Wingspire Capital announced the promotion of Will Bence to Senior Managing Director, Head of Originations. “Will has been an exceptional addition to Wingspire from the day that he started. His creativity, work ethic, strong credit skills, and mentorship have not only led to the success that he has experienced in prior roles, but they are the attributes that give us confidence that he will be a very successful leader within Wingspire as we continue to grow our organization with the best people
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December 08, 2025 @ 08:18 AM
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Jefferies Financial Group is acquiring a 50% interest in Hildene Holding Company, the parent of Hildene Capital Management and its affiliates (“Hildene”), a credit-focused asset manager with over $18 billion of assets under management for a broad range of clients in hedge fund, separately managed account, drawdown, securitization and insurance solutions products. This commitment is coincident with Hildene signing a definitive agreement to acquire SILAC, Inc., the parent company of SILAC
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December 08, 2025 @ 08:17 AM
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Netflix, Inc. and Warner Bros. Discovery, Inc. (WBD) have entered into a definitive agreement under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO.The cash and stock transaction is valued at $27.75 per WBD share (subject to a collar as detailed below), with a total enterprise value of approximately $82.7 billion (equity value of $72.0 billion). The transaction is expected to close after the previously announced separation of WBD's Global
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December 08, 2025 @ 08:15 AM
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Eclipse Business Capital (“EBC”) announced that it has provided a $75 million senior secured asset-based lending facility to a consumer products supplier. The credit facility is secured by accounts receivable and inventory. The transaction refinances the Company’s existing bank debt and provides additional liquidity for working capital purposes. EBC’s demonstrated track record of executing quickly, coupled with its flexible approach, provided the borrower with confidence that its business needs
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December 08, 2025 @ 08:13 AM
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YES Leasing, a Miami-based commercial equipment leasing and finance company, announced the successful renewal and increase of its senior credit facility with BMO. The facility provides YES Leasing with ample capacity to support its nationwide growth and fund an expanding portfolio of equipment finance transactions.“The increased credit facility reaffirms our business model and our disciplined approach to serving small businesses with non-prime credit,” said Quade Koffler, Chief Operating Officer
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December 08, 2025 @ 08:12 AM
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KBRA released its Business Development Company Ratings Compendium, which looks at results for the quarter ended September 30, 2025, and 2026 Outlook.In this quarter’s Compendium, KBRA reviews the financial performance of our rated business development companies (BDCs) in a landscape characterized by ongoing competitive pressures, declining but still high base interest rates, and distribution yield preservation. Credit performance across KBRA’s rated BDC universe remained generally solid in 3Q25
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December 08, 2025 @ 08:05 AM
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Representatives of Modern Banking Group (MBG), led by Steven Caligor, Joe Petrelli, and Alex Jeffrey, announced the financing for the $6.5 million acquisition of the majority shares of a 68-unit multi-family property, located in Bay Ridge, NY. The buyer, a seasoned and well-established Queens, NY-based developer, purchased the property with plans to renovate and lease up vacant units. This value-added bridge loan was custom-tailored to meet the borrower’s unique needs, enabling them to pivot and
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December 08, 2025 @ 08:00 AM
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GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $753 million collateralized loan obligation (“CLO”) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 27 (“GLM US CLO 27”), GoldenTree has issued 36 CLOs totaling nearly $20 billion under its GLM CLO strategy. Since its inception in January 2017, the GLM strategy was intended
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December 08, 2025 @ 07:43 AM
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Virtus Investment Partners, which operates a multi-manager asset management business, has entered into a definitive agreement to acquire a majority interest in Keystone National Group (“Keystone”), an investment manager specializing in asset-centric private credit and a pioneer in providing such strategies to the wealth channel. The transaction expands Virtus’ offerings into private markets with the addition of a differentiated asset-backed lending capability.Founded in 2006, Keystone has over
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December 08, 2025 @ 07:27 AM
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CIBC announced senior leadership appointments to its Group Executive Leadership Team for 2026, to further accelerate the execution of its client-focused strategy by furthering connectivity, driving efficiencies through modernization, and elevating human capital."Building on our record financial performance in fiscal 2025, we're further strengthening our leadership team in areas where accelerating our execution will deliver more for our stakeholders," said Harry Culham, President and CEO of CIBC.
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December 05, 2025 @ 08:10 AM
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Pathward Financial, through its subsidiary Pathward, a national bank focused on financial access, announced a rollout of an evolved operating model that positions the company for increased innovation and growth, and clients for greater success and revenue enablement.“We are starting a new chapter that aligns with our fintech partners and best positions us for sustained success,” said Pathward President Anthony Sharett. “Keeping our business partners top of mind, we believe that evolving how we
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December 05, 2025 @ 08:08 AM
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Cascadia Capital, an independent investment bank serving middle-market clients globally, has announced the expansion of its Capital Markets platform with the launch of a new Equity Capital Solutions practice focused on deal-by-deal capital formation and advisory. A fast-growing alternative to traditional blind-pool private equity fund investing, this new product capability reflects Cascadia’s continued commitment to providing innovative capital solutions and closer access to private markets
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December 05, 2025 @ 08:04 AM
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Fluent, a leading provider of commerce media solutions, secured a new $30 million financing facility with Bay View Funding, a subsidiary of Heritage Bank of Commerce. This new agreement, which is collateralized by all assets of Fluent and its subsidiaries, carries no liquidity or financial covenants and provides expanded borrowing availability as compared to the Company’s prior credit facility with SLR Credit Solutions, which has now been fully repaid.Ryan Perfit, Chief Financial Officer of
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December 05, 2025 @ 08:02 AM
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Portage Point Partners added Lance Carr as Managing Director and Head of Valuations. Carr brings nearly two decades of experience in valuations, mergers and acquisitions (M&A) advisory, financial reporting and tax compliance across diverse industries including business services, healthcare services, healthcare information technology (HCIT), pharmaceuticals and consumer. He advises corporations, private equity (PE) firms and other financial sponsors throughout the deal lifecycle, from transaction
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December 05, 2025 @ 08:00 AM
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Pathward appointed Oz Lindley as Managing Director, Business Development. In this position, Lindley is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout the southeast region of the U.S. “We are excited to welcome Oz to the Pathward team. His experience and established network combined with Pathward’s product offerings will continue to expand our presence in the southeast asset-based lending market,” said Andy Osborn, Senior
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December 05, 2025 @ 07:50 AM
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