Search Results for: balance sheet

Ares Management Acquires $3.5 Billion Lender Finance Portfolio from Pacific Western Bank
Investment Services News

Ares Management Acquires $3.5 Billion Lender Finance Portfolio from Pacific Western Bank

Business Wire
by Business Wire0
Ares Management Corporation, a leading global alternative investment manager, announced that certain funds managed by its Alternative Credit strategy have completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. “Our team is an established leader in providing creative and flexible solutions to asset-focused investment opportunities”......
MAXEX Partners with South Street Securities Holdings and Atlas Merchant Capital to Expand Mortgage Market Liquidity
Investment Services Mortgage News

MAXEX Partners with South Street Securities Holdings and Atlas Merchant Capital to Expand Mortgage Market Liquidity

Business Wire
by Business Wire0
MAXEX, LLC (MAXEX), South Street Securities Holdings, Inc. (South Street) and Atlas Merchant Capital, LLC (Atlas) announced a strategic partnership to expand liquidity in the highly fragmented U.S. mortgage secondary market. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development “Recent market volatility emphasized......
PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables
Investment Services News

PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables

PR Newswire
by PR Newswire0
PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which......
Customers Bancorp Acquires $631 Million Loan Portfolio at Discount and Recruits Venture Banking Team
Banking Finance News

Customers Bancorp Acquires $631 Million Loan Portfolio at Discount and Recruits Venture Banking Team

Business Wire
by Business Wire0
Expands Premier National Business Serving Innovation and Technology Companies Customers Bancorp, through its principal subsidiary, Customers Bank, has acquired a $631 million venture banking loan portfolio from the FDIC at approximately 85% of book value. Separate from the loan pool purchase, Customers has successfully recruited 30 team members from the......
Nayms' Marketplace Launches on Ethereum Network, Pioneering a New Era of Insurance Capacity
Blockchain InsurTech News

Nayms’ Marketplace Launches on Ethereum Network, Pioneering a New Era of Insurance Capacity

PR Newswire
by PR Newswire0
Nayms, the leading blockchain-based insurance marketplace, is thrilled to announce the launch of its first fully capitalised insurance program on the Nayms Marketplace. This achievement demonstrates Nayms’ commitment to revolutionising the insurance industry by leveraging smart contracts on the Ethereum network and providing secure, efficient, and fully transparent insurance solutions.......
GTreasury and C2FO Partner to Provide Enhanced Liquidity Management Solutions for Treasurers
Finance News

GTreasury and C2FO Partner to Provide Enhanced Liquidity Management Solutions for Treasurers

PR Newswire
by PR Newswire0
By connecting with C2FO’s network, the partnership will empower GTreasury clients to streamline payables and receivables and optimize cash flow GTreasury, a leading provider of integrated treasury management and risk management systems, announced a strategic partnership with C2FO, the world’s on-demand working capital platform. Together, GTreasury and C2FO are able......
1