Ares Management Corporation announced that funds managed by its Credit Group closed approximately $11.5 billion in U.S. direct lending commitments across 81 transactions during the first quarter of 2025 and approximately $50.4 billion in direct...
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May 05, 2025 @ 08:15 AM
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According to a Bloomberg report, hedge funds are betting against private credit lenders due to trade wars, a shrinking economy and rising strain among borrowers. According to the report, short sellers have made approximately $1.7 billion on paper so...
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The 30,961 individual chapter 7 filings in April 2025 represented a 16 percent increase over the 26,781 filings recorded in April 2024, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Total individual...
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Runway Growth Capital announced the promotion of Avisha Khubani to Managing Director of Portfolio Analytics. In her expanded role, Khubani will continue to oversee the performance of Runway's portfolio companies while enhancing Runway's risk...
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VSE Corporation, a leading provider of aviation aftermarket distribution and repair services, announced the successful refinancing of its Term Loan A and Revolving Credit Facility. Citizens Bank acted as the administrative agent, lead-left bookrunner...
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First Citizens Bank won two gold Stevie® awards for business excellence in the 23rd annual American Business Awards competition.The American Business Awards are widely regarded as the premier business awards program in the U.S. More than 3,600...
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Houlihan Lokey announced that Andy Hull has joined as a Managing Director and Head of Midstream in the firm’s Oil & Gas Group. Based in Houston, Hull will lead and further enhance the firm’s midstream coverage. Hull joins the firm after 20 years at...
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TPG, a leading global alternative asset management firm, announced the launch of TPG Sports, a dedicated investing business focused on partnering with companies, teams, and leagues shaping the future of sports. TPG is launching the strategy in...
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Ally Financial announced the launch of a new Corporate Finance division focused on energy and infrastructure finance, specifically targeting the power, energy and digital sectors. This initiative is part of Ally's commitment to delivering tailored...
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Renasant Corporation announced that Kevin D. Chapman has assumed the role of Chief Executive Officer and President of both the Company and Renasant Bank. C. Mitchell Waycaster, immediate past Renasant CEO, will continue as Executive Vice Chairman for...
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