Orrick hired Mike Mitchell, Preetha Gist and Mitch Naumoff, a team in the structured finance market, as partners in Washington, D.C. They joined Orrick from Chapman and Cutler.
Stifel Financial hired Charlie Smith as managing director in the firm’s venture and fund banking group. Based in California, Smith will be responsible for West Coast fund banking to venture capital and private equity funds.
Wells Fargo named Julie Caperton head of its private bank, which is a division of its wealth and investment management (WIM) business. This role will be in addition to Caperton’s current position as head of the banking, lending and trust center of excellence for WIM.
Horizon Technology Finance Management, a registered investment advisor that underwrites and manages secured loans, made several promotions and new hires, including elevating John C. Bombara, Daniel S. Devorsetz and Daniel R. Trolio to executive vice president roles.
Panagram Structured Asset Management, an Eldridge business and an SEC-registered investment adviser specializing in structured credit, officially launched. Panagram currently oversees approximately $13.5 billion in assets under management.
Apollo Global Management and its entities, clients and funds managed by its affiliates committed to invest up to $500 million in senior secured credit facilities originated by Victory Park Capital, a global investment firm with a track record in asset-backed credit origination.
Avante Capital Partners, a women-owned private credit and structured equity firm, completed a unitranche debt investment in Burton Plumbing Services to support a portfolio company refinancing by ShoreView Industries.
sticky.io, an e-commerce platform provider for subscription management and recurring billing, closed a $90 million material capital transaction with Goldman Sachs Asset Management’s private credit business.
H.I.G. Capital, a global alternative investment firm with $44 billion of equity capital under management, provided an investment to Cleo Communications, a global provider of ecosystem integration software solutions. Terms were not disclosed.
H.I.G. Capital, a global alternative investment firm with more than €36 billion ($50.76 billion) of equity capital under management, expanded its European WhiteHorse team with the addition of Sebastian Lorenz as principal and head of the DACH region.