Feed aggregator
OFS Credit Company Announces Financial Results for the Second Fiscal Quarter 2026
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI, OCCIN, OCCIM) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fiscal quarter ended April 30, 2026. SECOND QUARTER HIGHLIGHTS Net investment income (“NII”) of $4.4 million, or $0.15 per common share, for the fiscal quarter ended April 30, 2026. This compares to NII of
Veryon Elevates Customer Success Through Its Fleet Performance Partnership
SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Veryon, a leading provider of aviation software and information services, brings together aviation maintenance experts through its Fleet Performance Partnership to help customers reduce downtime, improve troubleshooting efficiency, and operate with greater confidence across the entire maintenance lifecycle. “Our Fleet Performance Partnership is rooted in a simple idea: customer success requires more than access to technology alone,” said Steve Greanias, Chief Cus
Clearlake Completes Strategic Acquisition of Pathway Capital Management
SANTA MONICA, Calif. & IRVINE, Calif.--(BUSINESS WIRE)--Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), a global investment firm managing integrated platforms spanning private equity, liquid and private credit, and other related strategies, today announced the completion of its acquisition of Pathway Capital Management (“Pathway”), a global provider of private market solutions for institutional and wealth markets. The strategic acquisition significantly expands Clearlake’s private ma
Seven Hills Realty Trust Closes $22.7 Million First Mortgage Loan to Refinance a Medical Office Property in Sugar Land, Texas
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $22.7 million first mortgage loan to refinance Sugar Land Medical Plaza, a 120,000 square foot medical office property located in Sugar Land, Texas. The property is located in an affluent Houston suburb with strong demographic fundamentals and benefits from its proximity to leading healthcare providers and outpatient services. The loan has a three-year initial term with two one-year extensio
Smith + Howard Announces Significant Investment from TPG
ATLANTA & SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--Smith + Howard, a nationally recognized assurance, tax, advisory and wealth management firm, today announced that TPG, a leading global alternative asset management firm, has signed a definitive agreement to make a significant investment in Smith + Howard. TPG will invest in Smith + Howard through TPG Growth, the firm’s middle market and growth equity platform. Financial terms were not disclosed. The transaction marks the next phase
BitGo Launches Institutional DeFi Access to Aave, Spark, and Tesseract Through Narval Integration
NEW YORK--(BUSINESS WIRE)--BitGo Bank & Trust, N.A. (“BitGo Bank & Trust”), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), today announced the availability of Aave, Spark, and Tesseract through its integration with Narval’s institutional DeFi gateway. The integration enables eligible institutional clients to access approved decentralized finance protocols directly from BitGo Bank & Trust qualified custody wallets, while maint
Braid and Koard Partner to Expand Modern In-Person Payments for Financial Institutions and Fintech Programs
SANTA CLARA, Calif. & NEW YORK--(BUSINESS WIRE)--Braid FI, the payments infrastructure platform helping financial institutions build and operate modern payment programs, today announced that it has signed an agreement with Koard to power tap to pay on phone across the Braid ecosystem. Braid FI is focused on helping community banks and financial institutions launch modern payments capabilities through infrastructure they own and control. Its platform supports digital onboarding, ledger, virtual
Milliman analysis: May market gains lift corporate pension funded status to highest level since July 2001
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. The funded status of the Milliman 100 PFI plans improved by $18 billion during May, driven by investment returns of 2.22%. The funded ratio rose from 108.2% as of April 30 to 109.6% as of May 31—the highest mark since July 2001, when it stood at 109.9%. Plan liabilities a
Taskrabbit Tackles the Messy Reality of Life’s Chaotic Chapters in New Global “When Life Happens” Campaign
SAN FRANCISCO--(BUSINESS WIRE)-- #taskrabbit--Taskrabbit, the global platform connecting people to skilled, reliable Taskers, today announces the launch of its 2026 brand campaign, "When Life Happens". Launching across North America, Europe, and the UK, the campaign highlights Taskrabbit as the essential solution for the chaotic, unpredictable chapters of life: moving to a new city, having a baby, navigating a breakup, or finally tackling those DIY projects that prove too much to handle solo. The "When Life
AM Best to Hold Analytical Briefing on Developments in Delegated Underwriting Authority Enterprises (DUAE) Segment
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best will hold a special analytical briefing with analytical staff and industry experts to explore developments within the delegated underwriting authority enterprises (DUAE) segment. The briefing is scheduled for Tuesday, June 30, 2026, at 10:00 a.m. EDT. This briefing will discuss key performance trends from year-end 2025 and evolving market structures, as well as offer a comprehensive view into the future of the DUAE market, highlighting findings from a for
Hightower Expands the Hightower Family Office for Ultra-High-Net-Worth Families
