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Home > Chapters > Canada > News Detail
  • Barclays office building with blue sky. Barclays Appoints Two New Senior Leaders in Investment Banking for Canada
    September 23, 2024
    Barclays today announces the appointments of Greg Petit as Head of Infrastructure, Power and Utilities for Canada, and Ken Davis as Head of Western Canadian Coverage. Mr. Petit will be based in Toronto, will report to Ryan Voegeli, Head of Investment Banking for Canada, and will collaborate closely with Sean Diskin, Head of Power & Utilities for the Americas.
  • Bahlam Capital Provides Mezzanine Loan to Albedo Solar
    September 23, 2024
    Bahlam Capital (“Bahlam”), a Central American-based private equity firm focused on transformational growth opportunities, announced that it provided growth capital in the form of a mezzanine loan to Albedo Solar Leasing, S.A. (“Albedo” or “the Company”) on July 17, 2024.
  • Orion Infrastructure Capital (OIC) Announces Three Strategic Leadership Promotions
    September 23, 2024
    OIC, a leading North American infrastructure investment firm with offices in New York, Houston, and London, has announced three internal promotions. Abbie Perry was promoted to Managing Director and Co-Chief Financial Officer, Fund Operations, Accounting & Tax.
  • Mitsubishi HC Capital America add James Elwood to Growing Construction Division
    September 23, 2024
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is strengthening its construction division with the addition of James Elwood, Senior VP – Strategic Development. He will be responsible for establishing strategic finance programs for manufacturers and distributors of construction equipment across the United States.
  • Gassel Joins CohnReznick as National Assurance Partner
    September 23, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that William (Bill) Gassel, CPA, has joined the firm as a partner in its National Assurance group. Based in Stamford, CT, Gassel focuses on assessing, developing, structuring, and managing internal quality control monitoring systems.
  • Silver Point Closes $4.6B Opportunistic Credit Fund
    September 23, 2024
    Silver Point Capital held the final close of its latest opportunistic credit fund at $4.6 billion, surpassing the $4 billion target and more than double the size of its 2019 predecessor fund, which closed at $1.7 billion.
  • Wingspire Capital Provides Revolver to 3PL Provider
    September 23, 2024
    Wingspire Capital provided a revolving credit facility to a third-party logistics firm for enhanced liquidity. The company is a leading innovator in e-commerce logistics and supply chain as a service, offering skilled low-cost labor and bespoke fulfillment with value-added warehousing services to upstart retailers and omnichannel brands.
  • KBRA Releases Research – Private Credit Funds: KBRA-Rated Portfolio Displays Stable Credit Performance and Structural Evolution
    September 23, 2024
    The private credit market, in particular the direct lending and infrastructure segments, continues to grow at a rapid pace, as reflected in the number of KBRA-rated private credit transactions.
  • CapitalPlus Supply Provides $3 Million in Materials to Support Louisiana Contractor
    September 23, 2024
    CapitalPlus Supply LLC, a leading material provider for the construction industry, is pleased to announce it has provided $3 million in materials to a prominent Louisiana-based marine contractor.
  • BofA Names David Dowd Asheville, NC President
    September 23, 2024
    Today, Bank of America is announcing that David Dowd has been named president of Bank of America Asheville. As president, David will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise, driving integration across the bank's eight lines of business.
  • TD Bank Group President and CEO Bharat Masrani to Retire April 10, 2025; Board Names Raymond Chun as Successor
    September 23, 2024
    TD Bank Group ("TD" or the "Bank") (TSX:TD) (NYSE:TD) and Chief Executive Officer, Bharat Masrani, today announced his intention to retire on April 10, 2025, after 38 years at the Bank and more than a decade as CEO.
  • JS Held's Lending Climate in America – 1st Quarter 2024 Survey: Lenders’ Expectations for the US economy’s Performance in the Longer Term Increases Significantly
    September 23, 2024
    With inflation continuing to impact the US economy, lenders are focused on the economic impact of the presidential election in November. Lenders’ expectations for the US economy’s performance in the longer term – beyond the next six months – has increased significantly from the prior quarter.
  • Axxes Capital Launches Interval Fund to Provide Accredited Investors Access to the Private Equity Asset Class
    September 23, 2024
    Axxes Capital Inc. (together with its affiliates, “Axxes”), a private markets investment firm dedicated to providing wealth advisors and their clients access to private markets solutions, today announced that it has launched the Axxes Private Markets Fund (the “Fund”), a registered interval fund that seeks to provide accredited investors with a portfolio of direct access co-investments and secondaries through an investor-friendly vehicle that can be purchased on a daily basis.
