- KeyBank Expands Commercial Banking Teams in Chicago and Southern California to Serve the Middle Market
- Provident Expands Commercial Lending Team as Part of Regional Growth Strategy for Eastern Pennsylvania
- Appraisers See a Mixed Picture for Valuations
- SLR Business Credit Adds Mark J. Simshauser as Senior Vice President Supporting Growth in Northeast US
- Bob Seidenberger Joins Franklin Capital as VP of Sales
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What Does The Second Year of Inflation Tell Us?
Oct 27, 2022 -
Phoenix Lending Survey Results Reveals Inflation is Driving Economic Conditions and Consumer Spending
Oct 27, 2022Phoenix’s Q3 2022 “Lending Climate in America” survey asked lenders to identify that greatest factor driving the softening global economic conditions. The majority of lenders, seventy-five percent, believe inflation is the greatest factor. Seventeen percent of the lenders surveyed believe that global supply chain issues is the greatest factor. Of the lenders surveyed, eight percent believe the war in Ukraine is the greatest factor driving the softening global economic conditions.
-
Citizens Leads $98.7 Million Loan to Houston-based Hanover Company
Oct 26, 2022Citizens announced today that its Commercial Real Estate Finance team led a $98.7 million loan to Houston-based Hanover Company for the construction of a six-story, 309-unit multi-family project in Laguna Niguel, Calif. Citizens is Joint Lead Arranger and Administrative Agent.
-
Gordon Brothers Welcomes Nick Kitchin as Managing Director
Oct 25, 2022
Gordon Brothers, the global advisory, restructuring and investment firm, has welcomed Nick Kitchin as Managing Director.
Based in London, Kitchin is responsible for capital strategy and originating, structuring and executing investment opportunities in the U.K. and Europe. With over 15 years of experience in restructuring, finance, distressed investing, and mergers and acquisitions, he works with the firm’s pan-European clients to develop customized, flexible and rapid solutions across asset classes.
-
RedRidge Announces New Hires
Oct 24, 2022RedRidge announced it has hired Andrew Rodgers as associate director. Rodgers has served private equity and corporate clients, with deal sizes valued up to $500M and has experience leading numerous M&A buy-and sell-side due diligence projects across a variety of industries. Kelsey Mohr has joined RedRidge as associate director. Mohr provides financial due diligence and lender due diligence services at RedRidge. RedRidge also announced Chris DiPietro has joined as a senior associate, based in Connecticut.
-
Runway Growth Capital Announces a Senior Secured Term Loan of $45 Million to Nalu Medical
Oct 24, 2022Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan of $45 million to Nalu Medical, Inc. ("Nalu"), a privately held medical device company focused on innovative and minimally invasive solutions for chronic neuropathic pain.
-
Flagship Healthcare Trust Secures New $265 Million Revolving Credit Facility From Fifth Third Bank-Led Consortium
Oct 20, 2022
Flagship Healthcare Trust, Inc. (Flagship REIT), a Charlotte-based outpatient healthcare real estate investment trust, has expanded its syndicated senior revolving credit facility arranged by Fifth Third Bank.
The $265 million senior secured credit facility has a $100 million revolver and a $165 million term loan. Flagship also increased its borrowing capacity by an additional $200 million through an accordion feature.
-
Siena Lending Group LLC Closes $50 Million Credit Facility for MD Helicopters, LLC
Siena Lending Group LLC ("Siena") today announced the completion of a $50 million asset-based revolving line of credit to MD Helicopters, LLC (“MDH”), a manufacturer of high-performance rotorcraft solutions that support operators flying military, commercial, law enforcement, utility, and VIP mission profiles. The proceeds from the facility will be leveraged to partially repay a debtor-in-possession credit facility and for future working capital needs.
-
Singing Machine Company Secures $15.0 Million Senior Secured Financing with Fifth Third Bank
Oct 18, 2022The Singing Machine Company (“Singing Machine” or the “Company”) (NASDAQ: MICS) has entered into an agreement for senior secured financing with Fifth Third Bank, N.A. (“Fifth Third”). Under the agreement (“Fifth Third Facility”), Fifth Third will provide the Company with up to $15.0 million dollars in asset-based lending during the Company’s peak shipping season and reduce to $7.5 million from January 1 to June 30.
