Articles from ORIX Corporation USA

ORIX Corporation USA (“ORIX USA”) and Hilco Global, a diversified global financial services firm headquartered outside of Chicago, IL, today announced that they have entered into a definitive agreement (the “Agreement”) under which ORIX USA will acquire a majority equity ownership of Hilco Global. The proposed transaction will accelerate ORIX USA’s growth by adding Hilco Global’s extensive valuation expertise, advisory platform, and asset-based lending investment capabilities to complement and expand ORIX USA’s middle-market focused credit platform.

ORIX Corporation USA’s (“OCU”) Growth Capital business today announced it has successfully closed a debt financing facility for Piano Software, Inc. (“Piano”), a global leader in digital experience management, customer journey orchestration, and advanced analytics. The financing was completed alongside the close of the company’s Series D equity fundraise led by Updata Partners, a Washington, D.C.-based growth equity firm focused on technology.

ORIX Corporation USA (ORIX USA) announced today the appointment of Dean Dulchinos as Managing Director and Head of Real Estate Credit. Mr. Dulchinos is based in New York and reports to Jeff Abrams, Group Head of Private Credit and Real Estate and Member, Executive Committee. Mr. Dulchinos has over 20 years of experience building and managing global commercial real estate (CRE) platforms, including 17 years at Barings/MassMutual companies in senior leadership positions within global CRE investing, including as Head of Real Estate Debt Portfolio Management and Capital Markets and Head of Structured Investments.

ORIX Corporation USA (ORIX USA), announced today the appointment of Nik Singhal as Managing Director and Group Head of Direct Lending within its Private Credit business. Mr. Singhal is based in New York and will report to Jeff Abrams, Group Head of Private Credit and Real Estate and Member, Executive Committee. Mr. Singhal will also join ORIX USA’s Management Committee. His start date at the firm is July 8, 2024.

ORIX Corporation USA (ORIX USA) today announced the appointment of Benjamin (Ben) Wu as Managing Director and Head of East Coast for its Growth Capital business. Mr. Wu is based in New York and will report to Jeff Bede, Head of Growth Capital. ORIX USA’s Growth Capital business provides customized and flexible debt and equity solutions for leading growth-stage companies with a current focus on the software (SaaS) and healthcare sectors.

ORIX Corporation USA (ORIX USA) today announced two recent senior Investor Solutions hires within its Asset Management business as the firm continues to strengthen distribution capabilities for its integrated private markets product offering. The Investor Solutions teams will continue to work alongside ORIX USA’s investment teams to provide its clients with compelling solutions across its broad middle-market focused private credit, real estate and private equity offerings.

ORIX Corporation USA (ORIX USA) announced today the completion of an equity investment by its Strategic Solutions group in a 150 MW wind power farm located near Amarillo, TX. The wind power farm consists of 75 wind turbines that supply electricity to communities in Armstrong and Carson counties and surrounding areas.

ORIX Corporation USA (ORIX USA) announced today the completion of an equity investment by its Special Opportunities group in three anaerobic digestion projects that are expected to convert more than 194 million gallons of dairy manure annually into renewable natural gas (RNG). The projects are located in Iowa and South Dakota and were developed by Dynamic Renewables, a leading developer and operator of biofuel projects in the United States.

ORIX Corporation USA (ORIX USA) today announced two senior appointments within its asset management business. Jeff Abrams has been named Chief Investment Officer (CIO), Asset Management, and Timothy Loughlin has joined the firm as Managing Director in the Special Opportunities Group, responsible for Asset Based Lending. Mr. Abrams is based in New York and continues to report to Art Mbanefo, CIO of ORIX USA and Mr. Loughlin reports to Ravi Singh, Head of the Special Opportunities Group.

ORIX Corporation USA (ORIX USA) today announced the appointment of Jordan Robinson as Managing Director and Head of Investor Solutions within its asset management business. Robinson joins the firm from Fairview Capital Group, where he was Senior Partner, Global Syndication and LP Communications. He reports to Charlie Gilroy, Chief Operating Officer of ORIX USA’s asset management business and is based in the firm’s New York office.

ORIX Corporation USA (ORIX USA) announced today the completion of an equity investment in BC Organics Anaerobic Digestion Facility (BCO), a commercial biorefinery that processes dairy manure into renewable natural gas (RNG), a concentrated nutrient stream, dried fiber and clean water. BCO, located in Brown County, Wisconsin, is owned by Dynamic Expansion LLC and was developed by Dynamic Concepts, LLC, a leading developer and operator of biofuel projects in the United States. Once fully operational, BCO will be one of the largest dairy manure to RNG projects in the United States, and is expected to process more than 360 million gallons of manure per year.

ORIX Corporation USA (ORIX USA), the Americas business of the international financial services group ORIX Corporation (ORIX), announced today that its Municipal and Infrastructure Finance business completed a preferred equity investment for the construction and start-up costs of a 103-unit senior housing community in Aledo, TX. Civitas Senior Living and Journey Capital will develop the community.

ORIX Corporation USA (ORIX USA), the Americas business of the international financial services group ORIX Corporation (ORIX), announced today that its Municipal and Infrastructure Finance business recently completed a $44.8 million tax-exempt and taxable bond financing to fund the acquisition of five senior housing communities that are part of the Coventry Properties of Minnesota. The communities are located within the greater Minneapolis area and total 153 assisted living and memory care units.