Angelo Gordon, a $73* billion alternative investment firm focused on credit and real estate investing, today announced the final close of the AG Asset Based Credit Fund, L.P. (the “Fund”) with over $1 billion of equity commitments, exceeding its $800 million target. The

High Ridge Aviation – the strategic commercial aviation finance platform – is taking aviation finance to new heights, announcing a seven-year senior secured warehouse facility with an initial committed amount of $500 million.

First Citizens Bank today announced that its Energy Finance group, part of the CIT division, served as the Coordinating Lead Arranger on a $70.4 million construction and term loan financing facility for two standalone battery energy storage projects in Texas, totaling 160 megawatts (MW) / 320 megawatt-hours (MWh). BankUnited N.A. and Siemens Financial Services participated as Joint Lead Arrangers in the financing.

Lighthouse Financial Corp. is pleased to announce the addition of Austin Campbell to the team as Collateral Analyst & Marketing Associate. In this role, Mr. Campbell will support the operations, account management, and marketing functions at Lighthouse.

Tradewind Finance, an international trade finance firm with headquarters in Germany, has successfully entered the bunker market, delivering a USD 2 million credit facility for an international bunker trader.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, is pleased to announce that its Healthcare Leveraged Lending Group closed a strong first half of 2023, providing approximately $1 billion of commitments across 13 new platform investments and supporting multiple follow-on investments by portfolio companies.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the continued growth of Aduro Advisors, LLC (“Aduro”), an existing portfolio company of PPC Enterprises.

SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $5 million credit facility for an internet publisher focused on lifestyle and design content for their readers.

Huntington Business Credit acting as Administrative Agent announced it closed a $70,000,000 new credit facility with Express Funeral Funding, LLC on June 23, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

PNC Bank has appointed Steven González regional president for Austin. González will have direct oversight of business development, building and maintaining client relationships and leading philanthropic initiatives in support of the Austin community. González currently serves as market leader for PNC’s Corporate Banking business in Austin and will continue in the role in addition to the regional president position.

First Bank (Nasdaq Global Market: FRBA) today announced that its acquisition of Malvern Bancorp, Inc. (Nasdaq Global Market: MLVF) was completed before the open of business on July 17, 2023.

A New York-based publicly traded industrials company was facing increased restrictions and red tape from its existing bank lender and was looking for more flexible options to support its growth plans. The company, a designer and assembler of sophisticated control equipment for the space, military, aircraft and medical industries, was already well established, with $35 million in sales volume.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two recent asset-based lending facilities totaling $15 million.

First Citizens Bank today announced that its Real Estate Finance group, part of the CIT division, provided $40 million in construction financing to a joint venture between Grandview Partners and Crosland Southeast for the development of Evelyn City Lofts apartments located in Tampa, Florida.

Maxim Commercial Capital (“Maxim”) reported nearly 300% more funded deals in the second quarter of 2023 than in the prior year’s period, despite broader economic headwinds and rising interest rates.

The principals of the company have been in the business for many years. When the American dream opportunity came to launch their own company and build something for themselves, they took it.

Gunvor Singapore Pte. Ltd. (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US $1.035 billion sustainability-linked, syndicated revolving credit facility (the “Facility”) on 16 June 2023.

Cerebro Capital recently announced they had facilitated $111mm in financings for 28 companies. The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.

Diebold Nixdorf today announced that the U.S. Bankruptcy Court in the Southern District of Texas has confirmed the company's plan of reorganization related to its comprehensive debt restructuring. This confirmation is one of the final steps in Diebold Nixdorf's restructuring, allowing the company to move forward and execute its plan.

Argonne Capital Group, LLC announced the completion of two recapitalizations and added to its executive ranks as the firm institutionalizes and seeks to propel future growth.