-
An Interview with Matthew Bjonerud, Founder and CEO, Cerebro Capital
In this installment of our series of executive interviews, Charlie Perer sits with Matthew Bjonerud of Cerebro Capital to hear his perspective on the state of the debt capital markets, building a new distribution channel, the future of lending and technology, among other things. -
Abby Parsonnet to Lead Nationwide Asset Based Lending and Commercial Services for Webster
Oct 17, 2022Webster Bank is pleased to announce that Abby Parsonnet, is now Executive Managing Director, Head of Asset Based Lending (ABL) for Webster Bank. In her role, she will oversee the nationwide Asset Based Lending and Commercial Services teams at Webster, which also includes Staffing Solutions and Factoring. She reports to Chris Motl, President of Commercial Banking. -
Factoring 101
Factoring is an age-old form of financing providing companies with much-needed cash.
It takes money to make money, as any business owner knows. But many small businesses also know what it’s like to be turned down by a bank for a loan or line of credit, not get as much as they need, or simply not get the cash quickly enough to take advantage of an opportunity.
-
Brazil's Embraer Closes $650 Million Revolving Credit Facility with Global Lenders
Oct 17, 2022
Brazilian planemaker Embraer SA said on Monday it has closed a $650 million revolving credit facility with a group of national and international financial institutions as it looks to reinforce its liquidity for the coming years.
The credit facility was led by PNC Bank, Credit Agricole, Natixis, MUFG and Santander, Embraer said in a statement, adding that it will allow it to regain access to financial resources for three years at pre-negotiated rates, which can be renewed for another two years at the lenders' discretion.
-
Holland & Knight Welcomes Leading Finance Attorney Wade Kennedy in Chicago
Oct 13, 2022Wade Kennedy, a highly-regarded lawyer who focuses on asset-based lending and syndicated financings, has joined Holland & Knight as a partner in the firm's Chicago office. He will be co-chair of the firm's Asset-Based Lending Team along with Christopher Dillon in Atlanta. Mr. Kennedy was previously the head of the asset-based lending group at McGuireWoods LLP.
-
BMO’s Asset-Based Lending Group Served as Sole Lender on a Cross-Border Senior Secured ABL Revolver Facility to Support MiddleGround Capital’s Acquisition of HLC, Inc.
Oct 12, 2022BMO, a leading provider of asset-based finance solutions, closed as Sole Lender on a senior secured credit facility in support of MiddleGround Capital’s acquisition of HLC, Inc. The ABL facility refinanced the Companies’ existing credit facilities, partially financed the acquisition, and will provide working capital financing to the company. With operations in both Canada and the United States, BMO’s cross-border Asset Based Lending team provided a seamless “One Bank” financing solution to the company.
-
Asset-Based Lending: A Primer
Oct 11, 2022Simply put, asset-based lending (ABL) is a way of lending money to companies. Such loans are made by commercial banks and by specialty finance companies, and loan sizes can range from several hundred thousand to many hundreds of millions of dollars. These loan proceeds are used to assist companies in high-growth, distressed, or sometimes even in start-up situations.
-
Karim Habib Joins Accord Financial as Managing Director, Business Development
Oct 11, 2022Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies ("Accord") (TSX: ACD) has expanded their Canadian Asset Based Finance/Factoring senior management team to include Karim Habib as Managing Director, Business Development Ontario and Western Canada. His responsibilities will include expanding Accord’s brand presence as well as developing long-term business growth strategies.
-
Great Rock Capital Adds Senior Originator in Texas Market
Oct 10, 2022Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Bradley Crawford has joined the firm as Managing Director of Originations. Bradley will be based in Texas and is responsible for expanding the firm’s origination efforts throughout Texas, plus the surrounding states of Arkansas, Louisiana, Mississippi, and Oklahoma.
-
Churchill Raises Over $12 Billion for its Senior Lending Program
Churchill Asset Management LLC (“Churchill” or the “Firm”), an investment-specialist of Nuveen, announced today that it has raised over $12 billion in third-party committed capital for the Firm’s most recent senior lending program.
