The five-year loan and four-year interest-only period may each be extended another year should Arcus initiate Phase III trials for its cancer therapies, a HIF-2α inhibitor casdatifan and the CD73 inhibitor quemlicustat, and meet regulatory milestones, respectively.

These new positions will enhance the Company’s origination capabilities and portfolio management to better serve the needs of its existing and potential borrowers and their venture investors.

Comvest Partners (“Comvest”), a middle-market private investment firm, today announced the promotions of three key leaders of Comvest Credit Partners, its direct lending investment platform. Robert O’Sullivan has been appointed as Chief Executive Officer; Jason Gelberd as Chief Operating Officer; and Greg Reynolds as Chief Investment Officer, effective immediately. With these appointments, Michael Falk, Comvest’s Founder and Chief Executive Officer, assumes the role of Executive Chairman.

MoneyThumb, a leader in automated document evaluation and fraud detection solutions announced today that it has been acquired by Iron Creek Partners LLC (“Iron Creek”), a private investment firm with a focus on investments in the software, data, communications, and business services industries. Iron Creek led the investment group, which also included Main Street Capital Corporation (NYSE: MAIN).

HealthEquity, Inc. has successfully refinanced its prior credit obligations, repaying $511.9 million and establishing a new $1 billion senior secured revolving credit facility, which includes a $25 million sub-limit for letters of credit.

Varsity Brands (the “Company”), a leader in team sports, athletics and spirit, and KKR, a leading global investment firm, today announced the completion of the acquisition of Varsity Brands by KKR from Bain Capital and Charlesbank. As the new majority owner of Varsity Brands, KKR will support the Company as it continues to grow its business.

Capstone Partners, a leading middle market investment banking firm, has announced a significant appointment within its management team. Ken Wasik, Managing Director and Head of Consumer Products Banking, will now also serve as Co-Head of Investment Banking.

Fortress Investment Group today announces the appointment of Damola Adamolekun as CEO of RL Investor Holdings LLC.

Culain Capital, a premier provider of creative financial solutions, proudly announces the successful structuring of a $3,000,000 accounts receivable financing facility for a prominent warehousing and logistics services firm specializing in the renewable energy sector.

Almost three quarters (73%) of American small business owners say their business has grown in the last year, with even higher percentages for Black (84%) and Hispanic (80%) owners, according to the U.S. Bank 2024 Small Business Perspective that was released today.

nFusion’s $2 million factoring facility funding helped the Company to pay subcontractors faster, so they could acquire additional subcontractors’ services which enabled them to take on bigger projects and continue to grow.

VSS Capital Partners (“VSS”), a private investment firm investing in the healthcare, education, and business services industries, announced that David Fann has joined the firm as Senior Managing Director and Head of Investor Relations. Mr. Fann brings vast experience, having held executive leadership roles in private market firms that have invested over $50 billion in private equity and private credit for institutional investors.

BizCap®, a commercial finance advisory firm established in 2002, announces it has structured and secured financing for Gibbs Smith, an American publisher known for producing beautifully crafted books designed to enrich and inspire readers.

The trendy restaurant chain serves a popular niche, but has struggled to find enough customers.

When a third-generation, family-run food manufacturing company sought to refinance their incumbent regional bank, they chose the local, gulf coast experts at Republic Business Credit to refinance their line of credit. Republic was introduced by food and beverage industry leaders that believed Republic’s experience in the food manufacturing industry would enhance the long-term success of the partnership.

The TCW Group, a leading global asset management company, today announced that it has closed its second $400 million Collateralized Loan Obligation (CLO) fund this year, TCW CLO 2024-2, Ltd., which is secured primarily by broadly syndicated first-lien loans. This close adds to TCW’s continued strong growth in alternative credit assets, which have more than doubled since 2020.

Alvarez & Marsal Tax, LLC (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), announced the appointment of Sean Trahan as Managing Director within its Transfer Pricing line of service. Following the hiring of Managing Directors Dan Peters and Matt DeFelice along with Senior Economists Barry Freeman and Clark Chandler, Mr. Trahan’s joining continues the build out of A&M’s global transfer pricing team while underscoring A&M Tax’s strategic international expansion.

WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has appointed Cris Gossard as Central Ohio (CO) Market President and Senior Commercial Banker. This strategic appointment underscores the bank's commitment to continuing to enhance its market presence and deliver exceptional banking services to the Central Ohio market.

The Boys & Girls Clubs of Greater Washington (BGCGW) and CohnReznick have announced that they will be working together to provide hands-on professional development learning experiences to BGCGW teens and young adults as they enter the workforce and make crucial decisions about career paths.

Honigman LLP announced today that it is growing its Corporate Department with the addition of Angela Johnson Reier as partner in the firm’s Transactions & Counseling Practice Group in Chicago.