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Seward & Kissel Study Shows Hedge Fund Investors Seeking Strong Performance in High Interest Rate Environment

Tue, 04/16/2024 - 10:37
NEW YORK--(BUSINESS WIRE)--Against a backdrop of elevated interest rates, hedge funds led by new managers are responding to pressure to outperform, according to the 2023 edition of The Seward & Kissel New Manager Hedge Fund Study. Produced annually by the leading law firm to the private fund industry, the Seward & Kissel study reveals a substantial increase in the proportion of new managers launching with an incentive allocation hurdle, guaranteeing investors a baseline return before th

Ideon Names Benefits and Technology Leader Steve Swad as CEO

Tue, 04/16/2024 - 10:37
NEW YORK--(BUSINESS WIRE)--Steve Swad has joined Ideon as its new Chief Executive Officer, and Dan Langevin has been promoted to President and CTO.

Loft Labs – Inventors of Virtual Kubernetes Clusters – Raises $24 Million Series A

Tue, 04/16/2024 - 10:37
SAN FRANCISCO--(BUSINESS WIRE)-- #cloudnative--Creators of vCluster and DevPod, Loft Labs today announced $24 million Series A funding led by Khosla Ventures with participation from existing investors Fusion Fund, Surface Ventures, Emergent Ventures, and Berkeley SkyDeck Fund, with an additional angel investment from Kit Merker, one of the first product managers for Kubernetes at Google. The new round brings total financing for Loft, the leading provider of platform engineering building blocks, to $28.6 milli

UKG Named a Leader in HCM for Third Consecutive Year

Tue, 04/16/2024 - 10:37
LOWELL, Mass., and WESTON, Fla.--(BUSINESS WIRE)--For the third consecutive year, UKG Pro, the AI-powered HCM suite designed for larger organizations that prioritize cultures of trust and belonging, is a Leader in the Nucleus Research HCM Technology Value Matrix 2024 report. This latest honor comes on the heels of UKG being named a Leader in The Forrester Wave™: Human Capital Management Q2 2023 report, a Leader in the Gartner Magic Quadrant for Cloud HCM Suites report, and earning the highest o

KLDiscovery Announces Major Expansion of Capabilities in ReadySuite® 8

Tue, 04/16/2024 - 10:37
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- #KLD--KLDiscovery Inc. (“KLDiscovery”), a leading global provider of technology solutions for eDiscovery, information governance, and data management, announces a major expansion of capabilities in ReadySuite® 8. The software is long known for streamlining the way legal technologists view, modify, and validate load files for legal document production. ReadySuite 8 expands the product’s reach, allowing users to quickly and defensibly collect and prepare messaging

MDT Offers FedNow Service for Credit Union Community

Tue, 04/16/2024 - 10:37
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, is now supporting live transactions on the Federal Reserve's real-time payments network, the FedNow℠ Service, through Jack Henry’s faster payments hub, JHA PayCenter™. FedNow is an instant payments network that moves funds directly and immediately between financial institution ac

2024 Upton Sinclair Memorial Lecture Examines Silicosis Epidemic Among Artificial-Stone Fabricators during AIHA Connect

Tue, 04/16/2024 - 10:37
FALLS CHURCH, Va.--(BUSINESS WIRE)--The lecture is one of the scheduled events during AIHA Connect, AIHA’s annual conference and expo for OEHS professionals.

OrangeGrid Now Enabling Mortgage Servicers to Achieve Faster ROI When Pursuing Digital Transformation

Tue, 04/16/2024 - 10:37
DALLAS--(BUSINESS WIRE)--OrangeGrid, a provider of mortgage servicing software, has an entire suite of mortgage servicing workflow solutions including Collections, Bankruptcy, Foreclosure, Loss Mitigation, REO, Loss Analysis, Hazard Claims, Property Preservation & Inspections Oversight and is ready to help Mortgage Servicers with ROI modeling. The OrangeGrid executive team, which consists of seasoned technology providers in the mortgage servicing space, recognizes that quantifying ROI is a

Sunstone Partners Announces Growth Investment in Accuhealth

Tue, 04/16/2024 - 10:37
SAN MATEO, Calif.--(BUSINESS WIRE)--Sunstone Partners, a growth-oriented private equity firm focused on tech-enabled services and software companies, announced its investment in Accuhealth, a leading healthcare technology company offering comprehensive remote patient monitoring ("RPM”) and chronic care management (“CCM”) solutions encompassing hardware, proprietary software, and clinical monitoring to physician practices and health systems throughout the United States. Sunstone Partners' invest

New Savings Program Offers Higher APY by Combining Market Returns with a Guaranteed Yield

