Piermont Bank, a tech-enabled digital commercial bank headquartered in New York City, is pleased to announce that Marianne McGoldrick has joined the bank as Chief Credit Officer. Ms. McGoldrick will oversee Piermont Bank’s credit administration, including credit approval process, loan policies, and procedures, while ensuring its lending portfolio’s overall quality. She and her team will be safeguarding Piermont’s culture of prudent risk management.

As part of its strategic path forward, Knotel has reached an agreement to sell the business to an affiliate of Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading full-service commercial real estate firm. The Company has also made the decision to exit multiple locations in the U.S. as part of the process. Milbank LLP and Fenwick & West LLP are serving as legal counsel and Moelis & Company LLC is serving as investment banker to Knotel

TCF Capital Solutions, a division of TCF National Bank (“TCF”), announced that TCF has acquired BB&T Commercial Equipment Capital, Corp. (“CEC”), which includes a portfolio of approximately $1 billion of equipment finance leases and loans. CEC was Truist Bank’s national small-ticket equipment leasing and finance business. Approximately 60 employees from Truist/CEC have joined the TCF team as a result of the transaction.

Siena Lending Group continues to be a leader in the asset-based lending industry, consistently finding creative ways to offer our clients maximum flexibility and liquidity. We are proud to provide this overview of the financing solutions that Siena delivered in Q4 2020. Siena Lending Group and Siena Healthcare Finance both had busy quarters, closing a combined 10 deals totaling $135 million in facilities. For the year, we completed 25 transactions totaling more than $285 million.

TD Bank, America's Most Convenient Bank®, announced today that it has combined its previous Commercial and Corporate and Specialty Banking teams to create a new Commercial Bank. The new Commercial Bank will drive growth, deliver a better client and colleague experience and create efficiencies.

eCapital Corp. (“eCapital”), a leading alternative finance provider in North America to small and medium-sized businesses, today announced that it has named James Poston as chief sales officer. Poston brings more than 14 years of expertise in receivables financing and asset-based lending to this role. He will oversee eCapital’s sales strategy, drive business development and create unified revenue generation processes across the organization throughout the United States and Canada.

Today, PacWest Bancorp and Pacific Western Bank announced the first step of a Senior Leadership Transition Plan to be realized over the next three years. The plan involves the retention of Matthew P. Wagner as President and Chief Executive Officer through December 31, 2023, after which it is anticipated that he will transition to the role of Executive Chairman of PacWest Bancorp.

Sallyport Commercial Finance provides a $500,000 accounts receivable financing facility to support a growing distributor of flooring products. Partnering with their existing inventory lender, Sallyport was able to free up working capital and provide essential receivable management services to help the business succeed.

Celtic Capital Corporation today announced its most recent new client relationship – an Ohio- based nurse staffing company that was a former Celtic Capital borrower. This client originally came to Celtic Capital in 2017 and paid off our line of credit in 2018 after obtaining a line with a bank. During a difficult 2019 (losses), the Company’s owner paid off the bank line at the bank’s request.

CIFC Asset Management LLC (“CIFC”), a $30 billion alternative credit specialist serving institutional investors globally, today announced that Rebecca Levy has joined the firm as a Managing Director in its Investor Solutions Group. Most recently, Ms. Levy served as a Senior Portfolio Advisor at Aksia LLC. In this new role, Ms. Levy will strengthen CIFC’s Investor Solutions Group as the firm continues to scale its business, create tailored solutions for clients, and develop new institutional relationships. Based in New York, Ms. Levy reports to Jim Boothby, Managing Director and Global Co-Head of Business Development.

Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced it has been recognized as a Best Place to Work for LGBTQ Equality by scoring 100% on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality.

Global investment firm The Carlyle Group (NASDAQ: CG) today announced that its Global Credit platform led and structured the debt financing package to support Blue Point Capital Partners’ acquisition of Cleveland-based Transtar Holding Company, a global leader in transmission and driveline-related solutions. Carlyle’s middle market lending strategy, Carlyle Direct Lending, acted as administrative agent, sole lead arranger and sole bookrunner on the financing. Carlyle’s direct lending team is an active provider of private credit solutions across the capital structure, including senior secured loans, unitranche loans and junior debt.

Dave, the banking app on a mission to create financial opportunity that advances America’s collective potential, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a leading global alternative investment firm. The funding will support the growth of Dave’s banking product and accelerate the company’s expansion into new products and features.

Antares today announced that it closed more than 220 transactions in 2020, issuing nearly $14 billion in financing commitments to middle market private equity-backed companies. In a record Q4, the firm closed 120 transactions with commitments of $9.3 billion, supporting the refinancing, leveraged buyout and add-on acquisition activity of both new and existing borrowers.

Tiger Capital Group today announced that Director of Field Financial Operations Gail Glave has been promoted to Managing Director. As a key leader in the retail disposition practice of the asset appraisal, disposition and investment firm, she serves as both a senior financial analyst and operations specialist, responsible for financial modeling, tracking and analyzing daily sales data, and the on-site management of Tiger's field supervisors.

David Ellison's Skydance Media has closed a deal that will give it $1 billion in available credit from J.P. Morgan and a consortium of partnering banks. The refinancing agreement offers a four-year, $500 million revolving credit facility, with an option to expand to $1 billion if required. The new revolver is also backed by Comerica, Bank of America, Truist Bank, Union Bank and other financial institutions.

KKR, a leading global investment firm, today announced the appointment of Michael Small as a Partner in KKR's European Credit & Markets team. In his role, Michael will have certain origination, execution and fundraising responsibilities for KKR's Private Credit business and the broader Credit & Markets platform. He will also help grow KKR’s global mezzanine strategy. Michael will sit on several KKR Credit Investment Committees and will join the firm in mid-2021.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced its Government Contracting Finance arm provided a $3 million asset-based lending facility to a certified Women’s Business Enterprise (WBE) that distributes and installs specialty building products in the Northeast U.S.

Global law firm Greenberg Traurig, LLP was named Restructuring Law Firm of the Year for Middle Markets at Global M&A Network's 12th Annual Turnaround Atlas Awards held virtually, Jan. 21-22. According to the Global M&A Network website, the Awards honor excellence from the restructuring, insolvency, distressed investing, and M&A industries in categories of best value-creating transactions, outstanding firms, top professionals, and legendary leaders.

When a portfolio company of ClearLight Partners, Paul Fredrick, sought to refinance its existing bank facility, they partnered with Republic Business Credit. Republic provided a scalable, flexible and growth orientated facility with full availability on inventory, merchant accounts and direct to consumer proceeds to leverage Paul Fredrick’s e-commerce strategy. Paul Fredrick is a leading designer and retailer of men’s apparel and related accessories.