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BOSTON--(BUSINESS WIRE)--Bain Capital today announced it completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion. This capital base includes Global Special Situations Fund II, which received $5.7 billion in total commitments, inclusive of co-investments and separately managed accounts, and $3.3 billion from the firm’s previously closed Special Situations Asia and Europe regional funds. The successful fun

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its 2025 CMBS Sector Outlook, which highlights our 2025 new issuance forecast, trends among the five major property types including demand and supply, and factors that may affect property performance next year. We also discuss year-to-date (YTD) KBRA-rated CMBS conduit trends and metrics, take a closer look at 2024 ratings activity, and provide our rating expectations for 2025. Looking ahead to 2025, we believe CMBS is set for a record year with issuance

NEW YORK & LONDON & HONG KONG & SINGAPORE & SYDNEY--(BUSINESS WIRE)--The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced today that Japan’s Higo Bank has adopted DTCC’s ITP services to automate their middle and back office, helping them achieve no touch processing across domestic and cross-border transactions. Higo Bank, the largest Japanese regional bank in Kumamoto Prefecture, selected CTM,

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), one of the nation’s leading VA lenders and a leading provider of products and services that power the homeownership journey, has been named one of the year’s “Best Military Lenders” by National Mortgage Professional. The recognition “celebrates lenders who go above and beyond to serve military members, their spouses, and Veterans,” according to the outlet. “At loanDepot we feel tremendous respect and appreciation

IRVINGTON, N.Y.--(BUSINESS WIRE)--X-Caliber Holdings LLC, (X-Caliber), a national, direct commercial real estate lender focused on impact lending, today announced it closed a $26.3MM financing with its first Rural PACE-X transaction for the ground-up construction of a new hotel in Silverthorne, Colorado. Upon completion, the 111-room hotel will be a Holiday Inn Express brand under IHG Hotel & Resorts and is being developed by highly experienced sponsor REV Development. The financing consist

SELAH, Wash.--(BUSINESS WIRE)--From apple sauces to juices, the site allows consumers in the lower 48 states to easily browse, select and purchase Tree Top products securely online.

DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Lone Star has announced to its Limited Partners and employees that Jérôme Foulon has been appointed Global Head of Commercial Real Estate for Lone Star following the retirement of André Collin after 17 very successful years with Lone Star. Mr. Foulon joined Lone Star in 2018 and has served in multiple senior positions, most recently as senior managing director for Global Origination where he was responsible for investment strategy and policy

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” (Excellent) to Standard and Preferred Insurance Company (Standard and Preferred) (Kew Gardens, NY). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Standard and Preferred’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropr

STERLING, Va.--(BUSINESS WIRE)-- #ATA--Consumer packaged goods industry executive, Chad Marston, has joined JK Moving Services, the nation’s largest independently owned and operated moving company, as chief operating officer, reporting to JK Founder and Chairman Chuck Kuhn. Marston will oversee executive-led corporate strategies, including Human Resources, Information Technology, Global Supply Chain Management, Contracts, Marketing, and other segments of JK enterprise services. “JK has grown significa

LOS ANGELES--(BUSINESS WIRE)--NFE Investors Have Opportunity to Lead New Fortress Energy Inc. Securities Fraud Lawsuit with the Schall Law Firm

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Zeta Global Holdings Corp. (“Zeta” or the “Company”) (NYSE: ZETA) investors concerning the Company’s possible violations of federal securities laws. On November 13, 2024, Culper Research published a report alleging, among other things, that Zeta has “formed ‘two-way’ contracts with third party consent farms wherein the Company simultaneously acts as both a supplier and a buyer of consumer data

CHICAGO--(BUSINESS WIRE)--Global professional services firm Huron (NASDAQ: HURN) today announced that Kristen Colella, managing director at Innosight, Huron’s strategy and innovation business, has been recognized as one of Consulting Magazine’s Women Leaders in Consulting for 2024. Kristen, who co-leads Innosight’s consumer, media, and technology team, joins a prestigious group of women industry leaders honored for their profound impact on the consulting profession. She was celebrated for her f

NEW YORK--(BUSINESS WIRE)--FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today the availability of four new interactive Connected TV (CTV) ad formats to further drive audience ad engagement. The personalized and dynamic experiences, including transactional and gamified ad formats, are part of Fubo’s ongoing commitment to ad innovation and overall strategy to connect, interact with and convert premium audiences. The company has continued to

CINCINNATI--(BUSINESS WIRE)--Great American Insurance Group is pleased to announce the promotion of Todd D. Gambrell to Divisional President, Excess Liability.

NEW YORK--(BUSINESS WIRE)--Riskified supports International Fraud Awareness Week 2024, promoting education, awareness, and collaboration to combat ecommerce fraud globally

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”) a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched the FT Vest U.S. Equity Quarterly Dynamic Buffer ETF (Cboe: FHDG) (the “fund”). FHDG seeks to provide investors with returns (before fees and expenses) that match the price return of the SPDR® S&P 500® ETF Trust (“SPY”) up to a predetermined upside cap while seeking to provide a dynamic buffer of either 5.0% or 7.5%

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced its intent to transfer its common stock listing to the Nasdaq Global Select Market (the “Nasdaq”) in the first quarter of 2025. In connection with this planned uplisting, the Company also announced that its Board of Directors has authorized a reverse stock split of its common stock, which is also exp

ASBURY, N.J.--(BUSINESS WIRE)-- #AsburyCarbons--Asbury Carbons, a leading global supplier of engineered solutions for carbon and graphite materials, announces an upcoming price adjustment on orders shipping on or after January 1, 2025. This adjustment, ranging from 3% to 10% depending on the product, reflects the ongoing inflationary pressures impacting the costs of raw materials, labor, energy, and packaging across the industry. “This decision was not made lightly,” said Gregg Jones, CEO of Asbury Carbons. “We

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its 2025 Structured Credit Sector Outlook, which discusses structured credit issuance and themes for transactions and leveraged loans in 2024, as well as tailwinds and headwinds for issuance and performance next year. The outlook for structured credit transactions is brighter relative to recent years, given fresh rate cuts from the Federal Reserve, which should offer underlying borrowers some relief from the elevated interest rate environment that define

BOSTON--(BUSINESS WIRE)--Racepoint Global, an independent integrated communications agency that helps shape conversations that matter for tech-forward brands, today announced Bill Davies as chief executive officer (CEO). In his role, Davies—who brings a wealth of experience in guiding companies to success—will lead Racepoint's next phase of ambitious growth. "I'm excited for what the future holds for independent agencies like RPG," said Larry Weber, chairman of Racepoint. "We're flexible and ag