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FTI Consulting, Inc. announced that eight professionals have been promoted to Senior Managing Director in the firm’s Corporate Finance & Restructuring segment. The promotions include Joseph Concannon, Charles Goad, Joseph Hansell, Bradley Henn, Daniel Hugo, Shawn O’Donnell, Blanca Perea and Richard Turner. “Our experts and teams are an integral component to our longevity as a world-class restructuring and turnaround services advisor, and this new group of leaders will further enhance our Read Story

January 04, 2018 @ 07:29 AM

According to a new report from Preqin, 2017 was a record year for private debt fundraising, as a combined $107 billion was raised by 136 vehicles. North America saw the most activity, with 75 funds focused on the region raising a total of $67 billion.Preqin expects these figures to rise by up to 10% as more information becomes available, going beyond the previous record of $100 billion set in 2015. This was primarily driven by direct lending funds: 61 funds employing  this strategy secured a Read Story

Filed Under: Industry News
January 05, 2018 @ 07:30 AM

PNC Bank announced that it has closed a $225 million senior secured asset-based revolving credit facility for TaylorMade Golf Company, Inc., a portfolio company of New York-based KPS Capital Partners.                                                                                                                                                                                  Headquartered in Carlsbad, California, TaylorMade Golf is a leading manufacturer of high performance golf equipment, golf Read Story

Filed Under: Sports
January 05, 2018 @ 07:14 AM

Sterling National Bank announced the addition of six new bankers across core business units, highlighting the forward momentum and growth of the bank, both regionally and across key service lines.On Long Island, Sterling has bolstered its team with the addition of four new senior bankers. Michael Varrone and James Whitehouse join as Senior Managing Directors and Senior Vice Presidents of Commercial Real Estate Lending. Additionally, Dennis Jurs and Brian Malone have been named Managing Directors Read Story

January 05, 2018 @ 07:07 AM

Main Street Capital Corporation announced that Vincent D. Foster, co-founder of Main Street, and who has served as its Chairman and Chief Executive Officer (CEO) since its 2007 initial public offering, will transition the role and responsibility of CEO to Dwayne L. Hyzak, with this transition presently planned to occur in the fourth quarter of 2018.  Integral to this plan is the continuation of Mr. Foster at Main Street as its Executive Chairman.  In this capacity, he will work closely with Read Story

January 04, 2018 @ 07:30 AM

2018-01-22 22:46