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Blackstone Announces Agreement to Acquire Hill Top Energy Center in Western Pennsylvania for Nearly $1 Billion
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone Energy Transition Partners (collectively, “Blackstone Energy Transition Partners”) have entered into a definitive agreement to acquire Hill Top Energy Center (“Hill Top”), a 620-megawatt natural gas power plant in Western Pennsylvania for nearly $1 billion, from Ardian, a global private investment firm. This transaction follows Blackstone’s recent July 2025 announcement that it
Ripple Commits $25M to Boost American Small Businesses and Veteran Career Success
SAN FRANCISCO--(BUSINESS WIRE)--Ripple, a financial technology company that offers crypto solutions for businesses, today announced a $25 million commitment to leading nonprofits Accion Opportunity Fund and Hire Heroes USA. This funding, delivered in Ripple USD (RLUSD), Ripple’s U.S. dollar-backed stablecoin, will expand access to capital for underserved small business owners and create career pathways for veterans and military spouses. It will also equip entrepreneurs with digital payment tool
Ameribrands Expands National Hospitality Renovation Capabilities with Genesis Acquisition
ATLANTA--(BUSINESS WIRE)--Ameribrands, a holding company of businesses delivering exceptional value-added solutions to multi-site brands nationwide, announced today the acquisition of Genesis Hotel Services (“Genesis”), a well-respected provider of hotel and hospitality property renovation services headquartered in Dallas, Texas. The addition of Genesis strengthens Ameribrands’ ability to deliver fast, consistent, and large-scale renovation projects across the hospitality sector. With more than
Rangers Announce Centennial Season Theme Nights and Initiatives Celebrating 100 Years of Franchise History
NEW YORK--(BUSINESS WIRE)--The New York Rangers announced today a full slate of Centennial season theme nights and initiatives that will celebrate the franchise’s 100th anniversary. The year-long campaign will honor the team’s historic legacy and deep roots in the community through special theme nights at Madison Square Garden, unique fan experiences, community-driven programs, alumni appearances and more. “We are looking forward to the celebration of the Rangers Centennial season – one that wi
Huron Ranked Second in ‘Best Firm to Work For’ Large Firm Category by Consulting Magazine
CHICAGO--(BUSINESS WIRE)--Global professional services firm Huron (NASDAQ: HURN) today announced it has once again been named a Best Firm to Work For by Consulting magazine. This year marks the fifteenth consecutive year Huron has earned this distinction, underscoring the company’s dedication and commitment to fostering an environment where employees feel valued, supported, and empowered to make an impact. “Our recognition as a Best Firm to Work For is a direct reflection of the passion, collab
QED Investors Promotes Victoria Zuo to Partner
ALEXANDRIA, Va.--(BUSINESS WIRE)--Leading global fintech venture capital firm QED Investors announced today that it has promoted Victoria Zuo from principal to partner. Based in San Francisco, Victoria is part of the early stage domestic team with a focus on fintech investments and is one of 20 investment professionals at QED. “Over the past three years, Victoria has progressed from a rising star to a well-respected leader within our team,” said QED Managing Partner and Co-Founder Nigel Morris.
KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2025-HYB1 (SEMT 2025-HYB1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 12 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-HYB1 (SEMT 2025-HYB1), a prime RMBS transaction comprising 299 seasoned hybrid adjustable-rate mortgages (ARMs) with an aggregate principal balance of $347.4 million. The top originators of this transaction are Rocket Mortgage, LLC (19.6%), Cornerstone Capital Bank (12.5%) and Guaranteed Rate (10.8%) KBRA’s rating approach incorporated loan-level analy
Bryn Mawr Trust Strengthens Wealth Business with Strategic Leadership Appointments
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, announced today a series of key leadership appointments within its wealth management division, reinforcing its commitment to growth and talent, while aligning with their strategic plan to double their wealth business in the next three years. Michael Mendelson has joined Bryn Mawr Trust as Senior Vice President, Chief Operating Officer. In this role, he will be responsible for dri
Wellspring Family Office Announces Strategic Partnership with The Pritzker Organization
CLEVELAND--(BUSINESS WIRE)--Wellspring Family Office has entered a strategic partnership with The Pritzker Organization (TPO). This partnership strengthens Wellspring’s ability to serve families with expanded capacity and specialized services while preserving its independence, values, and client-first culture. For more than 70 years, TPO has partnered with exceptional leaders and businesses, focusing on thoughtful investments with long-time horizons. Unlike private equity, which prioritizes sho
CIM Group Advances Hospitality Lending Focus Closing $73.5 Million for Two Hilton Brand Hotels in Louisiana and Pennsylvania
LOS ANGELES--(BUSINESS WIRE)--CIM Group closes loans totaling $73.5 million backed by two Hilton branded hotels.
