Tag Archives: Jefferies

BlackRock, UBS, JPMorgan Chase and Others Provide $280MM Credit Facility to Pagaya

Pagaya Technologies closed a $280 million credit facility with participation from funds and accounts managed by BlackRock U.S. Private Capital, UBS O’Connor, JPMorgan Chase, Valley Bank and Israel Discount Bank. Jefferies served as sole arranger on the transaction.

Aterian Investment Partners Closes $460 CV Fund

Aterian Investment Partners, a middle-market private equity firm, closed Aterian Opportunities II, a single asset continuation vehicle (CV) of approximately $460 million. With the closing of the CV, Aterian has now raised more than $2 billion of commitments across six different investment funds.

Ares and Vinci Partners Enter Strategic Partnership and Investment

Ares Management Corporation and Vinci Partners Investments reached an agreement to form a strategic partnership. Additionally, an affiliate of Ares will concurrently make a $100 million investment in new convertible preferred shares to be issued by Vinci.

Barretts Minerals and Barretts Ventures Texas File for Chapter 11 Protection

Minerals Technologies and its subsidiaries, Barretts Minerals (BMI) and Barretts Ventures Texas filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas to address and comprehensively resolve BMI’s liabilities associated with talc.

Banc of California to Merge with PacWest Bancorp

Banc of California signed a definitive merger agreement with PacWest Bancorp. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction.