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Divestiture – Sold equipment finance platform and related assets for $105 million in cash, or approximately 1.2x allocated book value, net of debt repayment, transactions fees and other...
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Boston, Massachusetts, Jan. 31, 2017 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (“NewStar”) (NASDAQ:NEWS) announced today that it will report financial results for the fourth quarter and fiscal...
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Boston, Massachusetts, Dec. 09, 2016 (GLOBE NEWSWIRE) -- NewStar Financial Inc. (Nasdaq:NEWS), a specialized commercial finance company, announced today that its Board of Directors has authorized...
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BOSTON, Dec. 01, 2016 (GLOBE NEWSWIRE) -- NewStar Financial Inc. (Nasdaq:NEWS) (“NewStar” or the “Company”) announced today the sale of its equipment finance business and related assets to...
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The NewStar Berkeley Fund CLO (the “Berkeley Fund”) represents the fourth in a series of managed credit funds focused on middle market senior debt originated through NewStar’s direct lending...
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Investment Activity – New funded credit investments totaled $427 million in the third quarter compared to $476 million last quarter and $720 million in the same quarter last year, reflecting credit...
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Boston, Massachusetts, Oct. 21, 2016 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (“NewStar”) (NASDAQ:NEWS) announced today that it will report financial results for the third quarter of 2016 on...
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Boston, MA, Sept. 21, 2016 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS), an internally-managed commercial finance company and asset manager, announced today that its liquid credit...
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Boston, Massachusetts, Aug. 11, 2016 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (NASDAQ: NEWS) announced today that John Frishkopf will retire from the company as of September 30, 2016. Mr....
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Investment Activity – New funded credit investments totaled $476 million in the second quarter, up from $300 million last quarter and down from $1 billion in the same quarter last year as middle...