Ares Commercial Finance and Ansley Park Capital Provide Asset Based and Equipment Financing to Shimmick Corporation
Ares Commercial Finance (“ACF”) announced today that it has provided a $15 million senior secured revolving line of credit to Shimmick Corporation (“Shimmick” or the “Company”), an Irvine, California-based infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation. Ansley Park Capital (“Ansley Park”), an affiliate of Ares Management, provided a complementary $15 million machinery and equipment term loan, the combination of which delivered a complete financing solution.
Ansley Park Capital Makes Key Leadership Appointments Driven by Significant Growth
Ansley Park Capital (“Ansley Park”), a premier lending and specialty finance platform, today announced a series of key leadership appointments and organizational changes as part of its ongoing growth strategy.
Ansley Park Capital Surpasses $200 Million in Funding in First Quarter of Operation
Ansley Park Capital, a premier lending and specialty finance platform, announced today a major milestone in its first full quarter of operation. The company successfully funded $200 million across a wide range of industries, bringing its total originations to more than $250 million since its inception.
Ansley Park Capital Bolsters Leadership Team with Key Appointments
Ansley Park Capital (“Ansley Park”), a leading lending and specialty finance platform providing flexible financing solutions for essential-use, large-ticket equipment, announced today the appointment of two seasoned professionals to its leadership team: Zilong Wang as Senior Managing Director, Head of Sponsor Coverage Underwriting; and Michael Gay as Senior Managing Director, Head of Sponsor Coverage.
