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Virtus Investment Partners Reports Preliminary August 31, 2025 Assets Under Management

Lastest from Businesswire - Thu, 09/11/2025 - 09:33
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported preliminary assets under management (AUM) of $170.6 billion and other fee earning assets of $1.8 billion for total client assets of $172.4 billion as of August 31, 2025. The change in AUM from July 31, 2025 reflects net outflows in institutional accounts, U.S. retail funds, and retail separate accounts, offset by market performance and positive net flows in exchange-traded funds. Assets Under Manageme

Upbound Group Announces Appointment of Chief Growth Officer

Lastest from Businesswire - Thu, 09/11/2025 - 09:33
PLANO, Texas--(BUSINESS WIRE)--Upbound Group, Inc. (“Upbound” or the “Company”) (NASDAQ: UPBD), a technology and data-driven leader in accessible and inclusive financial solutions that address the evolving needs and aspirations of underserved consumers, today announced that, effective September 18, 2025, it has appointed Ms. Rebecca Wooters to the newly created role of Chief Growth Officer. Ms. Wooters will report directly to the Company’s Chief Executive Officer, Mr. Fahmi Karam. The growth or

Lazard Reports August 2025 Assets Under Management

Lastest from Businesswire - Thu, 09/11/2025 - 09:33
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of August 31, 2025 totaled approximately $258.4 billion. The month’s AUM included market appreciation of $2.7 billion, FX appreciation of $2.2 billion, and net outflows of $0.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)     As of:   August 31, July 31,   20251 2025 Equity $202,509 198,773 Fixed Income 46,877 45,980 Other 8,982 8,900 To

Tema Launches International Durable Quality ETF (ITOL)

Lastest from Businesswire - Thu, 09/11/2025 - 06:33
NEW YORK--(BUSINESS WIRE)--Tema ETFs (“Tema”), the New York-based provider of innovative exchange traded funds (ETFs), today announced the launch of the Tema International Durable Quality ETF. ITOL focuses on international durable and dominant quality companies with tangible moats. ITOL is the second product in Tema’s durable quality line-up following the successful launch of the Tema Durable Quality ETF (TOLL) in 2023. International investing exposes investors to compelling opportunities yet a

CenterOak Partners Expands Team with Two Senior Level Hires

Lastest from Businesswire - Thu, 09/11/2025 - 06:33
DALLAS--(BUSINESS WIRE)--CenterOak Partners Expands Team with Two Senior Level Hires

Forward Industries Closes $1.65 Billion Private Placement in Cash and Stablecoin Commitments to Advance Solana Treasury Strategy

Lastest from Businesswire - Thu, 09/11/2025 - 06:33
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”) today announced the successful close of its previously announced private investment in public equity (“PIPE”) financing, led by Galaxy Digital (“Galaxy”), Jump Crypto, and Multicoin Capital (“Multicoin”). The PIPE resulted in gross proceeds of approximately $1.65 billion to the Company, before deducting placement agent fees and other offering expenses. Forward Industries intends to use the

4M Building Solutions Acquires Calvary Building Services

Lastest from Businesswire - Thu, 09/11/2025 - 06:33
ST. LOUIS--(BUSINESS WIRE)-- #O2Investment--O2 Investment Partners is pleased to announce that 4M Building Solutions has completed the acquisition of Calvary Building Services.

PAN Names New UK Managing Director as Clients Expand Across Global Markets

Lastest from Businesswire - Thu, 09/11/2025 - 06:33
BOSTON & LONDON--(BUSINESS WIRE)--PAN, a global integrated data-driven marketing and PR firm for B2B tech and healthcare brands, today announced the appointment of Catherine Coffey as Managing Director of its UK operations. This leadership addition marks a significant step in advancing PAN’s global focus, which has seen undeniable momentum in the past year. With this move, PAN builds upon its mission to connect teams and clients across North America and EMEA. A skilled leader with more than 20

Star Mountain Exits Another Successful Growth and Consolidation of a Low Public Market Correlated, Main Street Business, DCCM, Investment in Partnership with White Wolf Capital Group

Lastest from Businesswire - Thu, 09/11/2025 - 06:33
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC (“Star Mountain”), a specialized private investment firm focused on the private U.S. businesses that have a low correlation to the public markets (the U.S. lower middle-market), announces the successful exit of its investment alongside White Wolf Capital Group (“White Wolf”) in Design Consulting Construction Management ("DCCM"), a national engineering and infrastructure consulting firm. About DCCM Headquartered in Houston, Texas, DCCM is a l

Ripjar’s Screening Assistant™ Sets New Standard for Compliance AI Agents, Driving Compliance in Addition to Major Productivity Gains

Lastest from Businesswire - Thu, 09/11/2025 - 06:33
LONDON & NEW YORK--(BUSINESS WIRE)--Ripjar introduces Screening Assistant™, a major agentic AI addition to its suite of screening products that reduced false positives by up to 90%.

