Credit

Barings supports Abry's investment in Anju

Barings provided a credit facility to back Abry Partners' investment in Phoenix-based Anju Software, an enterprise life sciences software platform. No financial terms were disclosed. Barings was the agent, joint lead arranger and bookrunner on the financing.

CRG to provide $200 mln debt facility to Harmony

CR Group LP has agreed to provide a $200 million debt facility to Plymouth Meeting, Pennsylvania-based Harmony Biosciences LLC, a biopharmaceutical company. The capital infusion will be used as working capital for Harmony's continued growth. Octagon Capital Group and Katten Muchin Rosenman advised Harmony on the transaction while Cooley advised CRG.

Tetragon raises about $430 mln for third credit income fund

Tetragon has closed its third credit income fund at about $430 million. TCI II focuses on CLO investments.

Monroe Capital backs Southfield's buy of Protos Security

Monroe Capital LLC said March 12 that it provided a loan to support Southfield Capital’s buy of Protos Security and Securitime. Financial terms weren’t announced. Protos, of Roanoke, Virginia, provides tech-enabled, managed security guard services.

JB Capital launches merchant banking fund

JB Capital, a provider of financing solutions to middle-market companies and small corporate borrowers, is seeking to raise at least $100 million for its merchant banking fund. JB Capital will target mid-term investments, focusing on one to three-year terms.

PE-backed REP secures $200 mln loan

Rimrock Energy Partners LLC, which is backed by Energy Spectrum Capital, has secured a $200 million credit facility. BOK Financial was the lead arranger on the financing. Baker Botts LLP served as legal counsel to Rimrock while Thompson & Knight LLP did likewise for BOKF. REP is focused on acquiring, developing and managing midstream energy assets across multiple commodities.

Blackstone's GSO opens offices in San Francisco and Toronto

GSO Capital Partners, Blackstone's global credit platform, has opened new offices in San Francisco and Toronto. The offices are expected to open in the first half of 2019. Ferdinand Niederhofer will lead coverage out of GSO’s San Francisco office while Michael Carruthers will focus on Canada and the Midwest. Also, Bill Hobbs will lead GSO’s efforts in the Southeast and continue to be based out of the firm’s New York office.

Antares co-CEO Brackett to become sole leader after Martin's retirement

David Brackett, co-CEO of Antares, a private credit manager, will become the company's sole leader following the retirement of co-CEO John Martin at the end of April. Both were founding partners of the firm in 1996 and have served as co-CEOs since 2015.

PPM closes eighth CLO at $400 mln

PPM America, an investment management firm, has closed its eighth CLO at $400 million. PPM CLO 2 is managed by PPM Loan Management Company LLC.

WealthEngine secures $6.5 mln from CIBC

CIBC Innovation Banking has provided $6.5 million in financing to WealthEngine. Based in Bethesda, Maryland, WealthEngine is a provider of predictive marketing, analytics and audience development services.