AllianceBernstein L.P. ("AB") (NYSE: AB), a leading global investment management firm, today announced the launch of the AB CarVal Credit Opportunities Fund (ABAYX), an unlisted, closed-end interval fund.

Barclays today announces the appointments of Derek McNulty as Global Co-Head of Chemicals Investment Banking, Derek Davidson as Head of Americas Commercial, Residential and Industrials Services, and Jared Itkowitz as Head of Americas Transportation and Logistics within Industrials Investment Banking. All three are based in New York and report to Spyros Svoronos, Global Head of Industrials Investment Banking.

Fundbox, a leading embedded capital platform for SMBs, announces a new credit facility with Cross River, a technology infrastructure provider that offers embedded financial solutions, and Waterfall Asset Management, a global alternative investment advisor. The agreement brings Fundbox’s total annual origination capacity to over $2B, including existing capacity.

Election years often bring heightened uncertainty for business owners, who must navigate potential policy shifts that could significantly impact their operations. KeyBank's Fall 2024 Small Business Flash Poll found that more than three in five (61%) small business owners polled plan to delay making major business decisions until after election results come out, underscoring the significant impact the political environment can have on business strategy.

Viola Credit, a global asset manager focused on providing asset-based lending solutions to the innovation economy, today announced a strategic joint venture with Cadma Capital Partners ("Cadma"), an affiliate of Apollo Global Management ("Apollo") that specializes in financing solutions for high-growth technology companies and the investment firms that sponsor them.

Ocorian, market leader in fund administration and corporate services, has recruited Michael Gull as Head of Funds US as it builds for expansion. He brings deep experience and expertise in fund administration from a near 30-year career in senior roles with major firms in San Francisco, Los Angeles and New York. He will be based in Ocorian’s New York office.

MidFirst Business Credit (MFBC) announced it has recently provided a $7 million working capital facility to Orly International, Inc. (“Orly”). Headquartered in Los Angeles, CA, Orly is a manufacturer and wholesaler of high-quality nail lacquers and various nail care products.

Digital Media Solutions, Inc., (“DMS” or the “Company”), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced it has entered into an asset purchase agreement (the “APA”) with existing lenders (the “Lenders”), including a consortium of leading financial institutions. In addition, the Company has secured an approximately $122 million financing commitment from certain of the Lenders to facilitate voluntary Chapter 11.

On September 16, 2024, Roku (NASDAQ:ROKU), Inc., a leader in streaming entertainment devices and platforms, announced the establishment of a new credit agreement. The agreement, entered into with Citibank N.A. as the administrative agent, provides Roku with a revolving credit facility of up to $300 million with an option to increase it by an additional $300 million under certain conditions.

Wells Fargo & Company (NYSE: WFC) today announced the launch of specialized Application Programming Interfaces (APIs) tailored for its Commercial Banking clients. This expansion of Wells Fargo’s API portfolio provides immediate access to real-time data that may help increase sales, improve liquidity, reduce credit risk, and reduce expenses for floorplan and channel finance clients in the following industries: auto, motorsports, outdoor products and equipment, recreational vehicles, consumer electronics, appliances, and technology.

Today, The Huntington National Bank announced that banking veteran Patrice DeCorrevont has been named president of its Illinois/Wisconsin region. DeCorrevont brings more than three decades of experience to this role.

Epica International Inc., a global leader in advanced medical imaging and precision robotics, today announced the closing of an $18 million growth capital credit facility with [Avenue Venture Opportunities Fund, L.P. and Avenue Venture Opportunities Fund II, L.P., which are funds of] Avenue Capital Group.

Tupperware Brands filed for bankruptcy protection in Delaware late on Tuesday, succumbing to mounting losses due to poor demand for its once popular colorful food storage containers.

QuickFi® is honored to be recognized as the Best PaaS (Platform as a Service) Provider of the Year at the 2024 Global BankTech Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers on its patented embedded lending platform.

Octaura Holdings (“Octaura”) today announced the launch of Market Lists, a new protocol powered by data and analytics that streamlines the collateralized loan obligation (CLO) liquidation process for more efficiency throughout the trading lifecycle. Market Lists connects sellers directly to dealer and buyside communities to save time, reduce costly manual errors and create a more transparent market.

The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has today announced Alts BridgeSM ("Alts Bridge"), a comprehensive data, software, and services solution built to meet the growing demand from wealth intermediaries looking to access alternative and private market investment products, through a simplified end-to-end investment experience.

Barclays today announces the appointment of Abhishek Singhal as a Managing Director within Technology Investment Banking focused on the Payments sector. Mr. Singhal will be based in New York and will report to Kristin Roth DeClark, Global Head of Technology Investment Banking.

Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 8/31/2024) focused on generating defensive, premium yield and total returns from the less efficient and resource-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Lloyd A. Sprung has joined as Senior Advisor.

Building on a strategic long-term growth plan, EverBank Financial Corp (EverBank Holdings), a bank holding company that conducts its banking operations through its wholly owned subsidiary, EverBank, N.A. (EverBank), announced today that it has entered into a stock purchase agreement to acquire Sterling Bank & Trust, FSB, a wholly owned subsidiary of Sterling Bancorp, Inc., and merge it into EverBank.

Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today it has entered into a new five-year $750 million credit facility, with JPMorgan Chase Bank, N.A., as agent, and a syndicate of lenders (the "Credit Facility").