Lastest from Businesswire
SMBC Americas Hires Nick Stevenson to Lead TMT Corporate and Investment Banking
NEW YORK--(BUSINESS WIRE)--Nick Stevenson has joined SMBC Americas as Group Head of technology, media, and telecommunications (TMT) corporate and investment banking.
Liberty All-Star® Growth Fund, Inc. Declares Distribution
BOSTON--(BUSINESS WIRE)--The Board of Directors of Liberty All-Star Growth Fund, Inc. (NYSE: ASG) has declared a distribution of $0.12 per share payable on September 2, 2025 to shareholders of record on July 18, 2025. This distribution is in accordance with the Fund’s current distribution policy of paying distributions on its shares totaling approximately 8 percent of its net asset value per year, payable in four quarterly installments of 2 percent. A portion of the distribution may be treated
Deadline Soon: Compass Group Diversified Holdings (CODI) Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming July 8, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Compass Group Diversified Holdings (“Compass” or the “Company”) (NYSE: CODI) securities between February 24, 2022 and May 7, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON COMPASS GROUP DIVERSIFIED HOLDINGS (CODI), CLICK HERE
Liberty All-Star® Equity Fund Declares Distribution
BOSTON--(BUSINESS WIRE)--The Board of Trustees of Liberty All-Star Equity Fund (NYSE: USA) has declared a distribution of $0.18 per share payable on September 2, 2025 to shareholders of record on July 18, 2025. This distribution is in accordance with the Fund’s current distribution policy of paying distributions on its shares totaling approximately 10 percent of its net asset value per year, payable in four quarterly installments of 2.5 percent. A portion of the distribution may be treated as p
Affluent Investors Double Allocations to Alternative Investments, HSBC Investor Snapshot Finds
NEW YORK--(BUSINESS WIRE)--HSBC’s new Affluent Investor Snapshot 2025 reveals that affluent investors doubled their allocations to alternative investments over the past year. The trend looks set to continue, holding strong appeal into the future as investors seek to further diversify their portfolios. Around half of the global affluent investors in the survey of 10,797 individuals in 12 markets say they plan to own alternative investments within the next 12 months, doubling the current ownershi
Palisades Closes Multi-Originator Home Equity Investment Securitization
AUSTIN, Texas--(BUSINESS WIRE)--Palisades Group (“Palisades”), a wholly-owned subsidiary of Chimera Investment Corporation (NYSE: CIM) and an alternative asset manager in the residential credit and real estate markets, today announced that on June 30, 2025, Solve Funding LLC had sponsored SOLVE 2025-HEC1, a $112.1 million securitization backed by home equity investment assets (HEI). This transaction marks a milestone in the evolution of the HEI sector as the securitization featured collateral a
TEAM Technologies, an Arlington Capital Partners Portfolio Company, Expands Medical Device Manufacturing Capabilities with Acquisition of Duke Empirical, Inc.
WASHINGTON & KNOXVILLE, Tenn.--(BUSINESS WIRE)--Arlington Capital Partners (“Arlington”), a Washington, D.C.-area private investment firm specializing in government regulated industries, today announced that its portfolio company TEAM Technologies (“TEAM Tech”), a leading end-to-end outsourced manufacturer of mission-critical medical devices, has acquired another leader in the sector, Duke Empirical, Inc (“Duke”). Based in Morgan Hill, CA., Duke is a leading designer, developer and manufacturer
Olson Grimsley Founder Abigail Hinchcliff to be Honored by Colorado Women's Bar Association Foundation
DENVER--(BUSINESS WIRE)--Olson Grimsley is pleased to announce that firm co-founder Abigail Hinchcliff will be honored by the Colorado Women’s Bar Association Foundation at its upcoming 19th Annual Raising the Bar Celebration. Ms. Hinchcliff is one of four honorees recognized as “women who raise the bar by speaking truth to power, breaking barriers and leading through adversity.” According to the Foundation, honorees were also selected for demonstrating “courage in their work” and a “commitment
CIM Group Hires Veteran Financial Services Executive Paul Weisenfeld as Head of National Accounts in Expansion of Private Wealth Team
LOS ANGELES--(BUSINESS WIRE)--CIM Group adds Paul Weisenfeld to lead national accounts for Private Wealth Group
KBRA Assigns Preliminary Ratings to Westlake Automobile Receivables Trust 2025-2
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of notes issued by Westlake Automobile Receivables Trust 2025-2 (“WLAKE 2025-2”), an asset-backed securitization collateralized by a pool of auto loans. WLAKE 2025-2 will issue eight classes (Class A-2 consists of A-2-A and A-2-B) of notes totaling $1.3 billion. The ratings reflect initial credit enhancement of 41.25% for the Class A-1, Class A-2, and Class A-3 notes, through 9.30% for the Class E notes. Credit enhance
KBRA Releases Monthly CMBS Trend Watch
