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Barings Leads Debt Financing for AEA Investors’ Recapitalization of Connexus Resource Group

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
NEW YORK--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, today announced that it has served as lead agent, arranger, and bookrunner on a debt financing to support AEA Investors’ (“AEA”) recapitalization of Connexus Resource Group (“Connexus”). “We are pleased to build on our more than 15-year relationship with AEA to provide continued support to both AEA and Connexus as its management team continues to successfully execute in the business process outsourcing (BPO) mar

Adams Street Partners Raises Over $1.2 Billion for Venture Innovation Fund IV Program

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
CHICAGO--(BUSINESS WIRE)--Adams Street Partners, LLC, a leading private markets investment firm with over $60 billion in assets under management, today announced the successful close of its oversubscribed Venture Innovation Fund IV Program (which is comprised of Venture Innovation Fund IV, Leaders Fund II and Adams Street Venture Select Fund 2023, collectively, "VIF IV" or the “Fund”), securing more than $1.2 billion in capital commitments. VIF IV encompasses a diverse portfolio of venture fund

Swoop Launches Proprietary GenAI Platform with Custom Privacy-Safe AI Assistants to Transform Omnichannel Marketing for Pharma Brands

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
NEW YORK--(BUSINESS WIRE)--Swoop, the leader in privacy-safe healthcare marketing and data solutions, is proud to announce the launch of Swoop AI Assistants. This innovative suite of AI-powered tools enables pharma marketers to dynamically interact with their data and transform it into actionable insights that fuel omnichannel marketing strategies. Accessible exclusively through Swoop Piper, the company’s proprietary GenAI platform, these AI Assistants represent a new frontier in healthcare mar

Adobe Launches GenStudio for Performance Marketing to Accelerate Campaigns for Marketing and Creative Teams with Generative AI and Deep Insights

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
MIAMI BEACH, Fla.--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) announced the general availability of Adobe GenStudio for Performance Marketing, a new generative AI-first application that empowers brands and agencies to accelerate the delivery of global advertising and marketing campaigns. The new offering addresses one of the biggest challenges facing businesses today, where the need for highly personalized, on-brand and performant content—across a myriad of channels and geographies—is outstrip

Barings Provides $134 Million Financing on Mixed-Use Development in Raleigh, NC

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s largest diversified real estate investment managers, announced today that it has provided a $134 million loan to refinance the existing loan on Smoky Hollow in Raleigh, North Carolina. A joint venture between Kane Realty Corporation, Williams Realty & Building Company, and Lionstone Investments delivered the mixed use development in 2020. “We are excited to collaborate with Kane and Lionstone, two highly respected investors with

Greenidge Announces Preliminary Financial and Operating Results for the Third Quarter 2024

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for the third quarter of 2024, including notable updates on the Company’s ongoing SG&A expense reduction efforts as well as its continued upgrades to its fleet of bitcoin miners. Preliminary Third Quarter 2024 Financial Results1: Revenue of

Peachtree Group Exceeds $1.0 Billion in Commercial Real Estate Originations

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
ATLANTA--(BUSINESS WIRE)--Peachtree Group ("Peachtree") announced that its credit team has surpassed $1 billion in loan originations year-to-date.

Facteus Establishes Unrivaled Standalone Transaction Data Panel with Addition of Millions of Affluent Credit Cardholders

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
PORTLAND, Ore.--(BUSINESS WIRE)-- #altdata--Facteus, the leading provider of actionable insights from alternative financial data, today announced a game-changing expansion of its transaction data panel. The company has added tens of millions of new credit cards, specifically from higher-income, affluent cardholders, to its already robust debit and credit card dataset. This brings the Facteus data panel up to 140 million active cardholders making it head and shoulders above the next nearest competitor.  Fa

Dun & Bradstreet to Present Strategies for Ensuring High-Quality Data for Generative AI Success at The CIO Institute’s New York Summit

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, announced today that Isabel Gomez Vidal, Chief Revenue Officer, and Elizabeth Barrette, Senior Vice President of Customer Solutions & Success, will present a keynote address at The CIO Institute’s New York City Summit. Gomez Vidal and Barrette will speak on the topic of “Garbage In, Garbage Out: Ensuring High-Quality Data for AI Success.” Attendees of D

AM Best to Sponsor and Exhibit at the 26th National Association of Subrogation Professionals Annual Conference

