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Week's News

PGIM announced the final close of PGIM Senior Loan Opportunities II, L.P. (“PSLO II”), the second commingled private credit fund available to unaffiliated investors in its middle market direct lending series. PSLO II closed with over $4.2 billion in... Read Story

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August 04, 2025 @ 08:15 AM

TAB Bank added Sam Cirelli as Vice President, Business Development, to strengthen the Northeast lending team. Based in New York, Cirelli has spent over 30 years as a corporate lender and advisor to small and mid-sized companies. He managed, directed... Read Story

August 04, 2025 @ 08:10 AM

BriteCap Financial, a non-bank lender providing American small businesses with fast, convenient, and affordable working capital, announced today the promotion of Molly Coleman to Chief Administrative Officer & General Counsel.“Molly has been... Read Story

August 04, 2025 @ 08:00 AM

Republic Bank & Trust Company introduced two new members to the corporate leadership team. Promoted from within, Christy Ames now serves as Executive Vice President (EVP), Chief Legal Officer & General Counsel, and Scott Nardi takes on the role of... Read Story

August 04, 2025 @ 07:51 AM

Myriad Genetics, a leader in molecular diagnostic testing and precision medicine, closed a five-year senior secured term loan credit facility providing up to $200 million of capital from OrbiMed, a leading global healthcare investment firm. The... Read Story

Filed Under: Healthcare
August 04, 2025 @ 07:51 AM

Citizens Capital Markets & Advisory served as the exclusive financial advisor to LayerZero Power Systems, Inc. on its sale of a majority stake to Advent International, a global private equity investor.Established in 2001 and headquartered in Aurora... Read Story

Filed Under: Specialty Industries
August 04, 2025 @ 07:41 AM

Garnet Capital Advisors announced two successfully closed consumer loan sales totaling $35 million in UPB. The loans were sold on behalf of Huron Trustee Group, a leading consulting firm in North America, following the bankruptcy of the originator... Read Story

Filed Under: Bankruptcy
August 04, 2025 @ 07:10 AM

Hommocks, a leading alternative investment manager specializing in commodity trade finance, announced the successful closure of a $1.5 million receivable finance facility for a prominent Spanish cocoa powder producer and exporter. This high-yield... Read Story

Filed Under: Commodities
August 04, 2025 @ 07:00 AM

Hyperscale Data entered into a Securities Purchase Agreement providing for up to $100 million of financing from Ault & Company, Inc., a related party ("A&C"). Pursuant to the Agreement, Hyperscale Data has agreed to issue and sell to A&C up to $100... Read Story

Filed Under: Technology
August 04, 2025 @ 06:00 AM

Ares Management Corporation announced that funds managed by its Credit Group (collectively "Ares") closed approximately $8.8 billion in U.S. direct lending commitments across 70 transactions during the second quarter of 2025 and approximately $46.5... Read Story

August 01, 2025 @ 08:15 AM