed by Sierra Crest Investment Management.

Cyprium Partners Completes Subordinated Debt Investment in Kustom US for Zion Acquisition

Cyprium Partners completed a subordinated debt investment in Kustom US to support the acquisition of Zion Restoration.

October 30, 2020 Andrew Zavodney | Cindy Babitt | Cyprium Partners | Kustom US | Zion Ellie Delany

Category: New Content