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Jensen Investment Management Appoints Richard Clark as Managing Director, Reinforcing Strategic Growth and Client-Centric Leadership

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
LAKE OSWEGO, Ore.--(BUSINESS WIRE)--Jensen Investment Management, an Oregon-based high-conviction active equity manager, proudly announces the promotion of Richard Clark to Managing Director, a move that reinforces the firm's strategic growth and dedication to its client-focused, quality-driven investment philosophy. "Richard's appointment to Managing Director is a natural progression in our long-term strategy," said Eric Schoenstein, Managing Director and Portfolio Manager. "His deep sense of

Fifth Third Launches Small Business Catalyst Fund in Partnership with Community Reinvestment Fund, USA

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank has partnered with Community Reinvestment Fund, USA (CRF) to launch the Small Business Catalyst Fund, a $7.85M investment that will empower small businesses across Fifth Third’s 11-state footprint to grow and create jobs in their communities and build a more equitable small business ecosystem. "Small businesses form the foundation of our communities – and when they succeed, we all succeed,” said Kala Gibson, chief corporate responsibility officer fo

Springboard and University of Arizona Continuing & Professional Education Partner to Equip Learners with High-Demand Tech Skills for Career Growth

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
SAN FRANCISCO--(BUSINESS WIRE)--Springboard, a leading online learning platform, has partnered with University of Arizona Continuing & Professional Education (CaPE) to launch five new bootcamps designed to equip learners with in-demand tech skills. These programs, which will be delivered fully online, are designed to help working professionals and career changers gain expertise in the most sought-after fields in the technology sector, including data analytics, data science, machine learning

FHLBank Chicago Awards over $47 Million in Affordable Housing Grants to Strengthen Communities throughout Illinois and Wisconsin

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
CHICAGO--(BUSINESS WIRE)--The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced it has awarded over $47 million through its 2024 Affordable Housing Program (AHP) General Fund round to help finance 35 housing projects located primarily in Illinois and Wisconsin. This funding will enable the acquisition, rehabilitation and new construction of over 1,300 housing units. “Access to affordable housing remains a top priority across Illinois and Wisconsin communities, especially as resident

Airship Announces Finalists for the 2024 Altitude Awards

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
PORTLAND, Ore.--(BUSINESS WIRE)-- #CustomerExperience--Twelve brands are finalists in the 2024 Airship Altitude Awards for achieving standout value creation from mobile-first customer experiences.

GPW & Associates, Inc., Welcomes Bill Mourelatos as Senior Executive to Lead Specialty Captives Division

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
PHOENIX--(BUSINESS WIRE)-- #captives--GPW & Associates, Inc. ("GPW"), a leading captive manager and Beyond Risk company, is pleased to announce the appointment of Bill Mourelatos as Senior Vice President of Business Development and Head of its new Specialty Captives Division. Mr. Mourelatos brings over two decades of extensive experience in risk management, financial planning, and strategic oversight, positioning GPW for continued success and growth in the alternative risk management industry. Mr. Mour

Kraken Appoints Arjun Sethi as Co-CEO to Accelerate Company Mission and Growth

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, one of the longest-standing and most secure cryptocurrency platforms, today announced that Arjun Sethi has been appointed as co-CEO, serving alongside David Ripley, who will become co-CEO. Sethi also serves as Co-Founder and Chairman of Tribe Capital and is widely recognized as one of the top early-stage venture investors in Silicon Valley. Notable investments include xAI, Rippling, Applied Intuition, Slack, Gusto, Swarm, and Carta. Sethi is also a succe

U.S. Bancorp announces planned leadership, structural changes for payments business

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp announces planned leadership, structural changes for payments business

Trak Selected to Streamline Sponsorships for The Coca-Cola Company in North America

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
SALT LAKE CITY--(BUSINESS WIRE)--Trak Software is proud to announce its partnership with The Coca-Cola Company (TCCC) to streamline the management of its Tier 1 sponsorships in North America. Coca-Cola will leverage Trak’s advanced Sponsorship Asset Management (SAM) platform to manage workflows, streamline collaboration, and maximize sponsorship value across rights holders, agencies, and bottlers. Coca-Cola’s decision to work with Trak Software was driven by the need for consolidation and simpl

Procurify Launches All-New AP Automation Solution to Empower Customers with AI-Driven, End-to-End Financial Control

