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Kung Fu Tea Picks Toast to Power Peak Volume at Over 300 Locations

Lastest from Businesswire - 9 hours 8 min ago
BOSTON--(BUSINESS WIRE)--Kung Fu Tea Picks Toast to Power Peak Volume at Over 300 Locations

HarbourVest Partners Appoints Tony Ranaldi as Managing Director to Lead Private Credit Evergreen Strategy

Lastest from Businesswire - 9 hours 8 min ago
BOSTON--(BUSINESS WIRE)--HarbourVest Partners (“HarbourVest”) a global private markets asset manager, today announced the appointment of Tony Ranaldi as Managing Director, Evergreen Portfolio Management. Based in Boston, Ranaldi will lead portfolio management for HarbourVest’s Private Credit Evergreen strategy. HarbourVest is focused on providing investors with more flexible options to incorporate private markets into their investment portfolios. Ranaldi will play a key role in the expansion of

ABL and Factoring Add $173 Billion to U.S. GDP and Support 773,000 Jobs, New Study Finds

Lastest from Businesswire - 9 hours 8 min ago
NEW YORK--(BUSINESS WIRE)--As the U.S. looks to strengthen domestic manufacturing, supply chains and economic resilience, a new study from the Secured Finance Network (SFNet) finds that an often-overlooked segment of the credit markets provides a significant source of capital supporting those efforts. The 2026 Secured Finance Economic Impact Study found that asset-based lending (ABL) and factoring contribute approximately $173 billion annually to U.S. real GDP, equivalent to 0.5% of the economy

MetLife Investment Management Closes Galaxy 38 CLO

Lastest from Businesswire - 9 hours 8 min ago
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced the close of Galaxy 38 CLO, Ltd. (Galaxy 38), a $450 million target par new issue collateralized loan obligation (CLO). PineBridge Investments, which is part of MIM, serves as collateral manager for the transaction. BofA Securities, Inc. acted as arranger. Galaxy 38 marks the 45th CLO issuance by the Leveraged Finance team, building on t

ICE Launches Private Credit Reference Data Service

Lastest from Businesswire - 9 hours 8 min ago
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the launch of a new reference data service for private credit instruments. The new service builds on the recent launch of ICE IDs, which are the first foundational identifiers for private credit. As the private credit market has scaled, the data infrastructure supporting it has not kept pac

Janus Henderson Launches International Core Alpha ETF (JINT)

Lastest from Businesswire - 9 hours 8 min ago
DENVER--(BUSINESS WIRE)--Janus Henderson today announced the launch of the Janus Henderson International Core Alpha ETF (NASDAQ: JINT), an actively managed ETF designed to seek long-term growth of capital by investing across international equities.JINT extends the same SystemActive investment framework used throughout Janus Henderson's suite of U.S. Small Cap (JSML), SMID Cap (JSMD), and Mid Cap (JMID) ETFs into international markets. The strategy combines fundamentally informed research with pr

Second Leading Independent Proxy Advisor Glass Lewis Recommends Better Home & Finance Shareholders Oppose Vishal Garg’s Campaign to Remove a Majority of the Board

Lastest from Businesswire - 9 hours 8 min ago
NEW YORK--(BUSINESS WIRE)---- $BETR #BETR--The Special Committee of the Board of Directors (the “Special Committee”) of Better Home & Finance Holding Company (NASDAQ: BETR) (“Better” or the “Company”), today announced that a second independent proxy advisory firm, Glass, Lewis & Co., LLC (“Glass Lewis”), has recommended that Better shareholders not provide consent on Vishal Garg’s green consent card and instead “REVOKE CONSENT” on Better’s WHITE consent revocation card. Like Institutional Shareholder S

Secure Properties Completes $22 Million, 4-Property Sale-Leaseback with Early Education Operator in Omaha

Lastest from Businesswire - 9 hours 8 min ago
NEW YORK--(BUSINESS WIRE)--Secure Properties (“Secure”), a national investor focused on operationally essential, net-lease real estate, announced today the completion of an approximately $22 million, four-property sale-leaseback with a multi-unit franchisee of a leading national early education brand. All four assets are located in the Omaha, Nebraska market. The transaction was executed concurrently with the operator's acquisition of the portfolio, with Secure's real estate capital funding at

BlackRock Launches LifePath® Solutions, Broadening Access to Customizable Target Date Investing

Lastest from Businesswire - 12 hours 8 min ago
NEW YORK--(BUSINESS WIRE)--BlackRock today unveiled LifePath® Solutions (“LPS”), a customizable target date design framework that brings capabilities historically reserved for the largest retirement plans to a broader set of plan sponsors. LPS is the first target date solution that combines sophisticated plan and participant analysis with the option to leverage BlackRock’s whole-portfolio investment capabilities across private and public markets, access to guaranteed lifetime income, and active

Circle Launches Arc Mainnet, an Economic Operating System for the Internet

Lastest from Businesswire - 12 hours 8 min ago
NEW YORK--(BUSINESS WIRE)--Circle Internet Group, Inc. (NYSE: CRCL), one of the world's leading internet financial platform companies, today announced the public mainnet launch of Arc, an open Layer 1 blockchain purpose-built for financial markets, real-time money movement, and agentic economic activity. Arc launches with native integration into Circle’s full-stack platform (including USDC, the world's largest regulated digital dollar, with more than $74 billion in circulation); a founding vali

ACAMS Welcomes Jen Calvery, HSBC Financial Crime Risk and Compliance Head, to its Board of Directors

Lastest from Businesswire - 12 hours 8 min ago
WASHINGTON--(BUSINESS WIRE)--ACAMS, the global leader in certification and intelligence for anti-financial crime (AFC) professionals, today announced the appointment of Jen Calvery, Group Head of Financial Crime Risk and Compliance at HSBC and former Director of the Financial Crimes Enforcement Network (FinCEN), to its Board of Directors. Calvery’s appointment comes as AI changes both the nature of financial crime and the work of the professionals charged with combating it. Having served in law

WisdomTree Announces Exchange-Traded Fund (ETF) Share Split

Lastest from Businesswire - 12 hours 8 min ago
NEW YORK--(BUSINESS WIRE)--WisdomTree today announced a forward share split on the WisdomTree Japan Hedged Equity Fund (DXJ) (the “Fund”).

