World Insurance Associates LLC (“World”), one of the fastest-growing insurance brokerages in the U.S., announced today that funds advised by Goldman Sachs Asset Management (“Goldman Sachs”), through its Private Equity and Hybrid Capital teams, have entered into a definitive agreement to make a major investment in the company.

Alantes Corporate Finance specializes in capital raises and strategic advisory for small- to middle-market businesses across the nation. Our team prides itself on our ability to provide unique solutions for all of your business needs. Whether you’re looking to acquire a new company or additional working capital for operations, Alantes is your trusted source for business growth and expansion.

Aurous Financial Services is the first of its kind. Intended to offer the best solution for small and medium-sized commodities importers, Aurous Financial provides short-term bridge financing, on your terms.

SierraConstellation Partners (SCP) is a national interim management and advisory firm serving middle-market companies and their partners and investors that are navigating their way through difficult business challenges. Built on a foundation of core values, our team of former CEOs, COOs, CFOs, private equity investors, and investment bankers, apply their real-world experience, operational mindset, and hands-on approach to deliver effective operational improvements and financial solutions.

The Merchant Opportunities Fund, a Vancouver-based private debt fund focused on investing in specialty finance portfolios, today announced that it has increased its revolving debt facility with the Bank of Montreal ("BMO"). The facility now consists of a $70 million funding commitment with a two-year term along with a $30 million accordion, with a Schedule 1 bank being added to the now syndicated facility.

Tronox Holdings plc (TROX) recently announced the closing of a $350 million incremental term loan under its existing credit agreement, the proceeds of which are likely to be utilized to repay outstanding borrowings under the company's existing revolving credit facilities and increase available liquidity for upcoming capital expenditures.

Prestige Capital is pleased in announcing that Mark J. Simshauser has joined our team as Senior Director – Northeast US responsible for building and driving business development throughout the Northeast region.

Encina Lender Finance, LLC (ELF) announced today the closing of $360MM of funding commitments from nine banks.

A women-owned, Los Angeles-based women’s apparel manufacturing company recently sought funding to meet building demand. They chose Republic Business Credit to support their growth and Republic provided a $1,000,000 traditional factoring facility to double their sales in the first half of 2023.

First Citizens Bank today announced that its Middle Market Banking business has named Tony Hurtado as its relationship manager dedicated to cultivating business in Orange County, California.

Katten announced that 10 of its attorneys have been elevated to partner, approved unanimously by the firm’s Executive Committee, effective September 1.

First Citizens Bank today announced that its CIT Commercial Services subsidiary has completed a $6.5 million credit facility with a California-based home furnishings and apparel importer.

Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the holding company for Republic First Bank d/b/a Republic Bank, announced that, as anticipated, on August 11, 2023, The Nasdaq Stock Market LLC (“Nasdaq”) notified the Company that because the Company’s Form 10-Q for the three months ended June 30, 2023 (the “Form 10-Q”) was not timely filed with the Securities and Exchange Commission (the “SEC”).

The Kirkland team was led by debt finance partners Roald Nashi, Linda Zang and Greg Howling and associates Charles Martin, Jay Lee and Meng Ding.

The Liberty Company Insurance Brokers (Liberty), one of America’s fastest-growing privately held insurance brokerages, announced the completion of its $340 million refinancing transaction on July 31, 2023. The offering was well received by the banking community and was oversubscribed.

Mitsubishi UFJ Financial Group (MUFG) announced it acted as Administrative Agent and Collateral Agent on Sprout Social, Inc.’s new $100 million credit facility. Sprout Social is an industry-leading provider of social media management software.

KKR, a leading global investment firm, today announced that Charlie Gailliot has joined the firm as a co-head for the firm’s global climate strategy, rounding out a leadership team focused on climate-related investments as part of KKR’s infrastructure platform.

PNC Bank, N.A, announced the promotion of Zachary Bullock to senior vice president and market leader for Commercial Banking in Central Pennsylvania. Based in PNC’s Lancaster office, Bullock will oversee PNC’s Commercial Banking team in the market, which serves businesses with annual revenues between $5 million and $100 million. He succeeds Milton Hefft, who retired at the end of July after 20 years with PNC. ​

Shearman & Sterling today announced that Alejandro Gordano is rejoining the firm as a Capital Markets partner in its award-winning Latin America group, based in New York.

Alexis Bachman has been elevated to the position of Vice President, Assistant BSA/AML Officer at Peapack-Gladstone Bank. Lisa Brandi joins Peapack Private, a division of Peapack-Gladstone Bank, as Managing Director, Treasury and Client Service Officer. Annmarie Cogliati has been promoted to Vice President, Client Service Team Leader, at Peapack Private Wealth Management.