Castlelake, an alternative investment manager, fully repaid Castlelake Aircraft Securitization Trust 2015-1R, an aircraft-backed securitization originally issued by Castlelake in 2015 and refinanced in 2019. read more
MAR 1, 2023 - 7:15 am
The Forbes Finance Council, an invitation-only community for financial services leaders, accepted John-Paul Smolenski, president and CEO of MMP Capital. read more
MAR 1, 2023 - 7:13 am
Alan Mangels joined Aviation Capital Group as vice president of marketing. Mangels was previously with CDB Aviation and also spent multiple years at Rolls-Royce and Airbus. Mangels will be responsible for covering the North American region. read more
MAR 1, 2023 - 7:11 am
Aircastle closed on a new $300 million unsecured revolving credit facility with Mizuho Bank. The facility has a term of up to two years. read more
MAR 1, 2023 - 7:09 am
Ashland Place Finance, a commercial aviation financing platform, completed a new financing facility for three B737-800s for Royal Aero GmbH and Aquila Air Capital. read more
MAR 1, 2023 - 7:07 am
According to ACT Research, supply chain concerns still linger, with some manufacturers sharing that they see no short-term improvement in sight. Most trailer makers expect demand to continue exceeding capacity through the end of 2023. read more
MAR 1, 2023 - 7:04 am
MassMutual plans to transition MassMutual Asset Finance and its direct private investments division, which provides fund financing, to Barings, an investment manager and subsidiary of MassMutual. read more
FEB 28, 2023 - 7:28 am
According to the Equipment Leasing and Finance Association, construction, machine tools, medical, trucks/trailers and high technology/computers will be the leading equipment sectors for 2023 based on portfolio performance. read more
FEB 28, 2023 - 7:26 am
David L. Starling, a board member of The Greenbrier Companies, passed away at the age of 73. Starling served on Greenbrier's board since 2017 and was recently reelected to a three-year term. read more
FEB 28, 2023 - 7:24 am
Equity Bancshares, the Wichita, KS-based holding company of Equity Bank, promoted several individuals to new leadership positions within the company, following board approval in January. read more
FEB 28, 2023 - 7:22 am
Utah Business recognized Remington Atwood, CFO of Onset Financial, on its annual 40 Under 40 list. read more
FEB 28, 2023 - 7:20 am
Ritchie Bros. sold more than 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value. read more
FEB 28, 2023 - 7:19 am
MidCap Financial completed an acquisition of a significant portion of Sector Financial’s managed healthcare asset-based lending portfolio, totaling more than $500 million in commitments and more than $300 million in funded assets. read more
FEB 28, 2023 - 7:17 am
DoubleCheck Solutions, a financial technology company, named Jon Weisblatt its new vice president of corporate and business development. Weisblatt is the former CEO of UpgradeUSA, a financial technology company focused on equipment leasing. read more
FEB 28, 2023 - 7:14 am
36th Street Capital Partners appointed Cecile Latouche chief risk officer. Latouche brings more than 15 years of equipment finance experience to the position, including prior senior risk officer roles. read more
FEB 27, 2023 - 7:07 am