Term Sheet: Makarora’s first close; S3’s riverfront stake; Fidelity Bancorp’s senior addition

Makarora makes a trio of credit moves and holds a $750 million first close of its debut special situations strategy; S3 Capital is picking up more residential construction exposure with a $255 million loan in Edgewater, New Jersey; Fidelity Bancorp looks to expand its lending platform with the hire of an ex-advisory senior professional; and more in today’s Term Sheet, exclusively for our valued subscribers.

InsightTerm Sheet