Citi has launched Citi Commercial Bank (CCB) in Japan as part of its strategy to launch its CCB business in key growth markets across specific clusters where the bank can grow at scale; and it has recently appointed Yutaka Naito as the head of the business in Japan.

RSK Group Limited (“RSK” or the “Company”), a global leader in the delivery of sustainable solutions, today announced it has entered into an agreement to receive a £500 million preferred equity investment from a consortium led by Searchlight Capital Partners, L.P. (“Searchlight”), and Ares Management Corporation funds (“Ares”).

Following the acquisition of Bovill in February 2024, Ocorian has today launched Bovill Newgate, its global regulatory and compliance business to address growing concerns over regulatory risks across financial services.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM ABL facility to a life sciences company who operates in the field of cell and gene therapy used for research and development, clinical trials, and commercial production by academic, biotech, diagnostic, pharmaceutical, and contract research organizations. Proceeds from AFS’ revolver will provide working capital and support for long-term growth plans.

First Citizens Bank today announced that its Energy Finance business served as coordinating lead arranger on $133 million of financing for the new Cranberry Point Energy Storage project planned for Carver, Massachusetts.

Goetz Fitzpatrick LLP (goetzfitz.com) and Platzer, Swergold, Goldberg, Katz, and Jaslow LLP (platzerlaw.com) are thrilled to announce their upcoming merger to become Goetz Platzer LLP.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of ZeroFox Holdings, Inc. (“ZeroFox”) by private equity sponsor Haveli Investments.

CFOs' outlook was cautious, as most indicate the economy is their most concerning external risk. This sentiment was perhaps most apparent in CFOs' risk appetite: only 26% of surveyed CFOs believe that now is a good time to be taking greater risks.

First Citizens Bank today announced that its Healthcare Finance business provided a term loan to refinance GenCare Lifestyle Tacoma at Point Ruston, a 159-unit senior living facility in Tacoma, Washington.

Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today that it has completed a $25 million secured term loan (the "Term Loan") with PenderFund Capital Management Ltd. ("Pender"), an independent investment firm located in Vancouver, British Columbia.

KeyBank announced that Hans Jung has joined the bank as senior relationship manager within its Connecticut and Western Mass. middle-market Commercial Banking team. In this role, he will work with companies with annual revenues from $10 million to $2 billion, offering a range of corporate finance solutions, treasury management, and liquidity solutions tailored to meet their unique business needs.

Mad Mobile, a pioneering force in restaurant and retail SaaS and payment solutions, is pleased to announce the closure of a $50 million financing agreement. This funding, managed by Morgan Stanley Expansion Capital and Bridge Bank, will be strategically utilized to amplify the expansion of its SaaS and payment technologies, refinance existing debts, and propel sales growth.

Amerisource Business Capital announced the closing and funding of a $2,000,000 working capital facility for a candy manufacturer based in Utah. The proceeds will support the company’s ongoing growth and enable it to meet increasing market demand.

Umpqua Bank, a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), today released the findings of its annual Business Barometer, an in-depth study into the mood, mindset and strategic priorities of small and middle market businesses across the U.S. For the first time in its six-year history, the study shows a widening gap between the outlook and plans of middle market companies and small businesses.

White Oak Commercial Finance, LLC (“WOCF”) has closed a new $1.1 billion credit facility agented by Wells Fargo Bank, N.A., and including 11 other banks, increasing the capital that can be invested in asset-based lending (ABL). Additionally, WOCF and White Oak ABL, LLC announced a merger of the two entities into WOCF, which will now be an integrated ABL platform structured to optimally serve this rapidly growing market.

Solifi, a global fintech software partner for secured finance, is celebrating its 50th anniversary after enjoying substantial growth in 2023. Founded in Minnesota as Decision Systems in 1974, the business initially specialized in solutions for equipment finance.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Ted Kowalsky is joining the firm as a Principal in its Government and Public Sector Advisory practice. In this role, Kowalsky will focus on advising public sector and commercial businesses on ways to leverage government funding and the tax code in support of a nationwide focus on community resilience, economic development, and sustainability objectives.

First Citizens Bank today announced that its Middle Market Banking group has named Tao Sung as director and relationship manager in the Los Angeles region. Based in the Santa Monica office, Sung will focus on leading his team to develop new business in the area while also supporting a portfolio of existing Middle Market Banking relationships and providing a host of products and services to customers.

Figure Technology Solutions (“Figure”), the technology platform streamlining the private credit and housing markets, today announced the launch of Figure Connect, a first-of-its-kind blockchain-based multi-seller, multi-buyer marketplace of private credit loans.

Stifel Financial Corp. (NYSE: SF) and Lord Abbett, LLC, today announced the formation of a substantial leveraged lending joint venture, SBLA Private Credit. SBLA Private Credit will focus on both new issue and existing loans to small and mid-sized portfolio companies of financial sponsors and compliments the existing capabilities of both firms.