Saba Capital Management and Cox Capital Partners Announce Tender Offers for Blue Owl BDCs
Providing Liquidity Solutions to Retail Investors in Non-Traded BDCs In a move to address the growing liquidity challenges in the BDC market, Saba Capital Management, L.P. and Cox Capital Partners have announced their intention to commence tender offers for shares…
Sunbit Named to Forbes Fintech 50 for Third Consecutive Year
Sunbit Continues to Lead in Consumer Financing with AI-Driven Technology Why are traditional financing options failing to meet the needs of modern consumers? Sunbit, a financial technology company, is addressing this gap by offering fast, transparent, and fee-free financing solutions.…
Ma’aden Re Limited Affirmed with Strong Financial Strength Rating
AM Best Affirms B++ Rating for Ma’aden Re Limited, Highlighting Strong Balance Sheet In the competitive reinsurance market, where financial stability is paramount, how do captive reinsurers maintain their edge? Ma’aden Re Limited (MRE), a captive reinsurer based in the…
Ancient Concludes Partnership with Sotheby’s Financial Services
Ancient Exits Investment in Sotheby’s Financial Services After Successful 5-Year Partnership In the competitive world of art finance, how do companies sustain long-term growth and profitability? Ancient, a long-term investor in unique and enduring businesses, has provided a compelling answer.…
Saluda Grade Expands Asset-Based Finance Platform with New Co-CIO
Saluda Grade Appoints Patrick Lo as Co-CIO to Broaden Investment Capabilities In the rapidly evolving landscape of alternative credit, the question of how firms can diversify and expand their investment strategies is more pressing than ever. Saluda Grade, an alternative…
Yendo Secures $200 Million Funding to Expand Responsible Credit Products
Fintech Company Yendo Gains $200 Million to Scale Credit Card Offerings Why are traditional lenders failing to provide affordable credit to main street consumers? Yendo, a fintech company serving main street consumers, has announced a $200 million funding commitment from…
Apollo Provides $1 Billion Hybrid Capital Solution to Aldar
Investment strengthens Aldar’s capital structure and financial flexibility Apollo today announced that Apollo-managed funds have invested $1 billion in subordinated hybrid notes issued by Aldar Properties PJSC (“Aldar”), a leading UAE-based real estate developer and investment manager. The investment builds…
CIBC Asset Management launches Canadian and U.S. ETFs with Avantis Investors
Partnership with Avantis Investors brings additional systematic investment solutions to Canadian and U.S. investors CIBC Asset Management Inc. today announced the launch of four new Avantis CIBC ETFs to its expanding suite of ETF offerings. Developed in collaboration with Avantis…
BNP Paribas considers public blockchain infrastructure to tokenise money market funds
BNP Paribas explores public blockchain infrastructure for money market fund tokenization BNP Paribas Asset Management has issued a tokenized share class of an existing French-domiciled money market fund, marking a new step in its exploration of fund tokenization using public blockchain…
DBS extends a JPY 8.8 billion social loan to Parkway Life REIT, marking its first such financing for the healthcare sector
Milestone transaction supports healthcare real estate while advancing DBS’s sustainable finance agenda DBS today announced the issuance of its first social loan for the healthcare sector. The 10-year JPY 8.8 billion (SGD 72 million) facility was made to Parkway Life…
Citi Supply Chain Financing Report: Resilient Global Trade in the Era of AI
Citi has launched the latest edition of its Global Perspectives & Solutions (Citi GPS) report titled: Supply Chain Financing – Durable Global Trade in the Age of AI. Its key findings show that global trade is undergoing a fundamental transformation, driven…
Western Alliance Bank Extends $7.5M Asset-Based Credit Facility to OnQ
Western Alliance Bank Supports OnQ With $7.5 Million Asset-Based Line of Credit Western Alliance Bank today announced that OnQ, the leading retail display company, has secured an enhanced credit facility with the bank’s Asset-Based Lending Group. Western Alliance Bank is supporting OnQ…