Ares Management Corporation raised approximately $1.5 billion of capital for Ares Direct Lending’s dedicated specialty healthcare strategy, inclusive of the final closing of the inaugural Ares Specialty Healthcare Fund (“ASH” or the “Fund”) and anticipated leverage.Through ASH, Ares seeks to support sponsored and non-sponsored specialty healthcare companies by providing flexible capital in directly originated first lien, second lien, mezzanine, preferred equity and non-control equity
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October 29, 2025 @ 08:15 AM
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SLR Digital Finance (“SLRDF”) provided a $40 million senior secured revolving ABL credit facility to DeepIntent, a leading healthcare advertising demand-side platform (DSP). The facility includes improved terms and an extended maturity through September 2030, providing continued flexibility and support for the Company following a recent investment by Vitruvian Partners, a UK-based private equity firm. SLR first partnered with DeepIntent when it refinanced the Company’s incumbent bank lender with
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October 29, 2025 @ 08:10 AM
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Pasadena Private Lending, a leading provider of senior secured business loans to successful entrepreneurs nationwide, closed on a new $150 million credit facility with KeyBank, expandable to $300 million. This new facility grows PPL's overall capital base from $160 million to over $350 million, significantly enhancing the firm's ability to meet the increasing demand for its lending solutions."This milestone represents an important step in PPL's ongoing mission to provide creative lending
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October 29, 2025 @ 08:05 AM
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First Citizens Bank announced that its Healthcare Finance business provided $338 million in financing to affiliates of Autumn Lake Healthcare for the acquisition of a real estate portfolio totaling 12 Maryland skilled nursing facilities including over 1500 beds.Based in Howell, New Jersey, Autumn Lake Healthcare's network of facilities includes 66 skilled nursing facilities totaling over 8,200 beds in Connecticut, Maryland, New Jersey, Wisconsin, and West Virginia."The First Citizens team is
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October 29, 2025 @ 08:00 AM
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Jefferson Capital, a leading analytically driven purchaser and manager of charged-off, insolvency and active consumer accounts, has amended and extended its senior secured revolving credit facility via a syndication led by Citizens Bank. Key components of the amendment include, among other items:
An increase of the aggregate committed capital by $175,000,000 to $1,000,000,000
A reduction of the interest rate margins applicable to loans outstanding under the credit facility by fifty (50)
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October 29, 2025 @ 08:00 AM
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SLR Healthcare ABL (“SLRHC”) provided a $15 million asset-based revolving credit facility to a tech-enabled specialty pharmacy focused on women’s health with experience and market leadership in fertility treatment (the “Company”). The Company, headquartered in the Southeast, is one of five specialty pharmacies that have national presence and make up 75% of the fertility market. The Company is redefining the fertility pharmacy experience and serves patients nationally with a comprehensive
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October 29, 2025 @ 07:48 AM
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Hogan Lovells announced that Conor Larkin has joined the firm’s Corporate & Finance practice group as a partner in its Mergers & Acquisitions practice. Larkin will be based in the Philadelphia and Houston offices.“We are thrilled to have Conor joining the Corporate & Finance practice group,” said James Doyle, Global Head of the Corporate & Finance practice group at Hogan Lovells. “He is a sought-after dealmaker with deep experience advising clients on a wide range of corporate matters including
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October 29, 2025 @ 07:45 AM
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BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, closed a $22.2 million loan with LGP Capital to finance the construction of 1081 Dolsontown Road in Middletown, NY. The financing was facilitated by Rose Schwartz of The Everest Equity Inc., who played a key role in structuring and securing the loan on behalf of the sponsor.The 19.7-acre site will be home to a new industrial logistics facility totaling 240,981 SF with 36-foot clear height ceilings, including 3,000
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October 29, 2025 @ 07:30 AM
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King Trade Capital (“KTC”) funded a $3 million purchase order finance facility for a Texas-based apparel company with collegiate licenses.The company designs and manufactures officially licensed collegiate apparel and has gained significant popularity with major retailers across the country. Rapid growth in orders from both existing and new retail partners created a need for additional working capital to support production and delivery timelines.The client was referred to King Trade Capital by
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October 29, 2025 @ 07:14 AM
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Monroe Capital has been selected by Inc. Magazine’s 2025 List of Founder-Friendly Investors. The annual list honors the private equity firms, venture capital firms, and lenders with a track record of backing founder-led companies and helping them achieve success. Monroe has earned this recognition for the third consecutive year, since the introduction of the Inc. Founder-Friendly Investors’ Lender category.As a founder-led business itself, Monroe understands that the key to success lies in
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October 29, 2025 @ 07:00 AM
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Second Avenue Capital Partners (SACP), a Schottenstein affiliate and a leading provider of asset-based loans and structured financing solutions, provided a $20,000,000 Senior Secured Revolving Credit Facility to Tommy John, the premium apparel brand known for redefining comfort in men’s and women’s underwear. The new facility will be used to support the company’s ongoing growth initiatives.Founded in 2008, Tommy John set out to reinvent men’s underwear by addressing the discomforts of
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October 28, 2025 @ 08:15 AM
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MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the financing of a $19,750,000 senior bridge loan for the acquisition of an assisted living and memory care property in central California. The financing was originated by MONTICELLOAM Senior Managing Director, Originations, Karina Davydov. Davydov remarks, “The team’s commitment to understanding our client’s needs allowed us to deliver a customized financing solution that helped the borrower execute
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October 28, 2025 @ 08:05 AM
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Houlihan Lokey announced that Jason Cohen has joined as a Managing Director in its Capital Solutions Group. Based in New York, Cohen will work alongside Brent Shepherd and Neha Shah to further strengthen the firm’s healthcare capital solutions efforts, bringing more than 20 years of experience in coverage and execution in the life sciences and pharmaceutical space. Cohen joins following 18 years at Capital One’s Healthcare Banking and Lending unit (formerly GE Capital Healthcare Financial
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October 28, 2025 @ 08:02 AM
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Culain Capital Funding announced that Travis Smith has joined the firm as Senior Vice President – Regional Sales Executive, bringing over 25 years of experience in financial services with a deep focus on accounts receivable financing, asset-based lending, and commercial banking.Smith is a seasoned business development professional with extensive expertise in asset-based lending and commercial banking. Most recently, he served as Vice President of Business Development for a leading asset-based
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October 28, 2025 @ 08:00 AM
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MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, financed a $44,000,000 senior bridge loan for a 197-bed assisted living facility in the suburbs of New York City. The floating-rate loan, structured with an initial 12-month term and a 12-month extension option, was provided to the returning MONTICELLOAM client. Joseph Borenstein, Head of the MONTICELLOAM Healthcare Bridge Lending Team, stated, “Our team was able to provide flexible short-term financing that
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October 28, 2025 @ 07:36 AM
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