Trinity Capital announced a portfolio update for the third quarter and first three quarters of 2025. Trinity Capital originated $773 million of new commitments in the third quarter of 2025, bringing new commitments for the first three quarters of 2025 to $1.5 billion. Third quarter 2025 investment highlights:
Investments funded totaled approximately $471 million, which was comprised of $381 million in secured loans, $57 million in equipment financings and $33 million in warrant and equity
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October 10, 2025 @ 08:15 AM
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TAB Bank closed a $11.5 million asset-based lending facility for Prometco Metals Corporation, including a $500 thousand term loan. The funds will help the distributor and processor of stainless steel and aluminum coil products accelerate growth and maintain its position as a premier provider of metal products in North America. Prometco was founded in 1991 with the intent to process and distribute stainless steel and aluminum slit coil products. In addition, its founders have over 60 years
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October 10, 2025 @ 08:10 AM
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MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the financing of a $70,000,000 senior bridge loan for eight skilled nursing facilities in Massachusetts and Rhode Island.The $70,000,000 bridge debt carries a 24-month initial term and will be used by the Sponsor, a returning MONTICELLOAM client and established operator across the northeast United States, to refinance the existing debt on the skilled nursing portfolio, comprised of more than 700
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October 10, 2025 @ 08:10 AM
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Colbeck Capital Management announced that Michael Smith has joined the firm as a Managing Director on the Investment Team. Based in New York, he will report to Colbeck’s Co-Founders and Managing Partners, Jason Beckman and Jason Colodne.Smith adds nearly two decades of private credit and corporate lending experience across sponsored, non-sponsored, and special situations investment strategies to Colbeck’s existing bench of investment talent. Most recently, Smith served as Co-Head of the U.S.
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October 10, 2025 @ 08:05 AM
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NineDot Energy, a developer of community-scale battery energy storage systems (BESS) in the New York City metro area, completed a $175 million revolving debt financing from Deutsche Bank. This transaction reflects the importance of battery energy storage in making the New York electric grid cleaner and more sustainable, while also affirming NineDot’s leadership position in the region.“NineDot’s mission is to create innovative urban energy solutions for a cleaner and more sustainable future, and
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October 10, 2025 @ 07:51 AM
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Cascadia Capital announced that Nathan Gordon has joined the firm as a Director in its Technology Investment Banking group. Gordon will be based in Los Angeles and spend significant time in Silicon Valley. He will focus on originating and executing M&A and capital-raising transactions for enterprise software and technology companies.Gordon’s addition follows Cascadia’s recent announcement of Jonathan Cantwell as Head of Technology Investment Banking, marking another important step in the firm’s
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October 10, 2025 @ 07:50 AM
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AirStrip Technologies, an enterprise AI healthcare technology company pioneering next-generation remote patient monitoring and clinical intelligence solutions, has entered into a committed $50 million credit facility with OrbiMed, a leading global healthcare investment firm. OrbiMed also made a preferred stock investment in AirStrip. BTIG, LLC acted as exclusive placement agent and strategic advisor for the transaction.The funding will accelerate AirStrip’s growth strategy as demand increases
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October 10, 2025 @ 07:47 AM
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Haynes Boone served as legal counsel to Hudson Structured Capital Management Ltd. in connection with the formation and closing of its Hudson Northern Shipping Fund V LP (HSNF V), which secured investor commitments totaling $719 million.HSNF V focuses on investments in senior loans and capital leases secured by vessels and attracted commitments from a diverse base of new and returning investors, including public pension plans and insurance companies.As part of the transaction, Hudson Structured
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October 10, 2025 @ 07:45 AM
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In a move that strengthens Barnes & Thornburg’s nationally recognized funds platform, B&T announced that Brantley Hawkins has joined the firm as a partner in New York City.Hawkins focuses his practice on private funds and investment management. He was previously a partner at Croke Fairchild Duarte & Beres and a senior associate at Davis Polk & Wardwell, where he practiced with Scott Beal, co-chair of B&T’s Private Funds and Asset Management practice.“Brantley is a top private funds lawyer with
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October 10, 2025 @ 07:14 AM
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Top California Lender closed a $16.3 million construction loan to finance the redevelopment of an existing building in Pikesville, a thriving neighborhood in Baltimore County, into a modern assisted living facility. The project will transform the historic property into a resident-focused community, serving seniors in Pikesville, Owings Mills, and surrounding neighborhoods. The development will feature state-of-the-art living spaces, enhanced services, and sustainable design, creating a safe
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October 10, 2025 @ 06:00 AM
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Chad Simon has joined Gordon Brothers as Senior Managing Director, Transactions. In this role, Simon joins the team responsible for structuring transactions that leverage the firm’s full asset capabilities to provide solutions for clients and partners as well as building lending solutions that complement Gordon Brothers’ existing asset-based lending facilities in North America. In addition, he oversees the firm’s distressed transactions in the region, including new capital deployment and
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October 09, 2025 @ 08:15 AM
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SG Credit Partners, through its Consumer Products division, has provided a $20 million asset-based credit facility to Ring Concierge, a luxury jewelry retailer founded by Nicole Wegman. The revolving credit facility refinances an existing bank facility to provide enhanced liquidity and covenant flexibility in support of the company’s growth initiatives. Ring Concierge is the leading luxury jeweler committed to designing products for women, by women. Founded by Nicole Wegman in 2013, Ring
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October 09, 2025 @ 08:12 AM
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Trinity Capital announced the appointment of Paul D'Agrosa as Managing Director of Life Sciences, based in Denver, Colorado. D'Agrosa will help expand the Company's Life Sciences business to new markets across the U.S., bringing with him more than a decade of experience in loan origination, business development, and relationship management."We are pleased to welcome Paul to the team," said Rob Lake, Senior Managing Director of Life Sciences at Trinity Capital. "His track record in life sciences
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October 09, 2025 @ 08:10 AM
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Libertas Funding (“Libertas”), a leading provider of working capital solutions to small and medium-sized businesses, announced a $100 million credit facility from Victory Park Capital (“VPC”). The financing will support Libertas’ growth of its SuperB financing program as it continues to expand its business model. “We’re excited to have the backing of Victory Park Capital, which shares our vision of growth capital without compromise,” said Gary Katcher, Founder & Executive Chairman of Libertas.
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October 09, 2025 @ 08:05 AM
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SLR Digital Finance (“SLRDF”) funded a new senior secured credit facility for a sports podcast and digital streaming company. The company delivers sports coverage for professional and college teams via podcasts and streaming platforms. SLRDF’s financing provides the company with the working capital and flexibility needed to expand market coverage and manage working capital. “We are thrilled to partner with this growing sports network and look forward to supporting the company’s continued growth.
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October 09, 2025 @ 08:00 AM
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