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HomeLight Launches AI-Powered Buy Before You Sell Product for Lenders and Agents; Raises $20M in Additional Equity

Mon, 08/26/2024 - 09:11
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--HomeLight launches AI-powered Buy Before You Sell product for lenders and agents; raises $20M in additional equity.

Zales Announces Sponsorship of Select Players in Matches at US Open and Unveils a Co-Branded Tennis Inspired Capsule Collection with Prince

Mon, 08/26/2024 - 09:11
AKRON, Ohio--(BUSINESS WIRE)--Today, in continued celebration of the brand’s 100th anniversary, Zales announces a sponsorship of select players during US Open matches, one of the most prestigious events in the tennis community. This sponsorship represents a strategic move to further imbed Zales at the intersection of fashion, sports, and culture to attract a younger consumer. During the Open, Zales will prominently feature its logo on players' uniforms, including a special player patch. In addi

Wellspring Financial Advisors Appoints New President and Chief Operating Officer

Mon, 08/26/2024 - 09:11
CLEVELAND--(BUSINESS WIRE)--Wellspring Financial Advisors (“Wellspring”), an independent, fee-only multi-family office offering comprehensive wealth management services to ultra-high-net-worth individuals and families, has appointed Jeff Kadlic as its new President and Chief Operating Officer. Kadlic will provide strategic and operational direction for the firm, with a particular focus on expanding the firm’s suite of services for its clients and driving operational efficiencies. Kadlic joins f

Taktile Appoints Jason Mikula as Head of Industry Strategy, Banking & Fintech

Mon, 08/26/2024 - 09:11
NEW YORK--(BUSINESS WIRE)--Taktile, recently named category leader in Decision Management Platforms by G2, is proud to announce the appointment of Jason Mikula as Head of Industry Strategy for Banking and Fintech. Mikula, who is a well-known industry thought leader, publishing his Fintech Business Weekly newsletter, a frequent guest on popular podcasts, and a sought-after speaker and moderator at marquee industry events, will help the company further innovate its product, go-to-market, and comm

Kraft Heinz to Participate at 2024 Barclays Global Consumer Staples Conference

Mon, 08/26/2024 - 09:11
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) announced today that Carlos Abrams-Rivera, Chief Executive Officer, and Andre Maciel, EVP and Global Chief Financial Officer, will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Thursday, Sept. 5, 2024, to discuss the Company’s business strategy. The session will begin at 11:15 a.m. Eastern time, and a live webcast will be available at ir.kraftheinzcompany.com. A re

Masimo Has the Right Leadership and Strategy to Drive Long-Term Value Creation

Mon, 08/26/2024 - 09:11
IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), a global leader in noninvasive monitoring technologies and audio products, today mailed a letter to stockholders in connection with its upcoming Annual Meeting of Stockholders (the “Annual Meeting”) to be held on September 19, 2024, highlighting the Company’s commitment to long-term value creation and the risks to its continued momentum and innovation if Politan were to gain control of the Company’s

G Squared Closes $1.1B Sixth Flagship Fund to Capitalize on Opportunity in Venture Capital Secondaries

Mon, 08/26/2024 - 09:11
CHICAGO--(BUSINESS WIRE)--G Squared, a growth-stage venture capital firm dedicated to supporting the capital needs of dynamic technology companies throughout their life cycles, today announced that it has raised $1.1B of committed capital for its sixth flagship fund, G Squared VI. In keeping with the firm’s long standing strategy, the majority of G Squared VI will be allocated to secondary market opportunities, providing growth capital and critical liquidity to the next generation of disruptive

SoFi to Participate in Upcoming Investor Conference

Mon, 08/26/2024 - 09:11
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the one-stop shop for digital financial services, today announced that it will participate in an upcoming investor conference. SoFi’s CEO, Anthony Noto, will participate in a moderated fireside chat discussion at the Goldman Sachs Communacopia + Technology Conference. Full session details for the conference appearance are as follows: Goldman Sachs Communacopia + Technology Conference Date: September 9, 2024 Time: 11:30 AM P

AI Risk, Inc. Partners with Fynancial to Bring Safe and Powerful AI to Wealth Management

Mon, 08/26/2024 - 09:11
GREENWICH, Conn.--(BUSINESS WIRE)-- #RIAs--Artificial Intelligence Risk, Inc. (AI Risk), a leader in AI governance, risk, compliance, and cybersecurity (AI GRCC) software, today announced a strategic partnership with Fynancial, a leading social financial platform for the wealth management industry. Through this collaboration, Fynancial will integrate AI Risk's proprietary AIR-GPT technology into its platform, providing advisors with a secure and innovative AI-powered solution. “We are thrilled to partn

DFA Veterans Launch Parkwoods Wealth Partners, Offering New Model for RIA Growth and Succession

Mon, 08/26/2024 - 09:11
ST. LOUIS--(BUSINESS WIRE)--Parkwoods Wealth Partners, LLC ("Parkwoods") today announced its official launch, introducing a new platform designed to support the growth and succession planning of registered investment advisors (RIAs). The firm also announced the successful integration of its first partner, FMF&E Wealth Management, LLC, based in Syracuse, NY. Parkwoods represents a significant development in the RIA space, founded by industry veterans with deep roots in the Dimensional Fund A