Tue, 04/16/2024 - 10:37
ZIONSVILLE, Ind.--(BUSINESS WIRE)--Gainbridge®, a Group 1001 company, and Save® Advisers, LLC, a technology and wealth management company, announced the launch of Market+ to address the needs of savers who want market participation with a minimum guaranteed return. Market+ offers a hybrid yield structure, featuring a 3% guaranteed annual yield (returned in the form of an annual payment) alongside a market-linked yield with a variable APY of 5.41%*. The investment program has a three-year term a

Baron Capital Announces Leadership Changes

Tue, 04/16/2024 - 10:37
NEW YORK--(BUSINESS WIRE)--Baron Capital announced today that Linda Martinson is planning to step down as president and chief operating officer at Baron Capital after 41 years of service. She will assume an advisory role with the Firm to ensure a smooth transition. David Baron and Michael Baron, vice presidents and portfolio managers at Baron Capital, will assume the roles of co-presidents. The Firm also announced Rachel Stern will join Baron Capital as chief operating officer. All changes will

Forrester Research To Broadcast Its 2024 First-Quarter Earnings Conference Call

Tue, 04/16/2024 - 10:37
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Forrester Research, Inc. (Nasdaq: FORR) will broadcast its first-quarter earnings conference call at 4:30 p.m. ET on April 30, 2024. The call will be available at Forrester.com. Investors who wish to hear the call should log on at least 15 minutes prior to the broadcast. Participants may pre-register for the call here. Instructions are provided to ensure that the necessary audio applications are downloaded and installed. Users can obtain these programs at no c

Grant Thornton names 51 Vets as its new Purple Paladin

Tue, 04/16/2024 - 10:37
CHICAGO--(BUSINESS WIRE)--Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, has named 51 Vets to its Purple Paladin program, which helps emerging nonprofit organizations move from “start-up to unstoppable.” As part of the program, Grant Thornton provides funding, business advice and volunteer support, while also helping nonprofits raise awareness of their work and mission. 51 Vets was founded in 2022 by Jordan Selleck, an investment banker

Workhuman Revolutionizes Workplace Insights, Launches Industry-First AI Assistant Powered by Unique Employee Recognition Data

Tue, 04/16/2024 - 10:37
FRAMINGHAM, Mass. & DUBLIN--(BUSINESS WIRE)-- #ai--Workhuman Launches Industry-First AI Assistant Powered by Unique Employee Recognition Data, Revolutionizing Workplace Insights

BDA to Host Bermuda Reception at RIMS’ RISKWORLD 2024

Tue, 04/16/2024 - 10:37
HAMILTON, Bermuda--(BUSINESS WIRE)--The Bermuda Business Development Agency (BDA), in partnership with Chubb, is proud to host a Bermuda Reception at RISKWORLD 2024, the annual conference of RIMS, the world’s largest risk management community, in San Diego, California. The Bermuda Reception will be held on Tuesday, May 7 from 5pm-7:30pm at the Sparks Gallery at 530 Sixth Ave., where hundreds of industry leaders will enjoy C-Suite networking, Bermuda entertainment, and the chance to win a weeken

Jaime Aldama Named as New President of Momentus Securities

Tue, 04/16/2024 - 10:37
NEW YORK--(BUSINESS WIRE)--Announcement of Jaime Aldama as President of Momentus Securities

Notable Three-Lawyer Labor and Employment Team Joins Seyfarth in California

Tue, 04/16/2024 - 10:37
LOS ANGELES--(BUSINESS WIRE)--Seyfarth Shaw LLP announced today the addition of a three-lawyer team to its labor and employment department further expanding its service offerings nationally and internationally. The trio of prominent employment litigators joins Seyfarth from Morgan Lewis & Bockius LLP. Clifford “Seth” Sethness has built a formidable reputation over the past two decades as a leading labor and employment attorney. He joins Seyfarth as a partner in its Labor & Employment de

Emplifi Names Veteran Marketing Leader Susan Ganeshan as Its New CMO

Tue, 04/16/2024 - 10:37
NEW YORK--(BUSINESS WIRE)--Emplifi, a leading customer engagement platform provider, today announced the appointment of Susan Ganeshan as its Chief Marketing Officer. Ganeshan will lead Emplifi’s marketing and growth initiatives while working cross-functionally within the organization to help global brands deliver a seamless experience throughout the customer journey. She will be actively involved with Emplifi’s clients to support their CX efforts ensuring they drive brand growth through mature

Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

Tue, 04/16/2024 - 10:37
BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that it has entered into a definitive agreement with Immersion Corporation (NASDAQ: IMMR) (“Immersion”), and certain of the Company’s existing shareholders and strategic partners, on the terms of new equity and refinancing transactions that will significantly strengthen BNED’s long-term financial position. The p

Barnes & Noble Education Adopts Short-Term Stockholder Rights Plan

Tue, 04/16/2024 - 10:37
BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that its Board of Directors has approved the adoption of a short-term stockholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of the Company’s common stock. The rights will be exercisable only if a person or group acquires 10% or more of the Company’s outstanding common

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