Tag : Direct Lending

ACRE and Project Destined Launch Bridge Program to Introduce Underserved Communities to Careers
Fintech Lending News

ACRE and Project Destined Launch Bridge Program to Introduce Underserved Communities to Careers

Business Wire
by Business Wire061
Program to offer scholarships for students educational exposure to debt business and the opportunity to network with ACRE executives ACRE, a global real estate private equity firm, and its partner Project Destined, a social impact platform that provides students in underserved communities with training in financial literacy, entrepreneurship and real......
Comvest Credit Partners Announces Investment in The JG Wentworth Company
Finance Investment Services News

Comvest Credit Partners Announces Investment in The JG Wentworth Company

Fintech News Desk
by Fintech News Desk0132
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent on a $30 million senior secured credit facility to The JG Wentworth Company, LLC, a leading provider of consumer financial services. The Financing was used......
Former Credit Suisse and Bladex Execs Announce ArtCap Strategies' First Private Credit Fund for Latin America and Caribbean
Lending News

Former Credit Suisse and Bladex Execs Announce ArtCap Strategies’ First Private Credit Fund for Latin America and Caribbean

Fintech News Desk
by Fintech News Desk0108
ArtCap Strategies (“ArtCap”) is a fund specialized in direct lending throughout Latin America and the Caribbean. ArtCap seeks to generate a balanced risk/return profile through focused origination, strong collateral and covenant packages, attractive transaction economics, and active portfolio management. ArtCap stands for “Artisanal Capital”, a way of providing tailor-made financial......
Principal Doubles Direct Lending Committed Capital In 2022
Lending News

Principal Doubles Direct Lending Committed Capital In 2022

Fintech News Desk
by Fintech News Desk0200
Principal Asset Management doubled its direct lending committed capital in 2022, increasing its foothold in the middle market. The direct lending team, now in its third year of business, has closed on 85 transactions since inception, representing $1.6 billion of committed capital. “The Best Places to Work in Money Management” “Current market......
Vista Credit Partners Expands Direct Lending Business with New Appointment
Investment Services Lending News

Vista Credit Partners Expands Direct Lending Business with New Appointment

Fintech News Desk
by Fintech News Desk0109
Greg Galligan joins as Senior Managing Director, Vista Credit Partners Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, announced the appointment of Greg Galligan as Senior Managing Director at Vista Credit Partners. Mr. Galligan will be responsible for managing the direct......
Stellus Capital Management Announces Key Hires
Banking News

Stellus Capital Management Announces Key Hires

Fintech News Desk
by Fintech News Desk0262
Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced the hiring of Bill Haverland as Principal and Casey Carroll as Vice President, Investor Relations. Latest Fintech News: VCTI Introduces Broadband Infrastructure Investment Analytics for Private Equity Firms “With their many years of credit, private equity and investment......
Keybank and Beach Point Capital Management Launch $1.5 Billion Middle Market Direct Lending Program
Lending News

KeyBank and Beach Point Capital Management Launch $1.5 Billion Middle Market Direct Lending Program

Fintech News Desk
by Fintech News Desk0216
KeyBank Beach Point Direct Lending Program will combine complimentary sourcing, underwriting and structuring capabilities for middle market borrowers KeyBank and Beach Point Capital Management, a credit focused investment manager, announced that they have established a new joint venture middle market direct lending program with $1.5 billion in lending capacity for......
Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital
Fintech Funding Lending News

Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital

Fintech News Desk
by Fintech News Desk0336
Freeport Financial Partners, LLC, a U.S. lower middle market direct lending manager, announced the successful final close of its fifth direct lending fund, Freeport First Lien Loan Fund V, raising $1.5 billion in investable capital including targeted leverage and separately managed accounts investing alongside the fund. Fund V was oversubscribed,......
Allegro Clients To Benefit From Enhanced Credit Decisioning With Scienaptic AI
Lending News

Allegro Clients To Benefit From Enhanced Credit Decisioning With Scienaptic AI

Fintech News Desk
by Fintech News Desk0242
Scienaptic announces strategic partnership with Integrated Lending Technologies, the creator of Allegro™ Lending Suite, to expand credit availability for its clients Scienaptic AI, a leading global AI-powered credit decision platform provider, announced that Utah-based Integrated Lending Technologies (ILT) has partnered with Scienaptic AI and chosen its platform to boost credit decisions......
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 Desk0223
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......
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