Lenders

A banking crisis coupled with a hike in interest rates has significantly altered the rules of engagement for capital call facilities.

The bank will focus on capital call lines and GP financing for mid-market funds

The two, both on the board of the Fund Finance Association, have been consulting on the carve-out, purchase and rebranding of TIAA Bank.

New origination head moves to Sydney to fill position previously held by Steven Mansy.

The number of new competitors in the market is growing – a good sign for a supply-constrained market.

Ex-Signature Bank managing director Trevor Freeman is making hires to build out a new subscription line lending program.

The subsidiary of Hercules Capital has formed a new private credit lending program following the failure of Silicon Valley Bank, which was a lender and banker to about half of the tech and life-sciences start-ups in the US.

The seized bank’s holding company may become the rope in a tug-of-war.

The bank’s fall also highlights and potentially exacerbates a large and growing supply gap in subscription credit lines.

The Fund Finance Association's annual Global Symposium saw registration growth explode; We report on two breaking news stories in the NAV market.