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Nikou Family Field Celebrated at Sierra Canyon School

Lastest from Businesswire - Thu, 01/11/2024 - 11:52
LOS ANGELES--(BUSINESS WIRE)--When Atar Capital Founder and CEO Cyrus Nikou and his wife Maryam see an opportunity to contribute to causes close to their hearts, they jump at the chance. The latest example of the couple’s generosity was witnessed at a Dec. 21, 2023 ribbon cutting at Sierra Canyon School, where the Lower School celebrated the grand re-opening of the newly refurbished Nikou Family Field. “The word ‘philanthropy’ comes from two Greek words – philein, meaning to love, and anthropos

CCMP Growth Advisors Announces Partnership With Innovative Refrigeration

Lastest from Businesswire - Thu, 01/11/2024 - 11:52
NEW YORK & LYNDHURST, Va.--(BUSINESS WIRE)--CCMP Growth Advisors, LP (“CCMP Growth”) and Innovative Refrigeration Systems, Inc. (the “Company” or “Innovative”), a family-owned business which is a leader in design build engineering and aftermarket services for industrial refrigeration systems, today announced that CCMP Growth has partnered with Founder and CEO Mike McGinnis to invest in the Company and support its continued growth. Mike McGinnis and his team will continue to lead the Company. To

Eagle Point Credit Company Inc. Announces Offering of Preferred Stock

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced that it has commenced an underwritten public offering of its Series F Term Preferred Stock (the “Preferred Stock”). The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency.

Blackstone Announces New Co-Chief Investment Officers and Co-Head of Real Estate

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that Ken Caplan, current Global Co-Head of Real Estate, and Lionel Assant, European Head of Private Equity, have been elevated to newly created roles as Global Co-Chief Investment Officers (CIOs) of Blackstone. They will enhance the coordination and oversight of the Firm’s already rigorous investment process. Nadeem Meghji, Head of Real Estate Americas, will succeed Mr. Caplan as Global Co-Head of Real Estate alongside current Glo

BlackRock’s IBIT Debuts on Nasdaq

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), begins trading today on Nasdaq. IBIT seeks to track the performance of the price of bitcoin and carries a 0.25% sponsor fee with a one-year waiver reducing the fee to 0.12% on the first $5B assets under management (AUM)1. “The launch of the iShares Bitcoin ETF advances ETF innovation and expands access to bitcoin for investors,” said Dominik Rohe, Head of Americas iShares ETF and Index Investing business

Introducing the Schwab Trading Activity Index™

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab today introduced the Schwab Trading Activity Index (STAX), offering timely insights into retail trading behavior from one of the industry’s largest retail investor client bases. Building on the success of the TD Ameritrade Investor Movement Index® (IMXSM), launched in 2013, the STAX is a new proprietary, behavior-based index that analyzes retail investor stock positions and trading activity to illuminate what investors were actually doing and how they we

Trane® by Trane Technologies Named America’s Most Trusted® HVAC Brand for the 10th Consecutive Year

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce that Trane® has been named the top residential HVAC brand in Lifestory Research’s America’s Most Trusted® study for 10 consecutive years. For its America’s Most Trusted study, Lifestory Research surveyed more than 9,000 Americans who were actively shopping for an HVAC system between January and December 2023. Achieving the highest Net Trust Quotient score (116.4) among the most pop

Easterly Government Properties Receives Investment Grade Credit Rating

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the company received an investment grade issuer credit rating from Kroll Bond Rating Agency, LLC (“KBRA”) of BBB with Stable Outlook. “Receiving this investment grade rating from KBRA is reflective of the strong underlying credit quality of our cashflows and the secure balance sheet we have built at Easterly Government Properties,” stated Allison Marino, Easterly’s Chief Financial Officer and Chie

Praxent Moves into 2024 with Strong Momentum, Executes over 60 Digital Initiatives for Financial Services Organizations

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
AUSTIN, Texas--(BUSINESS WIRE)--Praxent, a financial technology consulting and engineering firm, shared highlights from 2023, including proven client success, strategic organizational changes, a SOC 2 Compliance Certification, and the launch of its Digital Banking Maturity Model. Praxent executed over 60 digital initiatives for financial services organizations last year, helping companies like Nymbus, Plinqit, and TLIE modernize their offerings and accelerate time to market. As a result of its

Macrae Strengthens Presence in New York and San Francisco with the Addition of Two Managing Directors

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
PALO ALTO, Calif.--(BUSINESS WIRE)--Macrae, the elite transatlantic legal recruiting firm, welcomes Managing Directors Tad Gruman in New York and Julieta Stubrin in San Francisco.

