News

Asset Management Businesses
CBAM Closes Its Third CLO of 2018
7/12/2018 – CBAM’s third CLO of 2018 brings total new issuance to $2.8 billion for the year.
Branded Hospitality and Consumer
NPC International Appoints Jim Schwartz as Chairman and Troy Cook as Vice Chairman
6/26/2018 – NPC International, the fifth largest restaurant unit operator in the United States and largest domestic franchisee of both Pizza Hut and Wendy’s, today announced that after more than 23 years of leading the Company, Jim Schwartz, Chief Executive Officer, and Troy Cook, Chief Financial Officer, will transition from their current executive roles to the new roles of Chairman and Vice Chairman of the Company, respectively.
Insurance
Security Benefit's RateTrack® Annuity Wins Wink's 2017 Excellence in Annuity Innovation Award
6/21/2018 – Independent market research firm Wink, Inc. has named Security Benefit Life Insurance Company’s RateTrack® Annuity as its 2017 award winner for Excellence in Annuity Innovation. In developing the Excellence in Annuity Innovation Award, its first-ever award program, Wink reviewed the 202 fixed and fixed index deferred annuities that launched in 2017, as well as the 105 that launched in 2016. Their aim was to identify non-variable deferred annuity products with unique identifying features.
Asset Leasing and Financing
Essential Properties Realty Trust, Inc. Announces Pricing of Initial Public Offering
6/20/2018 - Essential Properties Realty Trust, Inc., an internally managed real estate company that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses, today announced the pricing of its initial public offering of 32,500,000 shares of its common stock at an initial public offering price of $14.00 per share.
Asset Management Businesses
CBAM Closes its Second CLO of 2018 at $1 billion
6/15/2018 - CBAM’s sixth CLO brings total new issuance since August 2016 to $7.1 billion.
Branded Hospitality and Consumer
Inside the Quest to Build the World’s Next Biggest Franchises
5/31/2018 - Aurify Brands is helping food entrepreneurs scale their fledgling brands by providing them with everything from capital to operational support and mentorship.
Asset Leasing and Financing
Stonebriar Closes its Fourth Equipment Securitization Transaction for $578 Million
5/30/2018 - Stonebriar Commercial Finance announced the closing of SCFET 2018-1, a $578 million asset-backed securitization transaction. SCFET 2018-1 marks the fourth equipment securitization transaction that Stonebriar has closed in the last 24 months and its first to secure triple-A ratings.
Asset Management Businesses
Cain International Secures £390 Million Development Loan for The Stage
4/17/2018 - Cain International, the diversified real estate investment company, has secured a £390 million development loan for The Stage, its £750 million mixed-use project in London’s Shoreditch.
Insurance
Security Benefit Derivatives Team Awarded “Insurance Risk Management Team of the Year” by EQDerivatives, Inc.
3/21/2018 - Security Benefit has earned the EQDerivatives 2018 “Insurance Risk Management Team of the Year” award for its risk management program for its fixed indexed annuity products.
Media and Sports
Valence Media Launches to Create New Diversified Media Company
2/1/2018 - Deal merges industry leaders in premium television, film, live entertainment and digital media: Billboard-Hollywood Reporter Media Group, dick clark productions and MRC
Insurance
Kuvare Selects SE2 as Key Technology and Operations Partner
2/1/2018 - SE2 will enable KUVARE to increase its speed to market, improve its digital technology offerings, drive greater process discipline and standardization, and maintain high levels of customer service for its North American insurance clients
Asset Leasing and Financing
Elliott Bay Announces 2017 Activity
1/12/2018 - 37 Properties Acquired and Three Independent Members Join Board of Directors
Insurance
Security Benefit's Financial Strength Rating Upgraded to A-
12/20/2017 - Balance sheet strength and strong performance cited in revised rating from A.M. Best
Asset Leasing and Financing
Stonebriar Commercial Finance Closes Third Securitization
12/6/2017 - SCFET 2017-2, a $374 million asset-backed securitization transaction, marks the third securitization transaction that Stonebriar has closed in the last 18 months
Asset Management Businesses
CBAM Closes $1 Billion Collateralized Loan Obligation
12/6/2017 - CBAM announced today that is has closed a $1 billion collateralized loan obligation ("CLO"), led by Morgan Stanley. CBAM has now closed four CLOs totaling more than $5.1 billion, making it the largest U.S. issuer of new CLOs in 2017.