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will be a silver sponsor and exhibitor at the National Association of Subrogation Professionals (NASP) Annual Conference at the Broadmoor Resort in Phoenix, AZ, Oct. 27-30, 2024. Visit AM Best at booth 15 to learn about the resources it offers, and for a chance to win a Bose Bluetooth speaker. Doug Doremus, associate director, business development, will also be available to discuss the strategic value of becoming a qualified member of Best’s Insurance Pro

OneSpan Strengthens Leadership in Banking Security with Innovative Phishing-Resistant Authentication and Transaction Signing Solution

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
BOSTON & CARLSBAD, Calif.--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced a breakthrough innovation in phishing-resistant transaction security, VISION FX. This new solution combines OneSpan’s patented CRONTO® transaction signing with FIDO2 protocols that strengthen protection against phishing and account takeover threats (ATO), setting a standard for banking security. Merging both technologies into a single authentication solution delivers the most secure and user-friendly option

Shareholder Alert: Ademi LLP Investigates Whether Longboard Pharmaceuticals, Inc. Is Obtaining a Fair Price for Its Public Shareholders

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Longboard (NASDAQ: LBPH) for possible breaches of fiduciary duty and other violations of law in its transaction with Lundbeck. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Longboard shareholders will receive only $60.00 per share in a tender offer that values the Longboard at approximately $2.6 billion equity value. The transaction

LBPH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Longboard Pharmaceuticals, Inc. Is Fair to Shareholders

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Longboard Pharmaceuticals, Inc. (NASDAQ: LBPH) to H. Lundbeck A/S for $60.00 per share in cash share is fair to Longboard shareholders. Halper Sadeh encourages Longboard 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

Jabil Introduces New High-Performance, Purpose-Built AMD and Intel Servers Optimized for AI, FinTech, and Cloud Applications

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) announced today that it is expanding its server portfolio with the J421E-S and J422-S servers, powered by AMD 5th Generation EPYC™ and Intel® Xeon® 6 processors. These servers are purpose-built for scalability in a variety of cloud data center applications, including AI, high-performance computing (HPC), fintech, networking, storage, databases, and security — representing the latest generation of server innovation from Jabil. Built w

SoFi Expands Loan Platform Business with $2 Billion Agreement with Fortress Investment Group

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The agreement will expand SoFi’s capabilities in its loan platform business, where the company refers pre-qualified borrowers to lo

Lineage Cell Therapeutics to Present at the Maxim Group 2024 Virtual Healthcare Summit

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
CARLSBAD, Calif.--(BUSINESS WIRE)---- $LCTX #LineageCellTherapeutics--Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing allogeneic cell therapies for unmet medical needs, today announced that Brian M. Culley, Lineage’s Chief Executive Officer, will be presenting at the Maxim Group 2024 Virtual Healthcare Summit, in a fireside chat hosted by Jason McCarthy, Ph.D., Senior Managing Director, Head of Biotechnology Research. Lineage’s fireside chat will be available for

CAI Unveils Bold New Brand Identity at ISPE Annual Meeting & Expo

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
ORLANDO, Fla.--(BUSINESS WIRE)--CAI Unveils Bold New Brand Identity at ISPE Annual Meeting & Expo

Victory Capital Shareholders Approve All Ballot Proposals at Special Meeting of Stockholders

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
SAN ANTONIO--(BUSINESS WIRE)---- $VCTR--Company’s stockholders approve all proposals related to the previously announced contribution agreement between Victory Capital and Amundi

Bowman Awarded Contract for Asset Management and Regulatory Compliance Tracking in Delaware Basin

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has entered into a $1.2 million contract from a leading exploration and production company to provide comprehensive asset management and regulatory compliance tracking services for over 1,000 wells in the Delaware Basin, Texas. Bowman’s scope of work includes c

Moshe Bajnon Joins Nuveen Private Capital to Lead Global Private Wealth Platform

Lastest from Businesswire - Mon, 10/14/2024 - 09:47
NEW YORK--(BUSINESS WIRE)--Churchill Asset Management and Arcmont Asset Management, the U.S. and European asset management companies of Nuveen Private Capital, today announced the appointment of Moshe Bajnon as Senior Managing Director, Global Head of Private Wealth, effective October 29, 2024. Reporting directly to Ken Kencel, President & CEO of Churchill, and Anthony Fobel, CEO of Arcmont, Mr. Bajnon will be based in Churchill’s New York City headquarters and also serve as Co-Head of Chur

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