A team led by Kevin Brophy represented Westlawn Group LLC, a private investment firm based in Houston, TX focused on long-term investment in the global oil and gas industry, in connection with an equity commitment to X2 Resources LLC to pursue the acquisition and development of operated oil and natural gas assets.

Blackstone (NYSE:BX) plans to debut its fifth perpetual flagship fund, BMAX, through the registered investor advisor channel on May 1, as it seeks to accelerate its growth in the private credit sector, President and CEO Jon Gray told analysts on Thursday.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation energy company bringing stable, secure and cost-effective energy solutions to the power grid with large scale battery storage, has successfully closed more than $250 million in financing for, and has begun construction of, Tierra Seca and Seven Flags, two 100 MW / 200 MWh Battery Energy Storage Systems (“BESS”) located in Del Rio and Laredo, respectively, within Texas’ ERCOT power market.

TAB Bank closed a $4 million asset-based lending (ABL) and $2.5 million equipment loan with HydroEdge Solutions, a leading water transfer and fluid management services provider for the energy industry. This capital will allow HydroEdge Solutions to expand its operations, furthering its commitment to efficiency, safety and sustainability.

U.S. Bancorp recently appointed Adam Graves as Senior Executive Vice President, which aligns with the company's focus on strengthening leadership. Over the past week, the company's stock rose by 3%, a movement that corresponds broadly with the flat market performance during the same period.

Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced that it has, through its wholly owned subsidiary, Gran Tierra Energy Colombia GmbH, a Swiss limited liability company, entered into a reserve-based lending facility with commitments of up to US$75 million as of the date hereof (the “closing date”).

Quickpay Funding, a leading provider of invoice factoring solutions, has established a $500,000 factoring facility for a produce wholesaler based in California. The company, which specializes in importing and distributing limes sourced from Mexico, turned to Quickpay Funding to help support their rapid growth and navigate rising market costs.

SG Credit Partners, through its Consumer Products division, is riding a wave of momentum from its newest partnership with Hiyo, a non-alcoholic “social tonic” using a blend of functional ingredients, including adaptogens, nootropics, and botanicals. The announcement comes shortly after Hiyo closed a Series A round led by Constellation Brands. SG’s debt facility will support the brand’s continued growth in the retail sector as more consumers consider alcohol alternatives.

CohnReznick announced today that, for the second consecutive year, it was listed among the top 10 accounting firms for overall prestige in the 2026 Vault Accounting rankings. The firm also maintained the number six position among the Vault Top 25 Best Accounting Firms in North America.

GoldState Music (“GoldState” or the “Company”), a premier music rights investment platform today announced that it has raised US$500 million in strategic capital, including a structured capital facility co-led by Northleaf Capital Partners (“Northleaf”) and Ares Management funds (“Ares”) as well as separately raised leverage. Additional terms of the private transaction were not disclosed.

An industrial staffing contractor in Oklahoma has proudly served power plants, paper mills, and various industrial clients for over 24 years. Recently, the company experienced a surge in demand and required immediate working capital to meet payroll and support active and upcoming projects.

Crayhill Capital Management LP, a $3 billion alternative asset management firm specializing in asset-based finance, today announced the close of Crayhill Principal Strategies Fund III ("Fund III") with approximately $1.31 billion of capital commitments, including $162 million of committed co-investment capacity, exceeding its $1 billion target.

Aventiv Technologies, a communications and technology business serving state and local correctional facilities, the incarcerated, and their friends and families, today announced an agreement with financial stakeholders to recapitalize the business and position it for future growth via a debt-for-equity exchange.

Marathon Asset Management, L.P. (“Marathon”), a leading global asset manager specializing in public and private credit markets with over $23 billion in assets under management, announced the successful completion of a refinancing program for NN, Inc. (NASDAQ: NNBR) (“NN”), a global diversified industrial company that engineers and manufactures high-precision components and assemblies.

Solifi, a global fintech software partner for secured finance, announced the appointment of Mike Cagle as its new Chief Financial Officer. With over 20 years of experience in financial leadership and SaaS company management, Mr. Cagle brings a great deal of knowledge and expertise to Solifi.

(“eCapital”), a leading technology-enabled provider of financing solutions for small and medium-sized businesses (SMBs) across North America and the U.K., today announced the renewal and upsizing of commitments under its core factoring facility from $725 million to $917 million.

CIBC Innovation Banking announced today that it acted as Lead Arranger and Administrative Agent of credit facilities for Vena Solutions (“Vena”), an industry-leading Financial Planning and Analysis (FP&A) platform purpose-built to leverage the full power of the Microsoft technology ecosystem.

In 2024, asset-based lending (ABL) remained stable. The market moved away from the disruptions caused by the pandemic and returned to a more typical, fundamentals-driven environment. However, with persistent inflation, uncertain monetary policy, and new tariffs, lenders are now preparing for increased volatility.

The Secured Finance Network (SFNet) has released its Q4 2024 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of a resilient ABL market. SFNet’s Data Committee has also published an overview of the market drawing from SFNet’s 2024 Annual ABL Survey, syndicated market data from LSEG LPC, and new macroeconomic insights from KeyBridge Research.

Great Elm Commercial Finance, a leading provider of asset-based lending (ABL) solutions, announced the launch of a new, enhanced asset-based loan product designed to help small to middle market businesses navigate the financial strain of a higher tariff environment.