Orion Expands Investment Solutions Lineup with Addition of SpiderRock Option Overlay SMAs
OMAHA, Neb.--(BUSINESS WIRE)--Orion, a premier provider of transformative wealthtech solutions powering the growth of financial advisors and the enterprise firms that serve them, today announced the addition of SpiderRock Advisors’ option overlay separately managed accounts (SMAs) to its Wealth Advisory platform, expanding the breadth of strategies available to advisors and their clients. SpiderRock Advisors, a part of BlackRock, provides customized option overlay strategies to investors, combi
BRY Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Berry Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Berry Corporation (NASDAQ: BRY) to California Resources Corporation for 0.0718 shares of California Resources common stock for each share of Berry common stock is fair to Berry shareholders. Halper Sadeh encourages Berry shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or z
Summit Financial Advisors Joins MAI Capital Management
CLEVELAND--(BUSINESS WIRE)--MAI Capital Management (“MAI”) announced the acquisition of Summit Financial Advisors, LLC (“Summit”).
Osaic Raises Curtain on ConnectED 2025, Flagship Conference for Advisors, featuring Keynote Chip and Joanna Gaines
SAN ANTONIO--(BUSINESS WIRE)-- #Community--Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management solutions, yesterday kicked off ConnectED 2025, its flagship conference that brings together more than 5,000 participants, in person and virtually. The three-day program, which runs through September 16, features elevated networking, over 200 interactive breakout sessions, and marquee speakers Chip and Joanna Gaines, stars of HGTV’s Fixer Upper and founders of Magnolia. Guided by the
Arch Raises $52M Series B to Modernize Private Markets Infrastructure
NEW YORK--(BUSINESS WIRE)--Arch, the digital way to track all private market investments, today announced it has raised $52 million in Series B funding.
Kerlan Jobe Physicians Sue Cedars-Sinai For Defamation, Retaliation, and Putting Patient Care at Risk for First Responders and World-Class Athletes
LOS ANGELES--(BUSINESS WIRE)--Two members of the Kerlan Jobe Orthopaedic Clinic – an internationally-recognized clinic for innovation and care, and one of America’s most respected sports medicine practices – have filed a lawsuit against Cedars-Sinai Medical Center, its nonprofit foundation, and affiliated outpatient surgical facilities. Dr. Daniel Kharrazi and Dr. Ronald Kvitne allege defamation, retaliation, sex discrimination, and unlawful actions that not only harmed their careers, but more
LRN Unveils Catalyst Phishing: Empowering Security and Compliance Teams to Tackle Human Risk
NEW YORK--(BUSINESS WIRE)--LRN Corporation announces the launch of Catalyst Phishing, a new phishing simulation and training solution.
Harbor Capital Advisors Celebrates 3-Year Anniversary of OSEA, the Harbor ETF Managed by Strategic Partner C WorldWide
CHICAGO--(BUSINESS WIRE)--Harbor Capital Advisors, Inc. ("Harbor"), the asset manager that curates a select suite of predominantly actively managed ETFs, mutual funds, and collective investment trusts, celebrates three years since launching the Harbor International Compounders ETF (OSEA). “We began our partnership with C WorldWide over three years ago, culminating with the launch of OSEA. We are steadfast in our belief there is a critical role in portfolios for international markets exposure an
Morgan Stanley Investment Management Launches Online Education Centers Dedicated to Investment Tax Management and Investing in Alternatives
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) today announced the debut of the Tax Forward Investing Center and the Alternatives Investing Center. These education platforms will provide enhanced resources focused on two critical areas of asset management and will better position advisors to enhance client outcomes and provide meaningful investment guidance. Built for financial advisors, the Tax Forward and Alternatives Investing Centers will include continuing education
WorkBoard Posts Record 1H Growth Accelerated by AI Agents
REDWOOD CITY, Calif.--(BUSINESS WIRE)--WorkBoard today announced record growth in 1H, fueled by executive urgency to improve strategy execution, strong adoption of its new AI agents, and partnerships with Workday and Microsoft. Year over year sales rose 30% and quarter of quarter sales grew 50% in Q2 with 40% of new business from Europe. Twenty-nine new enterprise customers purchased WorkBoardAI in the first half of the year, including companies across Technology, Healthcare, Financial Services