New Ventures

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

MUFG to Launch Capital Markets Strategy Group, Joyce to Lead

Mitsubishi UFJ Financial Group will launch a capital markets strategy group. Tom Joyce, who joined MUFG from Deutsche Bank, will lead the new group. read more

Hunter Street Partners Acquires All-Star, Launches Equipment Rental Investment Platform

Hunter Street Partners has launched a scalable platform to invest in equipment rental companies. Hunter Street has acquired All-Star Equipment Rental of Naples, FL and will work closely with the company's management team to evaluate other opportunities for expansion in the region. read more

Mack Trucks to Open Orders for Mack LR Electric in Q4/20

Mack Trucks plans to commercialize the Mack LR Electric, its revolutionary refuse model equipped with a fully electric integrated Mack drivetrain. Orders for the Mack LR Electric will open in Q4 2020, with deliveries beginning in 2021. read more

Truist Unveils Venture Capital Division, Vreeland to Lead

Truist Financial launched Truist Ventures, a corporate venture capital division, and appointed Vanessa Indriolo Vreeland, an executive with more than 20 years of private equity, venture capital and banking experience, to lead the new venture. read more

Old Point National Bank Opens Commercial Lending Office in Richmond, VA

Old Point National Bank opened its first commercial lending office in the Richmond, VA, area, with Philip Hager and Linnett Fortner leading the new team. read more

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