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NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2024-NQM1 Trust (OBX 2024-NQM1), a $413.6 million non-prime RMBS transaction. The underlying collateral, comprising 894 residential mortgages, is characterized by a notable concentration of alternative income documentation (90.7%). The loans are either classified as non-qualified mortgages (Non-QM) (55.6%) or exempt (44.4%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due t

NEW YORK--(BUSINESS WIRE)--Elliott Advocacy, the nonprofit online consumer advocacy organization, has opened the ballot for its 2024 Readers’ Choice Award, which recognizes excellence in customer service across 18 categories. Votes can be cast now until noon, January 22, 2024. To vote, please visit: https://elliottadvocacy.org/awards/ Winners will be announced on January 23, 2024. Sponsored by Medjet, the leading air medical transport and security response membership program for travelers, the

PHOENIX--(BUSINESS WIRE)--Nicole Stanton has joined Dorsey & Whitney LLP as a Partner in Phoenix, continuing the growth of this successful office. Nicole is a veteran litigation and legal ethics counsel with over 20 years of experience. Most recently, Nicole served as the Vice President and General Counsel for Trulieve Cannabis Corp., a publicly traded company operating in nine states with $1.2 billion in annual revenue. Nicole received the Public Company General Counsel of the Year award b

RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial Group (NYSE: LNC) today announced that the company has been named to the prestigious Dow Jones Sustainability Index (DJSI) North America for the eighth consecutive year by the S&P Global Corporate Sustainability Assessment (CSA). This index recognizes companies demonstrating leadership in environmental, social and governance (ESG) performance and signifies Lincoln Financial’s continued commitment to corporate responsibility and sustainability.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Carlyle Credit Income Fund f/k/a Vertical Capital Income Fund (the “Fund”) (NYSE: CCIF; VCIF) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Fund investments or would like to inquire about potentially pursuing claims to recover your loss und

GREENWICH, Conn.--(BUSINESS WIRE)--Forward Consumer Partners Closes Debut Fund at $425 Million Hard Cap

NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan. Under the Fund’s managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 8% (or 0.6667% per month) for 2024, based on the net asset value of $14.31 of the Fund’s common shares as of December 31

STAMFORD, Conn.--(BUSINESS WIRE)--HealthCare Royalty (“HCRx” or the “Company”), a leading middle market royalty acquisition firm that has invested $5+ billion in over 85 biopharmaceutical products since inception, today announced several important firm developments: Closing of Additional Vehicle Focused on Debt Investments HCRx closed a new vehicle that will focus primarily on providing debt solutions to emerging biopharmaceutical companies. Between this new fund and the firm’s inaugural debt-f

FT. LAUDERDALE, Fla.--(BUSINESS WIRE)-- #BPO--iQor Expands in Medellín, Colombia; Global BPO Experiences Growing Demand for Omnichannel Services in South America

HOLLYWOOD, Fla.--(BUSINESS WIRE)--Great Speech and Bennie Announce Partnership to Expand Access to Virtual Speech Therapy for Members of All Ages

NEW YORK--(BUSINESS WIRE)-- #IPO--ICR, a leading strategic communications and advisory firm, today released its January 2024 SPAC Market Update & Outlook report. In 2023, the SPAC market worked through the issuance and deal-making excess of 2020 and 2021. Only 32 SPAC IPOs priced as investors placed greater importance on sponsors with a track record of success. The average SPAC IPO size declined to $125 million, down 21% from 2022, as sponsors acknowledged lower median deal values; 14% of mergers

PLYMOUTH, Mich.--(BUSINESS WIRE)--Schwartz Investment Counsel, Inc. (the Firm), the investment adviser for Ave Maria Mutual Funds, has announced promotions effective January 1, 2024, for Timothy Schwartz, Brandon Scheitler, and Anthony Gennaro. Timothy S. Schwartz, CFA the Firm’s President, has been named Chief Executive Officer, a role previously held by his father, founder and Chairman, George P. Schwartz, CFA. George commented, “With 26 years at the company, Tim brings a wealth of experience

LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)-- #HCM--Heartland Motor Company, the family-owned parent company for a group of auto dealerships and car washes, is transforming its workplace culture.

NEW YORK--(BUSINESS WIRE)--DLA Piper advised Alder Technology Inc. (Alder), a leading provider of sophisticated network engineering, network security and data management services and solutions supporting the national security mission, in its business combination with technology solutions company Acclaim Technical Services (ATS). Alder offers industry-leading mission IT services for Tier 1-3 networks, including software-defined networking, cloud adoption, network automation, advanced cybersecuri

PHOENIX--(BUSINESS WIRE)--RevsUp, a leading North American sales recruitment firm, today announced a groundbreaking pricing model where companies pay a fee after their hires have generated revenue for the company. The new model contains three key components – each unprecedented in the space. No more antiquated “percentage-of-salary” fee structure. Instead, companies will evaluate their hires for 6 full months, then pay a Success Fee based on the hire’s financial performance. 180-day payment ter

SEATTLE--(BUSINESS WIRE)--Keller Rohrback L.L.P., the noted complex litigation law firm headquartered in Seattle, welcomes attorney Katherine Klein who will be joining the firm’s Denver, Colorado office. Ms. Klein earned her J.D. in 2021 from the University of Denver Sturm College of Law. Prior to joining Keller Rohrback, she served as a law clerk, first for the Honorable Stephanie L. Scoville in the 2nd Judicial District for the State of Colorado, and more recently for the Honorable John Danie

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Despite ongoing pressure from catastrophe-related and secondary peril losses, insurers within the U.S. property/casualty (P/C) industry have been able to bolster their bottom-line financial results by cutting underwriting expenses, according to a new AM Best report. The U.S. P/C industry segment has cut 2.6 percentage points from its underwriting expense ratio over the past decade, reducing the figure to 25.7 in 2022. According to the Best’s Special Report, title

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA releases a report comparing the credit metrics between the 2023 5-year and 10-year conduit deals. In 2023, the commercial real estate (CRE) securitization market offered 5-year fixed rate loans to borrowers hesitant to lock in longer-term 10-year loans. This led to the market’s first CMBS conduit deal issuance that solely comprised 5-year loans. Ten transactions followed, bringing the total 5-year issuance to $8.8 billion, representing 44.7% of the year’s conduit

NEW YORK--(BUSINESS WIRE)--Rockefeller Capital Management (Rockefeller) today announced that Alexandra Lebenthal, a 39 -year veteran in financial services and industry leader, has joined the firm as a Managing Director and Senior Banker. In her new position, Lebenthal will lead efforts within Rockefeller Strategic Advisory, the firm’s investment banking arm, to connect with and serve financial sponsor clients as well as women led and owned businesses. Her addition to Strategic Advisory’s cadre

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Microvast business and prospects, resulting in its stock trading at inflated prices.