Private Equity
New York City-based CBAM, an investment management firm, has closed its $1 billion collateralized loan obligation in which Credit Suisse was the lead arranger. CBAM is a portfolio company of Eldridge Industries.
1 min read · 29 March 2018
Kian Capital, a provider of equity financing and debt, has named David Duke as a managing director and David Hare as an associate. Previously, Duke was the director of business development at Edgewater Capital Partners while Hare was an analyst in the investment banking group at SunTrust Robinson Humphrey.
3 min read · 29 March 2018
Allianz Global Investors and StepStone Group LP have formed AC Loan Sourcing, a lender to U.S. middle-market companies. Citizens Bank will work with AC Loan Sourcing on providing loans.
4 min read · 29 March 2018
Antares Capital has provided a $73.5 million senior secured credit facility to support The Gores Group's recapitalization of TurbineAero. Based in Chandler, Arizona, TurbineAero is a aerospace component maintenance, repair and overhaul service provider focused on auxiliary power units and related products.
3 min read · 27 March 2018
Law firm Mayer Brown has added Matthew D. O’Meara to its Chicago office as a partner in the banking and finance practice. O'Meara will serve as head of the firm's global private credit group. Previously, he was a partner at Jones Day.
2 min read · 26 March 2018
Capital One has provided a $100 million credit facility to MRCC Senior Loan Fund I, a joint venture between Monroe Capital Corp and NLV Financial Corp, the parent company of National Life Insurance Company. The five-year secured line of credit can expand up to $250 million.
4 min read · 26 March 2018
GoldenTree has closed its first European collateralized loan obligation at 405 million euros. Citigroup arranged the CLO as the structuring lead while Barclays and Morgan Stanley were co-leads. Goldman Sachs and Wells Fargo Securities were the placement agents.
2 min read · 23 March 2018
Golub Capital has provided a debt facility to back GI Partners' acquisition of Togetherwork, a New York City-based provider of group management software and payments. No financial terms were disclosed.
3 min read · 22 March 2018
Comvest Credit Partners has provided a $169.5 million senior secured credit facility to American Physician Partners, a provider of an emergency department management platform and hospital staffing services, to hospitals. Goldman Sachs Specialty Lending Group was the administrative agent for the financing. APP is backed by BBH Capital Partners.
2 min read · 22 March 2018
Maranon Capital has provided a senior credit facility to back Kainos Capital's recapitalization of Green Bay, Wisconsin-based Bonewerks, a provider of sauce products. No financial terms were disclosed.
2 min read · 21 March 2018
