FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation Links

ABL Advisor News


News Library

JPMorganChase announced that Todd Combs, Investment Manager of Berkshire Hathaway, Chief Executive Officer of GEICO and a former member of JPMorganChase’s Board of Directors, will head the $10 billion Strategic Investment Group of the firm’s new Security and Resiliency Initiative (SRI), which the firm recently launched to help companies enhance their growth, spur innovation and accelerate manufacturing, primarily in the United States.Combs, one of the world’s leading investors, will work closely Read Story

Field Under: Banking News
December 10, 2025 @ 08:15 AM

TPG Credit recently closed TPG AG Credit Solutions Fund III, L.P. (“Fund III”) with over $6.2B in capital commitments in the commingled vehicle, exceeding the original $4.5B target by nearly 40% and representing an approximate doubling of the $3.1B raised in the predecessor vehicle.Fund III represents the firm’s flagship series of draw-down funds focused on an all-weather, solutions-based approach to investing in special situation credit opportunities. Fund III will focus on providing bespoke Read Story

Field Under: Private Credit
December 10, 2025 @ 08:10 AM

Runway Growth Capital announced that Ryan McCarthy has joined the firm as a Managing Director. McCarthy brings nearly two decades of experience across venture debt, debt advisory, and investment banking, spanning the technology and life sciences markets. In his role at Runway, he will focus on sourcing, evaluating, and structuring new investment opportunities while deepening Runway’s relationships with founders, management teams, and financial sponsors across the innovation economy. Prior to Read Story

December 10, 2025 @ 08:10 AM

J.P. Morgan Asset Management released its eighth annual Global Alternatives Outlook, providing a 12-to-18 month outlook across key alternative asset classes, equipping investors to make tailored portfolio decisions. This year's report details our highest-conviction ideas as private markets mature into a structural mainstay of global finance.Jed Laskowitz, Global Head of Private Markets: "As many leading companies are staying private for longer, the private markets are deep and diverse, and the Read Story

Field Under: Industry News
December 10, 2025 @ 08:08 AM

Cadwalader, Wickersham & Taft announced that partners Bevis Metcalfe (London) and Doug Mintz (New York) will become Co-Chairs of the firm’s Financial Restructuring practice, effective January 1, 2026.“A robust restructuring practice is an essential capability that is highly synergistic with many of our strongest practices on both sides of the Atlantic,” said Cadwalader Co-Managing Partner Pat Quinn. “Bevis and Doug are well positioned to lead our Financial Restructuring practice as we continue Read Story

December 10, 2025 @ 08:02 AM

Moritt Hock & Hamroff announced the addition of attorneys Walter Siegel, Kristina M. Sgambati and Joseph A. Famulari II. Siegel joins the firm's Corporate, Dispute Resolution and Litigation practices as counsel in its New York City office while Sgambati and Famulari join the firm's Litigation practice as associates in its Garden City office. “Now with more than 100 practicing attorneys, we are building an exceptional bench of talent to help businesses navigate the complex challenges they face Read Story

December 10, 2025 @ 08:00 AM

Opifex-Synergy, one of the largest independent equipment rental and infrastructure services providers in the United States, secured $1.05 billion in new financing to strengthen its capital base and enhance its ability to serve customers across major infrastructure, industrial, and institutional commercial projects nationwide.The financing package includes $550 million from the company’s debut issuance in the public bond market, as well as $500 million in asset-based lending (ABL) facilities with Read Story

Field Under: Rental
December 10, 2025 @ 07:53 AM

Tower Partners, a leading private investment bank and advisory firm serving the middle market, assisted U.K.-based Lendscape, a global leader in working capital finance technology and backed by Bowmark Capital, with its acquisition of WinFactor, a leading provider of factoring software solutions based in Lakeland, Florida.As the exclusive buy-side advisor in this transaction, Tower Partners provided Lendscape with market mapping, valuation guidance, offer evaluation, and additional strategic Read Story

Field Under: Industry News
December 10, 2025 @ 07:18 AM

TD Asset Management has announced the addition of a sub-investment grade global private credit strategy to its expanding suite of credit solutions. As of today, institutional investors in various jurisdictions will have access to TDAM's latest alternative investment solution, the TD Greystone Global Private Credit Fund (the "Fund")."While the current investment environment features an array of private credit solutions, our new Fund provides clients with a simple one-stop solution that can offer Read Story

Field Under: Private Credit
December 10, 2025 @ 07:00 AM

Pier Asset Management provided a $3 million senior secured credit facility to a niche litigation finance funder that protects personal image rights.Pier provides senior secured credit facilities and tailored credit solutions to fintech lenders and platforms. Since its inception in 2017, Pier has funded over $800 million in credit investments and partners closely with innovative originators to scale lending products across emerging asset classes. Read Story

Field Under: Lender Finance
December 10, 2025 @ 07:00 AM

Rosenthal Capital Group (RCG) completed two purchase order financing transactions totaling $5 million to round out 2025.  An Alaska-based government services company received a very large 5-year government contract and was in need of purchase order financing to help fulfill the delivery orders received for various technology-related products. RCG provided a $4.5 million purchase order facility, which involves purchasing individual products from various domestic suppliers that will then be Read Story

December 09, 2025 @ 08:15 AM

MONTICELLOAM, a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $68,000,000 in bridge financing to a three-facility skilled nursing portfolio in Illinois. The financing was originated by Karina Davydov, Senior Managing Director, Originations.  “Our team remains committed to delivering results that align with our clients’ goals, and this transaction reflects that dedication. We are proud to offer tailored financing and continue Read Story

Field Under: Nursing Facilities
December 09, 2025 @ 08:12 AM

Andalusian Credit Partners (Andalusian or ACP), a leading middle market direct lending platform focused on diversified senior secured leveraged lending to non-sponsored and sponsor-backed companies, announced its origination activity for the third quarter ended September 30, 2025. The period represented the firm’s most active quarter of capital deployment since inception, reflecting Andalusian’s ongoing momentum and growth.  During the quarter, Andalusian closed approximately $130 million in Read Story

Field Under: Private Credit
December 09, 2025 @ 08:10 AM

First Horizon Bank announced that Todd Warrick, Executive Vice President and Corporate and Commercial Market Leader, has been promoted to Triangle Market President for the Mid-Atlantic region. He will continue to report to Laura Bunn, Mid-Atlantic Regional President, and will remain responsible for leading First Horizon's Mid-Atlantic corporate and commercial banking, associate engagement and community engagement while strengthening the bank's market share across Central North Read Story

December 09, 2025 @ 08:02 AM

Gordon Brothers has been retained by Advance Auto Parts to provide surplus disposition services for 83 owned and leased sites across 38 states.  The leading automotive aftermarket parts provider is divesting these non-core assets as the company focuses on its go forward growth strategy.  “We are excited to work with such a great partner and assist the exceptional in-house real estate team at Advance Auto Parts as they right size their portfolio for the future,” said Michael Burden, Co-Head of Read Story

Field Under: Auction News
December 09, 2025 @ 08:00 AM