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  • Creditflux Selects Monroe Capital as the 2021 Best U.S. Direct Lending Fund
    September 21, 2021
    Monroe Capital LLC (“Monroe”) was selected as the recipient of the 2021 Best U.S. Direct Lending Fund by Creditflux, a London-based global publication and leading information source for the rapidly evolving market for credit funds and CLOs. The award was presented to the firm’s Monroe Capital Senior Secured Loan Fund LP. This award is given to one direct lending fund each year among all the U.S direct lending funds.
  • Phathom Pharmaceuticals Secures $200 Million Term Loan Facility from Hercules Capital
    September 20, 2021
    Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a late clinical-stage biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases, today reported it has obtained a $200 million term loan facility from Hercules Capital, Inc. (NYSE: HTGC), a leader in customized debt financing for companies in life sciences and technology-related markets.
  • ISC Announces Extension and Amendment to Credit Facility
    September 20, 2021
    Royal Bank of Canada is the Administrative Agent and RBC Capital Markets and Canadian Imperial Bank of Commerce are Joint Lead Arrangers and Joint Bookrunners
  • Toigo Foundation and B. Riley Financial Announce Successful Conclusion of 2021 Summer MBA Investment Competition
    September 20, 2021
    The Toigo Foundation and B. Riley Financial, Inc. (Nasdaq: RILY) are pleased to announce the successful culmination of the 2021 Summer MBA Investment Competition. Almost 50 MBAs participated in an immersive four-month summer program uniquely designed to facilitate industry education, mentorship, and the practical application of present-day business strategies led by experienced investment professionals from B. Riley.
  • J D Factors Announces Factoring Facilities
    September 20, 2021
    J D Factors announced it provided the following factoring facilities: $50,000 to a transportation company in Georgi; $300,000 to a transportation company in Quebec; $250,000 to a transportation company in Illinois; $100,000 to a transportation company in Ontario...
  • JLL Arranges $381M Construction Loan for Bronx Logistics Center
    September 20, 2021
    JLL announced today that its Capital Markets group arranged $381 million in construction financing for the development of Bronx Logistics Center, a Class A, two-story last-mile distribution facility totaling 1.3 million square feet in the Bronx, New York.
  • Peoples Bancorp Completes Acquisition Of Premier Financial Bancorp
    September 20, 2021
    Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO), parent company of Peoples Bank, announced today that it has completed its acquisition of Premier Financial Bancorp, Inc. ("Premier") (Nasdaq: PFBI) and Premier's wholly-owned subsidiaries, Premier Bank, Inc. ("Premier Bank") and Citizens Deposit Bank & Trust, Inc. ("Citizens"). Peoples was advised by Raymond James & Associates, Inc. and the law firm of Dinsmore & Shohl LLP. Premier was advised by Piper Sandler Companies and the law firm of Jackson Kelly PLLC.
  • Ares Management Corporation Closes $150 Million Preferred Equity Investment in Inter Miami CF
    September 20, 2021
    Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that funds managed by its Credit Group have closed on a $150 million preferred equity investment in Inter Miami CF. The transaction is in connection with Inter Miami’s announcement that Jorge and Jose Mas and David Beckham have finalized the buyout of Marcelo Claure and Masayoshi Son.
  • Avante Capital Partners Announces Unitranche Deal Financing in Genius SIS, LLC
    September 20, 2021
    Avante Capital Partners, a women-owned private credit and structured equity firm, is pleased to announce the completion of a unitranche debt and equity investment in Genius SIS, LLC (“Genius”) to support a growth investment by Leeds Equity Partners (“Leeds Equity”). Leeds Equity is a private equity firm dedicated exclusively to investing in the education, training, and information services industries (the "Knowledge Industries").
  • Great Rock Capital Closes $13.2 Million Credit Facility with IFS Intermediate
    September 20, 2021
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $13.2 million senior secured credit facility with IFS Intermediate (“IFS”), a full-service water blasting, hauling, and industrial vacuuming business that serves utility companies throughout the Midwest and along the East coast.
  • Aptinyx Secures $50 Million Growth Capital Credit Facility from K2 HealthVentures
    September 20, 2021
    Aptinyx Inc. (Nasdaq: APTX), a clinical-stage biopharmaceutical company developing transformative therapies for the treatment of brain and nervous system disorders, today announced that it has entered into a $50 million loan facility and security agreement with K2 HealthVentures (K2HV). The funds will provide general growth capital as Aptinyx advances its late-stage clinical pipeline of novel NMDA modulators.
  • Abacus Finance Provides Senior Debt Financing to Support the Recapitalization and Growth of Invisors, LLC, a WestView Capital Partners Portfolio Company
    September 20, 2021
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the recapitalization and growth of Invisors, LLC, a WestView Capital Partners portfolio company. Abacus also made an equity co-investment in Invisors.
  • SG Credit Partners Provides $3 Million Growth Capital Facility To Foresite
    September 20, 2021
    SG Credit Partners today announced $3 million growth capital facility to Foresite, a leader in cybersecurity managed security services, compliance, and consulting. Foresite is a portfolio company of Elsewhere Partners, an Austin, Texas-based growth-stage venture capital firm focused primarily on B2B software companies.
  • Injection Molding Facility Gets Working Capital Injection From Harbor
    September 20, 2021
    Harbor, a fintech company redefining international trade finance, announced the closing of a supply chain finance program for a Mexico-based injection molding company. Harbor's program will allow the business to procure goods from their international suppliers on credit to better manage their working capital. This program was structured with Kampala Capital, an origination and syndication partner based in Monterrey, Mexico.
  • BMO Harris Expands its BMO for Black and Latinx Small Business Program Across its Full Footprint
    September 20, 2021
    BMO Harris announced today the BMO for Black and Latinx Small Business Program will now be available in all BMO markets where BMO Harris operates branches. The program – part of BMO's five-year, $5 billion EMpower commitment – was piloted in Illinois and Northwest Indiana last year. Due to high demand, BMO is making the loan program available to small businesses in all of BMO's markets beginning in September.
  • Crescent European Specialty Lending Announces Unitranche Financing for Bluewater’s Acquisition of IMServ
    September 20, 2021
    Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided unitranche financing to support the acquisition of IMServ, a pioneer of metering and data services for the electricity, gas and water sectors in the U.K., by Bluewater, the specialist international private equity firm focused on the middle market energy sector.
  • HighBar Partners Acquires SilkRoad Technology
    September 20, 2021
    Cowen, Inc., served as financial advisor to SilkRoad Technology and Winston & Strawn, LLP, served as legal counsel. Goodwin Proctor, LLP, served as legal counsel to HighBar Partners. Debt financing for the transaction was provided by Bridge Bank.
  • Audax Private Debt Provides Financing to Support Searchlight Capital Partners’ Investment in Care Advantage
    September 20, 2021
    Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Care Advantage (or the “Company”) by Searchlight Capital Partners (“Searchlight”), a New York-based private equity firm.
  • Antares Supports Industrial Growth Partners’ Acquisition of AEM
    September 20, 2021
    Antares announced today that it served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of AEM (Holdings) Inc. and AEM Group Limited (collectively, with their affiliated entities and subsidiaries, “AEM”) by Industrial Growth Partners (“IGP”).
  • Northern Trust Asset Management Names Chief Investment Officer
    September 20, 2021
    Northern Trust Asset Management announced today that Angelo Manioudakis has been named Chief Investment Officer for the global financial institution with more than $1.2 trillion in assets under management as of June 30, 2021. He will assume the position on September 27.
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