CIBC Innovation Banking is pleased to announce it has provided financing solutions, including a Capital Call Line of Credit, to Vertu Partners Fund I L.P. (“Vertu Fund I”), a private equity fund managed by Vertu Capital (“Vertu”). The capital call facility provides Vertu Fund I with the flexibility to make investments in portfolio companies prior to calling capital from the fund’s limited partners.

Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the formation of Magnolia Wash Holdings (“Magnolia”) via the acquisitions of Oasis Express (“Oasis”) and Wash Factory by Express Car Wash, LLC (“Express”).

Adams Street Partners, LLC, a private markets investment management firm with $45 billion of assets under management, announced today that Leland Richards joined the firm as a Partner on the Private Credit Team on April 30, 2021. Mr. Richards will support all aspects of the decision-making process of the Private Credit Team, including sourcing, structuring, performing due diligence, and negotiating investment opportunities as well as helping shape the strategic direction of the business.

Bank of America has named Kieth Cockrell as president of Bank of America Charlotte. Cockrell succeeds Charles Bowman, who has served as Charlotte market president since 2007. Bowman will continue in his role as President of North Carolina. He will also lead the expansion of the bank’s Leader-on-Loan Program, an industry-leading initiative which embeds a key employee with a non-profit or educational partner to help provide leadership and strategic guidance.

PlainsCapital Bank today announced that Derrich Rodriguez has joined its San Antonio lending group as senior vice president and senior commercial loan officer at 70 North East Loop 410, Suite 100.

Amalgamated Financial Corp. [Nasdaq: AMAL] (“Amalgamated” or the “Company”), America’s socially responsible bank, today named Priscilla Sims Brown its next President and Chief Executive Officer. Ms. Brown will join Amalgamated on June 1, 2021 from Commonwealth Bank, Australia’s largest bank, where she serves as Group Executive, Marketing and Corporate Affairs, with responsibility for end-to-end marketing, branding, stakeholder insights, government and public affairs, and environment and social policy.

Positions Luxury Ecommerce Company to Capitalize on Economic Recovery and Drive Growth

Facility Provides for an Expansion Feature of an Additional $30 Million Under Certain Conditions

Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has announced the closing of a $125 million senior secured term loan with Kala Pharmaceuticals, Inc. (NASDAQ: KALA) (“Kala” or “the Company”), a biopharmaceutical company focused on the discovery, development, and commercialization of innovative therapies for diseases of the eye.

Camping World Holdings, Inc. (NYSE: CWH) (the “Company,” “Camping World,” “we,” “us” or “our”), America’s Recreation Dealer, today announced plans to refinance its senior secured credit facilities.

Gibraltar Business Capital, an industry leader in asset-based lending for lower middle-market businesses, announced an expanded financing partnership with Bank of America through a new $150MM line of credit.

SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States.

GemCap establishes headquarters in San Antonio, TX.

Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Andrew Bae as senior director of underwriting and portfolio management.

Axiom Bank, N.A., a Maitland-based, leading community bank, recently promoted Joe Dear to SVP, Commercial Market Executive. In this role, he will be responsible for leading and growing the bank’s Orlando Commercial Banking unit, including Treasury Management.

Accordion, a private equity-focused financial consulting and technology firm, today announced that it has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth, underscored by private equity’s focus on the role of value creation in a successful investment strategy, and accelerated by the firm’s 2018 investment from FFL Partners.

Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Andrew Bae as senior director of underwriting and portfolio management. Bae, who has 20 years of experience in the industry, will be responsible for underwriting, asset management, credit policy and overall portfolio performance.

George Albuquerque, Tracy Barry, Dan Davis, Monique Doherty, Kelly Edwards, Karin Morrell, Dave Nadler, Carrie Jo Osborne and Ron Strand-Sorrell spent several hours on May 5 sorting clothing, artwork and furniture that had been donated to the nonprofit organization. The team also donated clothing essentials, including socks and underwear, that had been collected internally by the Axiom Bank staff.

CIT Group Inc. (NYSE: CIT) today announced that it has named Christopher DeRosa as a business development officer in the West Coast office of its Commercial Services business. DeRosa, a vice president, will be based in Los Angeles and will focus on business development across a wide range of verticals supported by Commercial Services, including apparel, footwear, housewares, consumer electronics, health and beauty aids and more.

Monroe Capital LLC (“Monroe”) today announced the closing of a $455 million term debt securitization known as Monroe Capital MML CLO XI, LTD. The term financing was Monroe’s sixth CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans.