Lastest from Businesswire
Omni Agent Solutions Acquired by Fortress Investment Group
NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Omni Agent Solutions Inc., a pioneer in bankruptcy and corporate restructuring case administration services, today announced it has been acquired by funds managed by affiliates of Fortress Investment Group (“Fortress”). Founded in 1970, Omni Agent Solutions provides services for Chapter 11 proceedings, including claims, noticing, and solicitation support, securities services, disbursements, and call center operations. Omni is known for its deep operation
GID Residential Expands Multifamily Development Platform with Florida Launch
NEW YORK--(BUSINESS WIRE)--GID, a vertically-integrated real estate owner, operator, developer and investor with $32.1 billion in assets under management, today announced the continued expansion of GID Residential Partners, its national residential development platform, with a strategic entry into the Florida market. The initiative will be led by industry veteran Omar Del Rio, who joins the firm as Senior Managing Director. Building on GID’s longstanding multifamily development experience, the
OpenFX Raises $94 Million Series A to Scale Cross-Border Money Movement
NEW YORK--(BUSINESS WIRE)--OpenFX, the FX infrastructure company revolutionizing the rails powering cross-border money movement, today announced it has raised $94 million in Series A funding from Accel, Atomico, Lightspeed Faction, M13, Northzone, & Pantera. Founded in 2024 by FalconX co-founder Prabhakar Reddy, OpenFX connects traditional banking systems with digital-native infrastructure, using stablecoins as an intermediary settlement rail to enable near-instant FX conversion and cross-b
Gresham House to Acquire a Majority Interest in US-based Molpus Woodlands Group to Form Top Three Global Timberland Investment Manager
LONDON & NEW YORK--(BUSINESS WIRE)--Gresham House, the specialist alternative asset manager, today has announced an agreement to acquire a majority interest in Mississippi-based Molpus Woodlands Group, creating one of the world’s largest timberland investment managers with approximately $8bn (£6bn+) of forestry assets under management (AUM). Financial terms were not disclosed, and the transaction remains subject to customary closing conditions, including regulatory approvals. Gresham House, wit
Pomeroy and Soroc Launch SmartServices and SmartWorkplace to End Enterprise Support Fragmentation
HEBRON, Ky. & WOODBRIDGE, Ontario--(BUSINESS WIRE)-- #AI--Pomeroy Technologies, LLC and its Canadian entity, Soroc Technology, today announced SmartServices, a unified, AI-powered suite that reimagines how work gets done across the enterprise using intelligent automation to autonomously predict, resolve, remediate, and optimize service delivery across functions. Built on BanzAI, Pomeroy’s proprietary adaptive AI platform, SmartServices replaces fragmented, ticket-driven models with a zero-touch opera
Franklin Templeton Announces Availability of 19(a) Notices for Certain Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related
Better Mortgage Doubles Warehouse Facility to $350 Million, Expanding Total Warehouse Capacity to $750 Million
NEW YORK--(BUSINESS WIRE)---- $BETR #BETR--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better,” “Better Mortgage,” “the Company,” “we,” “our” or “us”) today announced the successful amendment of its warehouse credit facility with a leading global banking institution, doubling the Company’s capacity of that facility from $175 million to $350 million. The expansion increases the Company's total warehouse capacity from $575 million to $750 million, significantly strengthening Better's ability to fu
Frazier Healthcare Partners Announces the Promotions of Ryan Lucero and Christina Reszka to General Partner
SEATTLE--(BUSINESS WIRE)--Frazier Healthcare Partners, a private equity firm focused exclusively on the healthcare industry, today announced the promotions of Ryan Lucero and Christina Reszka to General Partner. Mr. Lucero joined Frazier in 2016 and serves on the Boards of CareTria, EPTAM Precision, and Vatica Health. He has also been involved with several other Frazier portfolio companies, including Elevate Patient Financial Solutions, PCI, United Digestive, Alteon Health, and Solis Mammograph
Franklin Templeton Announces Availability of 19(a) Notices for Certain Closed-End Funds
BOSTON--(BUSINESS WIRE)--The 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO) are now available. These informational notices provide further details on the sources of the funds’ monthly distributions and follow the most recent distribution announcement. The table below provides an estimate of the sources of the Fund’s current distribution and its cumulative distributions paid this fiscal year-to-date. A
Personetics and Atomic Partner to Deliver Contextual and Measurable Deposit Growth
NEW YORK--(BUSINESS WIRE)--Personetics, the Cognitive Banking Platform, and Atomic, a leader in embedded financial connectivity, today announced their partnership to deliver a native, end-to-end solution for contextual direct deposit and bill payment switching within digital banking experiences. With this new capability, banks can identify the right customers and financial moments using transaction intelligence, and seamlessly design, trigger, execute and measure switching journeys within a sin
i2c Builds World-Class Leadership Team to Propel Growth Strategy and Global Expansion
REDWOOD CITY, Calif.--(BUSINESS WIRE)--i2c Inc., a global financial technology innovator, today announced the appointment of four industry leaders to its executive team. These strategic placements mark a significant milestone in the company’s evolution, underpinning i2c’s commitment to accelerating global expansion, strategic partnerships, and product innovation. New senior executives include Dean Scharmen Jr. as Chief Growth Officer, Mickey Lynch as Senior Vice President of Strategic Partnersh
RelPro Named to Inc.’s List of Fastest-Growing Companies in the Northeast for Fifth Straight Year!
SHORT HILLS, N.J.--(BUSINESS WIRE)-- #BusinessBanking--Inc. Magazine recognizes RelPro’s sustained growth in the publication’s 2026 Regional rankings.
Tema Launches First Pure-Play Space ETF to Offer SpaceX Exposure
NEW YORK--(BUSINESS WIRE)--Tema ETFs (“Tema”), a leader in institutional-quality and actively managed exchange-traded funds, today announced the launch of the Tema Space Innovators ETF (NASA). NASA is the first pure-play ETF focused exclusively on the modern space economy to include 10% direct exposure to SpaceX, one of the world’s most influential private companies. The global space economy is forecast to nearly triple by 2035,1 driven by falling launch costs, the rapid expansion of broadband
CPI Renews Multi-Year Strategic Partnership with Velera
LITTLETON, Colo.--(BUSINESS WIRE)---- $PMTS #CreditUnions--CPI renews a multi-year agreement with Velera, extending a 20+ year partnership supporting payment card programs for 4,000+ credit unions.
DigitalBridge and JEXI Complete Acquisition of Selected Data Center Assets from NEC Corporation
BOCA RATON, Fla. & TOKYO--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) ("DigitalBridge"), a leading global investor in digital infrastructure, and Japan Extensive Infrastructure, Limited ("JEXI") today announced the completion of the acquisition of select data center assets from NEC Corporation (“NEC”) by their respective affiliated funds. Following completion of the transaction, the data center assets will be operated as a new standalone platform. NEC will remain as the anchor custo
PGIM Appoints Robert Sockin as US Economist
NEWARK, N.J.--(BUSINESS WIRE)--PGIM has named Robert Sockin as its U.S. economist, effective immediately. With $1.5 trillion in assets under management*, PGIM is a leading global asset manager and among the largest global fixed income managers. Sockin joins a deeply experienced team of economists led by PGIM Vice Chair and Chief Global Economist Daleep Singh, who rejoined the firm in April 2025 from the White House, where he served as U.S. Deputy National Security Advisor for international econ
BitGo Launches Unified Digital Asset Financing Platform With Portfolio-Based Financing and On-Platform Lending
NEW YORK--(BUSINESS WIRE)--BitGo Prime, LLC (“BitGo Prime”), a subsidiary of BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), today announced the launch of a unified, on-platform financing offering designed to give institutions collateralized borrowing and lending capabilities integrated within BitGo’s institutional platform. As institutional participation in digital assets has grown, financing infrastructure has often remained fragmented - requiring multiple counterparties, manual processes, and c
Litify Launches Litify ACE, the Agentic Case Expert, to Power Proactive Legal Workflows
NEW YORK--(BUSINESS WIRE)--Litify, the leading AI-native Platform of Action for law firms and legal departments, today announced the launch of Litify Agentic Case Expert (ACE), a new capability designed to help legal teams move from insight to action without adding more tools or manual work. Even the most sophisticated legal teams are often slowed by administrative tasks, disconnected systems, and highly manual workflows. Litify ACE addresses this by acting as a proactive, autonomous teammate t
Schindler Elevator Corporation Names Jeremiah Heller as Chief Operating Officer for US Operations
MORRISTOWN, N.J.--(BUSINESS WIRE)--Schindler Elevator Corporation announces the appointment of Jeremiah Heller as Chief Operating Officer for U.S. Operations. After four years as Chief Operating Officer, more than 14 years with Schindler, and over 30 years in the elevator industry, Paul Bloom will officially transition into retirement on July 1, 2026. Over the coming months, Heller will work closely with Bloom to ensure a smooth and seamless transition. “Paul’s leadership, integrity, and unwave
ExchangiFi Accepted into Fintech Sandbox Data Access Residency Program
PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--ExchangiFi, the 351 Exchange Marketplace connecting wealth managers with ETF issuers, has been accepted to the Fintech Sandbox Data Access Residency.

