News

Houlihan Lokey Adds to Capital Markets Team by Hiring Hommeyer

Michael Hommeyer joined Houlihan Lokey as a managing director in its capital markets group. Hommeyer will spearhead a new syndicate function that focuses on expanding the firm’s investor coverage and distribution capabilities in U.S. private credit placements. read more

Hilco Global Hires Maletsky as EVP and General Counsel

Hilco Global hired Richard Maletsky as executive vice president and general counsel. Maletsky previously worked for Newmark Group, a commercial real estate services firm, as executive vice president and general counsel of the Newmark Operating Companies. read more

Pinnacle Financial Partners Enters Aviation Finance Space with Addition to Equipment Finance Team

Craig Hannon joined Pinnacle Financial Partners’ equipment finance team to lead the company’s growth in the aviation finance sector. Hannon has worked in the aviation finance space since 1999 and most recently served as the head of originations at Truist Bank. read more

Bank of America Hires Harmon as SVP and Senior Leasing Specialist

Bank of America hired Robin Harmon as senior vice president and senior leasing specialist, according to a LinkedIn post from Harmon. Harmon was previously vice president of equipment finance at Hancock Whitney. read more

Hilco Global Names Kaup and Nortman Co-Chief Commercial Officers

Hilco Global appointed Eric Kaup and Ben Nortman, two of its leaders with more than 20 years at the firm, to the newly created positions of co-chief commercial officers. They will provide strategic and business development leadership at the holding company level. read more

Gibraltar Equipment Finance Extends $1.75MM to Sponsor-Backed Electric Services Company

Gibraltar Equipment Finance closed a $1.75 million equipment lease to support an electric utility infrastructure services company. The new capital equipment facility will support the company’s recent geographical footprint expansion. read more

Daimler Truck Financial Services Partners with Romanian Leasing Company

Daimler Truck Financial Services launched a partnership with Raiffeisen Leasing, a financial service provider in Romania offering financing and leasing to Romanian truck and bus customers. read more

Citi and LuminArx Capital Announce the Launch of Private Lending Vehicle

Citi and LuminArx Capital announced the launch of Cinergy, a financing vehicle in the private lending market. Launched by LuminArx Capital, Cinergy will offer a range of private credit solutions to companies, including Citi’s global client base. read more

Golub Capital Hires Picard as Co-Head of Global Institutional Sales

Golub Capital hired Andrea Picard as co-head of global institutional sales. Picard has more than 30 years of industry experience and is joining the firm after more than a decade in institutional sales leadership roles at BlackRock. read more

ACT Research: Freight Cycle Poised to Enter New Stage in 2024

U.S. freight cycle fundamentals will improve in 2024, according to the latest release of ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report. read more

MUFG Says Soft Landing is ‘Increasingly Plausible’ in 2024 Economic Outlook

According to Mitsubishi UFJ Financial Group (MUFG)’s 2024 economic outlook, a so-called U.S. 'soft landing' seems increasingly plausible, although MUFG’s economists are still looking for a cyclical slowdown. read more

MMP Capital Sets Company Record with More Than $358MM in Originations in 2023

MMP Capital reported that it recorded $44 million in originations in December and $110 million in Q4/23 alone, leading to a company-record of more than $358 million in originations in 2023. read more

Phoenix Management’s Lending Survey Reveals Credit Ratings Declined for Most Lenders in Q4/23

According to Phoenix Management’s Q4/23 “Lending Climate in America” survey, Overall, a majority of lenders (83%) signified a decline in credit ratings from Q3/23 to Q4/23, with 67% of lenders indicating a slight decline and 17% indicating a more-than-slight decline. read more

Odessa Hires Nippak as SVP of Sales for North America

Odessa hired Steve Nippak as senior vice president of sales for North America, according to Nippak’s LinkedIn profile. Nippak was previously executive vice president of sales and country manager for Canada and Europe at UPTIQ from 2021 to 2024. read more

Pathward Hires Osborn as Senior Managing Director of Working Capital

Pathward hired Andrew Osborn as senior managing director of working capital, according to a LinkedIn post from Osborn. Osborn previously spent five years as executive vice president and director of sales at ENGS Commercial Capital (not part of Mitsubishi HC Capital America. read more

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