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Principal Asset Management launched the Principal Private Credit Fund I, offering exposure to lower and core middle market loans, with immediate access to these direct lending investments. The fund will target 90% plus exposure to private credit and... Read Story

Filed Under: Industry News
June 05, 2024 @ 08:00 AM

U.S. Bancorp announced expanded leadership roles for Stephen Philipson and Felicia La Forgia as part of an effort to strategically position the bank’s Wealth, Corporate, Commercial and Institutional Banking (WCIB) team. They will continue to report... Read Story

June 05, 2024 @ 07:51 AM

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that Angela Conti will be joining the leadership team as Head of Consumer and Small Business Banking. In her newly... Read Story

June 05, 2024 @ 07:50 AM

Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, closed a $100 million credit facility with MUFG. The additional warehouse capacity will fuel Lendbuzz’s continued loan origination... Read Story

Filed Under: FinTech
June 05, 2024 @ 07:47 AM

Small business filings, captured as subchapter V elections within chapter 11, registered a 53 percent increase to 228 in May 2024 from 149 in May 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.... Read Story

Filed Under: Bankruptcy
June 05, 2024 @ 07:46 AM

FTI Consulting announced the appointment of Peter Dumas as a Managing Director in the Lender Services practice within the firm’s Corporate Finance & Restructuring segment.Dumas, who is based in Dallas, joins with nearly four decades of experience in... Read Story

June 05, 2024 @ 07:45 AM

Alvarez & Marsal (A&M) announced the appointment of Rosco Newsom as an Aerospace, Defense, Aviation and Space (ADAS) practice Managing Director within the firm’s Private Equity Performance Improvement Group (PEPI). The addition of Newsom, who... Read Story

June 05, 2024 @ 07:35 AM

Configure Partners has hired Connor Barth as Director.  A tenured investment banking professional, Barth brings over a decade of credit advisory and placement experience to the platform, having delivered exceptional financing results for companies... Read Story

June 05, 2024 @ 07:00 AM

Nassau Financial Group (“Nassau”), a provider of fixed annuities and asset management, and Golub Capital, a direct lender and experienced credit asset manager, have signed a definitive agreement to enter into a strategic partnership. As part of this... Read Story

Filed Under: Industry News
June 04, 2024 @ 08:00 AM

Legacy Corporate Lending appointed Carlos Acedo as the Company’s Vice President of Finance. Acedo will report to Legacy Chief Executive Officer Clark Griffith and will play a key role in shaping the financial strategies of the company.Acedo brings to... Read Story

June 04, 2024 @ 07:58 AM