Credit

Sterling Group targets $400m for second credit fund

Sterling Group is seeking to raise $400 million for its second credit fund, according to an SEC filing.

Apollo raises $2.34bn for fourth dislocated credit fund

Apollo Global Management has closed its fourth dislocated credit fund at about $2.34 billion.

Post Road Group provides $25m loan to Compute North

Compute North, a provider of computing infrastructure and cryptocurrency mining, has secured $25 million in debt finding.

CIBC provides $33m facility to JMI-backed Bloomerang

CIBC Innovation Banking, an affiliate of Canadian bank CIBC, has provided a $33 million facility to Indianapolis-based Bloomerang for growth and acquisitions.

Bain Capital Specialty Finance forms JV with Pantheon's credit business

Bain Capital Specialty Finance Inc formed a joint venture with Pantheon's credit business to provide direct lending solutions to middle market borrowers primarily across Europe and Australia.

Bardin Hill wraps up credit fund at about $600m

Bardin Hill Investment Partners has closed its opportunistic credit fund at about $600 million.

FirePower Capital provides credit facility to sMedia Ventures

FirePower Capital, a Canadian private capital and M&A advisory firm, has provided a term credit facility of C$3.5 million to sMedia Ventures.

Carlyle leads debt funding of Hg's investment in Prophix

Carlyle Group's global credit platform led and structured a debt financing package to support Hg Capital's previously announced majority investment in Prophix Software.

Cap Hill Brands secure credit facility from VPC

Victory Park Capital has provided a credit facility to Cap Hill Brands, a technology-driven consumer goods platform that acquires and operates e-commerce brands with an initial focus on Amazon-first brands.

Horizon Global Corp secures $225m loan from Atlantic Park

Atlantic Park has provided a $225 term loan facility to Plymouth, Michigan-based Horizon Global Corporation, a maker of branded towing and trailering equipment.