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News Stories (10 Results) - CIT Asset Management

CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectronics, Inc.Founded in 1997 and headquartered in Sugar... Read Story
December 06, 2022, 07:45 AM


CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, provided financing to Mohawk Fine Papers, the largest privately held premium paper manufacturer in North America. The financing... Read Story
September 23, 2022, 07:52 AM


CIT, a division of First Citizens Bank, named Randy Lederman as a managing director for business development activities across the Northeast for CIT Northbridge Credit LLC, a joint venture advised by CIT Asset Management LLC.Based in New York... Read Story
July 27, 2022, 07:57 AM


CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $20 million senior lending facility for Davey Coach Holdings, a portfolio company of Progress Equity... Read Story
February 15, 2022, 08:05 AM


CIT Group announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a senior secured credit facility to support the acquisition of Baker & Taylor LLC, a premier provider of books, digital content... Read Story
November 17, 2021, 07:47 AM


CIT Group announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $25 million credit facility for F Street Investments LLC, a lender to real estate investors and developers.Based in Milwaukee... Read Story
August 12, 2021, 07:42 AM


CIT Group announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $23 million credit facility for Nova Compression, LLC (a successor company to MGC Equipment Company, LLC).Founded in December... Read Story
March 31, 2021, 07:30 AM


CIT Group Inc. announced Philip Robbins has joined the company as the President of Asset Management and Capital Markets. In this role, he will manage the capital markets portfolio of products, the syndicated loan group and CIT's asset management... Read Story
August 21, 2019, 09:00 AM


CIT Group Inc. announced an expansion of its investment management and advisory capabilities that provides increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry... Read Story
July 23, 2019, 09:00 AM


CIT Bank announced a strategic partnership with Allstate. The joint venture, CIT Northbridge Credit LLC (CIT Northbridge), will provide revolving- and term-loan commitments from $15 million to $100 million to middle-market companies across various... Read Story
July 11, 2017, 07:40 AM