Rick Kurz has been appointed President of Flagstar Financial & Leasing LLC and Flagstar Public Funding Corp., effective immediately, succeeding Walter Rabin, who retired on May 9. Mike Jones will assume Rick’s former role, in an expanded title as Head of National Sales and Strategy for Flagstar Financial & Leasing LLC, reflecting his strong track record in business development and national sales leadership.

Georgia Banking Company (GBC) announces the launch of its Retail Mortgage origination channel, another significant step in the company's strategic growth plan. The expansion is set to provide comprehensive mortgage solutions to homebuyers and homeowners across metro Atlanta, reinforcing GBC's commitment to enhancing its service offerings and market presence.

NXT Capital announced today that it closed a senior credit facility in support of Cressey & Company’s new partnership with Paradigm Health. The Company’s existing investor, Havencrest Capital Management, also invested alongside Cressey. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.

US Capital Global is pleased to announce the appointment of Erick G. Schenkhuizen as Vice President at its Newport Beach office, marking a significant step in the group’s continued expansion across the West Coast. In his new role, Mr. Schenkhuizen will lead the delivery of customized debt and equity financing for middle-market businesses, as well as customized wealth management and investment solutions for high-net-worth individuals, affluent families, and independent RIAs in the U.S. and globally.

Gordon Brothers, the global asset experts, and Nations Capital, a Gordon Brothers Company, are offering for sale by private treaty all the machinery and inventory related to Nikola Corporation’s hydrogen business.

Amerisource Business Capital is pleased to announce the successful closing and funding of a $30,000,000 asset-based lending facility to support the working capital needs of a Southwest-based company specializing in the design, fabrication, and maintenance of midstream energy infrastructure, including treating plants and flowlines. This facility will support the company’s ongoing working capital requirements.

o15 Capital Partners ("o15"), through its o15 Emerging America Credit Opportunities ("EACO") fund, is pleased to announce a $28 million senior secured debt investment in Simplify Compliance Holdings, LLC ("Simplify" or the "Company"), a diversified B2B information services platform backed by Leeds Equity Partners ("Leeds Equity").

Barclays today announced the appointment of Marc Warm as Global Co-Head of Capital Markets, alongside Tom Johnson and Travis Barnes. Marc will report to Cathal Deasy and Taylor Wright, Global Co-Heads of Investment Banking and be based in New York.

PNC Bank today announced entry into a definitive agreement to acquire Aqueduct Capital Group, a placement agent focused on raising capital for private equity, private credit and real asset managers through its broad access to sophisticated, global pools of capital.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized multifamily and seniors housing bridge lending platform, announced the financing of a senior bridge loan and working capital facility for three skilled nursing facilities in Florida, totaling $108,750,000.

Beach Point Capital Management LP ("Beach Point"), a diversified alternative asset manager, today announced the close of over $1.25 billion of capital commitments across both BPC Opportunities Fund V LP (the "Opportunities Fund V") and BPC Real Estate Debt Fund ("BPRED"), which raised over $750 million and $545 million of investable capital, respectively.

Blank Rome LLP is pleased to announce that K. Terrell Hutchins has joined the firm’s New York office as an associate in the Finance, Restructuring, and Bankruptcy group. He joins the firm from Otterbourg P.C.

​King Trade Capital is pleased to announce the closing of a $1.8MM purchase order finance facility for an aerospace parts company in support of their newly awarded U.S. Air Force contract. The client approached King Trade Capital seeking a fast and flexible finance solution to support the acquisition and refurbishment of five nose landing gears required under the contract.

Republic Business Credit is pleased to announce the expansion of its legal team with the addition of Katie Hay as VP, Legal Analyst. She will report to VP, Legal Manager Christy Morgan and will be based in Republic’s New Orleans office.

Our client is a Houston-based fabricator focused on interior design for commercial spaces. After realizing that complex design projects were often overlooked or cut from the budget of construction projects, the owners combined their expertise and creativity to meet the need. The shop currently offers various services to the design community across Texas.

First Citizens Bank today announced that its Aerospace, Defense & Government Services business provided $50 million to Space Leasing International (“SLI”). Founded in 2023, Libra Group’s SLI is building on Libra’s 20+ years of aviation leasing experience to become the world’s first space leasing company dedicated to the full spectrum of space assets. First Citizens Bank has been a long-time, trusted banking partner of Libra Group and its subsidiaries, LCI and Lomar Shipping.

Laveran-Stiebar comes to Clifford Chance from Covington & Burling, bringing more than 25 years of experience in cross-border acquisitions and divestitures across a range of industries globally and in the US, with a particular focus on healthcare and life sciences. He's advised on a range of complex transactions including cross-border M&A, private equity investments, product sales and acquisitions and joint ventures involving multi-jurisdictional coordination, regulatory navigation and tailored structuring.

Mayer Brown announced today that Daniel Serota has joined the firm as a partner in New York, the latest in a series of new hires to join the firm’s global Corporate & Securities practice. Dan brings extensive corporate finance, M&A, and private equity experience and will co-lead Mayer Brown’s Financial Services Mergers & Acquisitions practice. He joins from Sidley Austin LLP.

B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced that Scott Yessner has been appointed Chief Financial Officer, effective June 3, 2025. Mr. Yessner, who has served as a strategic advisor for B. Riley Financial for the past two months, will succeed Phillip Ahn, who is departing to pursue another opportunity.

Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Source One Financial Services, LLC (“Source One”) to originate and purchase consumer recreational vehicle (“RV”) and marine loans. The initial pool is expected to be $250 million.