CHICAGO--(BUSINESS WIRE)--Hightower Advisors today announced the expansion of the Hightower Family Office, broadening the capabilities and support available to ultra-high-net-worth clients through Hightower advisors. The expanded offering brings together institutional investment consulting, advanced planning, family governance, tax and estate strategy, and business advisory services to help advisors address the increasingly sophisticated needs of wealthy individuals and families. The expansion
Uptempo Gartner Panel to Confront Marketing’s AI-Era ROI Crisis
DENVER--(BUSINESS WIRE)--Gartner Marketing Symposium/Xpo™ 2026 will host today a panel of industry leaders who will tackle the growing data-management challenge that corporate marketers must confront in the AI era. The conversation—The ROI Blueprint: Rebuilding Marketing for the AI Era—takes place as boards, CEOs, and CFOs push their marketing teams to do more with less and marketers continue to struggle to defend their spending and prove ROI. These strategists and innovators represent a divers
Viper Partners and Alpha Practice Sales Unite to Create a Premier Advisory Group for Healthcare Practices and Middle-Market Business Transactions Nationwide
PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)-- #BusinessAdvisory--Viper Partners and Alpha Practice Sales today announced their strategic partnership, creating one of the nation’s most comprehensive advisory and transaction groups serving healthcare practices and middle-market businesses throughout the United States. The companies have a long successful history working on middle market transactions together. The combined organization brings together decades of experience in healthcare practice sales, mergers and acqu
Taskrabbit Tackles the Messy Reality of Life’s Chaotic Chapters in New Global “When Life Happens” Campaign
SAN FRANCISCO--(BUSINESS WIRE)-- #taskrabbit--Taskrabbit, the global platform connecting people to skilled, reliable Taskers, today announces the launch of its 2026 brand campaign, "When Life Happens". Launching across North America, Europe, and the UK, the campaign highlights Taskrabbit as the essential solution for the chaotic, unpredictable chapters of life: moving to a new city, having a baby, navigating a breakup, or finally tackling those DIY projects that prove too much to handle solo. The "When Life
MAXEX Hires Chief Financial Officer John McNeill
ATLANTA--(BUSINESS WIRE)--MAXEX, the digital exchange for trading U.S. residential mortgage loans through a single centralized clearinghouse, today announced the appointment of John McNeill as Chief Financial Officer, based in the company’s Atlanta headquarters. As a member of MAXEX’s executive leadership team, McNeill will lead the company’s financial strategy, including capital formation, capital deployment, financial operations and corporate growth initiatives. “MAXEX has built a tremendous
KaufmanIT Announces Strategic Investment from Abry Partners
IRVINE, Calif. & BOSTON--(BUSINESS WIRE)--KaufmanIT (the “Company”), an award-winning managed IT, cybersecurity, and cloud services provider serving small and mid-sized businesses, today announced a strategic investment from Abry Partners (“Abry”), a Boston-based private equity firm. Founded in 2010 and headquartered in Irvine, California, KaufmanIT delivers enterprise-grade technology solutions tailored to companies with as many as 2,500 users in Orange County, Los Angeles, and the broader Sou
ELECTRA AI and Naoris Quantum Protocol Inc. Partner on Post-Quantum, Decentralized Trust for AI Battery Intelligence
BOSTON & MIAMI--(BUSINESS WIRE)--ELECTRA AI (“Electra”) and Naoris Quantum Protocol Inc (“Naoris Quantum Protocol”) today announced a partnership to bring post-quantum cybersecurity to AI battery intelligence, the fast-growing layer where always-connected battery systems meet the AI models that monitor, optimize, and control them. The two companies are pairing Electra’s AI Brain for Batteries™ platform with Naoris Quantum Protocol’s post-quantum, decentralized trust layer to advance a cybersecu
Post Oak Energy Capital Announces Midway Energy Partners Asset Monetization
HOUSTON--(BUSINESS WIRE)--Post Oak Energy Capital, LP (“Post Oak”) today announced that Midway Energy Partners, LLC (“Midway”) has completed the sale of Permian Basin assets to multiple operators. Based in Midland, Texas, Midway is an upstream platform focused on the acquisition and development of operated positions across the Permian Basin, with a particular focus on the Midland Basin. “Midway reflects Post Oak’s strategy of backing entrepreneurial management teams with differentiated commerci
ACORE CAPITAL Appoints Cynthia Holahan as Chief Marketing Officer
NEW YORK--(BUSINESS WIRE)--ACORE CAPITAL, a leading U.S. commercial real estate debt investment manager, today announced the appointment of Cynthia Holahan as Chief Marketing Officer. In this newly created role, Holahan will lead ACORE CAPITAL’s global marketing strategy, brand positioning, investor communications, and business development marketing. “Cynthia’s appointment marks another step in our commitment to building a world-class leadership team that will drive growth as we enter an exciti
KnowledgeLake Appoints Billy Biggs as CEO to Lead Next Phase of Growth
ST. LOUIS--(BUSINESS WIRE)-- #AI--KnowledgeLake, an AI‑powered enterprise workflow automation platform, today announced the appointment of Billy Biggs as Chief Executive Officer. Biggs brings extensive experience scaling enterprise SaaS businesses and joins KnowledgeLake at a pivotal moment as the company accelerates its expansion and deepens its platform capabilities. KnowledgeLake helps enterprises eliminate the friction of document-heavy work, combining intelligent document processing (IDP), workf
