News
Latest News
April 10, 2025
Marblegate Capital Corporation Announces Completion of Business Combination with Marblegate Acquisition Corp. and DePalma Companies to Establish Publicly Listed Vertically Integrated NYC Taxi Medallion Lender and Fleet Operator
Marblegate positioned to leverage its successful record of driving positive change in the taxi industry to deliver value for owners, drivers, and investors Firm was pivotal to the success of NYC Taxi Medallion MRP+ program which has been hailed by federal, state and city officials for stabilizing the industry NEW YORK, April 10, 2025 /PRNewswire/… Read More
December 2, 2024
Tip of the Iceberg: Defaults, and how to disguise them
Headlines say private debt defaults are low, but is how they are measured and reported hiding the true number? To look at the default rates from the various ratings agencies and other data aggregators is to invite confusion. For private corporate credit, there is no “market-standard sample” for defaults that can be used to draw… Read More
August 30, 2024
How Chicken Soup for the Soul entangled a titan of Private Credit
A bitter bankruptcy fight is playing out between HPS Investment Partners and the parent company of Redbox Just before the US Fourth of July holiday, the parent company of American DVD kiosk chain Redbox had run out of cash — and its biggest lender out of patience. Redbox’s owner, the publishing, programming and pet food… Read More
August 15, 2024
Golub Is Building Out Trading Desk for Private Credit Loans
Golub Capital is boosting its trading of private credit deals, according to people familiar with the matter, the latest evidence of growing interest among some industry players in developing a secondary market for direct loans. The firm traded about $1 billion of private debt through the first half of the year, the people said, asking… Read More