Feed aggregator

SAN FRANCISCO--(BUSINESS WIRE)--L2 Point Management, LLC (“L2 Point”), a private investment firm that provides innovative capital solutions to growth-stage companies, today announced the successful close of its inaugural structured equity fund, L2 Point Opportunities I, L.P. (the “Fund”), at approximately $312 million, surpassing its $300 million target. The Fund’s capital, together with capital raised by L2 Point for related co-investment vehicles, totals nearly $460 million. The Fund’s invest

NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Enablon ESG Excellence solution has been named as the leading Software as a Service solution by the Business Intelligence Group (BIG) in the 2024 Stratus Awards for Cloud Computing. The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Business executives with experienc

NEW YORK--(BUSINESS WIRE)--Morgan Stanley today announced results of its 2024 Retirement Plan Survey, providing insight into shifting 401(k) plan sponsor attitudes and tactics amid a constantly evolving financial landscape. Retirement benefits remain essential for attracting and retaining employees, but as markets grow more complex, so do demands on defined contribution (DC) plan sponsors to help employees prepare for retirement. To compete, plan sponsors are under pressure to offer attractive

AUSTIN, Texas--(BUSINESS WIRE)--SchooLinks, a leading software platform providing College and Career Readiness (CCR) resources for K-12 students across the U.S., today announced a minority growth investment led by Susquehanna Growth Equity (SGE), an entrepreneur-centric growth equity firm. Additional investors who participated in the funding round include Stephens Group, Strada and ASA. The new capital will help SchooLinks expand its growing suite of CCR offerings and accelerate its growing eco

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Residual property insurance markets have experienced an influx of personal lines business that far exceeds its commercial lines counterpart, especially in states that are being more directly affected by the growing frequency and severity of secondary perils, according to AM Best. The Best’s Special Report notes that policy count within U.S. residual market plans nearly doubled from 2018 to 2023, with most of that growth occurring after 2020. The growth occurred a

SENECA, S.C.--(BUSINESS WIRE)--Oconee Federal Financial Corp. (OTCQX: OFED) (the “Company”), the holding company for Oconee Federal Savings and Loan Association (“Oconee Federal”), announced today net income of $790 thousand, or $0.14 per diluted share, for the quarter ended September 30, 2024, which was more than the net income of $312 thousand, or $0.06 per diluted share, for the quarter ended September 30, 2023. September 30, 2024 Quarter End Summary: Fifty-two consecutive quarterly dividend

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 Uncapped Accelerator ETF - October (Cboe: UXOC) and the FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF (Cboe: DHDG) (collectively, the “funds”). The funds are the latest additions to First Trust’s lineup of Target Outcome ETFs, which has over $25 billion in total net assets, a 92% increase ov

NEW YORK--(BUSINESS WIRE)--Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today announced it has successfully completed its acquisition of LiveIntent, a pioneer in people-based marketing. The addition of LiveIntent’s assets, publisher network, and channel capabilities will bolster the Zeta Marketing Platform, strengthen the Zeta Data Cloud, and advance Zeta’s position in AI-powered marketing. For more information on the acquisition, read here. “Acquiring LiveIntent is not only accret

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--LHL Strategies, Inc. (“Lighthouse Life” or the “Company”), a life settlement market-maker originating life insurance policies for resale to institutional asset investors, continues to bolster its life settlement marketing team with the hiring of Caio Schmidt as the Company’s Vice President of Marketing. Caio most recently served as the Director of Performance Marketing for Shutterfly, leading Direct-to-Consumer marketing in the US and abroad. Prior to that, h

MINNEAPOLIS--(BUSINESS WIRE)--Total Expert, the FinServ leader in customer engagement software, today launched Engage SMS, a purpose-built text messaging tool that enables lenders to create compliant, two-way conversations with their customers in real time to build loyalty and drive conversions. Engage SMS gives lenders an easy way to communicate with customers through one of the most widely accepted forms of communication, using their mobile device, laptop, or desktop to initiate and respond t

