Phoenix Management, a part of J.S. Held’s “Lending Climate in America” survey results reveal concern for the second half of 2024, despite expected interest rate declines and customer’s expansion plans.

The following Cohn & Dussi attorneys were chosen as Top Lawyers for 2023: Managing Partner Lewis J. Cohn in the field of bankruptcy and workouts Partner Richard E. Alpert in the field of personal injury law Partner Russell A. Rosenthal in the field of personal injury law Associate Andrew B. Glaab in the field of bankruptcy and workouts

Audax Private Debt announced that, as Lead Investor, it provided Mezzanine Notes to support Sentinel Capital Partners’ (“Sentinel”) investment in Market Performance Group (“MPG” or the “Company”), a provider of sales strategy, account management, data and analytics, and other outsourced marketing services to health, beauty, personal care, and food brands across e-commerce and brick-and-mortar retail channels.

Amerisource Business Capital announced the closing and funding of a $10,000,000 acquisition and working capital facility for a Texas-based provider of wireline solutions, including perforating, logging, pipe recovery, and other wireline services to the US energy industry.

The Equipment Leasing & Finance Foundation (the Foundation) releases the January 2024 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $1 trillion equipment finance sector.

Dwight Funding, a modern asset-based lender providing flexible working capital to consumer brands announced new transactions.

Edge Capital is a family office-backed specialty finance company focused on providing working capital solutions to businesses looking for flexibility and to those that may not have access to traditional bank financing. Edge is free from the layers of approvals, one-size-fits all approach, and regulations of most financial lending institutions.

NGL Energy Partners LP (NYSE: NGL) (“Partnership” or “NGL”), together with its wholly owned subsidiary NGL Energy Operating LLC (“NGL Energy Operating”), today announced plans to syndicate a new seven-year $700 million senior secured term loan facility (the “Term Loan Facility”).

Golub Capital BDC, Inc. (“GBDC,” or the “Company”), a business development company (Nasdaq: GBDC), announced today that it entered into a definitive merger agreement with Golub Capital BDC 3, Inc. (“GBDC 3”), with GBDC as the surviving company, subject to certain stockholder approvals and customary closing conditions.

Ares Commercial Finance announced today that it has provided a senior secured revolving line of credit to a Decorative Lighting distributor. The proceeds via this transaction will be used to support the Company’s working capital needs and refinance a portion of the company’s existing debt.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has created a new level of leadership within its expanding Commercial Real Estate practice, elevating three partners to U.S. regional leadership positions.

Golub Capital marked the start of its 30th anniversary year and reported key milestones achieved in 2023. The Firm raised a record $13.9 billion of new investment firepower and grew capital under management to over $65 billion, a new high.1 The Firm also announced strong credit results and deal activity, closing $13.7 billion in financing commitments.

Aspen Power, a leading distributed generation platform with a mission to accelerate and democratize decarbonization, today announced it has completed three financings totaling $241 million with J.P. Morgan, Lombard Odier, and Mitsubishi UFJ Financial Group, Inc. (MUFG).

KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses, today announced that it has completed the final closing of its latest travel and leisure focused private credit fund, KSL Capital Partners Credit Opportunities Fund IV, L.P. ("Credit Fund IV") with total commitments of $1.26 billion, including the commitment of the General Partner. The fund exceeded its $1 billion target, closing at its hard cap of limited partner commitments.

J.P. Morgan today released its 2024 outlook for the alternative investment landscape. www.jpmorgan.com/altsoutlook. Uncertainty has remained a central theme in financial markets over the past several years. Surging inflation, rapid interest rate increases, slowing global growth, increased geopolitical risks and elevated stock and bond market volatility have all dramatically shifted the investment landscape, and alternative investments have not been immune.

Diamond Sports Group (“Diamond” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (“RSA”) with its largest creditor groups, including over 85% of the Company’s first lien debt holders, over 50% of the Company’s second lien debt holders, and over 66% of unsecured bond holders, which provides a framework for a reorganization plan that would enable Diamond to emerge from bankruptcy as a going concern and continue its operations.

American Nuts, a sponsor-backed company, was referred to Gibraltar Business Capital (GBC) for its strengths in working with financial sponsors. American Nuts is a California-based, vertically integrated importer and processor of nuts, seeds, dried fruit, and other bulk products to industrial and retail customers. The company also provides category management and merchandising services to grocery customers through its value-added distribution arm.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare companies worldwide, is pleased to announce that its Healthcare Real Estate and ABL Group continued its stable growth in 2023, with Oxford providing over $430 million of capital commitments.

Vox Royalty Corp., a returns focused mining royalty company, is pleased to announce that it has entered into a definitive credit agreement with the Bank of Montreal providing for a $15 million secured revolving credit facility (the "Facility").

Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit, today announced that it has closed a refinancing agreement for a US$225 million debt facility with Zip Co Limited (“Zip”), a global leader in the digital retail finance and payments industries. The transaction will support the growth of Zip’s US receivables.