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Latest Stories From

Golub Leads $3.4B Unitranche Loan for Thoma Bravo Portfolio Company

Alternative Assets | September 21, 2023

Credit asset manager Golub Capital has acted as administrative agent, left lead arranger and joint bookrunner on a $3.4 billion unitranche facility for Hyland Software, a provider of enterprise content management software and a portfolio company of private equity giant Thoma Bravo since 2007. The unitranche facility includes a $3.25 billion term loan and a ...

Berthel Fisher Companies Has New Leadership Team 

Broker/Dealers | September 21, 2023

Andrew Christofferson named president, CEO  The Berthel Fisher Companies, a financial services firm, has named Andrew Christofferson, formerly the firm’s COO, as president and CEO of the firm’s registered investment advisory, two broker-dealers and insurance agency subsidiaries.   Christofferson will succeed Tom Berthel, the company’s co-founder. Berthel will continue to serve as the holding company’s president, ...

LPL Expands Liquidity and Succession Program to Outside Advisors

Broker/Dealers | September 21, 2023

LPL Financial is expanding its Liquidity and Succession program to non-affiliated advisors. The program, which was initially offered internally to LPL advisors in May 2022, is now being offered to external advisors looking for a buyer for their business. According to LPL, it allows advisors to monetize their businesses in order to retire or just ...

Illinois Retirement System Pumps $75M into Real Estate Fund

Alternative Assets | September 21, 2023

As part of its increasing real assets portfolio, the State Universities Retirement System of Illinois (SURS) will commit $75 million to a real estate fund. Trustees approved an allocation to Brookfield Strategic Real Estate Fund (BSREP) V. The fund is the flagship US-focused real estate strategy of Brookfield Asset Management. The Toronto-based firm’s BSREP vintage ...