This milestone includes the closings of the Firm’s flagship levered and unlevered senior loan funds, publicly-registered vehicles and separately managed accounts (collectively, the “Funds”). The Funds attracted equity commitments from a diverse group of approximately 150 institutional and high net worth investors globally, including leading public and private pension plans, insurance companies, endowments, foundations and family offices based in North America, Europe, the Middle East and Asia. -
Field Exam in Changing Times: Fundamentals and Best Practices
Oct 7, 2022Jan Tammen of PNC Business Credit discusses some of the lasting changes to the field exam industry brought on by the pandemic.
-
What Does The Second Year of Inflation Tell Us?
Oct 27, 2022
-
Phoenix Lending Survey Results Reveals Inflation is Driving Economic Conditions and Consumer Spending
Oct 27, 2022Phoenix’s Q3 2022 “Lending Climate in America” survey asked lenders to identify that greatest factor driving the softening global economic conditions. The majority of lenders, seventy-five percent, believe inflation is the greatest factor. Seventeen percent of the lenders surveyed believe that global supply chain issues is the greatest factor. Of the lenders surveyed, eight percent believe the war in Ukraine is the greatest factor driving the softening global economic conditions.
-
Citizens Leads $98.7 Million Loan to Houston-based Hanover Company
Oct 26, 2022Citizens announced today that its Commercial Real Estate Finance team led a $98.7 million loan to Houston-based Hanover Company for the construction of a six-story, 309-unit multi-family project in Laguna Niguel, Calif. Citizens is Joint Lead Arranger and Administrative Agent.
-
Gordon Brothers Welcomes Nick Kitchin as Managing Director
Oct 25, 2022
Gordon Brothers, the global advisory, restructuring and investment firm, has welcomed Nick Kitchin as Managing Director.
Based in London, Kitchin is responsible for capital strategy and originating, structuring and executing investment opportunities in the U.K. and Europe. With over 15 years of experience in restructuring, finance, distressed investing, and mergers and acquisitions, he works with the firm’s pan-European clients to develop customized, flexible and rapid solutions across asset classes.
-
RedRidge Announces New Hires
Oct 24, 2022RedRidge announced it has hired Andrew Rodgers as associate director. Rodgers has served private equity and corporate clients, with deal sizes valued up to $500M and has experience leading numerous M&A buy-and sell-side due diligence projects across a variety of industries. Kelsey Mohr has joined RedRidge as associate director. Mohr provides financial due diligence and lender due diligence services at RedRidge. RedRidge also announced Chris DiPietro has joined as a senior associate, based in Connecticut.
-
Runway Growth Capital Announces a Senior Secured Term Loan of $45 Million to Nalu Medical
Oct 24, 2022Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan of $45 million to Nalu Medical, Inc. ("Nalu"), a privately held medical device company focused on innovative and minimally invasive solutions for chronic neuropathic pain.
-
Flagship Healthcare Trust Secures New $265 Million Revolving Credit Facility From Fifth Third Bank-Led Consortium
Oct 20, 2022
Flagship Healthcare Trust, Inc. (Flagship REIT), a Charlotte-based outpatient healthcare real estate investment trust, has expanded its syndicated senior revolving credit facility arranged by Fifth Third Bank.
The $265 million senior secured credit facility has a $100 million revolver and a $165 million term loan. Flagship also increased its borrowing capacity by an additional $200 million through an accordion feature.
-
Siena Lending Group LLC Closes $50 Million Credit Facility for MD Helicopters, LLC
Siena Lending Group LLC ("Siena") today announced the completion of a $50 million asset-based revolving line of credit to MD Helicopters, LLC (“MDH”), a manufacturer of high-performance rotorcraft solutions that support operators flying military, commercial, law enforcement, utility, and VIP mission profiles. The proceeds from the facility will be leveraged to partially repay a debtor-in-possession credit facility and for future working capital needs.
-
Singing Machine Company Secures $15.0 Million Senior Secured Financing with Fifth Third Bank
Oct 18, 2022The Singing Machine Company (“Singing Machine” or the “Company”) (NASDAQ: MICS) has entered into an agreement for senior secured financing with Fifth Third Bank, N.A. (“Fifth Third”). Under the agreement (“Fifth Third Facility”), Fifth Third will provide the Company with up to $15.0 million dollars in asset-based lending during the Company’s peak shipping season and reduce to $7.5 million from January 1 to June 30.
-
An Interview with Matthew Bjonerud, Founder and CEO, Cerebro Capital
In this installment of our series of executive interviews, Charlie Perer sits with Matthew Bjonerud of Cerebro Capital to hear his perspective on the state of the debt capital markets, building a new distribution channel, the future of lending and technology, among other things.