Lickly Unveils New Brand and Decision Intelligence Platform at UNBOUND 2026

Lastest from Businesswire - 12 hours 8 min ago
BOSTON--(BUSINESS WIRE)-- #AIMarketing--Lickly, an AI-driven Decision Intelligence platform for marketing and a RAD Intel company, today unveiled a new brand and expanded vision at UNBOUND 2026. The self-service SaaS platform helps brands and agencies understand who they need to reach, identify the creators and strategies best aligned to reach them and forecast potential campaign outcomes before marketing dollars are spent. The new positioning reflects a fundamental problem Lickly believes marketing technolog

Apella Wealth Welcomes Longview Financial Advisors, Expanding Bay Area Presence and Adding Approximately $384 Million in AUM

Lastest from Businesswire - 12 hours 8 min ago
WEST HARTFORD, Conn.--(BUSINESS WIRE)--Apella Wealth (“Apella”), a financial advisory and wealth management firm serving individuals, families and businesses, announced that Longview Financial Advisors, LLC (“Longview”), based in San Rafael, CA, has joined the firm. The acquisition strengthens Apella’s presence in the Bay Area and expands its ability to serve clients in a key California market. Longview serves professionals, families and retirees with a highly personalized approach to financial

Bolstering its Executive Team, Taktile Welcomes Engineering Powerhouse James Broadhead as CTO

Lastest from Businesswire - 12 hours 8 min ago
NEW YORK--(BUSINESS WIRE)--Taktile, the leader in AI transformation for financial institutions, today announced it has hired engineering veteran James Broadhead as its chief technology officer. Broadhead, who is based in Dublin, Ireland, most recently worked at Databricks and brings nearly 15 years of experience in software engineering and development, including at X (Twitter), Neon and MongoDB. At Neon, Broadhead led engineering through exponential growth of the platform driven by Agentic soft

Citi Institute Supply Chain Financing Report: Liquidity Takes Center Stage as Supply Chain Disruption Becomes Norm

Lastest from Businesswire - 12 hours 8 min ago
LONDON--(BUSINESS WIRE)--Citi Institute and Citi’s Services business today released a new report, The World Rewired: Shifts in Global Trade and Foreign Direct Investment. The report examines how corporate priorities are evolving as global supply chains mature. As the findings suggest, corporates are placing greater emphasis on working capital, liquidity and cash visibility while trade routes and sourcing relationships continue to change. According to the data, the conflict in the Middle East as

Insurers Are Ready to Hand Repeatable Work to AI, Just 6% Would Trust a General-Purpose Model to Do It

Lastest from Businesswire - 12 hours 8 min ago
HAMILTON, Bermuda--(BUSINESS WIRE)--The insurance market is ready to hand repeatable operational work to AI so it can win business it is currently turning away. A full 83% of the market supports AI executing repeatable work. A further majority, 75%, would only allow AI execution with a model built for insurance or governed inside their own rules. Both findings come from a report published today by ISG, the global technology research and advisory firm, and commissioned by mea Platform. The study

Hackuity Raises $19 Million to Help Enterprises Prepare for the AI-Driven Vulnerability Explosion

Lastest from Businesswire - 15 hours 8 min ago
LYON, France--(BUSINESS WIRE)--Hackuity, the leading AI-powered Vulnerability Operations Center (VOC), today announced a $19 million funding round led by Forgepoint Capital International, with participation from existing investors Bright Pixel, Bpifrance, and Seventure Partners. The investment brings Hackuity's total funding to $38 million and will accelerate product innovation, AI capabilities, and international expansion across Europe and Asia. The funding comes as cybersecurity reaches a tur

ETFBOOK Raises $13M to Expand ETF Data Intelligence Layer Into AMER and APAC Regions

Lastest from Businesswire - 15 hours 8 min ago
ZURICH & LONDON & NEW YORK--(BUSINESS WIRE)--ETFBOOK (SquaredData AG) has raised $13M in a funding round led by Expedition Growth Capital, with participation from existing investor BlackFin Capital Partners. This round funds the next phase of growth: expanding the default intelligence layer for the global ETF market and scaling it from EMEA to two other fast-growing regions – AMER and APAC. The timing of this round is deliberate. Global ETF markets are exploding, in number of products and in ma

Neo4j GraphAware Financial Crime Intelligence Debuts for Full-Cycle Detection, Investigation & Prevention

Lastest from Businesswire - 15 hours 8 min ago
SAN MATEO, Calif.--(BUSINESS WIRE)--Neo4jⓇ, the world’s leading graph intelligence platform, today announced Neo4j GraphAware Financial Crime Intelligence, a detection and investigation solution built on a reusable knowledge layer for enterprise AI, specifically to help banks and insurers prevent financial crime. The news marks the first milestone for Neo4j since closing its acquisition of GraphAware in August 2026. Financial crime: a $442bn global problem Fraud is a world-leading crime, second

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