  • QualiFi LLC Secures $1 Million Credit Facility for RamClean in Just 48 Hours, Fueling Rapid Growth
    September 23, 2024
    QualiFi LLC, a leading boutique loan firm specializing in innovative financial solutions, proudly announces the successful facilitation of a $1,000,000 Credit Facility for RamClean, a rapidly expanding commercial cleaning company. Remarkably, this transaction was completed in just 48 hours, underscoring QualiFi's agility and commitment to supporting high-growth businesses.
  • Interplay Learning Closes Growth Investment from Goldman Sachs Alternatives and Acquires Industrial Training International
    September 23, 2024
    Interplay Learning (Interplay), a leading provider of immersive skilled trades training, today announced it has secured funding from Goldman Sachs Alternatives ("Goldman Sachs") and acquired Industrial Training International (ITI) to expand its footprint in key sectors. As part of this round of Investment, Interplay is adding Richard Waitumbi, Managing Director at Goldman Sachs, to its Board of Directors.
  • Forward Financing Announces Expanded $450 Million Credit Facility to Help More Small Businesses
    September 23, 2024
    Forward Financing, a national provider of revenue-based financing to small businesses, announced that the company increased their existing $250 million credit facility to $450 million.
  • Trinity Capital Inc. Increases its Credit Facility to $510 Million
    September 23, 2024
    Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced an increase to $510 million of total commitments under its credit facility led by KeyBank N.A.
  • SFNet New Member Spotlight: Goulston & Storrs
    September 19, 2024
    Goulston & Storrs is a full-service law firm known for its real estate, corporate, litigation, private client, and tax practices. We are home to nearly 250 attorneys practicing across multiple disciplines from offices in Boston, New York, and Washington DC.
  • Bankwell Hires Head of SBA Lending
    September 19, 2024
    Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Michael Johnston as Senior Vice President in the newly established role of Head of SBA Lending.
  • Sucro Limited Secures $325 Million Credit Facility Led by Rabobank
    September 19, 2024
    Sucro Limited (TSXV: SUGR) (OTCQB: SUGRF), a leading growth-oriented sugar refiner, is pleased to announce the successful completion of a new syndicated credit facility with Rabobank.
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  • Barclays office building with blue sky. Barclays Appoints Two New Senior Leaders in Investment Banking for Canada
    September 23, 2024
    Barclays today announces the appointments of Greg Petit as Head of Infrastructure, Power and Utilities for Canada, and Ken Davis as Head of Western Canadian Coverage. Mr. Petit will be based in Toronto, will report to Ryan Voegeli, Head of Investment Banking for Canada, and will collaborate closely with Sean Diskin, Head of Power & Utilities for the Americas.
  • Bahlam Capital Provides Mezzanine Loan to Albedo Solar
    September 23, 2024
    Bahlam Capital (“Bahlam”), a Central American-based private equity firm focused on transformational growth opportunities, announced that it provided growth capital in the form of a mezzanine loan to Albedo Solar Leasing, S.A. (“Albedo” or “the Company”) on July 17, 2024.
  • Orion Infrastructure Capital (OIC) Announces Three Strategic Leadership Promotions
    September 23, 2024
    OIC, a leading North American infrastructure investment firm with offices in New York, Houston, and London, has announced three internal promotions. Abbie Perry was promoted to Managing Director and Co-Chief Financial Officer, Fund Operations, Accounting & Tax.
  • Mitsubishi HC Capital America add James Elwood to Growing Construction Division
    September 23, 2024
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is strengthening its construction division with the addition of James Elwood, Senior VP – Strategic Development. He will be responsible for establishing strategic finance programs for manufacturers and distributors of construction equipment across the United States.
  • Gassel Joins CohnReznick as National Assurance Partner
    September 23, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that William (Bill) Gassel, CPA, has joined the firm as a partner in its National Assurance group. Based in Stamford, CT, Gassel focuses on assessing, developing, structuring, and managing internal quality control monitoring systems.
  • Silver Point Closes $4.6B Opportunistic Credit Fund
    September 23, 2024
    Silver Point Capital held the final close of its latest opportunistic credit fund at $4.6 billion, surpassing the $4 billion target and more than double the size of its 2019 predecessor fund, which closed at $1.7 billion.
