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Iris Dorbian

Monogram is a Boston-based provider of finance solutions for students and their families.
Vistara Technology Growth Fund V's target is $400m.
Gilles Dellaert, global head of Blackstone Insurance, will serve as global head of BXCI and lead the business’s combined operations.
According to the terms of the deal, the combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction.
The capital infusion will be used to support Stonepeak's growth.
Alongside Shahab Rashid, Chang will co-lead the firm's direct lending strategy.
Redett succeeds Curt Buser who will be retiring the end of the year.
When the deal closes, Fortress management is expected to own a 30% equity stake in the company while Mubadala Capital will own a 70%.
The deal is expected to close in the fourth quarter of 2023.
The subsidiary of Hercules Capital has formed a new private credit lending programme following the failure of Silicon Valley Bank, which was a lender and banker to about half of the VC-backed tech and life sciences start-ups in the US.

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