Bublup Achieves HIPAA and SOC 2 Type II Compliance, Strengthens Leadership Position as a Secure Collaboration and Community Platform for Health Advocates, Support Groups, and Privacy-First Businesses

Lastest from Businesswire - Thu, 09/11/2025 - 03:33
MCLEAN, Va.--(BUSINESS WIRE)-- #brainstormsummit--Bublup, a visual, powerful, and private platform to organize and share content, collaborate, and grow online communities, today announced the successful completion of its HIPAA and SOC 2 Type II compliance audits. This milestone affirms Bublup’s deep commitment to privacy, security, and usability — especially for health-focused nonprofits, grassroots advocacy groups, and privacy-conscious small businesses. “Our mission has always been to make secure, powerful tools

Figure Technology Solutions, Inc. Announces Pricing of Initial Public Offering

Lastest from Businesswire - Thu, 09/11/2025 - 00:33
NEW YORK--(BUSINESS WIRE)--Figure Technology Solutions, Inc. (“Figure”) today announced the pricing of its initial public offering of 31,500,000 shares of its Class A common stock at a public offering price of $25.00 per share. The shares of Class A common stock are expected to begin trading on the Nasdaq Global Select Market on September 11, 2025 under the ticker symbol “FIGR.” The offering is expected to close on September 12, 2025, subject to satisfaction of customary closing conditions. The

FDG Web Marks 25th Anniversary, Defying Digital Agency Lifespan with Down-to-Earth Solutions and U.S.-Based Team

Lastest from Businesswire - Wed, 09/10/2025 - 21:33
ARLINGTON, Wash.--(BUSINESS WIRE)--FDG Web, a web design and development agency, is celebrating its 25th anniversary this month, a rare milestone in an industry where most agencies dissolve in fewer than five years. The company credits its longevity to a disciplined, client-first approach, a commitment to a 100% U.S.-based team, and a forward-thinking embrace of new technologies as it expands its team and services. Founded in 1999, FDG Web has navigated a quarter-century of technological change

Veritone Announces Pricing of $25 Million Public Offering

Lastest from Businesswire - Wed, 09/10/2025 - 21:33
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the pricing of an underwritten public offering of 9,505,705 shares of its common stock. The shares of common stock are being sold at a public offering price of $2.63 per share. The aggregate gross proceeds to Veritone from this offering are expected to be approximately $25 million, before deducting underwriting discounts and commissions and other estimated offerin

BlackRock Announces Update to BMEZ, BSTZ, and BTX Managed Distribution Plans

Lastest from Businesswire - Wed, 09/10/2025 - 21:33
NEW YORK--(BUSINESS WIRE)---- $BMEZ--The Board of Trustees (the "Board") of BlackRock Health Sciences Term Trust (BMEZ), BlackRock Science and Technology Term Trust (BSTZ), and BlackRock Technology and Private Equity Term Trust (BTX) (the “Funds”) approved updates to each Fund’s managed distribution plan that will take effect with the October 2025 distribution. The Funds will change from a floating rate distribution to a level rate distribution at the stated monthly rates provided below. These changes se

Soleno Therapeutics, Inc. (SLNO) Under Investigation After Scorpion Capital Report Raises Drug Safety Concerns; Investors Urged to Contact Award-Winning Firm, Gibbs Mura

Lastest from Businesswire - Wed, 09/10/2025 - 21:33
OAKLAND, Calif.--(BUSINESS WIRE)---- $SLNO #SLNO--Gibbs Mura is investigating legal claims on behalf of investors of Soleno Therapeutics, Inc. (NASDAQ: SLNO).

Certain BlackRock Sector Equity Closed-End Funds Announce Updates to Investment Objectives and Principal Investment Strategies

Lastest from Businesswire - Wed, 09/10/2025 - 18:33
NEW YORK--(BUSINESS WIRE)---- $BCX--The BlackRock Sector Equity Closed End Funds (CEFs) listed below (the “Funds”) announced today that each Fund’s Board of Trustees (the "Board") has approved the following updates to the Funds’ respective investment objectives and principal investment strategies. Effective 11/10/2025, the Funds’ investment objectives will be changed as indicated below. Investment objective changes BlackRock Sector CEFs   Ticker   Current Investment Objective   Proposed Investment Objec

FHLB Dallas and Bonvenu Bank Award $432,000 in Grants for Storm-Resistant Roofs

Lastest from Businesswire - Wed, 09/10/2025 - 18:33
METAIRIE, La.--(BUSINESS WIRE)-- #affordablehousing--Thirty Louisiana homeowners are receiving new roofs designed to provide protection against severe weather thanks to nearly $432,000 in grants awarded by The Federal Home Loan Bank of Dallas (FHLB Dallas) through Bonvenu Bank. The grants are funded by FHLB Dallas FORTIFIED Fund, which allocated $10 million this year for homeowners to receive up to $15,000 for roof replacements and up to $7,500 for new-construction roofs. All grants are distributed through FHLB Dal

East Texas Entrepreneurs to Benefit from $54K Grant from FHLB Dallas, Austin Bank and Woodforest National Bank

Lastest from Businesswire - Wed, 09/10/2025 - 18:33
TYLER, Texas--(BUSINESS WIRE)--In a notable boost to East Texas entrepreneurs, the Federal Home Loan Bank of Dallas (FHLB Dallas), Austin Bank and Woodforest National Bank® have awarded $54,000 in Partnership Grant Program (PGP) funding to Greater Texas Community Capital Finance (GTCCF), doing business as Lending Avenue®. This funding, presented during a check ceremony today, will empower underserved entrepreneurs by supporting expanded access to affordable capital and financial education. “We

AM Best Assigns Issue Credit Ratings to Elevance Health, Inc. New Senior Unsecured Notes

Lastest from Businesswire - Wed, 09/10/2025 - 18:33
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb+” (Good) to Elevance Health Inc.’s (Elevance Health) (headquartered in Indianapolis, IN) newly issued senior unsecured notes of $750 million, 4.0% senior unsecured notes, due 2028; $750 million, 4.6% senior unsecured notes, due 2032; $1 billion, 5.0% senior unsecured notes, due 2036; and $500 million, 5.7% senior unsecured notes, due 2055. The outlook assigned to this Credit Rating is stable. The procee

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