TPG, a leading global alternative asset management firm, announced the launch of TPG Sports, a dedicated investing business focused on partnering with companies, teams, and leagues shaping the future of sports. TPG is launching the strategy in partnership with career Grand Slam golfer Rory McIlroy, his business partner Sean O'Flaherty, and their team at Symphony Ventures. McIlroy and O'Flaherty will serve as Operating Partners for the strategy, contributing to sourcing investments and value
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Ally Financial announced the launch of a new Corporate Finance division focused on energy and infrastructure finance, specifically targeting the power, energy and digital sectors. This initiative is part of Ally's commitment to delivering tailored financing solutions that meet the evolving needs of businesses operating in these vital industries.The newly established Energy and Infrastructure Finance group will build on Ally Corporate Finance's legacy of delivering client-centric, sector-specific
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Renasant Corporation announced that Kevin D. Chapman has assumed the role of Chief Executive Officer and President of both the Company and Renasant Bank. C. Mitchell Waycaster, immediate past Renasant CEO, will continue as Executive Vice Chairman for both the Company and the Bank. As Executive Vice Chairman, Waycaster will continue to be involved in strategic planning, investor relations, mergers and acquisitions, and providing guidance and board level oversight for the Company."As previously
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Ares Management Corporation, a leading global alternative investment manager, announced that its Ares Private Markets Fund (“APMF”), a diversified private equity investment solution anchored in secondary investments, exceeded $3 billion in assets under management in its first three years in the market. APMF is distributed through Ares’ Wealth Management Solutions platform (“AWMS”), an industry leader in providing private market investment solutions to advisors and their clients. Leveraging the
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Canyon Partners, a $27 billion global alternative investment manager founded in 1990, announced the hiring of veteran credit investor William Im as a Managing Director based in the firm's New York office. Im will support the full spectrum of Canyon's private credit investment efforts.Im brings to Canyon over 15 years of experience in private credit, most recently serving as Director in the Global Credit Opportunities group at BlackRock. In this role, he played a significant part in building
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Crescent Capital Group, a leading alternative credit investment firm, announced the appointment of Jason Breaux as Head of Private Credit. In this role, Breaux will lead the firm’s private credit business and will focus on platform-wide growth, expanding investment capabilities, and continuing to elevate the Crescent brand. Mr. Breaux will continue in his roles as Chief Executive Officer of Crescent Capital BDC, Inc. and Chair of the Board of Crescent Private Credit Income Corp. (CPCI). He will
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Cadence Bank announced the successful completion of its previously announced merger with FCB Financial Corp., the bank holding company for First Chatham Bank, a Savannah, Georgia-based community bank. The merger enhances Cadence's growing presence in Savannah and Coastal Georgia while deepening the commitment to serving customers and communities. "With the completion of our merger, we're positioned to continue our growth in Georgia and specifically in the Savannah market, offering a full suite
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Eldridge Capital Management, an alternative investment firm and a division of Eldridge, has appointed Leo van den Thillart as Global Head of Capital Formation and Robert (“Bob”) White as Head of Capital Formation, Americas. The pair’s combined 50 years of experience will be pivotal to the expansion of Eldridge Capital Management’s global investor relationships and capital formation capabilities across key markets.Mr. van den Thillart and Mr. White join Eldridge Capital Management from CBRE and
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SLR Healthcare ABL added two new Directors to its business development team: Morgan Hansen and Leila Pahlavan. Hansen will be leading new deal originations in the Southeast region and Pahlavan will focus on new deal originations in the Southwest.Hansen has over ten years of asset-based lending experience in both underwriting and originations. Prior to joining SLR Healthcare ABL she was Vice President, Regional Sales Manager for Bayview Funding. Hansen is an active member of several industry
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Wingspire Equipment Finance closed on a $350 million credit facility to expand its financing capabilities for middle market and sponsor-backed companies. The new warehouse line was provided to a wholly-owned subsidiary of Wingspire Equipment Finance, with Bank of America and Wells Fargo as lenders. Bank of America served as the structuring and administrative agent.“We are pleased to expand our lending capacity with the support of premier financial institutions like Bank of America and Wells
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WhiteHawk Capital Partners, a private credit investment manager specializing in asset-based financing solutions, announced the closing of a $245 million senior secured loan facility with Heidtman Steel Products, Inc..Heidtman is a leading processor and distributor of flat-rolled steel products—including hot rolled, cold rolled, galvanized, and tubular products. The Company operates seven facilities across the Midwest, including several joint ventures, strategically positioned near major U.S.
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Natixis Corporate & Investment Banking (Natixis CIB) has successfully closed $2.5 billion Revolving Credit Facility in favor of Invenergy Renewables Operating I LLC (Invenergy). The financing upsizes the existing $1.5 billion facility of Invenergy with the support of existing lenders alongside more than a dozen new lenders joining the syndicate. The facility will support Invenergy's growing project development pipeline of large-scale clean energy generation and storage facilities in the Americas
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Encina Private Credit served as the Administrative and Collateral agent on a senior secured credit facility supporting Ardian’s refinance of Impact Climate Technologies (ICT). ICT is a leading provider of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry. Headquartered in Atlanta, GA, ICT provides a broad array of tailored solutions for its clients across 14 states.Encina provided a first out tranche in the form of a revolving credit facility
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Argo Infrastructure Partners (“Argo”), founded by Jason Zibarras, is a leading mid-market asset manager targeting essential infrastructure assets in North America, announced a recap of a series of strategic financings across its portfolio.Across its entire portfolio of 18 high-quality infrastructure companies and projects, Argo seeks to secure appropriate financing through its extensive institutional relationships to improve liquidity, lower cost of capital and further strengthen portfolio
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Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of GSTV by MidOcean Partners, a premier New York-based alternative asset manager specializing in middle-market private equity.Founded in 2005 and headquartered in Detroit, MI, GSTV is the national on-the-go video network engaging and entertaining targeted audiences at scale across tens of thousands of fuel retailers. The Company
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