Cahill Gordon & Reindel LLP announced today that Julie L. Cohen has been appointed Chief Marketing Officer (CMO). Julie ascends to this position after leading Cahill’s marketing and business development functions since 2019. She is now the first person to hold the CMO title in the firm’s history.

Nominations for the 2025 SFNet 40 Under 40 Awards are open until Feb. 1. The Awards celebrate the secured finance industry’s rising stars. The SFNet 40 Under 40 Awards Committee Chair is Jennifer Wallace, loan portfolio manager, Wells Fargo Commercial Capital – Lender Finance. Here, we speak with Jennifer who shares her insights as a former winner on why SFNet members should consider nominating a rising star this year.

Sale of U.S. closeout retailer’s assets, including stores, distribution centers and intellectual property, to other retailers and companies will preserve brand and prevent layoffs

Throughout her career, Kristin has consulted with working capital providers to identify and resolve business challenges by leveraging technology. At Wells Fargo, her areas of focus include legacy application modernization, process improvement, automation, and simplifying tech stacks. 

Solifi, a global fintech software partner for secured finance, today announced the appointment of Dan Corazzi as its new Chief Executive Officer, effective on 13^th January 2025.  Solifi’s current CEO David Hamilton will transition into the role of Chairman.

Secured Finance Network posts Q3 survey results from bank and non-bank lenders

Data from the Secured Finance Network revealed generally mixed results in the asset-based lending market for the third quarter, with deal activity receding in response to fewer new client commitments, and the portfolio performance index improving for both non-banks and banks against already historically strong levels.

Tariffs, digitization, trade policy among top themes

This Alert is not another Serta gripe. Rather, this Alert is about the exception to the developing Serta credit agreement language that excludes debtor-in-possession financing as one type of senior financing that does not require an opportunity to participate pro rata.