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BOSTON--(BUSINESS WIRE)--Berkshire Partners is pleased to announce Managing Directors Candice Corvetti and Drew Walker have been named to GrowthCap’s “Top 40 Under 40 Growth Investors of 2023” list. GrowthCap’s 10th annual list recognizes the industry’s leading private capital investment professionals for their leadership qualities and overall contributions to deal activity. Ms. Corvetti was promoted to Managing Director at Berkshire Partners in 2023. She is a leader within the firm’s Services

NEW YORK--(BUSINESS WIRE)--Prometheum Inc., today announced its plan to launch its digital asset securities custody platform in Q1 2024. Following its recent membership approval with Financial Industry Regulatory Authority (“FINRA”) to operate as a Special Purpose Broker-Dealer (“SPBD”) to custody digital asset securities, Prometheum Capital LLC, a subsidiary of Prometheum Inc., today expanded its business to include clearing and settlement of digital asset security trades for its affiliate, Pr

NEW YORK--(BUSINESS WIRE)--First Eagle Investments (“First Eagle”) today announced the addition of two credit analysts to its growing High Yield Municipal Credit team. John Suh and Andrew Belsky—based in New York and Chicago, respectively—will join as credit analysts in the coming weeks and will be responsible for multi-sector underwriting, credit monitoring and portfolio analysis. Reporting to John Miller, Head and Chief Investment Officer of the High Yield Municipal Credit Team, Suh and Belsk

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its fourth quarter 2023 financial results on Wednesday, January 24, 2024 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Thursday, January 25, 2024 at 9:00 a.m. (ET). Live audio of the conference call, presentation slides and an audio replay will be available on the Ameriprise Financial Investor Relations website at ir.ameriprise.com. At Amerip

WASHINGTON--(BUSINESS WIRE)--The FINRA Investor Education Foundation (FINRA Foundation) has released a new report, Investors of Color in the United States. The report examines the behavior and attitudes of investors of color based on data from FINRA Foundation’s National Financial Capability Study coupled with a series of focus groups conducted with young Black/African American, Hispanic/Latino and Asian American/Pacific Islander investors. The report shows that investors of color are entering

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 DocGo Inc. (NASDAQ: DCGO) resulting from allegations that DocGo may have issued materially misleading business information to the investing public. SO WHAT: If you purchased DocGo securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen La

HOUSTON--(BUSINESS WIRE)--Cemvita, a leading innovator in carbon utilization, proudly announces the appointment of Lisa Bromiley as its Chief Financial Officer (CFO). In her new role, Mrs. Bromiley will spearhead capital markets, strategic positioning, and financial management of the company, bringing with her over two decades of invaluable experience in energy and commodity-related finance. With Lisa Bromiley at the financial helm, Cemvita is poised to strengthen its position as a trailblazer

LANSING, Mich.--(BUSINESS WIRE)-- #MichiganBusiness--The Michigan Economic Development Corporation (MEDC) announced $4.6 million in grants and matching funds in recent weeks to support eight local higher education institutions’ semiconductor education and training programs. These investments will directly benefit 2,400+ individuals throughout Michigan. This funding is a monumental step forward toward building the workforce needed to support the in-demand semiconductor chip industry, which is expected to see 11% jo

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 31 classes of asset-backed securities from Towd Point Mortgage Trust 2024-CES1 (TPMT 2024-CES1), a $455.6 million RMBS transaction, as of November 30, 2023 (the Statistical Calculation Date), sponsored by FirstKey Mortgage, LLC (FirstKey). The underlying pool consisted of 6,096 closed-end second lien mortgages (CES; 100%) originated by PennyMac Corp. (PennyMac; 38.3%), Rocket Mortgage, LLC (Rocket; 30.6%), Spring EQ, LLC (Spring EQ;

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to four classes of notes issued by MMAF Equipment Finance LLC 2024-A (MMAF 2024-A), an equipment ABS transaction. MMAF 2024-A represents the 20th equipment ABS sponsored by MassMutual Asset Finance LLC (MMAF). MMAF is a wholly-owned subsidiary of Massachusetts Mutual Life Insurance Company and has an operating history dating back to 2003. The MMAF 2024-A transaction is secured by a portfolio of equipment lease and loan contracts, toget

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 Mutual Fund Service Award, recognized for their outstanding customer service support to their mutual fund shareholders are being announced: DWS JPMorgan Asset Management New York Life Investments Primerica Financial Services Putnam Investments

CHICAGO--(BUSINESS WIRE)--New Carallel, myFloc Partnership Poised to Make Financial Management Easier for Caregivers

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Mutual of Enumclaw Insurance Company and Enumclaw Property & Casualty Insurance Company, which comprise Enumclaw Insurance Group (Enumclaw). The companies are headquartered in Enumclaw, Washington. The Credit Ratings (ratings) reflect Enumclaw’s balance sheet strength, which AM Bes

PALO ALTO, Calif.--(BUSINESS WIRE)-- #CoreSolutions--Hourly.io completed initial implementation of Origami Risk’s P/C core solution to automate workers’ comp policy rating, provide instant quotes

MIAMI--(BUSINESS WIRE)-- #ROI--Nucleus Research announced the findings of a study into the benefits that financial services provider, Bread Financial realized from implementing financial wellness solution, BrightPlan. Nucleus found that the deployment of BrightPlan translated to a reduction in turnover by approximately 22 percent and an annual savings of more than half a million dollars. This delivered a 75 percent Return on Investment (ROI) for Bread Financial who was able to recover its initial inve

PHOENIX--(BUSINESS WIRE)--The New Year provides an opportunity to evaluate personal financial stability and set goals for improvement. For many, this means redoubling efforts to pay off credit card debt. “In our evolving economy, financial health is critically important,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. “If you’re like most, reducing debt is a big part of the equation. While this can feel daunting, small ste

NEW YORK--(BUSINESS WIRE)--InvestCloud (or “the Company”), a global provider of wealth and asset management solutions, today announced the appointment of Jeffery W. Yabuki (“Jeff”) as Chairman and CEO. In this role, Jeff will lead InvestCloud’s strategy and operations, with a key focus on excellence of client delivery. Jeff’s leadership will further empower InvestCloud’s clients and partners with its scalable technology platform. The Company is backed by Clearlake Capital Group, L.P. (together

TORONTO--(BUSINESS WIRE)--Messagepoint announced it has been named a winner in the 2024 BIG Innovation Awards presented by the Business Intelligence Group in the Software category for its Healthcare Touchpoint Exchange, a purpose-built SaaS solution that enables Medicare Advantage Organizations (MAOs) to dramatically reduce the workload, timelines and costs associated with health plan communications and materials preparation. “For too long, Medicare Advantage Organizations have relied on old sc

WASHINGTON--(BUSINESS WIRE)--Axinn, Veltrop & Harkrider LLP has named antitrust partner Jeny Maier as the firm’s next managing partner, effective Jan. 1, 2024. Maier, who leads clients through antitrust agency review of their multibillion-dollar M&A deals, succeeds Matt Becker, who will continue to practice in the firm’s intellectual property group, following his six-year term. “Every day, I have the privilege to participate in our clients’ most important business initiatives. I’m eager

LAS VEGAS--(BUSINESS WIRE)--Today, FreeWheel, a global technology platform for the television advertising industry, released new findings from its Viewer Experience Lab initiative. The report, Designing a Better Ad Pod, explores how publishers can optimize the quantity and frequency of ads in an ad pod to improve viewer experience and brand results. The new findings come at a time when content continues to fragment across streaming platforms, making it imperative for content owners to focus on