Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--Sound Point Capital Management, LP (“Sound Point”), a leading global alternative credit manager with more than $45 billion in assets under management, today announced the final closing of Sound Point U.S. Direct Lending Fund III (“USDL III” or the “Fund”), its largest direct lending fund to date, with $1.2 billion of total investable capital. Additionally, Sound Point Direct Lending closed on a separately managed account that is expected to grow to more than $500 mill

NEW YORK--(BUSINESS WIRE)-- #AbbottStillman--This Great Aspirations season has inspiring stories of individuals who achieved life fulfillment through intuition, opportunity, and determination.

PORTLAND, Ore.--(BUSINESS WIRE)--A new study from The Standard shows that Gen Z takes a forward-looking approach to money, wanting help with saving and planning — while managers and HR leaders think this age group is more worried about debt. Boost Financial Literacy, Build Gen Z Tenure explores frontline people managers’ views of Gen Z and benefits and compares these findings with previously reported data on Gen Z and HR decision-makers. Saving is No. 1 The study’s key finding: Managers, like H

NEW YORK--(BUSINESS WIRE)--Today, Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, released preliminary results from its 2024 National Survey of Employer-Sponsored Health Plans. According to an analysis of responses from over 1,800 US employers, total health benefit cost per employee is expected to rise 5.8% on average in 2025, even af

CHICAGO--(BUSINESS WIRE)--In the ever-evolving beauty industry, understanding and fulfilling meaningful consumer needs has become paramount, especially following significant shifts post COVID-19. NIQ today released its Global Beauty Innovation Report, powered by NIQ BASES Innovation Measurement providing a comprehensive view of the state of innovation and future trends in the beauty industry across 14 markets. Personal Care Brands embracing innovation in 2023 are 2.5 times more likely to see ov

NEW YORK--(BUSINESS WIRE)--Maverick Real Estate Partners LLC (“Maverick”) closed Maverick Lien Fund VII LP (the “Fund”), with commitments of $232.4 million from pension funds, endowments, foundations, and family offices. The Fund’s strategy is to invest in distressed real estate credit opportunities within New York City. This is Maverick’s seventh flagship fund focused on this core strategy. “There is $520 billion of commercial real estate debt in New York City, and we estimate that over 20% of

ATLANTA--(BUSINESS WIRE)--L.Maxwell Global, a trusted resource in retained search for executives in human capital and professional services, announced today that Kevin P. LeCompte has joined the firm as Chief Executive Officer. A proven leader in the staffing and consulting industry, LeCompte joins L.Maxwell from Atlanta-based private equity firm, Georgia Oak Partners, where he serves as operating partner and led efforts to build their human capital practice. Previously, he was President and CE

CHICAGO--(BUSINESS WIRE)--Reveal, the global provider of the leading AI-powered eDiscovery, investigations and compliance platform, and AlixPartners, the global consulting firm, announced today a pioneering new approach, which grants AlixPartners unlimited access to its Reveal AI platform. This partnership represents a new era of legal technology utilization, innovation and collaboration, where software and technology creators can work with market-leading, global litigation advisors to solve co

DANVERS, Mass.--(BUSINESS WIRE)--CCC's latest Town Hall brings together an international panel of experts to explore global legal landscape around AI and copyright.

OSHKOSH, Wis.--(BUSINESS WIRE)-- #4imprint--Promotional products retailer 4imprint earns 3rd consecutive best place to work award in 2024 from Fortune Best Workplaces in Advertising & Marketing.

BOSTON--(BUSINESS WIRE)-- #AceUp--AceUp announced a $22.5M Series A.

NEW YORK--(BUSINESS WIRE)--LRE Management (“LRE”), a privately-owned national real estate investment manager for family offices, ultra-high-net-worth investors and small- and mid-size institutions, today announced two new milestones for the firm. Patrick Cantlay, a top 10 world ranked professional golfer who competes on the PGA TOUR, joins LRE’s inaugural LRE Opportunity Fund I (“the Fund”) as an investor and General Partner, and becomes a member of the company’s newly formed advisory board. In

IRVINE, Calif.--(BUSINESS WIRE)-- #CIAM--SecureAuth, a leader in next-generation identity and access management (IAM) solutions, and a K1 Investment Management portfolio company, today announced the appointment of Tom Smith as Chief Revenue Officer. With more than 20 years of proven experience across SaaS, cybersecurity, and financial services sectors, Tom will play a pivotal role in fueling SecureAuth’s ambitious growth strategy and expanding its go-to-market initiatives globally. Tom’s extensive back

LITTLE ROCK, Ark.--(BUSINESS WIRE)--The Stephens Group, LLC (“Stephens Group” or the “Company”) is pleased to announce the promotions of Anthony Porcelli to Vice President and Bradley Ong to Senior Associate and the addition of Jacob Ham and Nicholas F. AmRhein as Investment Associates and Marco Schooley as a Value Creation Associate. Mr. Porcelli was promoted from Senior Associate to Vice President and will continue to assist the team’s investment efforts. Prior to joining Stephens Group in 20

DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Gestalt Tech, the unified data ecosystem that accelerates insights and AI adoption for lenders, has announced a $5.9 million seed round led by @Alpha Edison and @Yamaha Motor Ventures, with participation from others including @Alloy Labs, @Newtype Ventures, @Sentiero, @Long Run Capital. "We're excited that so many investors saw our vision of a unified data ecosystem for the lending industry. While we would have liked to have taken the entire amount t

NEW YORK--(BUSINESS WIRE)--Carver Edison and Pave Partner to Broaden Employee Ownership and Optimize Equity Programs for Public Companies

SAN FRANCISCO--(BUSINESS WIRE)--Affirm, the payments network that empowers consumers and helps merchants drive growth, released new research revealing consumer shopping behaviors and sentiments ahead of the 2024 holiday season, including the growing preference towards 0% APR financing options and Americans’ confidence levels around budgeting. The Power of 0% APR Affirm’s survey of 2,000 Americans revealed that nearly half of respondents (48%) are influenced by the availability of 0% APR options

FOLSOM, Calif.--(BUSINESS WIRE)--Magnit, today announced the release of Redeployment Marketplace, a solution designed to transform how organizations source contract workers.

FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, is proud to announce the expansion of its partnership with the Harlem Educational Activities Fund (“HEAF”) through the establishment of the HEAF and Cross River Scholarship Fund. This $25,000 fund aims to ensure underserved students have access to higher education and opportunities in the finance and technology industries. “Cross River’s commitment to

SAN FRANCISCO--(BUSINESS WIRE)-- #HSA--Lively, Inc., a top-rated health and lifestyle benefits platform* known for launching the modern Health Savings Account (HSA), today announces the release of its 2024 Employee Benefits Pulse Check report. The report presents data and insights around employee benefits decision making gathered from an anonymous survey of 250 US-based HR and benefits decision makers, collected in collaboration with CITE research. Overall, the report found that as financial stress an