Oak Hill Advisors (“OHA”) served as Administrative Agent and Joint Lead Arranger for the private unitranche facility used to support the acquisition of Triumvirate Environmental, Inc. (“Triumvirate”) by Berkshire Partners.

Encina Lender Finance, LLC (“ELF”) announced today that the company has provided a $46 million “first-out” commitment in partnership with a structured credit fund. The facility is secured by a pool of unsecured consumer installment loans.

Garnet Capital Advisors, a leader in the national loan sale market, is pleased to announce the closing of the sale of a credit facility collateralized by a $117 million subprime lease portfolio on behalf of the co-lenders, who are leading institutions in the industry.

Eclipse Business Capital, LLC (“EBC”) today announced the successful upsizing of its primary asset-based lending (ABL) facility to $1.895 billion. The upsize, agented by Wells Fargo and backed by a syndicate of premier banks, aligns with the firm’s outlook for growth in 2025 and beyond.

Breakout Finance (the “Company” or “Breakout”), a leading provider of tailored working capital solutions, today announced its fifth consecutive year of growth in term loan originations. Since its inception in 2015, the Company has originated more than $500 million in loans for borrowers in nearly all 50 states, and continues to redefine the process of securing short-term financing for its business clients.

Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Pathward” or “company”), a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, announced that Anjana Berde has joined the company as the Executive Vice President and Chief People and Culture Officer.

Porter Capital, a leader in specialty financing solutions, has acquired a prominent factoring firm specializing in the staffing sector. This strategic move expands Porter Capital’s presence in the staffing industry and underscores its commitment to delivering tailored financial solutions to B2B businesses across the United States.

MONTICELLOAM, LLC (“MonticelloAM”), a specialized seniors housing and multifamily bridge lending platform, announced the firm, along with firm affiliates, completed 55 transactions totaling over $2.19 billion in bridge, mezzanine, and working capital financing in 2024.

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has appointed Kipp deVeer and Blair Jacobson to the newly created positions of Co-Presidents, effective immediately. Both Mr. deVeer and Mr. Jacobson will report to Michael Arougheti, Ares’ Chief Executive Officer.

Overland Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo, announced today that it served as sole lead arranger and book-runner for a $215.0 million credit facility in support of a new loan origination to facilitate the ongoing growth of FFF Enterprises, Inc. ("FFF").

1st Commercial Credit, LLC, a leading provider of invoice factoring solutions for businesses in staffing, manufacturing, distribution and transportation, is revolutionizing the funding process with the launch of its QuickBooks® integration, enabling clients to automate invoice submissions and accelerate funding requests with ease.

Liberated Brands, the former operator of licences for Quiksilver, Volcom and Billabong, has filed for Chapter 11 bankruptcy protection in a Delaware court. According to the company’s filing, it intends to wind down its North American operations.

ORIX Corporation USA’s (“OCU”) Growth Capital business today announced it has successfully closed a debt financing facility for Piano Software, Inc. (“Piano”), a global leader in digital experience management, customer journey orchestration, and advanced analytics.

eCapital Corp. ("eCapital"), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, has provided a $10 million asset-based lending (ABL) facility to support the growth and operational needs of a behavioral health facility in Tennessee.

The funding will enable Piano to enhance its platform capabilities, expand its market presence, and support strategic initiatives aimed at driving growth and delivering innovative digital solutions to its clients

Silver Point Capital, a global leader in credit investing, today announced it has closed a new fund that will focus on investing in the equity tranches of Silver Point-managed broadly syndicated loan (BSL) CLOs. The Fund accepted capital commitments of $250 million.

Latham & Watkins LLP1 is pleased to announce that Jerome McCluskey has joined the firm as a partner in the Banking and Private Equity Finance Practices. He is resident in the New York office and looks forward to expanding his practice to Boston.

Winston & Strawn LLP has appointed intellectual property partner Krishnan Padmanabhan (KP) to New York Office Managing Partner. He succeeds partner Mats Carlston who has served in the role since 2021 and remains co-chair of the firm’s Finance Practice Group.

Katten announced today that leading Structured Finance and Securitization attorney Seth M. Messner is the new managing partner of the firm's Washington, DC office, replacing Timothy J. Lynes, who led the office for eight years.

A new survey from Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, revealed a dramatic surge in confidence and optimism from chief financial officers (CFOs).