Search Results for: credit commitments

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”......
Kennedy Wilson Acquires First Tranche of $5.7 Billion Loan Portfolio From Pacific Western Bank
debt collection Investment Services News

Kennedy Wilson Acquires First Tranche of $5.7 Billion Loan Portfolio From Pacific Western Bank

Business Wire
by Business Wire0
Off-market transaction will expand Kennedy Wilson’s national footprint and debt investment platform by initially adding over $2 billion to fee-bearing capital Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson has closed on the initial tranche of loans as......
GTCR Closes $11.5 Billion Fund XIV
Fintech Funding News

GTCR Closes $11.5 Billion Fund XIV

PR Newswire
by PR Newswire0
Fund to Support Management in Executing Upon Growth and Transformation GTCR, a leading private equity firm, announced the closing of GTCR Fund XIV (“Fund XIV” or the “Fund”), with aggregate commitments of $11.5 billion. The Fund, which had an initial target of $9.25 billion, reached its hard cap. The Fund includes......
QED Investors Closes Nearly $1 Billion in New Funds
Fintech Fintech Funding News

QED Investors Closes Nearly $1 Billion in New Funds

Business Wire
by Business Wire0
Fund VIII will Invest in Early Stage Businesses; Growth II for Later-Stage Fintechs Leading global fintech venture capital firm QED Investors announced that it has closed two new funds with combined capital commitments of $925 million. The new capital commitments comprise Fund VIII, an oversubscribed $650 million early stage fund,......
doxo Introduces doxoINSIGHTS Explorer Providing Bill Payment Statistics For Every State, County and City in the Country
Digital Payments News

doxo Introduces doxoINSIGHTS Explorer Providing Bill Payment Statistics For Every State, County and City in the Country

Business Wire
by Business Wire0
doxo’s new online data resource provides bill spending, economic benchmarks, and market size data down to the hyper-local level, offering economic transparency never before available doxo, the innovative web and mobile bill pay service, announced the launch of doxoINSIGHTS Explorer, the first-ever online data tool that uncovers household bill pay......
Astra and Fortress Trust Partner to Provide Secure, Real-Time Payments for Web3
Blockchain Digital Payments News

Astra and Fortress Trust Partner to Provide Secure, Real-Time Payments for Web3

Business Wire
by Business Wire0
Astra, a leading provider of infrastructure for faster payments, announced a partnership with Fortress Trust, a leading custodial trust company in the blockchain infrastructure space, to bring enhanced security and real-time settlement to new use cases within financial technology. By combining their respective best-in-class solutions, the two companies offer customers a......
Ares Strategic Income Fund Launches with $1.5 Billion of Investible Capital
Lending News

Ares Strategic Income Fund Launches with $1.5 Billion of Investible Capital

Business Wire
by Business Wire0
Non-Traded Business Development Company Expands Ares’ Leading Private Credit Platform Through New Offering Targeting Retail Investors Ares Management Corporation, a leading global alternative investment manager, announced the launch of Ares Strategic Income Fund, a perpetual capital, continuously offered, non-traded business development company, which seeks to primarily invest in directly originated,......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Banxa and BitMart Partner for Seamless Fiat-to-Crypto Onboarding
Cryptocurrency Digital Asset Management News

Banxa and BitMart Partner for Seamless Fiat-to-Crypto Onboarding

Business Wire
by Business Wire0
Integration to advance global cryptocurrency adoption in rapidly growing markets BANXA Holdings Inc., the leading on-and-off ramp solution for Web3, announced a strategic partnership with BitMart, the premium global digital asset exchange. The collaboration will unlock fiat-to-crypto on-and-off-ramping and further advance cryptocurrency adoption in vital markets such as Asia-Pacific (APAC)......
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