Feed aggregator

LONDON--(BUSINESS WIRE)--ROYC Group today announced the launch of ROYC Operating System (ROYC OS) as a standalone software platform for fund managers, banks and wealth managers across private markets. The software is now available separately from ROYC’s existing structuring, fund operations and distribution services. Proven in production, at scale ROYC used its structuring and fund operations experience to develop its enterprise-grade digital offering that automates these services. The technolo

PALM BEACH, Fla.--(BUSINESS WIRE)--The Palm Beach Hedge Fund Association (PBHFA.org) is pleased to announce a strategic collaboration with the AnchoraA Fund. The AnchoraA Fund, a joint venture between Voyage Capital and HotelSHIFT, acquires extended-stay and distressed hotels in high-traffic locations within growing metros and converts them into multifamily housing at a fraction of the cost of ground-up development. David S. Goodboy, Founder of PBHFA.org, remarked, "We are continually in pursui

LONDON--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, announced today that certain of its funds (“Ares”) provided $2.0 billion of a $6.5 billion multi-jurisdiction financing for Phoenix Tower International (“PTI”), a leading global owner and operator of telecom tower infrastructure. As part of the transaction, Ares funded approximately $1.8 billion at closing. The new debt facility will be used to consolidate PTI’s existing loans and

DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Real Estate Fund VII, L.P. has successfully completed the acquisition of a multi-asset residential real estate portfolio across multiple locations in the Netherlands for €215.5 million. The seller is the Catella Panta Rhei Dutch Residential Fund. The portfolio is comprised of 13 high-quality residential assets and includes over 900 living units. The assets are locate

DETROIT--(BUSINESS WIRE)---- $F #automotive--A judge certified classes in a lawsuit alleging Ford knowingly sold diesel trucks equipped with defective CP4 fuel pumps, according to Hagens Berman.

ANCHORAGE, Alaska--(BUSINESS WIRE)--Glenfarne Group, LLC (“Glenfarne”), the lead developer and majority owner of Alaska LNG, today welcomed President Donald J. Trump’s announcement of a $50 billion-plus South Korean investment in Alaska LNG. Brendan Duval, CEO and Founder of Glenfarne, joined President Trump in the Oval Office for the announcement. The investment represents a major financing milestone for Alaska LNG, providing the foundation to advance the project toward final investment decisi

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best will participate at the 30th annual Indonesia Rendezvous and Conference, which will take place 12-15 October 2026, in Bali, Indonesia.AM Best will be exhibiting at the event, and visitors to Booth #S7 can learn more about the resources AM Best offers to insurance professionals, including Best’s Credit Ratings and Best’s National Scale Rating for Indonesia. Additionally, Rob Curtis, managing director and chief executive officer of AM Best’s Asia Pacific ope

NEW YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (“BitGo”) (NYSE: BTGO) and OKX today announced the international expansion of their Off-Exchange Settlement integration, enabling eligible institutions outside the U.S. to access OKX’s liquidity while supported assets remain in segregated, regulated custody with BitGo Singapore Pte. Ltd. (“BitGo Singapore”). The expansion builds on the relationship established earlier this year, when OKX joined BitGo’s Go Network for U.S. institutions. Together, t

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Netcapital Inc. (NASDAQ: NCPL) resulting from allegations that Netcapital may have issued materially misleading business information to the investing public.So What: If you purchased Netcapital securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

SILVER SPRING, Md. & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--United Therapeutics Corporation (Nasdaq: UTHR), a public benefit corporation, today announced that the United States District Court for the District of Delaware issued an opinion that finds Liquidia Technologies, Inc. (Liquidia) infringes two claims of United Therapeutics’ patent covering the use of inhaled treprostinil to treat pulmonary hypertension associated with interstitial lung disease (PH-ILD).“We are pleased with the Co

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Lifecore Biomedical, Inc. (NasdaqGS: LFCR) to Webster Equity Partners. Under the terms of the proposed transaction, shareholders of Lifecore will receive $6.28 in cash for each share of Lifecore that they own. KSF is seeking to determine whether this consideration and the process that led to it

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of SoundThinking, Inc. (NasdaqCM: SSTI) to Transom Capital Group. Under the terms of the proposed transaction, shareholders of SoundThinking will receive $8.00 in cash, and one non-transferable contingent value right worth up to $3.00, for each share of SoundThinking that they own. KSF is seeking to det

BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop Investment Partners (WDIP) announced today that Fund VII is fully invested, having deployed $135.8.

NEW YORK--(BUSINESS WIRE)---- $DAVA #ClassActionLawsuit--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Endava plc (“Endava” or the “Company”) (NYSE: DAVA) securities between September 4, 2025 and September 21, 2026, inclusive (“the Class Period”). If you suffered a loss on your Endava investments, you have until November 30, 2026 to request lead plaintiff appointment.[CONTACT THE FIRM IF YOU SUFFERED A LOSS]Investors are encouraged to fill out the

NEW YORK--(BUSINESS WIRE)---- $AVXL #ClassActionLawsuit--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Anavex Life Sciences Corp. (“Anavex” or the “Company”) (NASDAQ: AVXL) securities between November 26, 2025 and August 28, 2026, inclusive (“the Class Period”). If you suffered a loss on your Anavex investments, you have until November 30, 2026 to request lead plaintiff appointment.[CONTACT THE FIRM IF YOU SUFFERED A LOSS]Investors are encouraged

SALT LAKE CITY--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS”) is proud to announce that 17 of its post-acute communities have been named by Newsweek Magazine to its list of Best Nursing Homes for 2027. Those communities are as follows, listed in order by their state, and then their ranking in their state by category: Community Name State Ranking Category Ridgecrest Post Acute Arizona 9th Large (150+ beds)         Paradise Valley Manor and Health Care Center California 14th Small (50-9

FOSTER CITY, Calif.--(BUSINESS WIRE)-- #Procurement--Coupa announces its fourth recognition as a Leader in the 2026 IDC MarketScape for AI-Enabled Accounts Payable Automation.

SAN FRANCISCO--(BUSINESS WIRE)--Today, Parafin announced it has reached an agreement to be acquired by Stripe. Together, the companies plan to make it faster and easier for small and medium-sized businesses to get the financing they need to thrive. Parafin was started in 2020 with a simple observation: the businesses powering the economy, such as restaurants, auto shops, salons, and contractors, are the ones the traditional financial system has the most trouble serving. Businesses can finance t

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In