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Week's News

BNP Paribas appointed several senior executives to its Global Markets Americas division. The appointments demonstrate the bank’s commitment to the Americas region and ambition to grow its Global Equities, Global Credit and Global Macro... Read Story

December 08, 2022 @ 08:00 AM

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, today announced it is the lead bank in a $93 million construction loan to support the Innes Redevelopment Project, with the  development... Read Story

Filed Under: Real Estate
December 08, 2022 @ 07:58 AM

CIT, a division of First Citizens Bank, announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC ("NineDot Energy"), a leading developer of... Read Story

Filed Under: Energy
December 08, 2022 @ 07:57 AM

First Foundation, a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced Christopher M. Naghibi, who has served as Executive Vice President, Chief Credit Officer of... Read Story

December 08, 2022 @ 07:53 AM

400 Capital Management, an alternative credit asset manager specializing in structured credit with over $5.7 billion of capital under management, announced the final close of its Asset Based Term Fund III (“ABTF III”). The fund, launched in July 2021... Read Story

Filed Under: Private Equity News
December 08, 2022 @ 07:46 AM

Avant announced it secured $250 million of corporate debt and redeemable preferred equity from Ares Management Alternative Credit funds (“Ares”)."Avant has established a track record of success over the course of a decade of delivering on our mission... Read Story

Filed Under: Lender Finance
December 08, 2022 @ 07:39 AM

Trinity Capital entered into an agreement to co-manage a newly formed joint venture, i40, LLC (the "JV"), with certain funds and accounts managed by a specialist credit manager with over $5 billion of assets under management. The JV will invest in... Read Story

December 08, 2022 @ 07:36 AM

BlackArch Partners announced that OnPoint Industrial Services, a portfolio company of Capstreet, has been acquired by MML Capital Partners (“MML”).Headquartered in Deer Park, Texas, OnPoint is a leading specialized provider of safety, logistics and... Read Story

Filed Under: Specialty Industries
December 08, 2022 @ 07:00 AM

Culain Capital Funding completed a $250,000 Accounts Receivable Factoring Facility with a startup Medical Staffing Company based in Texas.A referral to Culain Capital from a commercial loan broker, the company’s complex business issue revolved around... Read Story

Filed Under: Staffing Services
December 08, 2022 @ 06:01 AM

Citizens Financial Group has been named Bank of the Year 2022 for the U.S. by The Banker, an outlet of The Financial Times, as part of the magazine’s annual global banking awards.In announcing the award, the magazine noted Citizens’ successful growth... Read Story

Filed Under: Banking News
December 07, 2022 @ 08:00 AM