Lastest from Businesswire
State Street’s Fund Connect ETF Executes First Application Programming Interface (API) Order in Australian-Domiciled ETF
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a significant milestone for its Fund Connect ETF platform, completing the first Authorized Participant (AP) creation/redemption order via API for an Australian-domiciled ETF. This achievement marks the continued global expansion of Fund Connect ETF’s API capabilities, which are now available for AP order entry across all major markets via FIX and XML protocols. The automation of AP order flow through APIs enables grea
BRIDGE Housing Launches Private Equity Fund Aimed at Investing $1 Billion to Acquire and Create Affordable and Workforce Housing on the West Coast
SAN FRANCISCO--(BUSINESS WIRE)--BRIDGE Housing, the leading nonprofit affordable housing owner and developer on the West Coast, has launched its first private equity fund to accelerate its mission-driven work to address the affordability crisis for low- and moderate-income families in some of the nation’s costliest housing markets. BRIDGE Housing Impact Fund I is on course to raise $350 million of equity, enabling about $1 billion in investment potential to acquire, preserve, and create afforda
Lincoln Financial Debuts RILA Income Product Featuring Category-First Legacy Benefit
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) today launched Lincoln Level Advantage 2 IncomeSM index-linked annuity, its first registered index-linked annuity (RILA) with a built-in income benefit, marking an expansion of its product suite. Lincoln Level Advantage 2 Income offers investors guaranteed lifetime income and category-first legacy planning with the optional Estate LockSM Death Benefit while providing opportunities for upside growth and downside protection. “As market v
Barings and Aareal Capital Corp. Provide $303 Million Debt Package for Graduate by Hilton 7-Pack
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s largest diversified real estate investment managers, announced today it has originated a $303 million debt package in partnership with Aareal Capital Corporation to an affiliate of AJ Capital Partners. The debt package will refinance the Graduate by Hilton 7-Pack — a portfolio of seven full service, upper-scale hotels totaling 1,340 keys in university-anchored markets across the country. The loan was structured with mezzanine and sen
The Nicholas Crypto Income ETF (BLOX) Crosses $50 Million in Assets
ATLANTA--(BUSINESS WIRE)---- $BLOX #ETFs--The Nicholas Crypto Income ETF (BLOX) Crosses $50 Million in Assets
American Pledge Foundation Unveils Patent-Approved Program for Sustainable Homeownership
CHARLESTON, S.C.--(BUSINESS WIRE)--American Pledge Foundation (AmPledge) today unveiled an innovative new housing sustainability solution designed to help people achieve homeownership and sustain it. Anchored by a newly approved U.S. mortgage-related utility patent, one of only five granted in the past decade, the program marks a rare advancement in expanding access to housing and ensuring long-term stability for homeowners. “Affordable to buy does not mean sustainable to own,” said Rob Henger,
NIQ Continues Investment in Retail Media Sector with New Leadership Appointment in North America
CHICAGO--(BUSINESS WIRE)--NielsenIQ (NYSE: NIQ) is pleased to announce the appointment of Drew Dabbelt as Vice President of Retail Media for NIQ North America. Dabbelt, a seasoned leader with nearly 15 years of experience in media, advertising technology, and retail, will spearhead the development of innovations for retail media networks, delivering comprehensive solutions for both retailers and brands. With this appointment, NIQ is making significant investments in expanding its retail media t
Saisei Ventures Appoints James Feliciano as Venture Partner
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Saisei Ventures, a leading investment firm focused on advancing Japanese biotechnology and therapeutic innovations, today announced that Mr. James Feliciano has been appointed venture partner. With more than 20 years of experience as a pharmaceutical executive in Japan, Mr. Feliciano is a world-class leader in advancing innovative therapies and guiding global teams to success. Most recently, he founded 3C Advisors GK, a Tokyo-based strategic advisory firm part
RLJ Lodging Trust Announces Dividends for Third Quarter of 2025
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on October 15, 2025, to shareholders of record as of September 30, 2025. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company’s Series A Preferred Shares. The dividend is payable on October 31, 2025, to shareholders of record as o
Cardlytics Repays 2020 Convertible Senior Notes Due 2025
ATLANTA--(BUSINESS WIRE)--Cardlytics Inc. (NASDAQ: CDLX) today announced the full and timely repayment of the remaining $46.1 million aggregate principal amount of its 1.00% convertible senior notes due on September 15, 2025. Following this repayment, Cardlytics now has $172.5 million aggregate principal amount outstanding of its 4.25% convertible senior notes due in 2029 and $50 million drawn on its line of credit. Cardlytics’ cash and cash equivalents as of August 31, 2025 was $92.7 million a
CIFC Asset Management Appoints Eamon Heavey as Global Head of Marketing and Investor Relations
NEW YORK--(BUSINESS WIRE)--CIFC Asset Management LLC and its affiliates (collectively, “CIFC” or the “Firm”), an alternative credit specialist serving institutional investors globally with more than $45 billion1 in assets under management, is pleased to announce the appointment of Eamon Heavey as Global Head of Marketing and Investor Relations. The hire underscores CIFC’s forward momentum and its commitment to investing in seasoned leadership to guide the Firm into its next phase of growth. Mr.
