Hitachi Capital America named Executive Vice President Terry Hatfield its new operational excellence leader and hired Valerie Pagliaro as senior vice president and chief financial officer.
Christopher Norrito joined Hitachi Capital America as a director of Structured Credit and Operations. He will report to Jim Giaimo, vice president and chief credit officer, Commercial Finance.
Hitachi Capital America signed a definitive agreement to purchase the assets of Global Technology Finance, a supply chain financing provider to value added resellers in the technology industry.
Hercules Capital replaced its existing $100 million credit facility with MUFG Union Bank with a new $200 million credit facility, under which City National, Umpqua Bank, Hitachi Capital America and Mutual of Omaha Bank joined MUFG as lenders.
Greg L’Herault joined the business development team of Hitachi Business Finance, where he will concentrate his efforts on attracting new asset-based lending, syndication and factoring clients across the United States.
Hitachi Capital America added Todd Glickstern as director of Originations for the firm’s Structured Finance Division.
Hitachi Capital America’s trade finance team will be expanding its capabilities to Mexico, as well as continuing its growth in its trade finance portfolio.
Chuck McKay joined Hitachi Capital America as vice president of corporate development, responsible for managing business planning, strategic marketing and acquisition targeting across HCA.
Hitachi Business Finance, a division of Hitachi Capital America, completed five syndicated transactions and provided two A/R financing facilities for a total of $74.2 million.
Tree Line Capital Partners expanded its lower middle-market direct lending platform with $267 million of new capital. The company also promoted Frank Cupido to partner.