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Hildene Capital Closes $318.4 Million Non-QM Loan Securitization

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
STAMFORD, Conn.--(BUSINESS WIRE)--Hildene Capital Management, LLC (“Hildene”), a $14.7 billion credit-focused asset manager, announced the completion of CROSS 2024-H1, a $318.4 million securitization backed by non-qualified residential mortgage (“non-QM”) loans originated by CrossCountry Mortgage (“CCM”), one of the largest retail residential mortgage originators in the U.S. CROSS 2024-H1 is collateralized by a pool of 630 residential mortgages, 100 percent originated by CCM. The loan pool feat

DALBAR’s Financial Intermediary Service Award Distinguishes Firms Providing Industry Leading Service to Financial Professionals

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
MARLBOROUGH, Mass.--(BUSINESS WIRE)--DALBAR, Inc., the preeminent auditor of customer service within the financial services industry, proudly continues to unveil the distinguished recipients of the 2023 DALBAR Service Award. This week, the awardees of the Financial Intermediary Service Award, recognized for their outstanding customer service support to financial professionals are announced: Goldman Sachs Pacific Life Park Avenue Securities These firms are being heralded for their commitment to

One Equity Partners Completes Sale of Computer Design & Integration to AHEAD

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
NEW YORK--(BUSINESS WIRE)-- #ITmanagedservices--OEP Completes Sale of Computer Design & Integration to AHEAD

Pickering Energy Partners to Collaborate with CCS Expert, Rick Mauro, Enhancing Technical Consulting Services for Clients

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
HOUSTON--(BUSINESS WIRE)-- #CCS--PEP announces a partnership with energy tech veteran Rick Mauro aimed at advising clients in carbon sequestration and methane mitigation efforts.

Grant Thornton names new executives to its Audit Quality Advisory Council

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
CHICAGO--(BUSINESS WIRE)--As part of its continued commitment to audit quality, Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, has named two new independent members to its Audit Quality Advisory Council: Kurt Schacht and Helen Munter. Established in 2018, Grant Thornton’s Audit Quality Advisory Council advises the firm’s Partnership Board on delivering high quality audits ― an activity that is at the core of the firm’s mandate to help p

Kestra Financial Wraps 2023 With Record Recruiting and $9.5 Billion in New Assets

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
AUSTIN, Texas--(BUSINESS WIRE)--Kestra Financial, an industry-leading wealth management platform, today announced record-breaking growth in 2023. The firm welcomed 110 new advisors and added $9.5 billion in assets. “We are delighted to celebrate the substantial growth and success the Kestra ecosystem has achieved in the past year,” said Daniel Schwamb, Executive Vice President of Business Development at Kestra Financial. “This milestone is a clear indicator of the resonance of our value proposi

Summit Trail Advisors Expands its Partnership with Three Partner Promotions

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
NEW YORK--(BUSINESS WIRE)--Summit Trail Advisors Expands its Partnership with Three Partner Promotions

NFL Player Care Foundation, Microsoft Leap, and Atrium Announce Inaugural Class of NFL Legends

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
NEW YORK--(BUSINESS WIRE)--Atrium, a global woman-owned Talent Solutions and Extended Workforce Management provider, is excited to announce its collaboration with the NFL Player Care Foundation (PCF) and Microsoft Leap to support the first-ever Microsoft Leap NFL Legends Cohort. Microsoft Leap, designed to accelerate job readiness for careers in technology worldwide, offers a leading training program powered by Microsoft mentors and industry experts. AtriumWORKS, a specialized workforce solutio

AM Best Affirms Credit Ratings of RSUI Group’s Members

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa+” (Superior) of RSUI Indemnity Company and its reinsured subsidiaries, collectively referred to as RSUI Group (RSUI). RSUI Group is headquartered in Atlanta, GA. The outlook of these Credit Ratings (ratings) is stable. The ratings of RSUI reflect the group’s balance sheet strength, which AM Best assesses as strongest, as well

Rockefeller Global Family Office Expands National Wealth Management Presence with Addition of Lewis Wealth Partners in Richmond, VA

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
NEW YORK--(BUSINESS WIRE)--Rockefeller Global Family Office, the wealth management division of Rockefeller Capital Management (“Rockefeller”), today announced the addition of Lewis Wealth Partners – the firm’s first Private Advisor team based in Richmond, VA, the Commonwealth’s state capital – to its growing national presence. The Richmond region, rich in history, culture, and tourism, is one of the fastest growing in the state. Lewis Wealth Partners is led by Managing Directors and Private Adv

H.I.G. Capital Announces the Sale of Cardinal Logistics

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
MIAMI--(BUSINESS WIRE)-- #ContractCarriage--H.I.G. Capital announces the sale of its portfolio company, Cardinal Logistics, to Ryder System, Inc.