TAMPA, Fla.--(BUSINESS WIRE)--Toorak Capital Partners LLC (“Toorak”), a leading capital provider to the private real estate lending industry, today announced the successful closing of Toorak Mortgage Trust 2024-2 (“TRK 2024-2”), its first residential transition loan (“RTL”) securitization with an initial portfolio exclusively backed by loans secured by small balance multifamily and mixed-use properties. The initial collateral underlying TRK 2024-2, a $166 million unrated deal, consisted of 98 R

OAKLAND, Calif.--(BUSINESS WIRE)--Square today announced new partner integrations to give sellers a wider selection of tools that enable them to grow and succeed, alongside a new distribution partnership with SalonCentric that brings Square’s hardware and software offerings to more beauty professionals. Additionally, Square has rolled out a number of new features and product enhancements designed to help beauty and wellness sellers increase sales, provide clients with improved personalization,

LEHI, Utah--(BUSINESS WIRE)--With 82% of pet owners facing challenges when searching for rental homes, according to American Humane, finding pet-friendly housing can be difficult. In response, Entrata, a leading AI-powered operating system for the multifamily industry, has partnered with PetScreening to create more inclusive pet-friendly rental communities. This partnership will streamline the pet screening process, making it easier for property managers to meet the needs of both pet owners and

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) held its third Charity Trading Day with employees across the world participating to benefit four charities aligned with Northern Trust’s philanthropic strategy. As a result of Charity Trading Day, which occurred October 16, 2024, a total of US$1 million will be donated to Habitat for Humanity International, Rise Against Hunger, Ronald McDonald House Charities® and Urban Initiatives. October is Northern Trust’s signature month of global vol

SAN FRANCISCO--(BUSINESS WIRE)--Prelim, a provider of origination solutions for consumer and commercial deposit accounts, today announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. Financial institutions can now use Prelim's deposit platform, which is integrated with Q2's Digital Banking Platform. As part of the Q2 Partner Accelerator

CHARLOTTE, N.C.--(BUSINESS WIRE)--The American Gambling Awards today announced that Amy Howe, FanDuel Group CEO, has been named C-Suite Executive of the Year for the 2024 American Gambling Awards. Since taking on the role in 2021, Howe has been instrumental in driving the company's growth and innovation in a rapidly evolving market. The American Gambling Awards, produced by Gambling.com Group Limited (Nasdaq: GAMB) ("Gambling.com Group" or the "Group"), honor the top companies and executives sh

LONDON--(BUSINESS WIRE)--Heitman LLC (“Heitman”), a global real estate investment management firm, today announced the acquisition of a self-storage site in Galway, Ireland, further establishing their U-Store It business as the leading provider of self-storage facilities across the country. This transaction, undertaken in furtherance of Heitman’s global core plus focused strategy, reinforces Heitman’s conviction in the European self-storage market and the growth potential in Ireland in particul

NEW YORK--(BUSINESS WIRE)--OneVest, a leader in wealth management technology, today announced the launch of its platform capabilities in the United States. The company’s highly configurable platform is designed to empower financial institutions by enabling them to easily tailor and scale their wealth management services, ensuring a more personalized and efficient client experience. Several prominent U.S. financial institutions have already signed on as customers. Configurable Wealth Management

CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, today announced it has served as lead agent for a senior secured facility to support private equity firm Vance Street Capital’s investment in Pro-Vision. Headquartered in Grand Rapids, MI, Pro-Vision is an end-to-end mobile video solution provider that specializes in designing, assembling, and bundling a comprehensive and customizable suite of video solutions for critical asset monitoring. “Barings deeply

PHILADELPHIA--(BUSINESS WIRE)--Glenmede, a privately held and independently owned investment and wealth management firm, today announced the appointment of Christian Tynan, CFA® as Director of Institutional Operations, reporting to Jeffrey Semmer, Director of Strategic Initiatives. In this new position, Mr. Tynan will be responsible for overseeing operational processing, including institutional reporting and account administration, for the firm’s Endowment & Foundation clients. Additionally