-
Abby Parsonnet to Lead Nationwide Asset Based Lending and Commercial Services for Webster
Oct 17, 2022Webster Bank is pleased to announce that Abby Parsonnet, is now Executive Managing Director, Head of Asset Based Lending (ABL) for Webster Bank. In her role, she will oversee the nationwide Asset Based Lending and Commercial Services teams at Webster, which also includes Staffing Solutions and Factoring. She reports to Chris Motl, President of Commercial Banking.
-
Factoring 101
Factoring is an age-old form of financing providing companies with much-needed cash.
It takes money to make money, as any business owner knows. But many small businesses also know what it’s like to be turned down by a bank for a loan or line of credit, not get as much as they need, or simply not get the cash quickly enough to take advantage of an opportunity.
-
Brazil's Embraer Closes $650 Million Revolving Credit Facility with Global Lenders
Oct 17, 2022
Brazilian planemaker Embraer SA said on Monday it has closed a $650 million revolving credit facility with a group of national and international financial institutions as it looks to reinforce its liquidity for the coming years.
The credit facility was led by PNC Bank, Credit Agricole, Natixis, MUFG and Santander, Embraer said in a statement, adding that it will allow it to regain access to financial resources for three years at pre-negotiated rates, which can be renewed for another two years at the lenders' discretion.
-
Holland & Knight Welcomes Leading Finance Attorney Wade Kennedy in Chicago
Oct 13, 2022Wade Kennedy, a highly-regarded lawyer who focuses on asset-based lending and syndicated financings, has joined Holland & Knight as a partner in the firm's Chicago office. He will be co-chair of the firm's Asset-Based Lending Team along with Christopher Dillon in Atlanta. Mr. Kennedy was previously the head of the asset-based lending group at McGuireWoods LLP.
-
BMO’s Asset-Based Lending Group Served as Sole Lender on a Cross-Border Senior Secured ABL Revolver Facility to Support MiddleGround Capital’s Acquisition of HLC, Inc.
Oct 12, 2022BMO, a leading provider of asset-based finance solutions, closed as Sole Lender on a senior secured credit facility in support of MiddleGround Capital’s acquisition of HLC, Inc. The ABL facility refinanced the Companies’ existing credit facilities, partially financed the acquisition, and will provide working capital financing to the company. With operations in both Canada and the United States, BMO’s cross-border Asset Based Lending team provided a seamless “One Bank” financing solution to the company.
-
Asset-Based Lending: A Primer
Oct 11, 2022Simply put, asset-based lending (ABL) is a way of lending money to companies. Such loans are made by commercial banks and by specialty finance companies, and loan sizes can range from several hundred thousand to many hundreds of millions of dollars. These loan proceeds are used to assist companies in high-growth, distressed, or sometimes even in start-up situations.
-
Karim Habib Joins Accord Financial as Managing Director, Business Development
Oct 11, 2022Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies ("Accord") (TSX: ACD) has expanded their Canadian Asset Based Finance/Factoring senior management team to include Karim Habib as Managing Director, Business Development Ontario and Western Canada. His responsibilities will include expanding Accord’s brand presence as well as developing long-term business growth strategies.
-
Great Rock Capital Adds Senior Originator in Texas Market
Oct 10, 2022Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Bradley Crawford has joined the firm as Managing Director of Originations. Bradley will be based in Texas and is responsible for expanding the firm’s origination efforts throughout Texas, plus the surrounding states of Arkansas, Louisiana, Mississippi, and Oklahoma.
-
Churchill Raises Over $12 Billion for its Senior Lending Program
Churchill Asset Management LLC (“Churchill” or the “Firm”), an investment-specialist of Nuveen, announced today that it has raised over $12 billion in third-party committed capital for the Firm’s most recent senior lending program.
This milestone includes the closings of the Firm’s flagship levered and unlevered senior loan funds, publicly-registered vehicles and separately managed accounts (collectively, the “Funds”). The Funds attracted equity commitments from a diverse group of approximately 150 institutional and high net worth investors globally, including leading public and private pension plans, insurance companies, endowments, foundations and family offices based in North America, Europe, the Middle East and Asia. -
Field Exam in Changing Times: Fundamentals and Best Practices
Oct 7, 2022
Jan Tammen of PNC Business Credit discusses some of the lasting changes to the field exam industry brought on by the pandemic.