Lastest from Businesswire - Wed, 10/30/2024 - 15:59
VANCOUVER, British Columbia--(BUSINESS WIRE)--Procurify, a pioneer in proactive spend management solutions, today announced the launch of an all-new accounts payable (AP) automation solution. Building on years of success with its existing AP platform and strong customer base, this new AI-driven solution exponentially improves efficiency by automating traditionally time-consuming and error-prone tasks. Optical character recognition (OCR) quickly extracts line-item invoice details, while automate

Former Deputy Commissioner of New York State Department of Health Joins Sheppard Mullin

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
NEW YORK--(BUSINESS WIRE)--Partner Adam Herbst has joined Sheppard Mullin's Healthcare industry team in New York

Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940   The Fund’s estimated sources of the distribution to be paid on October 31, 2024 and for the fiscal year 2024 year-to-date are as follows: Estimated Allocations for October Monthly Distribution as of September 30, 2024: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Realized Long

Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Notification of Sources of Distributions

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Limited Duration Income Trust [NYSE American: FTF]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940   The Fund’s estimated sources of the distribution to be paid on October 31, 2024 and for the fiscal year 2024 year-to-date are as follows: Estimated Allocations for October Monthly Distribution as of September 30, 2024: Distribution Per Share Net Investment Income Net Realized Short-Term Capital

Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Notification of Sources of Distributions

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund’s estimated sources of the distribution to be paid on October 31, 2024, and for the fiscal year 2024 year-to-date are as follows: Estimated Allocations for October Monthly Distribution as of September 30, 2024: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains

Hicks Thomas Partner Courtney Ervin Named to 2024 Houston Business Journal’s Women Who Mean Business List

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
HOUSTON--(BUSINESS WIRE)--Hicks Thomas is pleased to announce that partner Courtney Ervin has been named by the Houston Business Journal as a 2024 Women Who Mean Business honoree. Established in 2016, the award recognizes women leaders who have demonstrated excellence in their careers and community. According to the Houston Business Journal, “This prestigious award is given to the unstoppable women who go above and beyond in the business and community sectors.” Named an “Outstanding Business Le

Tri Counties Bank and FHLBank San Francisco Donate $200,000 to Black Homeownership

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #BlackHomeownership--Tri Counties Bank announced today, in conjunction with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), a combined $200,000 donation to promote Black homeownership as part of the FHLBank San Francisco’s Empowering Black Homeownership matching grant program. FHLBank San Francisco launched the matching grant program in 2022 to advance racial equity in homeownership and narrow the Black homeownership and wealth gaps. As a member financial institu

Matter Intelligence Emerges from Stealth with $12 Million Seed Funding to Revolutionize Remote Sensing and Global Perception

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
LOS ANGELES--(BUSINESS WIRE)--Matter Intelligence, a California-based remote sensing startup, has emerged from stealth, unveiling its plans to launch space sensors capable of capturing never-before-seen data about all matter on Earth, from surface to atmosphere. Matter specializes in advancing sensor infrastructure that captures incredibly detailed, beyond-visible data of both natural and artificial materials – creating the most comprehensive “extreme resolution” Earth observation dataset ever

Aviation Capital Group Announces Inaugural Sustainability-Linked Loan

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced today the closing of its inaugural sustainability-linked loan. The $550 million senior unsecured term loan matures in October 2027 and was entered into with a syndicate of lenders. The term loan includes an accordion feature that allows ACG to request up to $300 million of additional lender commitments. In alignment with the Company’s ESG goals, this loan con

Mill Point Capital Forms Voltaris Power LLC Through Two Power Solutions Corporate Carve-Outs

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
NEW YORK--(BUSINESS WIRE)--Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control investments in the Business Services, Industrials and IT Services sectors throughout North America, announced the formation of Voltaris Power LLC (“Voltaris”), an electrical power solutions platform created by acquiring two distinct entities - Pioneer Custom Electrical Products (“PCEP”) and Jefferson Electric (“Jefferson”). Including the two carve-outs that form Voltaris, Mil

Sikich Manufacturing Industry Pulse Survey Shows Executives’ Optimism Lowest Since 2022

Lastest from Businesswire - Wed, 10/30/2024 - 12:59
CHICAGO--(BUSINESS WIRE)-- #Pulsesurvey--Sikich, a Chicago-based leading global technology-enabled professional services company, conducts the Sikich Industry Pulse which surveys manufacturing and distribution executives from across sectors and the nation multiple times throughout the year, highlighting and responding to top trends as they arise. The results from the September 2024 survey show a significant decrease in industry optimism and the importance of maintaining an effective data strategy within your

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