Hopkins & Carley is a premier Silicon Valley law firm meeting the legal needs of financial institutions, individuals, and business clients throughout the United States. The firm advises clients in business litigation, intellectual property, real estate, employment, estate planning tax, corporate, and commercial transactions.

A notable increase in concerns over risk management and regulatory compliance issues headlines key challenges facing U.S. banks, credit unions and other lenders, according to the results of the 2023 Regulatory & Risk Management Indicator survey conducted by Wolters Kluwer Compliance Solutions. The 2023 Indicator Main Score rose from an index level of 94 in the 2022 survey results to 119 this year, a 25-point index increase.

Hyde Park Capital is pleased to announce that its client, Nevada Surgical Suites (“NSS”), a leading provider of pain management solutions, including interventional pain management and minimally invasive spine surgery via a portfolio of ambulatory surgery centers, has entered into a joint venture with Surgery Partners, Inc. (“Surgery Partners”), a leading operator of surgical facilities and related ancillary services.

Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced it has entered into a new senior secured credit facility. Lenders for the facility include BMO Bank N.A., as Administrative Agent, Bank of America, N.A., and MUFG Bank, Ltd.

Fortress Investment Group LLC (“Fortress”) today announced the acquisition of a global multi-manager hedge fund offering from PineBridge Investments and the hiring of Jeff Runnfeldt as Chief Investment Officer of a new global multi- manager investment platform, the Fortress Multi-Manager Group (“Fortress MMG”).

Wells Fargo & Company (NYSE:WFC) today announced that Darlene Goins is named head of Philanthropy and Community Impact and president of the Wells Fargo Foundation. She will be responsible for the company’s philanthropic strategy in housing access and affordability, financial health, small business growth and sustainability, reporting to vice chairman of Public Affairs Bill Daley.

Near Intelligence, Inc. (NASDAQ:NIR) (“Near” or the “Company”), a privacy-led data intelligence company, today announced that it and certain of its subsidiaries (collectively, the “Debtors”) have voluntarily initiated a Chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware (“Bankruptcy Court”) and will seek to sell their assets through a court supervised sales process.

Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Los Angeles-based Arthur Mattousch as a Managing Director in its Private Equity Performance Improvement Group (PEPI). Mr. Mattousch's hire underscores A&M's continuous effort to enhance its strategic capabilities, industry knowledge, and global talent base to maximize value and drive change for clients.

Recent transactions include a $150 million inventory financing facility with a leading automotive company with approximately $5 billion in revenue and a $60 million accounts receivables financing facility with a private equity sponsor-backed healthcare company with accounts receivables from Medicare, Medicaid and other investment grade health insurance companies

Evolution Credit Partners Management ("Evolution" or the "Firm), an alternative credit firm with approximately $3 billion in assets under management, announced today the close of two new trade finance facilities to add to its growing trade finance portfolio of ~$1.5 billion in total volume since inception.

First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided $85 million in financing to CVB Inc.

Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in more than 127,000 gross wells across 28 states, today is pleased to announce an increase of the borrowing base and total commitments under the Company's revolving credit facility.

Carrie Goldfeder, a seasoned credit executive with over 25 years of credit and corporate finance experience across all facets of loan production, credit performance and portfolio management, has joined Old National Bank, the wholly-owned banking subsidiary of Old National Bancorp (“Old National”), as Chief Credit Officer. She will office out of Chicago.

Capstone Partners has released its 2023 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone’s in-depth middle market knowledge with proprietary data obtained from 435 participating owners of privately held, middle market companies.

Oak Hill Advisors ("OHA") served as a Lead Arranger for the acquisition financing to support Thoma Bravo's $1.8 billion take-private of NextGen Healthcare, Inc. ("NextGen Healthcare"), a leading provider of cloud-based healthcare technology solutions to ambulatory providers. The transaction was financed with a unitranche term loan and revolving credit facility.

Commercial Finance Partners is pleased to announce the hiring of Karen Small as Senior Business Development Officer for the Midwest Region. With over 25 years of experience in financial services, Karen has worked as a Field Examiner for Michigan National Bank, founded an auditing consulting company, and founded Sterling Commercial Credit, a financial services provider.

LSQ, a leading provider of working capital and payments management solutions, recently originated a $1 million credit facility for QualDoc, a Richmond, Virginia-based staffing firm. The new facility builds on an existing relationship between LSQ and QualDoc; the company is a long-time user of Qwil powered by LSQ, an integrated payroll finance solution that serves staffing suppliers across numerous industries.

Raymond (Ray) Chun becomes Group Head, Canadian Personal Banking. Tim Wiggan appointed Group Head, Wealth Management and Insurance. Michael Rhodes to leave TD for an outside opportunity.

In June, SFNet was successful in getting an amendment to the California Commercial Finance Disclosure Law granting lenders a safe harbor (which goes into effect on January 1, 2024) in the event that estimates are made in good faith, but do not match the borrower’s actual subsequent experience.

Kirkland & Ellis advised Brookfield, as the majority shareholder of the Schoeller Allibert Group, a European market leader of returnable industrial plastic packaging solutions, in relation to its successful comprehensive recapitalisation effective 7 December 2023.