-
What Does The Second Year of Inflation Tell Us?
Oct 27, 2022
-
Phoenix Lending Survey Results Reveals Inflation is Driving Economic Conditions and Consumer Spending
Oct 27, 2022Phoenix’s Q3 2022 “Lending Climate in America” survey asked lenders to identify that greatest factor driving the softening global economic conditions. The majority of lenders, seventy-five percent, believe inflation is the greatest factor. Seventeen percent of the lenders surveyed believe that global supply chain issues is the greatest factor. Of the lenders surveyed, eight percent believe the war in Ukraine is the greatest factor driving the softening global economic conditions.
-
Citizens Leads $98.7 Million Loan to Houston-based Hanover Company
Oct 26, 2022Citizens announced today that its Commercial Real Estate Finance team led a $98.7 million loan to Houston-based Hanover Company for the construction of a six-story, 309-unit multi-family project in Laguna Niguel, Calif. Citizens is Joint Lead Arranger and Administrative Agent.
-
Gordon Brothers Welcomes Nick Kitchin as Managing Director
Oct 25, 2022
Gordon Brothers, the global advisory, restructuring and investment firm, has welcomed Nick Kitchin as Managing Director.
Based in London, Kitchin is responsible for capital strategy and originating, structuring and executing investment opportunities in the U.K. and Europe. With over 15 years of experience in restructuring, finance, distressed investing, and mergers and acquisitions, he works with the firm’s pan-European clients to develop customized, flexible and rapid solutions across asset classes.
-
RedRidge Announces New Hires
Oct 24, 2022RedRidge announced it has hired Andrew Rodgers as associate director. Rodgers has served private equity and corporate clients, with deal sizes valued up to $500M and has experience leading numerous M&A buy-and sell-side due diligence projects across a variety of industries. Kelsey Mohr has joined RedRidge as associate director. Mohr provides financial due diligence and lender due diligence services at RedRidge. RedRidge also announced Chris DiPietro has joined as a senior associate, based in Connecticut.
-
Runway Growth Capital Announces a Senior Secured Term Loan of $45 Million to Nalu Medical
Oct 24, 2022Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan of $45 million to Nalu Medical, Inc. ("Nalu"), a privately held medical device company focused on innovative and minimally invasive solutions for chronic neuropathic pain.
-
Flagship Healthcare Trust Secures New $265 Million Revolving Credit Facility From Fifth Third Bank-Led Consortium
Oct 20, 2022
Flagship Healthcare Trust, Inc. (Flagship REIT), a Charlotte-based outpatient healthcare real estate investment trust, has expanded its syndicated senior revolving credit facility arranged by Fifth Third Bank.
The $265 million senior secured credit facility has a $100 million revolver and a $165 million term loan. Flagship also increased its borrowing capacity by an additional $200 million through an accordion feature.
-
Siena Lending Group LLC Closes $50 Million Credit Facility for MD Helicopters, LLC
Siena Lending Group LLC ("Siena") today announced the completion of a $50 million asset-based revolving line of credit to MD Helicopters, LLC (“MDH”), a manufacturer of high-performance rotorcraft solutions that support operators flying military, commercial, law enforcement, utility, and VIP mission profiles. The proceeds from the facility will be leveraged to partially repay a debtor-in-possession credit facility and for future working capital needs.
-
Singing Machine Company Secures $15.0 Million Senior Secured Financing with Fifth Third Bank
Oct 18, 2022The Singing Machine Company (“Singing Machine” or the “Company”) (NASDAQ: MICS) has entered into an agreement for senior secured financing with Fifth Third Bank, N.A. (“Fifth Third”). Under the agreement (“Fifth Third Facility”), Fifth Third will provide the Company with up to $15.0 million dollars in asset-based lending during the Company’s peak shipping season and reduce to $7.5 million from January 1 to June 30.
-
An Interview with Matthew Bjonerud, Founder and CEO, Cerebro Capital
In this installment of our series of executive interviews, Charlie Perer sits with Matthew Bjonerud of Cerebro Capital to hear his perspective on the state of the debt capital markets, building a new distribution channel, the future of lending and technology, among other things.