  • Wingspire Capital Provides Revolver to 3PL Provider
    September 23, 2024
    Wingspire Capital provided a revolving credit facility to a third-party logistics firm for enhanced liquidity. The company is a leading innovator in e-commerce logistics and supply chain as a service, offering skilled low-cost labor and bespoke fulfillment with value-added warehousing services to upstart retailers and omnichannel brands.
  • KBRA Releases Research – Private Credit Funds: KBRA-Rated Portfolio Displays Stable Credit Performance and Structural Evolution
    September 23, 2024
    The private credit market, in particular the direct lending and infrastructure segments, continues to grow at a rapid pace, as reflected in the number of KBRA-rated private credit transactions.
  • CapitalPlus Supply Provides $3 Million in Materials to Support Louisiana Contractor
    September 23, 2024
    CapitalPlus Supply LLC, a leading material provider for the construction industry, is pleased to announce it has provided $3 million in materials to a prominent Louisiana-based marine contractor.
  • BofA Names David Dowd Asheville, NC President
    September 23, 2024
    Today, Bank of America is announcing that David Dowd has been named president of Bank of America Asheville. As president, David will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise, driving integration across the bank's eight lines of business.
  • TD Bank Group President and CEO Bharat Masrani to Retire April 10, 2025; Board Names Raymond Chun as Successor
    September 23, 2024
    TD Bank Group ("TD" or the "Bank") (TSX:TD) (NYSE:TD) and Chief Executive Officer, Bharat Masrani, today announced his intention to retire on April 10, 2025, after 38 years at the Bank and more than a decade as CEO.
  • JS Held's Lending Climate in America – 1st Quarter 2024 Survey: Lenders’ Expectations for the US economy’s Performance in the Longer Term Increases Significantly
    September 23, 2024
    With inflation continuing to impact the US economy, lenders are focused on the economic impact of the presidential election in November. Lenders’ expectations for the US economy’s performance in the longer term – beyond the next six months – has increased significantly from the prior quarter.
  • Axxes Capital Launches Interval Fund to Provide Accredited Investors Access to the Private Equity Asset Class
    September 23, 2024
    Axxes Capital Inc. (together with its affiliates, “Axxes”), a private markets investment firm dedicated to providing wealth advisors and their clients access to private markets solutions, today announced that it has launched the Axxes Private Markets Fund (the “Fund”), a registered interval fund that seeks to provide accredited investors with a portfolio of direct access co-investments and secondaries through an investor-friendly vehicle that can be purchased on a daily basis.
  • QualiFi LLC Secures $1 Million Credit Facility for RamClean in Just 48 Hours, Fueling Rapid Growth
    September 23, 2024
    QualiFi LLC, a leading boutique loan firm specializing in innovative financial solutions, proudly announces the successful facilitation of a $1,000,000 Credit Facility for RamClean, a rapidly expanding commercial cleaning company. Remarkably, this transaction was completed in just 48 hours, underscoring QualiFi's agility and commitment to supporting high-growth businesses.
  • Interplay Learning Closes Growth Investment from Goldman Sachs Alternatives and Acquires Industrial Training International
    September 23, 2024
    Interplay Learning (Interplay), a leading provider of immersive skilled trades training, today announced it has secured funding from Goldman Sachs Alternatives ("Goldman Sachs") and acquired Industrial Training International (ITI) to expand its footprint in key sectors. As part of this round of Investment, Interplay is adding Richard Waitumbi, Managing Director at Goldman Sachs, to its Board of Directors.
  • Forward Financing Announces Expanded $450 Million Credit Facility to Help More Small Businesses
    September 23, 2024
    Forward Financing, a national provider of revenue-based financing to small businesses, announced that the company increased their existing $250 million credit facility to $450 million.
  • Trinity Capital Inc. Increases its Credit Facility to $510 Million
    September 23, 2024
    Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced an increase to $510 million of total commitments under its credit facility led by KeyBank N.A.
  • SFNet New Member Spotlight: Goulston & Storrs
    September 19, 2024
    Goulston & Storrs is a full-service law firm known for its real estate, corporate, litigation, private client, and tax practices. We are home to nearly 250 attorneys practicing across multiple disciplines from offices in Boston, New York, and Washington DC.
  • Bankwell Hires Head of SBA Lending
    September 19, 2024
    Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Michael Johnston as Senior Vice President in the newly established role of Head of SBA Lending.
  • Sucro Limited Secures $325 Million Credit Facility Led by Rabobank
    September 19, 2024
    Sucro Limited (TSXV: SUGR) (OTCQB: SUGRF), a leading growth-oriented sugar refiner, is pleased to announce the successful completion of a new syndicated credit facility with Rabobank.
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