The TCW Group, a leading global investment firm with over $200 billion of assets under management, announced today the launch of a dedicated Asset-Backed Finance (“ABF”) business that will be anchored with over $1 billion in capital commitments from TCW, partners, and affiliates.

LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies and a division of CIFC Asset Management LLC (“CIFC”), today announced the promotion of Homyar Choksi to Deputy Chief Investment Officer. Based in LBC’s Radnor, Pennsylvania headquarters, Mr. Choksi will continue to serve on the firm’s Investment Committee and lead the originations team while assuming additional investment responsibilities.

JPMorgan Chase (NYSE—JPM) today announced new and increased responsibilities for a number of key executives that will build upon the company’s successes and continue to position the firm for the future.

Hilco Corporate Finance (HCF), Hilco Global's investment banking advisory firm, has named Mark Birkett Senior Managing Director for Capital Advisory. He will be based in HCF's Chicago office.

SBA Communications Corporation (NASDAQ: SBAC) ("SBA" or the "Company" ) announced today that its wholly owned subsidiary, SBA Senior Finance II LLC ("SBA Senior Finance II"), has obtained a new $2.3 billion, seven-year, senior secured Term Loan B (the "Term Loan") and has increased and extended the maturity of its five-year senior secured revolving credit facility (the "Revolving Credit Facility").

B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as exclusive financial advisor to Fromm International (“Fromm” or the “Company”), a leading marketer of high-end beauty products, in connection with Firelight Capital Partners’ successful acquisition of the Company.

Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the findings from its third Venture Debt Review.

Huntington Business Credit announced it closed a $10,000,000 new credit facility with American Nitrile Operations, LLC on December 12, 2023. Proceeds of the facility will be used to fund working capital and continued investment in glove production capacity.

MidFirst Business Credit (MFBC) announced it has recently provided a working capital facility to Custom Equipment, LLC (“Custom”). Headquartered in West Bend, WI, Custom designs and manufacturers highly versatile scissor lifts that due to their unique agility, size and weight can accommodate various end-user environments.

First Citizens Bank today announced that its Healthcare Finance business provided $36.2 million in acquisition financing to Anchor Health Properties to recapitalize three medical office buildings located in Charlotte, North Carolina and Seattle, Washington. Anchor Health Properties acquired these assets directly for its own balance sheet.

Sallyport Commercial Finance, LLC announced Chris Huntington has joined as vice president business development on the East Coast. Huntington moved to Boston last year with his family, having worked in commercial finance the UK for the last 20 years.

Mitsubishi UFJ Financial Group (MUFG) is pleased to announce the closing of a $1.9 billion debt financing for EdgeCore Digital Infrastructure, conducted in conjunction with its owner, Partners Group, a leading global private markets firm acting on behalf of its clients, to fund scalable development of their data center campus in Mesa, Arizona.

Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it has secured additional cash to fund working capital as part of its amended credit facility with Cargill Financial Services International, Inc. ("Cargill").

Otterbourg P.C. announced today that Michael Rich has been promoted to Member of the Firm, effective January 1, 2024. Mr. Rich began his career at Otterbourg and has been an associate in the firm’s Banking and Finance Department for the past eight years – making him a home-grown star.

Caesars Entertainment, Inc. (NASDAQ: CZR) (the “Company”) today announced the pricing of its previously announced offering of $1.5 billion aggregate principal amount of Senior Secured Notes due 2032 (the “Notes”) at an interest rate of 6.500% per annum and an issue price equal to 100% of the principal amount of the Notes.

Targeted Lending Co., LLC, a prominent leader in the equipment finance industry, is excited to announce the successful closure of a $50 million credit facility with Wells Fargo Capital Finance.

SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $4 million credit facility for Super League Enterprise (Nasdaq: SLE), a leading strategically integrated publisher and creator of games and experiences across the world’s largest immersive digital platforms.

Blank Rome LLP is pleased to announce five new leadership appointments, effective January 1, 2024.

More and more businesses in need of fast, flexible working capital solutions beyond typical bank lending are turning to Culain Capital Funding. The latest is a mechanical services company based in NY, which recently received a $3MM accounts receivable factoring facility through Culain.

Kugman Partners announced that Tyler Burandt has joined. Burandt is a financial analyst with proven success in the development of complex financial modeling, compilation of extensive underwriting packages, and portfolio management.