Lastest from Businesswire

SAN FRANCISCO & FORT WORTH, Texas & NEW YORK--(BUSINESS WIRE)--TPG, a global alternative asset management firm, and The Visualize Group (“Visualize”), a next-generation investment firm founded by C. C. Melvin Ike to pursue public and private market transactions, today announced that they have entered into a strategic partnership. TPG, which is investing through TPG NEXT and will serve as a significant anchor investor in Visualize’s private equity strategy, joins a strong roster of investors tha

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash distribution on its shares of Class A Common Stock and Class B-1 Common Stock of $0.40 per share ($1.60 per share per year). This distribution will be paid to RMR’s shareholders of record as of the close of business on January 22, 2024 and distributed on or about February 15, 2024. About The RMR Group The RMR Group is a leading U.S. alternative asset management company, unique for its focus

NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, announced that it has provided a $10M senior factoring facility to a leading worker management software company. The facility will be used for working capital to help the company expand on the heels of its own successful equity raise. “With access to liquidity still a paramount business concern across sectors, WOCF is able to provide flexible financing solutions to leading companies acro

BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--Global analytics software leader FICO is expanding its FICO® Educational Analytics Challenge to students at Delaware State University, the third Historically Black College and University (HBCU) to adopt the program. This semester’s Analytics Challenge at Delaware State focuses on identifying and mitigating bias in data and decision models using a historical lending data. The FICO® Educational Analytics Challenge was created to amplify diversity, equity and inclu

MIAMI--(BUSINESS WIRE)--REX Shares (“REX”) in collaboration with Tuttle Capital Management (“TCM”), today adds three new products to the T-REX Single-Stock ETF suite: the T-Rex 2X Long Apple Daily Target ETF (CBOE: AAPX), the T-Rex 2X Long Alphabet Daily Target ETF (CBOE: GOOX), and the T-Rex 2X Long Microsoft Daily Target ETF (CBOE: MSFX). Created for seasoned traders, T-REX Single-Stock ETFs are the first and only single-stock ETFs offering 200% exposure to the daily price movements of some o

ATLANTA--(BUSINESS WIRE)--Momnt and Saluda Grade have closed an asset-backed revolving warehouse facility of up to $200 million from Macquarie.

BOSTON--(BUSINESS WIRE)--Circle Internet Financial (Circle) today announced that it confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC"), relating to the proposed initial public offering of its equity securities. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, subjec

NEW YORK & CINCINNATI--(BUSINESS WIRE)--The Kroger Co. (NYSE: KR), its consumer product investment platform PearlRock Partners (“PearlRock”), and MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, today announced the formation of MPearlRock, a strategic collaboration to introduce emerging consumer packaged goods (“CPG”) brands to new customers. MPearlRock combines MidOcean’s expertis

NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, is pleased to announce it has entered into a definitive agreement to sell Sportech, a leading designer, manufacturer and assembler of cab components and assemblies for a wide range of OEM customers, to Patrick Industries, Inc. (NASDAQ: PATK). The transaction is expected to close on or before January 24, 2024, and is subject to customary closing cond

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Southwestern Energy Company (NYSE: SWN) to Chesapeake Energy Corporation for 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock is fair to Southwestern shareholders. Upon completion of the proposed transaction, Southwestern shareholders will own approximately 40% of the combined company, on a fully diluted basis. Halper Sadeh encourages Southwestern sh

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company is fair to Chesapeake shareholders. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock. Upon completion of the proposed transaction, Chesapeake shareholders will own approximately 60% of the combined com

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sterling Power Opportunities, a subsidiary of Galway Sustainable Capital, Inc., has acquired a majority interest in Forsite Renewables, a Charlotte-based developer of solar and battery storage projects. The transaction, which funds the expansion of Forsite, marks the 34th strategic acquisition for Galway, a specialty finance firm that invests in businesses that deliver positive environmental and social benefits. Galway will retain the existing management team t

NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced the launch of the WisdomTree Bitcoin Fund (BTCW). The historic leading wave of spot Bitcoin ETFs marks the first time U.S. investors have access to exposure to the price of spot bitcoin within the ETF wrapper. The WisdomTree Bitcoin Fund (BTCW) is listed on the Cboe BZX Exchange with an expense ratio of 0.30%, although for a six-month period commencing today, the entire 0.30% will be waived (wh

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight named a Leader in Everest Group’s Global Multi-Country Payroll (MCP) Solutions PEAK Matrix® 2023

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight named a Leader in Everest Group’s Global Multi-Country Payroll (MCP) Solutions PEAK Matrix® 2023

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Promotion of Harry Harden to Chief Human Resources Officer

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of December 31, 2023 totaled approximately $246.7 billion. The month’s AUM included market appreciation of $8.5 billion, foreign exchange appreciation of $2.0 billion and net inflows of $0.2 billion. Preliminary average assets under management for the quarter ended December 31, 2023 were $233.9 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions

WILMINGTON, Del.--(BUSINESS WIRE)--Phreesia's Post-Script Engagement has been named to PM360's list of its 2023 Most Innovative Marketing Technologies or Services.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Transphorm, Inc. (NASDAQ: TGAN) to Renesas Electronics Corporation for $5.10 per share in cash is fair to Transphorm shareholders. Halper Sadeh encourages Transphorm shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whet

NEW YORK--(BUSINESS WIRE)--VanEck to launch spot Bitcoin ETF, ticker HODL. Firm was first established ETF issuer to file for a Bitcoin-linked ETF.