Amalgamated Capital Backs Pegasus Capital's Carol's Daughter

Amalgamated Capital, the New York-based leveraged finance division of Amalgamated Bank, has provided a $5 million senior secured revolving credit facility to Carol's Daughter. Manhattan-based Carol's Daughter develops and distributes hair and beauty products through wholesale, retail and ecommerce channels. The business is a portfolio company of Pegasus Capital Advisors.

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