Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--Blackstone today announced the final close of the first series of its evergreen institutional U.S. direct lending fund, Blackstone Senior Direct Lending Fund (“BXD”). Blackstone has closed on approximately $22 billion of investable capital for the inaugural series of BXD and related vehicles, including anticipated leverage, exceeding our $10 billion target. This brings Blackstone’s global direct lending platform to over $123 billion in assets under management as of th

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended September 30, 2024. The detailed earnings report and investor presentation can be accessed online at https://investor.ff-inc.com/financials/quarterly-results/default.aspx. At 8 a.m. PT / 11 a.m. ET, President and Chief Executive Office

NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (the “Company” or “PJT Partners”) (NYSE: PJT) today announced its financial results for the third quarter and nine months ended September 30, 2024. Revenues The following table sets forth revenues for the three and nine months ended September 30, 2024 and 2023:     Three Months Ended September 30,           Nine Months Ended September 30,           2024     2023     % Change     2024     2023     % Change     (Dollars in Millions) Revenues     Adviso

NEW YORK--(BUSINESS WIRE)-- #AssetManagement--HUB is pleased to announce that Windstream Partners has selected HUB Performance Reporting, a SaaS solution designed to automate reporting processes and enhance operational oversight. HUB Performance Reporting - Maximize your performance reporting team's productivity and adapt to new reporting needs simply and easily. Windstream Partners, an outsourced C-suite solutions provider is utilizing HUB to automate performance reporting; standardizing factsheet generation, re

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the third quarter ended September 30, 2024: Third Quarter 2024 Financial Highlights: GAAP net income of $97.0 million, or $0.20 per diluted common share(1) Earnings available for distribution of $270.3 million, or $0.54 per diluted common share(1)(2) Common dividend of $129.9 million, or $0.25 per common share Book value per common share of $12.31(1

NEW YORK--(BUSINESS WIRE)--MSCI Inc. (“MSCI” or the “Company”) (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced its financial results for the three months ended September 30, 2024 (“third quarter 2024”) and nine months ended September 30, 2024 (“nine months 2024”). Financial and Operational Highlights for Third Quarter 2024 (Note: Unless otherwise noted, percentage and other changes are relative to the three mo

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Ranjit Kripalani and William Addas as independent members of the Board, each effective as of November 1, 2024. “We are extremely excited to announce Ron and Will as new additions to our Board of Directors during an exciting time in Rithm Capital’s growth as an asset manager,” said Michael Nierenberg, Chairman, Chief Exe

INDIANAPOLIS--(BUSINESS WIRE)-- #Culture--National OFCCP compliance solutions provider and diversity, equity, and inclusion (DEI) advocate DirectEmployers Association is pleased to announce it has been awarded Silver in the Workplace Culture Category of the 20th Annual Davey Awards. The winning submission, filmed and produced by Recruit Rooster in February 2024, captures a gathering of the DirectEmployers Women’s Inclusion Network (WIN) employee resource group (ERG) at Hope Center Indy, an Indianapolis or

ST. LOUIS--(BUSINESS WIRE)--Silverchair, a portfolio company of Thompson Street Capital Partners (TSCP), announced today that is has entered into a definitive agreement with Clarivate Plc (NYSE:CLVT) to acquire ScholarOne, a leading provider of software and services to scholarly publishers and societies. Terms of the transaction were not disclosed. Founded in 1993 and based in Charlottesville, VA, Silverchair provides a suite of software and services to leading global publishers of scientific,

LONDON & NEW YORK--(BUSINESS WIRE)-- #AI--Auquan is the first AI solution to leverage an AI agent architecture and RAG to automate deep knowledge-intensive workflows in financial services.

PHILADELPHIA--(BUSINESS WIRE)-- #AI--A new study by AI at Wharton, a research center at the Wharton School of the University of Pennsylvania, in collaboration with GBK Collective, reveals a dramatic rise in generative AI (Gen AI) adoption across key business functions, as companies move from cautious exploration to rapid integration. The report, “Growing Up: Navigating Gen AI’s Early Years,” surveyed more than 800 enterprise decision-makers across the U.S., highlighting the rapid evolution of AI usag

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Moloco, a leader in operational machine learning (ML) and performance advertising, today announced the results of a new research study, Beyond Borders: Mobile Gaming Insights for Global which shows that mobile gaming app marketers are overly focused on a limited number of countries. This research suggests that mobile gaming app marketers around the world may be missing out on hidden opportunities in additional countries that would accelerate user acquisiti

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #AI--Bloomreach announced its partnership with Planet, a leading provider of integrated payments and software platforms for retailers.

AUSTIN, Texas--(BUSINESS WIRE)--UserTesting, the leading provider of human insights for innovators, today announced the launch of its new quarterly Pulse Reports series, starting with the release of its Q4 2024 reports. These consumer trend reports deliver critical insights for five major industries: Retail, Healthcare, Financial Services, Media & Entertainment, and High Tech. Each report addresses the most pressing challenges and opportunities organizations face today—whether it’s navigati

SAN FRANCISCO & MORRISVILLE, N.C.--(BUSINESS WIRE)--Carta, the software platform purpose-built for private capital, today announced the company has acquired Tactyc, the first software to bring forecasting and planning to private funds. The acquisition will give fund CFOs and GPs a strategic edge by providing real-time insights and data-driven analysis that are crucial for effective capital deployment and delivering returns for investors. “Carta connects everyone in private capital — from invest

LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--UKG: Summary: According to the UKG Workforce Activity Report, which provides a first look at labor trends at U.S. businesses for the month of October, workforce activity declined 1.9%. While the decrease is larger than historical norms, it can be directly attributed to Hurricanes Helene and Milton.   Commentary: Edward Hearn, Ph.D., Lead Labor Economist, UKG “On the eve of the election, this month’s jobs report might be the most anticipated, and con

LONDON--(BUSINESS WIRE)--Smarsh research reveals that 66% of UK employees working in financial services are supportive of using AI to help detect NFM in their organisation.

BUSAN, South Korea--(BUSINESS WIRE)--Polymesh Association, a world-renowned permissioned blockchain infrastructure provider, will sign a strategic partnership agreement with BDACS, a leading blockchain and digital asset custody company in Busan, South Korea on October 29, 2024. BDACS CEO Hong Yul Ryoo and Polymesh Association CEO Bill Papp, along with representatives from both organizations, will attend the signing ceremony at the Grand Chosun Hotel in Busan. BDACS is the first Busan company an

LOS ANGELES--(BUSINESS WIRE)--TKO Investors Have the Opportunity to Join Investigation of TKO Group Holdings, Inc. with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--EVLV Investors Have Opportunity to Join Evolv Technologies Holdings, Inc. Fraud Investigation with the Schall Law Firm