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the June 2025 issue of CMBS Trend Watch. Amid the geopolitical tensions in the Middle East and U.S. involvement, the CMBS private label market continued to demonstrate its strength, buoyed by high investor demand. The second quarter ended on an upbeat note, with 13 deals priced in June, including 12 single borrower transactions (SB), and one conduit, for a total issuance volume of $7.1 billion. On a year-over-year (YoY) comparison, year-to-date issuance
KBRA Releases Monthly CMBS Trend Watch
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the June 2025 issue of CMBS Trend Watch. Amid the geopolitical tensions in the Middle East and U.S. involvement, the CMBS private label market continued to demonstrate its strength, buoyed by high investor demand. The second quarter ended on an upbeat note, with 13 deals priced in June, including 12 single borrower transactions (SB), and one conduit, for a total issuance volume of $7.1 billion. On a year-over-year (YoY) comparison, year-to-date issuance
CORZ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Core Scientific Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Core Scientific (NASDAQ: CORZ) to CoreWeave for 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific common stock is fair to Core Scientific shareholders. Upon closing of the proposed transaction, Core Scientific shareholders will own less than 10% of the combined company. Halper Sadeh encourages Core Scientific shareholders to click here to le
Datavault AI Acquires SyncIN Audio Quick Response Technology from Turner Global Media
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Acquires SyncIN Audio Quick Response Technology from Turner Global Media
Bob's Discount Furniture Launches Entertaining New Social-First Reality Series: “Till Decor Do Us Part"
MANCHESTER, Conn.--(BUSINESS WIRE)--Bob’s Discount Furniture is excited to announce the launch of a new social-first reality series, “Till Decor Do Us Part," which invites couples to take a leap of faith by giving their partners 100% decision rights in designing the room of their dreams. “Till Decor Do Us Part,” shot specifically for social, features comedian Gabby Bryan as the host and six real-life couples as the contestants. Each episode showcases one partner shopping for furniture while the
Best In Class MD Expands Value-Based Center of Excellence Programs with a National Footprint
NEW YORK--(BUSINESS WIRE)-- #bundledsurgery--Best In Class MD (BICMD) is proud to announce the continued expansion of its national value-based surgical Center of Excellence (COE) network, deepening its collaboration with Hospital for Special Surgery (HSS), the nation’s #1 ranked orthopedic hospital. Building on the success of its programs in New York and New Jersey, the collaboration now extends to HSS Florida in West Palm Beach. This milestone underscores BICMD’s mission to deliver high-quality, cost-effective
Almonty Announces Application to List on Nasdaq Capital Market Concurrent with Launch of U.S. Public Offering
TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, is pleased to announce that it has filed a registration statement on Form F-10 (the “Registration Statement”), including a preliminary short form base PREP prospectus prepared in accordance with National Instrument 44-101 – Short Form Prospectus Distributions and National Instrument 44-103 – Post-Receipt Pricing
Zycus Named a LEADER in 2025 IDC MarketScape for Source-to-Pay
PRINCETON, N.J.--(BUSINESS WIRE)--Zycus, a global leader in AI-powered procurement technology, has been named a Leader in the IDC MarketScape: Worldwide AI-Enabled Source-to-Pay 2025 Vendor Assessment. This recognition follows a comprehensive evaluation, including RFI submissions, live product demos, analyst briefings, and customer interviews. “Zycus is a recognized Leader in the Source-to-Pay space leveraging Agentic AI to drive procurement transformation. With AI agents like Merlin Intake and
Stonepeak Strengthens Wealth Capabilities with Appointment of Cindy Marrs as Senior Advisor
NEW YORK--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the appointment of Cindy Marrs as a Senior Advisor. In this role, Cindy will leverage her more than 30 years of wealth management expertise and leadership experience to advise the firm and support the continued growth of Stonepeak+, Stonepeak’s dedicated wealth solutions platform. Cindy joins Stonepeak’s deep bench of Senior Advisors and Operating Partners
Getnick Law Promotes Courtney Finerty-Stelzner to Partner
NEW YORK--(BUSINESS WIRE)--Getnick Law is pleased to announce the promotion of Courtney Finerty-Stelzner to partner. Ms. Finerty-Stelzner is actively involved in the firm’s whistleblower, anti-fraud litigation, and business integrity practices. She represents clients in a range of matters in federal and state court, including whistleblowers in qui tam cases under the federal and New York False Claims Acts, commercial disputes, and complex anti-fraud cases. For example, she was a key member of t