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Atalaya Leasing Hires Coons as Head of Sales

David Coons joined Atalaya Leasing, the equipment leasing focused investment strategy of Atalaya Capital Management, as head of sales. In this role, Coons will be responsible for overseeing and expanding Atalaya’s direct and indirect sales teams within the equipment financing space. read more

GA Telesis and Tokyo Century Launch HALO AirFinance

GA Telesis and Tokyo Century launched a new joint venture lending platform, HALO AirFinance, which will serve as the exclusive debt origination channel for GA Telesis and Tokyo Century. read more

Chapter 11 Bankruptcy Filings Increase 83% Y/Y in February

New bankruptcy filings in February registered double-digit year-over-year increases across all major U.S. filing categories, according to data provided by Epiq Bankruptcy, including an 83% increase in Chapter 11 filings. read more

PEAC Solutions Partners with Bepensa Capital to Expand Financing in Mexico

PEAC Solutions, a multinational asset and vendor finance platform, and Bepensa Capital, the holding company of FinBe ABC, an independent financing company in Mexico, entered a partnership to provide financing solutions in Mexico. read more

Navitas Credit Promotes Bruman to CEO

United Community Banks promoted Mike Bruman to CEO of its subsidiary, Navitas Credit. Bruman is succeeding Navitas founder and CEO Gary Shivers, who officially retired on Feb. 28. read more

MassMutual to Transition Equipment Finance Business to Barings

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

ELFA Forecasts Construction & Machine Tools to Lead Equipment Sectors in 2023

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

36th Street Capital Appoints Latouche Chief Risk Officer

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

ELFA Announces Agenda for 2023 Women’s Leadership Forum 

The Equipment Leasing and Finance Association announced the agenda for the 2023 ELFA Women’s Leadership Forum, which will be held April 3 to April 4 at the Palmer House Hilton in Chicago. read more

Signature Bank Announces Leadership Transition Plans

Joseph J. DePaolo, president and CEO of Signature Bank, plans to transition into a senior advisor role during 2023. Eric R. Howell will succeed DePaolo as president, effective March 1, and eventually succeed as CEO once DePaolo gradually completes his transition. read more

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