KlariVis Simultaneously Marks 100-Customer Milestone, Secures $11 Million in Series B Funding Round Led by Blueprint Equity

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
ROANOKE, Va.--(BUSINESS WIRE)--KlariVis, a trailblazer in data analytics solutions for community banks and credit unions, closed its Series B capital round led by Blueprint Equity. The $11 million investment will fuel further advancements in engineering, product development, customer success, and sales and marketing. KlariVis, led by CEO/Founder Kim Snyder, a former community bank CFO, has experienced meteoric growth, doubling revenue and customer count year-over-year. It recently celebrated th

Castlelake and Vervent Reach Agreement for up to $180 Million of Financing for Consumer Credit Card Programs

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
MINNEAPOLIS & SAN DIEGO--(BUSINESS WIRE)--Castlelake and Vervent reach agreement for up to $180 million of financing for consumer credit card programs.

 Electriq Power Announces Preliminary Q4 2023 Revenue Results

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Electriq Power Holdings, Inc. ("Electriq") (NYSE:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, today announces preliminary results for its fourth quarter and reiterates a revenue range of $20M-$30M in 2024. CEO Frank Magnotti, commented, “The demand for residential solar and storage and for more independence from the electrical grid remains strong. The approximate $1.3 million we expect to

DecisionRx Announces $100 Million Credit Facility with Carlyle

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
INDIANAPOLIS--(BUSINESS WIRE)--DecisionRx, Inc., a value-based healthcare company reducing the cost of care by helping physicians eliminate medication failure, today announced that it has entered into a $100 million credit facility with global investment firm Carlyle. The financing will support the cost-bearing that is key to DecisionRx’s unique business model: DecisionRx can assume the full cost of delivering Medication Therapy Optimization to patients of Accountable Care Organizations, Medica

Capital District WERC (Woman’s’ Employment & Resource Center) Receives Funds From National Bank of Coxsackie

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
LATHAM, N.Y.--(BUSINESS WIRE)--The National Bank of Coxsackie (“NBC”) presented the Capital District WERC (Woman’s’ Employment & Resource Center) with a donation in support of their mission to advance women’s success in the workplace by building their economic and personal independence. The funds were secured through the Federal Home Loan Bank of New York Small Business Recovery Grant Program. NBC is a member of the Federal Home Loan Bank of New York and applied for the funds made available

FIS Drives New Value as Sell-Side and Buy-Side Client Needs Converge

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced that it has expanded its sell-side solutions to new buy-side clients. As buy-side clients face pressures to find new revenue streams, reduce risk, drive operational efficiency, and deliver new value for their customers, FIS is giving these firms new capabilities via its sell-side solutions. One way FIS is supporting these clients’ needs is with its Cleared Derivatives (CD) platform, w

Evercore Wealth Management Names Sean Brady Managing Director, Wealth and Fiduciary Advisor

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
NEW YORK--(BUSINESS WIRE)--Evercore Wealth Management today announced the appointment of Sean Brady to Managing Director, Wealth and Fiduciary Advisor. Mr. Brady is based in New York City and will work directly with ultra-high-net-worth client families, foundations and endowments, delivering comprehensive strategic wealth planning and fiduciary services. Mr. Brady joins Evercore from Clarfeld Citizens Private Wealth, where he worked for 14 years as a senior advisor to ultra-high-net-worth famil

The Visualize Group and TPG Form Strategic Partnership

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
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

The RMR Group Announces Quarterly Dividend on Common Shares

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
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

White Oak Commercial Finance Provides $10M Senior Factoring Facility to Leading Worker Management Software Company

Lastest from Businesswire - Thu, 01/11/2024 - 08:51
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

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