• Texas Capital Bancshares’ Texas Capital Alternative Asset Management formed a strategic relationship with Phoenix Merchant Partners to expand private credit lending to core middle-market companies.
• Phoenix will launch Spurstone Credit in Q3 2026, a perpetual-life, non-traded closed-end credit fund headquartered in Dallas.
• Mandate targets senior secured financings for businesses with $100 million to $1 billion in annual revenue.
• Spurstone’s adviser will be Ryestone Advisors, a Phoenix-sponsored RIA seeking SEC registration; TCAAM will take a minority economic stake in the adviser.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Texas Capital Bancshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE94170) on June 30, 2026, and is solely responsible for the information contained therein.