Lenders Cooperative Appoints Accomplished Technology Leader as Chief Technology Officer

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
MECHANICSBURG, Pa.--(BUSINESS WIRE)-- #aba--Lenders Cooperative, a Summit Technology Group company, is excited to announce the appointment of Charlie Turri as its Chief Technology Officer (CTO). With a proven track record and extensive experience in all facets of technology, Charlie will play a pivotal role in steering Lenders Cooperative's continued technological evolution. Charlie brings a wealth of experience from various sectors, including technology consulting, web and mobile application developm

Imperial Dade Acquires Allston Supply Co., Inc. Expands Coverage in New England

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
JERSEY CITY, N.J. & SPRINGFIELD, Mass.--(BUSINESS WIRE)--Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of Allston Supply Co., Inc (“Allston” or the “Company”). The transaction represents the 79th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disc

Bruster’s Real Ice Cream Achieves Unprecedented Milestone in 2023 – Extending National Footprint With Over 40 New Store Agreements

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
PITTSBURGH--(BUSINESS WIRE)--Bruster's Real Ice Cream achieves a milestone in 2023, expanding its national footprint with 40+ new franchise agreements, surpassing 200 locations.

ClearEdge Unveils New Brand Identity

Lastest from Businesswire - Thu, 02/01/2024 - 12:02
CHICAGO--(BUSINESS WIRE)-- #ClearEdge--ClearEdge, formerly ClearEdge Marketing, today announced a brand refresh that unifies its three offerings: Marketing, Recruiting, and Rising.

CSI Banking Priorities Report: Digital Account Opening, AI, Digital Wallets Emerge as Leading 2024 Initiatives for Community Banks

Lastest from Businesswire - Thu, 02/01/2024 - 09:02
PADUCAH, Ky.--(BUSINESS WIRE)--CSI announced today the release of its annual Banking Priorities Executive report.

Introducing Allora: A Self-Improving Decentralized AI Network

Lastest from Businesswire - Thu, 02/01/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Upshot, a leader in AI x crypto infrastructure, is proud to announce Allora, a new trustless, self-improving decentralized AI network. Backed by Polychain, Framework, Blockchain Capital, CoinFund, and a number of other top investors in the space, Allora is designed to empower applications with smarter, more secure AI through a self-improving network of machine learning models. By combining research at the frontier of crowdsourcing mechanisms like peer prediction, fede

D.A. Davidson Adds A&D Investment Banking Veteran, Expands Presence to Key Market for Diversified Industrials

Lastest from Businesswire - Thu, 02/01/2024 - 09:02
WASHINGTON--(BUSINESS WIRE)--D.A. Davidson announced today that George “Toby” F. Albright, III has joined Investment Banking as Managing Director, Diversified Industrials. Albright’s addition to the firm’s Aerospace, Defense, and Government Services practice expands its geographic footprint to Washington, D.C. and deepens sector expertise in Defense Electronics, Government Technology and Services, National Security and Intelligence, and Space and Satellite Communications. “Toby adds complementa

I Squared Capital Announces Senior Hires to Capitalize on Dynamic Infrastructure Investing Landscape

Lastest from Businesswire - Thu, 02/01/2024 - 09:02
MIAMI--(BUSINESS WIRE)--I Squared Capital, a leading independent global infrastructure investment manager, announced today that Brian Collett and Michael Kumar have joined the firm. Brian Collett is joining as a Managing Director to engage and work with Institutional investors on strategic infrastructure investment opportunities. Michael Kumar is joining as a Senior Policy Advisor to advise I Squared on capital markets activities. These senior hires represent a concerted effort by I Squared to

RGA Executes €900 Million Asset-Intensive Reinsurance Transaction With Baloise in Belgium

Lastest from Businesswire - Thu, 02/01/2024 - 09:02
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) today announced it has executed an asset-intensive reinsurance transaction in Continental Europe with the Belgian subsidiary of Baloise, one of the leading insurers in Belgium [Baloise Belgium NV]. The underlying portfolio consists of approximately 57,000 individual life insurance policies with guaranteed minimum returns and total reserves of approximately €900 million. The transaction includes collateral in a cu

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