Tucker’s Farm Corporation Raises Series B for Medspa Platform, Reaching $65 Million in Revenue, and Expands Credit Facility
NEW YORK--(BUSINESS WIRE)--Tucker’s Farm Corporation (“Tucker’s Farm” or the “Farm”), a value-oriented investment holding vehicle, today announced that its subsidiary, Annie Aesthetic Holdings (“Annie” or “Annie Aesthetic”), raised its Series B and expanded its credit facility while reaching $65 million in run-rate revenue. The round was led by InterAlpen Partners, who also backed the Series A and serves as an active advisory board member, and Brookside Equity Partners. In May 2022, Tucker’s Fa
John Marshall Bank Hires Charles Kapur as SVP, Director of Deposit Services to Develop and Execute Growth Strategy
RESTON, Va.--(BUSINESS WIRE)--John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is proud to announce the hiring of Charles Kapur as Senior Vice President, Director of Deposit Services. In his role, Mr. Kapur will develop and implement both long and short-term strategies to increase core deposits and market share. He will also work in a business development role to establish new commercial relationships while supporting the financ
BitGo Appoints Brian Brooks, Sunita Parasuraman, Justin Evans to Board of Directors
NEW YORK--(BUSINESS WIRE)--BitGo, the digital asset infrastructure company, today announced the appointments of Brian Brooks, Sunita Parasuraman, and Justin Evans to its Board of Directors (the “Board”). These individuals collectively expand the Board’s expertise across corporate finance, digital assets, regulatory policy, accounting, risk governance, and technology, and further strengthen BitGo’s independent governance and oversight. “We are honored to welcome Brian, Sunita, and Justin to the
Guaranteed Renewal Rates Highlight Launch of New Prosperity Life Group® FIAs: Prosperity PathPro℠ Series
AUSTIN, Texas--(BUSINESS WIRE)--Prosperity Life Group®, an insurance, reinsurance, and asset management organization, today announced the launch of Prosperity PathProSM Series Fixed Indexed Annuities (FIAs), issued by S.USA Life Insurance Company, Inc. (S.USA), a Prosperity Company. The series includes two innovative FIAs, Prosperity PathProSM and Prosperity PathPro MaxSM. Both FIAs offer multiple indexed crediting methods with one-year or two-year durations, featuring the following four index
Socotra Launches MCP Server, Enabling Fast and Secure Integrations with Agentic AI
SAN FRANCISCO--(BUSINESS WIRE)-- #AI--This new offering allows insurers to quickly and safely connect agentic AI to Socotra Insurance Suite, unlocking automation for insurance workflows.
NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distributions for September, October and November 2025 and Availability of 19(a) Notice
NEW YORK--(BUSINESS WIRE)--NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today declared three distributions of $0.1250 per common share for the months of September, October, and November 2025. The Fund’s current annualized distribution rate is 10.40% based upon the closing price of $14.43 on September 10, 2025, and 9.77% based upon the Fund’s closing NAV of $15.35 as of the same date. Dividend Distribution Schedule: Ex-Dividend Date Record Date Payable Date Se
Agile Investment Management Selects CWAN for Integrated Risk and Performance Analytics
BOISE, Idaho & NEW YORK & CHICAGO & LONDON & HONG KONG--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Agile Investment Management, LLC has chosen CWAN’s integrated risk and performance attribution solution. This implementation demonstrates the power of CWAN’s unified ecosystem, giving Agile something they didn’t have before: one connected platform delivering real-time risk management and performance
See You in the Neighborhood: Square’s New Brand Spotlights the Sellers and Communities Driving Local Economies
DISTRIBUTED-WORK-MODEL/OAKLAND, CA--(BUSINESS WIRE)--Today, Square unveiled a refreshed brand identity, tagline, and national campaign centered on one clear promise: See You in the Neighborhood. Inspired by the belief that thriving local businesses create thriving neighborhoods, the campaign highlights Square’s deep commitment to helping sellers become beloved neighborhood staples — from new ventures to iconic institutions. When local businesses succeed, so do the communities around them — Squa
UKG to Headline Women in Tech Keynote, Present on A.I. and Future of Frontline Work at HR Tech 2025
LOWELL, Mass.--(BUSINESS WIRE)--UKG: What: UKG will take centerstage at HR Tech 2025 in Las Vegas this week to discuss the future of the frontline employee experience, artificial intelligence and agentic AI, and the power of workforce intelligence to build a resilient, engaged, and productive workforce. UKG CMO Sarah Hodges will deliver the Women in Tech opening keynote address, and additional UKG leaders will present in various sessions throughout the week. Attendees can stop by the UKG booth