Search Results for: credit commitments

Apollo and Mubadala Investment Company Expand Partnership to Capitalize on Global Origination Opportunities
Investment Services News

Apollo and Mubadala Investment Company Expand Partnership to Capitalize on Global Origination Opportunities

Fintech News Desk
by Fintech News Desk0
Platform Strengthens Apollo’s Origination Capability Across Asset Classes, Geographies and Industry Verticals, which Helps Make Apollo a Private Financing Partner of Choice Apollo and Mubadala Investment Company announced the expansion of their global partnership, which currently includes a number of strategic initiatives across Apollo’s integrated platform. The expansion of the......
M&T Bank Corporation and People's United Financial, Inc. Extend Merger Agreement
Banking News

M&T Bank Corporation and People’s United Financial, Inc. Extend Merger Agreement

Fintech News Desk
by Fintech News Desk0
M&T Bank Corporation (“M&T”) and People’s United Financial, Inc. (“People’s United”) jointly announced that the two companies have agreed to extend their merger agreement from February 21, 2022 to June 1, 2022. Latest Fintech Insights : New Shelter Opening in New Orleans Helped by $750K from Fifth District Savings Bank and FHLB Dallas......
Crescent Capital Group Closes Third US Direct Lending Fund, Raising $6 Billion in Investable Capital
Investment Services Lending News

Crescent Capital Group Closes Third US Direct Lending Fund, Raising $6 Billion in Investable Capital

Fintech News Desk
by Fintech News Desk0
Exceeds Target by Over $1 Billion, More Than Double the Size of Predecessor Fund Crescent Capital Group LP, a leading alternative credit investment firm, announced the successful final close of its third direct lending fund, Crescent Direct Lending Fund III (“CDL Fund III”), raising $6 billion in investable capital including......
Bank Of America Community Development Banking Provides Record $6.6 Billion in Lending and Investing in 2021
Banking News

Bank Of America Community Development Banking Provides Record $6.6 Billion in Lending and Investing in 2021

Fintech News Desk
by Fintech News Desk0
Five Consecutive Record Years of Financing, Representing a Total of $26.6 Billion and 60,000 Affordable Housing Units in Communities Across the Country Bank of America Community Development Banking (CDB) provided $6.6 billion in loans, tax credit equity investments, and other real estate development solutions in 2021, surpassing a previous record of $5.9 billion in......
Barings Announces $53.5M Financing For 3368 Washington
Finance News

Barings Announces $53.5M Financing For 3368 Washington

Fintech News Desk
by Fintech News Desk0
Biggest Affordable Housing Development in Boston for Individuals Moving Out of Homelessness Barings, one of the world’s leading investment managers, announced that it has provided $53.5M in loan commitments to finance the development of 3368 Washington, an affordable multifamily housing development in Boston, MA.  Upon completion, the nearly 1 acre development will cater......
Earthstone Energy, Inc. ("Earthstone" or the "Company") announced that it has entered into an agreement (the "Agreement")
Fintech News

Earthstone Energy Announces Midland Basin Asset Acquisition For ~$860 Million

Fintech News Desk
by Fintech News Desk0
– Accretive acquisition within existing Earthstone footprint increases size and scale – Acquisition funded in part with proceeds of $280 million private placement of equity – Previously announced Chisholm Acquisition expected to close in mid-February 2022 Earthstone Energy, Inc. (“Earthstone” or the “Company”) announced that it has entered into an......
Circle Names Tech Industry Veteran Sherice Torres as CMO
Finance News

Circle Names Tech Industry Veteran Sherice Torres as Chief Marketing Officer

Fintech News Desk
by Fintech News Desk0
Circle Internet Financial, LLC, a global internet finance firm that provides payments and financial infrastructure to businesses of all sizes, is pleased to announce Sherice Torres is joining as Chief Marketing Officer. A respected and well-known professional in the technology industry, Ms. Torres brings 25 years of experience helping cutting edge brands......
New York Community Bancorp, INC. Announces $28 Billion Community Benefits Agreement With NCRC
Banking Investment Services News

New York Community Bancorp, INC. Announces $28 Billion Community Benefits Agreement With NCRC

Fintech News Desk
by Fintech News Desk0
New York Community Bancorp, Inc.(the “Company” or “NYCB”) and the National Community Reinvestment Coalition (“NCRC”) announced the Company’s commitment to provide $28 billion in loans, investments, and other financial support to communities and people of color, low- and moderate-income (“LMI”) families and communities, and small businesses. Latest Fintech Insights: BlockFi Selects Bermuda......
EPA Recognizes PNC Bank for Leading Green Power Use
Banking Fintech News

EPA Recognizes PNC Bank for Leading Green Power Use

Fintech News Desk
by Fintech News Desk0
PNC Bank, National Association, is pleased to announce its membership to the U.S. Environmental Protection Agency’s Green Power Partnership. Latest Fintech Insights: GBank Financial Holdings Inc. Announces Quarterly Operating Earnings By choosing green power, PNC Bank is helping advance the voluntary market for green power and development of those sources; and......
Principal Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital
Lending News

Principal Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital

Fintech News Desk
by Fintech News Desk0
Principal Global Investors, through its direct lending business, Principal Alternative Credit, closed out 2021 with a more than eight-fold increase in committed capital, advancing its plans to expand its private debt capabilities. Marking the completion of its first full year in the direct lending market, Principal Alternative Credit closed on......
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