During the first nine months of 2025, Encina Private Credit (Encina) provided over $485 million of first out enterprise value loans to a wide range of middle-market companies, representing a 36% increase over the same period in 2024. Encina continued to partner with direct lenders and private equity sponsors to provide acquisition financing, support portfolio companies with growth capital and finance add-on acquisitions.The new volume growth was more than enough to enable Encina to celebrate an
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November 06, 2025 @ 08:16 AM
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Total bankruptcy filings were 53,019 in October 2025, a 12 percent increase from the October 2024 total of 47,135, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Overall commercial filings increased 7 percent to 2,820 in October 2025, up from the 2,628 commercial filings registered in October 2024. There were 634 commercial chapter 11 filings registered in October 2025, up 11 percent from the 571 filings registered in October 2024. Small business
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November 06, 2025 @ 08:15 AM
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Silver Point Capital announced that its Direct Lending business has served as a Joint Lead Arranger in the $450 million secured term loan financing supporting the acquisition of Goodyear Chemical, a leading producer of synthetic rubber, by Gemspring Capital Management.Gemspring's acquisition of the Goodyear Chemical business from The Goodyear Tire & Rubber Company (NASDAQ: GT), which was first announced in May 2025, includes two Chemical facilities in Houston and Beaumont, Texas and a related
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November 06, 2025 @ 08:12 AM
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Houlihan Lokey announced that Stephen Pollock has joined as a Managing Director in its Capital Solutions Group. He is based in New York and will strengthen the firm’s directs and secondaries advisory capabilities in its Equity Capital Solutions practice.Pollock joins following more than two decades at Keefe, Bruyette & Woods, where he was most recently a Managing Director in the Investment Banking Group, advising on a broad range of M&A transactions in the financial services and FinTech sectors
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November 06, 2025 @ 08:00 AM
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Republic Business Credit announced the promotion of William Kemp to Senior Vice President, Regional Manager. In this role, Kemp will lead Republic’s sales strategy in Texas while continuing to originate new business opportunities. He will also be responsible for building and managing a high-performing team focused on sourcing and structuring asset-based lending, factoring, and ledgered line of credit customer relationships. Reporting to Republic Business Credit President Robert Meyers, Kemp adds
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November 06, 2025 @ 07:48 AM
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nFusion Capital provided a $6 million asset based lending facility to a Southern California-based electrical contractor. The financing will support the company’s large project backlog and accelerate its regional expansion.The Company provides design, engineering, construction, service, and maintenance solutions, specializing in hotels and mixed-use multi-family buildings such as large apartment complexes. At the forefront of construction technology implementation, the Company is a full-service
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November 06, 2025 @ 07:43 AM
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First Citizens Bank announced that Mike Spencer has joined the company as Managing Director of Middle Market Banking in Atlanta. In this role, Spencer will expand First Citizens' middle market banking presence throughout Georgia and nearby markets."Mike's deep sector expertise, coupled with a proven track record of building long-term client relationships to help businesses reach their full potential, make him an excellent addition to our team," said Matt Tollenaer, Managing Director and Market
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November 06, 2025 @ 07:38 AM
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Big Shoulders Capital announced that seasoned industry veteran Tim Serritella has joined the company as Senior Vice President. Serritella will be responsible for developing business for all of the firm's verticals with a focus on expanding their equipment-based lending portfolio, distressed bank note purchases and auction services.Serritella has a long history in the banking and finance industry and is firmly entrenched in the business community as an active member of the TMA, SFNet, IFA and ACG
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November 06, 2025 @ 07:19 AM
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Headwater Energy (Headwater), a leading utility-scale solar and energy storage development firm, closed construction financing on a 112.5MWdc solar project in North Carolina arranged by BridgePeak Energy Capital (BridgePeak) and funded in part by Pathward (Pathward). The Gum Swamp solar project is projected to generate clean energy to power the equivalent of 17,000 North Carolina households annually, marking a significant expansion of solar energy capacity in the state.The financing will allow
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November 06, 2025 @ 07:07 AM
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BRG announced that Jennifer Wren recently joined the firm’s Global Construction practice as an associate director. Based in Atlanta, she will advise clients on construction-related disputes, including claims analysis, financial damages, and fraud investigations arising from complex commercial projects.Ms. Wren brings more than twenty-five years of experience in forensic accounting and data analysis, with a focus on resolving high-stakes financial challenges in the construction sector. Known for
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November 06, 2025 @ 06:00 AM
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SLR Business Credit (SLRBC) funded a new senior secured credit facility for School Health Corporation (SHC). SHC is a provider of health supplies and services to school nurses, athletic trainers, special educators, physical educators, and early childhood educators around the country. Their product offering includes traditional nurse’s office supplies, physical education products, and capital equipment such as vision and hearing screeners and AEDs (automated external defibrillators). The Company
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November 05, 2025 @ 08:15 AM
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Sixth Street Specialty Lending announced that President Robert (“Bo”) Stanley has been appointed as Co-Chief Executive Officer of the Company, effective as of November 4, 2025. Stanley will assume the role of Co-CEO alongside existing CEO, Joshua Easterly. Easterly will continue to serve as Co-CEO until December 31, 2025, at which point Mr. Stanley will serve as the Company’s sole CEO. Mr. Easterly will remain Chairman of the Board of Directors (the “Board”).Stanley is a Partner of Sixth Street
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November 05, 2025 @ 08:10 AM
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Clifford Chance is advising long-time client The Hearst Corporation on the recently announced strategic investment transaction between the National Football League and ESPN, which is co-owned by The Walt Disney Company and Hearst. In the transaction, the NFL will exchange the NFL Network and certain rights to its popular RedZone and NFL Fantasy properties for a 10%-interest in ESPN. The transaction has been approved by Disney, Hearst and the NFL's member clubs; it remains subject to regulatory
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November 05, 2025 @ 08:08 AM
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Alleviate Financial Solutions ("Alleviate") closed a $150 million growth capital investment from Sound Point Capital Management. This funding marks a major step in establishing the Debt-to-Wealth category — which goes beyond traditional debt relief to help consumers transform their financial lives."With this investment, Alleviate is not only scaling — we're defining a new industry," said Michael Barsoum, CEO of Alleviate. "We are building one of the largest consumer financial companies in the
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November 05, 2025 @ 08:00 AM
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Houlihan Lokey announced the launch of the Houlihan Lokey Private Credit DataBank (DataBank), a proprietary dataset and analytics platform delivering structured, loan-level insights into the private credit market. Sourced from the firm’s recurring portfolio valuation work, the DataBank captures observations from more than 60,000 loan valuations. The dataset reflects the full spectrum of the direct lending market, ranging from borrowers with less than $20 million to those with more than $100
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November 05, 2025 @ 07:53 AM
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