New Ventures

City National Bank Creates Corporate Banking Division, Williams to Lead

City National Bank created a new national corporate banking division. Brent Williams, a senior vice president for City National Bank, will lead the new division. Williams also leads the bank’s L.A. Metro commercial banking business unit. read more

PENTAX Medical Launches Healthcare Technology Finance Program

PENTAX Medical, a provider of diagnostic and therapeutic endoscopy solutions, launched PENTAX Medical Financial Services, a new finance program that offers a way for healthcare providers in the United States to access medical technology. read more

Macquarie Launches Office Technology Leasing Division, Carollo to Lead

Macquarie Group established an office technology leasing division in the United States, building on its experience in leasing IT equipment and its group of leasing businesses globally. Macquarie hired a seven-person team of sales executives to form the core of the new team, which is being led by Fred Carollo, who will serve as vice president. read more

Rinaldi Advisory Services and ECS Partner on CEO Financial Benchmarking Service

Rinaldi Advisory Services and ECS Financial Services have partnered on a CEO financial benchmarking service for small to medium-sized independent equipment finance companies. read more

Otterbourg Names Mason and Maduike Co-Chairs of Lender Finance Practice Group

Otterbourg named Valerie S. Mason and Nneoma A. Maduike co-chairs of the firm’s lender finance practice group. Maduike and Mason are also members of Otterbourg’s finance practice, which encompasses acquisition finance, asset-based lending, structured finance and more. read more

Yieldstreet Adds New Asset Class with Launch of Aviation Fund

Yieldstreet, an alternative investing platform, launched an aviation fund, which will seek to provide investors exposure to the potential global recovery in aviation. read more

Capsa Healthcare Capital Expands Acute Care Finance Program

Capsa Healthcare’s financing arm, Capsa Healthcare Capital, expanded its equipment and technology finance options for acute care providers. read more

CHG-MERIDIAN Introduces Carbon-Neutral IT Leasing

CHG-MERIDIAN is launching carbonZER0, its first green financing option. This new option will enable companies to make carbon-neutral IT investments by offsetting the carbon emissions that are generated during the production, transportation, use and end-of-lease phase of IT assets. read more

Ares and Industry Veterans Launch Vmo Aircraft Leasing

Ares Management and aviation industry veterans Bob Brown, Sean Sullivan and Will Hudson launched Vmo Aircraft Leasing, a company to acquire and lease commercial aircraft. read more

Former TIAA Bank CIO Launches Consulting Firm for the Digital Economy

Denis Stypulkoski, former commercial information officer for TIAA Bank, launched Reimagine Advisors, a consulting firm designed to help organizations compete in the digital economy. read more

CSI Leasing Expands to India, Thapar to Serve as Chief Country Officer

CSI Leasing expanded its Asia-Pacific operations to India. Simi Thapar will serve as chief country officer of CSI Renting India. Thapar joined CSI with more than two decades of experience in the equipment leasing industry, including time with Tata Capital Financial Services. read more

Slipka and Huston Launch New Capital Finance Company

Brian Slipka, the former senior vice president and head of TCF Technology Finance at TCF Capital Solutions/Winthrop Resources, along with Shea Huston, former regional vice president of the central and western U.S. for Winthrop, launched Honour Capital. read more

Ryder Launches $50MM Corporate Venture Capital Fund

Ryder launched RyderVentures, a new corporate venture capital fund to invest in and partner with startup companies that are developing new technologies and business models that deliver advancements and automation in the logistics and transportation industries. read more

Encina Launches Lender Finance Platform, Graham and Thomas to Lead

Encina Capital Partners launched Encina Lender Finance, a new independent lender finance platform targeting commercial and consumer specialty finance companies in the U.S. and Canada. Luke Graham and John Thomas will lead the new platform. read more

PIMCO and GECAS Create $3B Aviation Leasing Investment Platform

PIMCO, a fixed income investment manager, and GE Capital Aviation Services reached a preliminary agreement to develop an aviation leasing platform to support up to $3 billion in aircraft asset financings. read more

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