LLCP Closes Oversubscribed Fund VII With Over $3.6 Billion of Capital Commitments
Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced the final closing of LLCP Fund VII (“Fund VII”) with total capital commitments of over $3.6 billion, materially exceeding its target. The fund was significantly oversubscribed despite one…
WSFS Names Frank McGrane, Executive Vice President, Chief Credit Officer
WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), has named Frank McGrane as Executive Vice President, Chief Credit Officer (CCO). He will report to Christine Davis, Executive Vice President, Chief Risk Officer. Frank McGrane’s responsibilities as CCO…
Wells Fargo Boosts Chicago Technology Banking Team with Investment in Talent
Wells Fargo Technology Banking has expanded its Chicago-based team with two key hires, reinforcing the bank’s long-term commitment to innovation and growth in commercial banking for the tech sector. This expansion represents the largest investment in talent since the group’s inception 25 years…
ParaScript Launches New AI-Powered Check Stock Verification Solution
ParaScript, an AI-powered document processing company, today announced the launch of a new check stock verification solution, CheckStock.AI®, an enhancement of the company’s current check fraud detection capabilities. The AI-powered technology uses a combination of image analysis and pattern recognition to…
Partners Group opens office in Miami
Partners Group, one of the largest firms in the global private markets industry, has expanded its presence in the Americas with the opening of an office in Miami, Florida. The Miami office will serve as a hub for Partners Group’s…
New Mountain Finance Schedules Q2 2025 Earnings Report and Investor Call
New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended June 30, 2025, on Monday, August 4, 2025, after markets close. The Company will host an…
Independent Bank Corp.’s Announcement of Date of Second Quarter Conference Call
Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, will host its quarterly conference call to discuss second quarter results on Friday, July 18, 2025, at 10:00 AM Eastern Time. Telephonic access will be available by…
Enterprise Financial Services Corp to Report Q2 2025 Results, Hold Earnings Call
Enterprise Financial Services Corp (Nasdaq: EFSC) (“the Company” or “EFSC”) will release its second quarter 2025 financial results on Monday, July 28, 2025. The Company will host a conference call and webcast at 10:00 a.m. CT on Tuesday, July 29,…
KBRA Assigns Ratings to USCB Financial Holdings, Inc.
KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to USCB Financial Holdings, Inc. (NASDAQ: USCB)(“the company”). Additionally, KBRA assigns deposit and senior unsecured debt ratings of…
Piraeus Recognised as Greece’s Best Performing Bank in The Banker’s 2025 Rankings
Piraeus (ATHEX: TPEIR) (OTCQX:BPIRY) has been recognised as Greece’s Best Performing Bank in The Banker’s 2025 Top 1000 World Banks rankings, the globally respected benchmark of banking strength published annually by the Financial Times. Piraeus secured the top spot in Greece for…
Dunmor Launches Wholesale Broker Division, Appoints Zeenat Zonte as EVP
Dunmor, a leading nationwide direct lender in residential transition loans unveils the official launch of its Wholesale Broker Division—marking a significant step forward in its strategic growth initiative. This new division aims to empower wholesale mortgage brokers by offering them…
S&P Dow Jones Indices Announces Update to S&P Composite 1500 Market Cap Guidelines
S&P Dow Jones Indices (“S&P DJI”) is updating the market capitalization eligibility criteria for additions to the S&P Composite 1500 Indices. Effective July 1, 2025, the size ranges will be updated as follows: Previous Market Capitalization Eligibility Criteria Updated Market Capitalization Eligibility Criteria Unadjusted company…