KKR Completes Acquisition of Varsity Brands from Bain Capital and Charlesbank

Mon, 08/26/2024 - 09:11
DALLAS & NEW YORK--(BUSINESS WIRE)--Varsity Brands (the “Company”), a leader in team sports, athletics and spirit, and KKR, a leading global investment firm, today announced the completion of the acquisition of Varsity Brands by KKR from Bain Capital and Charlesbank. As the new majority owner of Varsity Brands, KKR will support the Company as it continues to grow its business. The Varsity Brands platform offers an extensive range of high-quality, customized solutions, services and experiences t

Magnetar Closes $235 Million Venture Fund to Invest in Companies Leading the Generative AI Revolution

Mon, 08/26/2024 - 09:11
EVANSTON, Ill.--(BUSINESS WIRE)--Magnetar, a leading alternative asset manager, today announced the successful close of Magnetar AI Ventures Fund LP (“Magnetar AI Ventures” or the “Fund”), a $235 million venture fund that invests in early-to-growth stage companies advancing the generative AI revolution. The Fund builds on Magnetar’s history of investing opportunistically across the private-public continuum and serving as a long-term partner to portfolio companies. The Fund’s investor base is co

Sonde Health Awarded SBIR Phase II Contract to Develop Voice-Based Mental Health Monitoring Solutions for Department of the Air Force Personnel

Mon, 08/26/2024 - 09:11
BOSTON--(BUSINESS WIRE)-- #AirForce--Sonde Health secures SBIR Phase II contract to develop voice-based mental health monitoring solutions for U.S. Air Force personnel

Techstars and Northwestern Medicine Launch Accelerator Program for Entrepreneurs Transforming Healthcare

Mon, 08/26/2024 - 09:11
CHICAGO--(BUSINESS WIRE)--Techstars, a pre-seed investor, and Northwestern Medicine are collaborating to launch a new accelerator program that aims to advance healthcare innovation. Northwestern Medicine & Techstars Healthcare Accelerator will invest in the most promising early-stage healthcare startups, creating a pathway for founders to build high-growth companies dedicated to advancing quality care and patient outcomes. The program represents a shared commitment to shaping the future of

Gloria Feldt’s Digital AI Twin Unveiled on Women’s Equality Day

Mon, 08/26/2024 - 09:11
WASHINGTON--(BUSINESS WIRE)--Gloria Feldt, cofounder of “Take The Lead” and former CEO of Planned Parenthood, unveils her digital AI twin — Gloria Feldt digital twin — on Women’s Equality Day. Created by Twin Protocol, a pioneer in the development of ethically engineered, personalized generative artificial intelligence (AI) technology to foster a culture of continuous knowledge sharing, the partnership with Gloria Feldt will enable her to share her wealth of women’s leadership knowledge with wo

Alight Names Dave Guilmette as Chief Executive Officer

Mon, 08/26/2024 - 09:11
CHICAGO--(BUSINESS WIRE)--Alight Names Dave Guilmette as CEO. Company reiterates 2024 second half business outlook.

Prime Group Named a Top 10 Real Estate Value-Add Manager by PitchBook

Mon, 08/26/2024 - 09:11
SARATOGA SPRINGS, N.Y.--(BUSINESS WIRE)--Prime Group Holdings, LLC (“Prime Group”), a vertically-integrated private equity real estate firm based in Saratoga Springs, New York, is pleased to be recognized as one of the top 10 performing real estate value-add fund managers by PitchBook in its 2023 Global Manager Performance Score League Tables. PitchBook used a proprietary, data-driven methodology to evaluate and rank 2,182 fund strategies managed by 1,577 general partners based on their histori

MoneyLion Announces $20 Million Share Repurchase Program

Mon, 08/26/2024 - 09:11
NEW YORK--(BUSINESS WIRE)--MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, today announced that its Board of Directors has authorized the repurchase of up to $20 million of MoneyLion’s outstanding Class A common stock (the “Repurchase Program”). Under the Repurchase Program, MoneyLion may repurchase from time to time shares of its Class A common stock for cash through any manner, including open mark

Sensedia’s New Fintech API Accelerator Platform Unlocks Emerging Fintechs’ Business Agility and Ecosystem Potential

Mon, 08/26/2024 - 09:11
MIAMI--(BUSINESS WIRE)--Sensedia launches its Fintech API Accelerator Platform, an agile, adaptive embedded finance API and integration solution.

Redfin Reports Starter Homes Emerge as Bright Spot as Mortgage Rates Settle Near 15-Month Low

Mon, 08/26/2024 - 09:11
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Pending sales of starter homes climbed 10.2% year over year in July to the highest level since October 2022, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This shows that there may be signs of life for first-time homebuyers at the lower end of an otherwise sluggish market. Pending sales of middle-price homes (where the sales price was in the 35th-65th percentile of the market) fell 6.5% in July compar

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