Alpaca Real Estate (“ARE”), an alternative investment management firm, announced today the closing of a $50 million credit facility with Stifel Bank. This financing marks another key milestone in the firm’s growth, reflecting both the significant progress made in advancing its opportunistic investment strategy and the growing confidence that leading institutions have in its ability to deliver strong results.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in phData, Inc. (“phData”) by Gryphon Investors.

Haynes Boone is delighted to welcome Mergers and Acquisitions Partner Zachary Jacobs to the firm’s New York office. Jacobs is the latest addition to the firm’s nationally awarded Business Transactions Department, which earned the honor of Best Corporate Practice (Specialty – Midmarket) at The American Lawyer’s 2024 Industry Awards late last year.

Thoma Bravo, a leading software investment firm, today announced the completion of fundraising in connection with its Thoma Bravo Credit Fund III at $3.6 billion in total available capital, including anticipated leverage. This represents the firm's largest credit pool of capital to date and underscores the continued leadership and success of the Thoma Bravo Credit platform

Citizens Financial Group, Inc. (NYSE: CFG) today announced that it has further expanded its wealth management reach and capabilities in southern Florida, setting the stage for further growth in that key market.

Raymond Chun to become Group President and CEO on February 1, 2025; Board adopts new term limits; five directors to retire at 2025 Annual Meeting of Shareholders; Four new directors to stand for election at 2025 Annual Meeting of Shareholders; New chairs appointed for four of five Board committees

Portage Point Partners, LLC (Portage Point), a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, welcomes Peter Mangan to the Investment Banking team where he is a Managing Director based in the New York office. Peter has more than 15 years of investment banking experience in the consumer, food and retail (Consumer) sectors specializing in food, beverage, retail, e-commerce and consumer products.

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Silk Technologies ("Silk"), a leader in software-defined cloud storage.

Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as the Administrative and Collateral agent on a senior secured credit facility supporting Kingswood Capital Management’s acquisition of Branding Iron Holdings (“Branding Iron”).

Ciena Corporation (NYSE:CIEN), a networking systems and software services provider with a market capitalization of $12.58 billion, has refinanced its existing senior secured term loan with a new $1.16 billion loan, according to a recent SEC filing. The new loan, secured on Thursday, January 17, 2025, will mature on October 24, 2030, aligning with the maturity of the previous loan.

Dawsongroup (the ”Group”), a leading independent asset leasing business which provides a diverse range of business-critical solutions, and KKR, a leading global investment firm, today announce that KKR has entered into a binding agreement with the shareholders of Dawsongroup to acquire the Group.

The private equity owners of AlixPartners are exploring a potential sale of the US consulting firm, people with knowledge of the matter said. Caisse de dépôt et placement du Québec, Public Sector Pension Investment Board and Investcorp are working with advisers to gauge buyer interest in AlixPartners, according to the people.

Diamond Comic Distributors (“Diamond” or “the Company”), today announced that the United States Bankruptcy Court for the District of Maryland (“the Court”) has approved Diamond’s $41 million debtor-in-possession (“DIP”) financing agreement with JP Morgan Chase.

Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the closing of a $120 million senior loan and a $15 million mezzanine loan, together aggregating a $135 million loan package, facilitating the refinancing of the Empire Hotel.

Republic Business Credit worked through the winter holiday season to fund a $750,000 factoring facility for a Northeast business consulting agency, which specializes in helping technology companies optimize revenue and operational efficiency.

Stahl, who has a combination of in-house and firm experience, joins from a prominent asset management firm where he acted as lead counsel for transactions, including securitizations, asset acquisitions, secured financings, and related regulatory and compliance matters. His experience​s pans residential mortgage-backed securities (RMBS), asset-backed securities (ABS) including auto, credit card, utilities and other consumer classes, insurance, equipment and collateralized loan obligations (CLO) asset classes.

Raymond Chun, currently Chief Operating Officer, will be appointed Group President and Chief Executive Officer (CEO) on February 1, 2025, accelerating the previously announced transition date of April 10, 2025.

Sallyport Commercial Finance is thrilled to announce a new $500,000 factoring facility for a fast-growing staffing company in the Greater Toronto Area (GTA). Referred through a trusted partner, this new client underscores Sallyport’s commitment to supporting businesses in achieving their growth ambitions.

Maxim Commercial Capital (“Maxim”) announced impressive growth during 2024, continuing a multi-year trend. The hard asset secured lender reported a 25% increase in funded deals during the year as compared to 2023. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, heavy equipment, and real estate.

SFNet sent letters to President Trump and the 119th Congress defining the critical role our association’s members play in driving economic growth and outlining policy recommendations in support of this agenda. Our advocacy committee will be working with legislators and regulators to continue to shape outcomes in the interest of our industry.