-
Abby Parsonnet to Lead Nationwide Asset Based Lending and Commercial Services for Webster
Oct 17, 2022Webster Bank is pleased to announce that Abby Parsonnet, is now Executive Managing Director, Head of Asset Based Lending (ABL) for Webster Bank. In her role, she will oversee the nationwide Asset Based Lending and Commercial Services teams at Webster, which also includes Staffing Solutions and Factoring. She reports to Chris Motl, President of Commercial Banking.
-
Factoring 101
Factoring is an age-old form of financing providing companies with much-needed cash.
It takes money to make money, as any business owner knows. But many small businesses also know what it’s like to be turned down by a bank for a loan or line of credit, not get as much as they need, or simply not get the cash quickly enough to take advantage of an opportunity.
-
Brazil's Embraer Closes $650 Million Revolving Credit Facility with Global Lenders
Oct 17, 2022
Brazilian planemaker Embraer SA said on Monday it has closed a $650 million revolving credit facility with a group of national and international financial institutions as it looks to reinforce its liquidity for the coming years.
The credit facility was led by PNC Bank, Credit Agricole, Natixis, MUFG and Santander, Embraer said in a statement, adding that it will allow it to regain access to financial resources for three years at pre-negotiated rates, which can be renewed for another two years at the lenders' discretion.
-
Holland & Knight Welcomes Leading Finance Attorney Wade Kennedy in Chicago
Oct 13, 2022Wade Kennedy, a highly-regarded lawyer who focuses on asset-based lending and syndicated financings, has joined Holland & Knight as a partner in the firm's Chicago office. He will be co-chair of the firm's Asset-Based Lending Team along with Christopher Dillon in Atlanta. Mr. Kennedy was previously the head of the asset-based lending group at McGuireWoods LLP.
-
BMO’s Asset-Based Lending Group Served as Sole Lender on a Cross-Border Senior Secured ABL Revolver Facility to Support MiddleGround Capital’s Acquisition of HLC, Inc.
Oct 12, 2022BMO, a leading provider of asset-based finance solutions, closed as Sole Lender on a senior secured credit facility in support of MiddleGround Capital’s acquisition of HLC, Inc. The ABL facility refinanced the Companies’ existing credit facilities, partially financed the acquisition, and will provide working capital financing to the company. With operations in both Canada and the United States, BMO’s cross-border Asset Based Lending team provided a seamless “One Bank” financing solution to the company.
-
Asset-Based Lending: A Primer
Oct 11, 2022Simply put, asset-based lending (ABL) is a way of lending money to companies. Such loans are made by commercial banks and by specialty finance companies, and loan sizes can range from several hundred thousand to many hundreds of millions of dollars. These loan proceeds are used to assist companies in high-growth, distressed, or sometimes even in start-up situations.
-
Karim Habib Joins Accord Financial as Managing Director, Business Development
Oct 11, 2022Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies ("Accord") (TSX: ACD) has expanded their Canadian Asset Based Finance/Factoring senior management team to include Karim Habib as Managing Director, Business Development Ontario and Western Canada. His responsibilities will include expanding Accord’s brand presence as well as developing long-term business growth strategies.
-
Great Rock Capital Adds Senior Originator in Texas Market
Oct 10, 2022Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Bradley Crawford has joined the firm as Managing Director of Originations. Bradley will be based in Texas and is responsible for expanding the firm’s origination efforts throughout Texas, plus the surrounding states of Arkansas, Louisiana, Mississippi, and Oklahoma.
-
Churchill Raises Over $12 Billion for its Senior Lending Program
Churchill Asset Management LLC (“Churchill” or the “Firm”), an investment-specialist of Nuveen, announced today that it has raised over $12 billion in third-party committed capital for the Firm’s most recent senior lending program.
This milestone includes the closings of the Firm’s flagship levered and unlevered senior loan funds, publicly-registered vehicles and separately managed accounts (collectively, the “Funds”). The Funds attracted equity commitments from a diverse group of approximately 150 institutional and high net worth investors globally, including leading public and private pension plans, insurance companies, endowments, foundations and family offices based in North America, Europe, the Middle East and Asia. -
Field Exam in Changing Times: Fundamentals and Best Practices
Oct 7, 2022
Jan Tammen of PNC Business Credit discusses some of the lasting changes to the field exam industry brought on by the pandemic.