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  • Diaz-Ortiz Lizzy Spotlight on SFNet's Diversity, Equity & Inclusiveness Committee

    Lizzy (pronounced LEE-see) Diaz-Ortiz is a Chicago-based attorney with over 15 years of experience leading culture change for organizations. Most recently, her efforts have focused on driving diversity and inclusion programs in which she helps organizations create a culture of belonging to drive better business results.

    She grew up as a military brat living and working all over the world and spent her formative years in Germany, quite different than the rest of her extended Puerto Rican family. Her diverse experiences as an Army dependent laid the groundwork for a three-year professional stint in Mexico City as an adult. More importantly, it provided the foundation for her desire to work in the diversity, equity, and inclusion realm and advocate for equitable outcomes.

  • Callodine Commercial Finance Announces New Hires as Part of Continued Platform Expansion
    Callodine Commercial Finance (“CCF” or the “firm”) today announced the hiring of Kathy Dimock and Michael Watson as key additions to the firm. Both bring years of experience in the asset-based lending space and complement the firm’s existing team and capabilities.
  • Monroe Capital Continues to Bolster Marketing Team with Adam Kennedy and Sanjay Yodh Hires
    Monroe Capital LLC today announced it has expanded its marketing and investor relations team with the addition of Sanjay Yodh, serving as Managing Director and Head of Insurance Solutions and Distribution and based in New York, and Adam Kennedy, serving as Director and based in Los Angeles.
  • SFNet to Host Innovation Conference - The Future of Work Live Online in July

    What if I don’t want to come back?  Do I have to disclose whether I was vaccinated to my employer? What are the impacts of remote operations from a commercial real estate perspective? How does corporate culture survive in a remote or hybrid environment? What is the impact on career mobility? How are new technologies being deployed to revolutionize workflows and the customer experience in the equipment finance industry?

    As the country continues to make its comeback after more than a year of fear and uncertainty from COVID-19, we are left with a lot of questions on what this all means about the work world—returning to offices and what the future will look like. In response to this, SFNet will host its first Innovation Conference, focusing on The Future of Work on July 14 and July 21, 2021 from 12:00-3:00 EDT each day. The Conference will focus on what the world of secured finance will look like as we emerge from the crisis. Attendees will walk away with the knowledge of whether their business is leading, adapting or falling behind.

  • SFNet's "The Data You Need to Plan Ahead" Webinar: Key Takeaways
    SFNet hosted a webinar Friday, May 14, from 12:00 p.m. – 1:00 p.m., titled "The Data You Need to Plan Ahead." The webinar was open to employees of SFNet member organizations and SFNet Chapter members only and provided analysis behind the numbers for the Secured Finance Foundation (SFFound) Market Pulse Report, the Foundation’s Annual ABL and Factoring Surveys as well as Refinitiv’s Capital Markets League Table for Q1. For those who would like to access the webinar, it is archived on SFNet’s site and can be found here.

    The webinar featured industry leaders and data experts discussing highlights of the annual surveys SFNet conducts, as well as analysis from Refinitiv and Keybridge to gain insight into what’s happening in the industry and portfolios.
  • David Gittleman Joins Wingspire Capital as Head of Capital Markets
    Wingspire Capital, a leading specialty finance firm focused on providing asset backed credit facilities to the middle market, today announced that David Gittleman has joined the firm as Head of Capital Markets. Mr. Gittleman is based in Atlanta and will support Wingspire’s growth as it implements its strategy of originating and arranging senior secured credit facilities for private and publicly traded companies throughout the country.
  • J.P. Morgan Asset Management Launches Growth Equity Platform as Part of J.P. Morgan Private Capital

    J.P. Morgan Asset Management today announced the launch of J.P. Morgan Private Capital, which includes a new growth equity investment arm and an existing private debt business, committed to providing customized solutions for early and growth stage companies across the capital structure. The group will be focused on institutional and high-net-worth clients and will also have the ability to invest the firm's capital alongside investors.

    J.P. Morgan Private Capital will be led by Brian Carlin, previously CEO of Wealth Management Solutions at J.P. Morgan, with Rick Smith, former Head of Private Investments at JPMorgan Chase, serving as Chairman of the group, and Meg McClellan, serving as the Head of Private Debt. 

  • Bianca Barredo An Interview with Bianca Barredo, Managing Director, Asset Based Lending at MidCap Financial
    In this installment of our series of executive interviews, Charlie Perer sits with Bianca Barredo to discuss MidCap Financial’s strategy, leadership, change in the ABL industry and state of the market, among other things.
  • Architect Capital Launches With $100 Million to Provide Asset-based Financing to Technology Companies in the U.S. and Latin America
    Architect Capital, an asset-based lender to early-stage technology businesses, announced that it has launched with over $100 million to provide non-dilutive or less-dilutive financing solutions to high-growth and technology-enabled businesses. With a focus on FinTech, E-Commerce, and SaaS companies in Latin America and the United States, Architect Capital's mission is to support innovative founders across the globe by structuring and delivering unique asset-based products complementary to traditional venture capital.
  • Gordon Brothers Provides Moda Operandi with $13M Term Loan to Support Company Sale

    Gordon Brothers, the global advisory, restructuring and investment firm, has partnered with the investment banking firm Consensus to provide a $13 million term loan to Moda Operandi to support the sale of its business.

    “The Gordon Brothers team was remarkable to work with,” said Stephanie Roberts, Interim Chief Financial Officer at Moda Operandi. “This was one of the best executed financings I’ve been through as they kept the process simple, straightforward and executed exactly what they said they would from the beginning.”

