Lastest from Businesswire

STAMFORD, Conn.--(BUSINESS WIRE)--Legal & General has today released the latest edition of its Pension Risk Transfer (PRT) Monitor, which analyses industry trends and market outlooks in the UK and US. Findings from the report show: The UK PRT market has completed an estimated £20bn of buy-ins and buyouts in the year to date The US market experienced a record breaking first half, estimated at $26bn Both markets are on track for one of their largest years ever, with a significant increase in

BOSTON--(BUSINESS WIRE)--BlueSnap, a global payment orchestration platform for leading B2B and B2C businesses, has appointed Bill Christensen as SVP, of Acquiring & Risk. Christensen will lead the company’s global acquiring and risk management teams, working to grow and manage relationships with processors and banks, as well as overseeing the underwriting and risk functions. He brings 20 years of experience in financial risk, electronic payments and credit cards to the role. Christensen pre

NEW YORK--(BUSINESS WIRE)--DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, announced today the hiring of Venu Palaparthi as its new Chief Operating Officer. In this role, Palaparthi will oversee DriveWealth’s risk and compliance functions, in addition to lending his strategic expertise to the company’s ongoing international expansion. He will begin in his new role on September 16th and report to Michael Blaugrund, CEO of DriveWealth. “We have thoughtfully

NEW YORK--(BUSINESS WIRE)--BRANDED, a leading digital consumer products platform and acquirer of disruptive challenger brands, and Heyday, a pioneer in digital brand creation, have reached an agreement for BRANDED to acquire Heyday and form a new company, Essor. With more than one billion social views, hundreds of bestsellers and approximately $400 million in annual revenue with substantial and growing profitability, Essor will house an exceptional portfolio of rapidly growing health & well

NEW YORK--(BUSINESS WIRE)--LetsGetChecked, a global healthcare solutions company, announced today the appointment of Melissa Fors Shackelford as Senior Vice President of Marketing. Melissa brings over 20 years of experience as a marketing executive in healthcare, having held key roles at industry-leading organizations including Optum, Hazelden Betty Ford, and Cigna’s Health Services Business, Evernorth. At LetsGetChecked, Fors Shackelford will lead the development and execution of comprehensive

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income 2024 Target Term Fund (NYSE: CBH) (“the Fund”) completed its termination and liquidation following the close of business on August 30, 2024. The termination and liquidation were performed in accordance with the Fund’s investment objectives and organizational documents, consistent with the Fund’s previously announced liquidation plans. Upon the Fund’s termination, the Fund had a final net asset value (NAV) of $9.2342 per common sh

NEW YORK--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the acquisition of two logistics assets totaling 1.1 million square feet in Fort Worth, Texas from institutional investors advised by J.P. Morgan Asset Management. The assets are strategically located in the Alliance submarket of Dallas-Fort Worth (“DFW”), which is anchored by two Class I rail lines, the BNSF Alliance intermodal terminal, and the Fort Worth

ATLANTA--(BUSINESS WIRE)--Fourcore Capital (“Fourcore” or the “Company”), an emerging leader in AI-powered, global asset and wealth management, today announced that it has signed a binding agreement with GEM Global Yield LLC SCS ("GGY"), part of GEM, a Luxembourg-based private alternative investment group, for a $500 million share subscription facility to be funded upon a public markets listing. The funds from the share subscription facility will be used to further accelerate the Company’s grow

NEW YORK--(BUSINESS WIRE)--Carl Marks Advisors, a leading investment bank offering financial and operational advisory services to middle-market companies, today announced that Jeffrey Pielusko has rejoined the firm as Managing Director, focusing on operational and financial restructurings. In addition, Aadil Khan has been promoted to Vice President. Pielusko's more than 15 years of experience includes in-court and out-of-court restructurings, acquisition advisory services, strategic advisory ro

NEW YORK--(BUSINESS WIRE)--Colbeck Capital Management, a leading middle-market private credit firm focused on strategic lending, is pleased to share that Evan Buckwalter from the firm’s Business Development group will be attending the Opus Connect NYC Private Debt Conference. The two-day event, to be held September 11-12 in New York City, will gather private lenders and debt-raise investment bankers from the United States and Canada for a series of interactive meetings and insightful panels exa

NEW YORK & DALLAS--(BUSINESS WIRE)--New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with over $55 billion in assets under management, today announced the completion of a merger among The Rawlings Group (“Rawlings”), Apixio’s Payment Integrity (PI) business, and VARIS to form the leading technology-enabled platform focused on lowering the cost of care across the healthcare system. The combination introduces a next level of payment accuracy and proactive iden

NEW YORK--(BUSINESS WIRE)--Forty-year hedge fund research executive Marc Greenberg, CFA, announced today he has launched Greener Pastures to advise long / short funds about how to optimize their research departments’ and investment professionals’ talent to improve firm performance. Greenberg, formerly Director of Research and Professional Development of Point72 Asset Management and the creator of the revolutionary quantamental Point72 Idea Lab, says many firms exist to find talent, but no firms

NEW YORK--(BUSINESS WIRE)--CAIS, the leading alternative investment platform for independent financial advisors, announced today that Kan Kotecha has joined the firm as the Chief Technology Officer. Kan Kotecha will lead a team of engineers across the entire CAIS platform with a focus on defining and building a unified operating system that will provide scale and simplification to the entire alternative investment lifecycle. Kan will also be a key thought leader as financial advisors, alternati

BOSTON--(BUSINESS WIRE)-- #BioTech--CytoTronics secures $13.5 million in seed extension financing and appoints Sameer Rohatgi of LYFE Capital to its Board of Directors

NEW YORK--(BUSINESS WIRE)--Lithic, a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market. This marks Lithic’s first entry into a non-U.S. market and introduces powerful multicurrency processing capabilities that position Lithic to support the most ambitious and innovative card program use cases. With this expansion, Lithic enables businesses to manage

SAN FRANCISCO--(BUSINESS WIRE)--Partnership provides Miami Dolphins and Hard Rock Stadium with risk management solutions customized for professional sports organizations and venues

BISMARCK, N.D.--(BUSINESS WIRE)--Harvestone Low Carbon Partners, LP (HLCP), one of America's leading decarbonization platforms, and a portfolio company of Energy Capital Partners (ECP), today announced that it closed a first-of-its kind tax equity financing with Bank of America. The transaction is associated with HLCP’s wholly owned subsidiary, Blue Flint Ethanol and associated Blue Flint companies (BFE), located near Underwood, North Dakota, which together, are generating, capturing, and seque

PHILADELPHIA--(BUSINESS WIRE)-- #GrowthMarketing--Intention.ly has been chosen to join the exclusive 2024 cohort of the HubSpot Partner Advisory Council (PAC).

NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) and Knot, an Amex Ventures portfolio company, have teamed up to launch a new pilot feature that simplifies adding payment information at select merchants. The feature rolled out as a limited pilot for select American Express customers to enable them to seamlessly add their payment information for some of their favorite merchants, including Bloomingdale’s, Hilton and Macy’s, to enjoy a continued smooth checkout experience. How it Works Knot

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, has been selected by the American Samoa Department of Human and Social Services (DHSS) to modernize and convert the U.S. territory’s legacy American Samoa Nutrition Assistance Program (ASNAP) system. As of 2024, nearly 5,000 needy, elderly, blind or disabled individuals in American Samoa receive ASNAP benefits from the government. These benefits provide ess