  • SFNet Presents Live Online Women in Secured Finance Conference: Where Women Rise

    On June 16 & 23, SFNet’s live online Women in Secured Finance Conference will bring together women who are looking to grow professionally, share experiences, celebrate successes and advocate for each other. 

    In response to feedback the WISF Committee has received from previous WISF conferences, SFNet is reimagining this year's event format by partnering with Corporate Class, Inc. to offer attendees an interactive, customized workshop focused on developing executive presence along with career progression and leadership skills.

    WISF Committee chair, Paula Currie of PNC Bank, said, “After the past year of remote living and working, we all could use a recharge to help us get back in the game. This year’s WISF conference, promises to do just that! The two-day interactive workshop is facilitated by experienced and renowned instructors who will help you build the skills, tools and confidence needed to realize your full potential and take your career to the next level.”

  • White Oak Commercial Finance Provides Working Capital Facility to Mana Products Inc.

    White Oak Commercial Finance ("White Oak") closed a working capital credit facility with Mana Products Inc. ("Mana"), a developer and manufacturer of high-end beauty products based in New York, at the end of the first quarter.

    The innovative beauty products company has been in business for over 40 years developing formulas for some of the world’s leading beauty brands and was recently acquired by Traub Capital, an experienced private equity firm specialized in building value in consumer companies. The funding will support Mana’s growth and market opportunities.

  • Kurt Marsden_2021 Interview with Kurt Marsden, Member of SFNet’s Diversity, Equity & Inclusiveness Committee

    Kurt Marsden is the executive vice president and head of Wells Fargo Capital Finance, which provides traditional asset-based lending, equipment financing solutions, and specialized junior and senior secured lending to companies in the U.S., UK, and Canada.

    Kurt joined Wells Fargo in 1992 through Capital Finance’s predecessor Foothill Capital Corporation, and has held many leadership roles in originations, portfolio management, and credit during his tenure, spanning all aspects of the company’s asset-based lending offerings.

    Kurt holds a bachelor’s degree in business administration with an emphasis in finance and real estate from California State University, Northridge. He resides in Los Angeles with his wife and two children. Outside of the office, Kurt is active in his community as the Board President of Inclusion Matters by Shane’s Inspiration, which is a non-profit focused on promoting greater inclusion for children with disabilities.

  • MidCap Financial Provides a $270 Million Senior Secured Tranche A Revolving Credit Facility to Revlon Consumer Products Corporation
    Jun 1, 2021
    MidCap Financial today announced it has entered into a successor agent appointment and agency transfer agreement pursuant to which MidCap Financial replaced Citibank as the collateral agent and administrative agent for the Amended 2016 Revolving Credit Agreement of Revlon Consumer Products Corporation (“Revlon”), a leading global beauty company. 
  • CIT Serves as Coordinating Lead Arranger for Approximately $200 Million Illinois Solar Financing

    CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, Illinois.

    The project sponsor is D. E. Shaw Renewable Investments (DESRI), a leading provider of cost-effective renewable energy across North America. DESRI is part of the D. E. Shaw Group, a global investment and technology development firm with more than $55 billion in investment capital.

  • AntonioMcKinney Headshot_x150 Interview with Antonio McKinney, Member of SFNet’s Diversity, Equity & Inclusiveness Committee

    Antonio McKinney is a business intelligence analyst with over 10 years of professional sales, workforce management and factoring experience. Antonio is an HBCU alumni, hailing from Langston University with a bachelor’s degree in Business Management. He currently works for TBS Factoring, LLC as the embedded analyst for the accounting division. Antonio resides in Oklahoma where he enjoys spending time with his wife and their 8-month-old daughter.

  • JudeBaldo_DEICommittee Interview with Jude Baldo, Member of SFNet’s Diversity, Equity & Inclusiveness Committee

    Jude Baldo is an associate in the Global Finance group of Sidley Austin LLP, a global law corporate law firm. He is responsible for counseling clients in complex financings across a broad spectrum of platforms, industries, and asset types, including lending and securitization transactions, both domestically and internationally.  Prior to embarking on his legal career, Jude was an associate vice president for a software as a service company, where his experiences with cross-border technology regulations led him to law school. Jude graduated a Regents Scholar from the University of California, Los Angeles and from Northwestern Pritzker School of Law with a JD.

    Jude resides in Illinois with his wife, their newborn, and their French bulldog, Celine.

    To see all the DEI resources, click here.

  • Wingspire Capital Hires John Olsen as Director on Portfolio Management Team
    Wingspire Capital, a leading specialty finance firm focused on the middle market, is pleased to announce the hiring of John Olsen as a Director on its portfolio management team. He will manage a portfolio of middle market borrower relationships from Wingspire’s Atlanta office.
  • AndrewHettinger - SGCredit Headshot Interview with Andrew Hettinger, Chief Investment Officer of SG Credit Partners, Inc.

    Andrew joined with the goal of bringing his upmarket sophistication and breadth of experience to the lower middle market with the goal of helping SG Credit build a real credit platform. On Monday, May 24, SG Credit Partners announced the extension of its comprehensive credit platform exclusively serving lower middle market entrepreneurs and new website illustrating its expanded capabilities.  


  • Digital Media Solutions Announces New $275 Million Senior Secured Credit Facility
    Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced that its operating subsidiary, Digital Media Solutions, LLC, has entered into a new $275 million five-year senior secured credit facility, which consists of term loans in an aggregate principal amount of $225 million and a $50 million revolving credit facility.

    Truist Securities, Inc. and Fifth Third Bank, National Association, acted as Joint Lead Arrangers and Joint Bookrunners for the financing. Truist Bank also serves as the Administrative Agent, Collateral Agent, a Lender and an Issuing Bank.