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Apis Point Energy Raises $4.2M Series A to Scale Proprietary Platform Designed To Eliminate Fuel Price Volatility for Fuel Distributors and Their Customers
NEW YORK--(BUSINESS WIRE)--Apis Point Energy, a provider of innovative price risk management solutions for fuel dealers and commercial end-users, today announced it has closed an oversubscribed $4.2 million Series A funding round. The investment was led by Merrin Investors, LLC, the investment firm of FinTech pioneer Seth Merrin, founder of Liquidnet. Other strategic investors included Neal Shear, former Global Head of Commodities at Morgan Stanley and former CEO of Cheniere Energy, and Joseph
Elevate Launches Collegiate Investment Initiative to Support Growth of Athletic Programs
NEW YORK--(BUSINESS WIRE)--Elevate, a leader in sports and entertainment strategy and investment, today announced the launch of its Collegiate Investment Initiative, in partnership with Velocity Capital Management (“Velocity”) and the Texas Permanent School Fund Corporation (“Texas PSF”). This groundbreaking initiative reaffirms Elevate’s long-standing commitment to college athletics and is designed to provide colleges and universities with capital and strategic resources to develop revenue-gen
Co-operators Transforms Claims Operations with Guidewire ClaimCenter on Guidewire Cloud Platform
GUELPH, Ontario & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Co-operators successfully implemented ClaimCenter on Guidewire Cloud Platform to power its claims management functions.
Deep Track Capital Sends Letter to Dynavax Technologies Shareholders Offering Final Perspectives on Why Change is Needed in the Boardroom
GREENWICH, Conn.--(BUSINESS WIRE)--Deep Track Capital, LP, (together with its affiliates, “Deep Track” or “we”), one of the largest shareholders of Dynavax Technologies Corporation (NASDAQ: DVAX) (“Dynavax”, “DVAX” or the “Company”), with ownership of approximately 14.82% of the Company’s outstanding shares, today issued a letter to shareholders detailing the benefits of electing Deep Track’s four nominees – Brett Erkman, Jeffrey Farrow, Michael Mullette and Donald Santel – to the Board of Dire
Victor Capital Partners Strengthens and Expands Team with Experienced Private Equity Professionals to Support Continued Growth
NEW YORK--(BUSINESS WIRE)--Victor Capital Partners (“Victor Capital”), a leading middle market private equity firm that partners with branded businesses in the specialty consumer, industrial technology and business services sectors, today announced that it has added five experienced private equity professionals to its team to support the firm’s momentum and continued growth trajectory. The new appointments—which span key business functions including investments, investor relations, business dev
Winged Keel Group Continues its Accelerated Growth with the Acquisition of BryanMark Group, Furthering its Market Expansion
NEW YORK--(BUSINESS WIRE)--Winged Keel Group (“Winged Keel”) today announced the acquisition of BryanMark Group, a St. Louis-based provider of life insurance solutions to affluent and ultra-affluent clients. This transaction follows the announcement of GTCR’s strategic investment in Winged Keel in early 2025 to accelerate its growth trajectory and ongoing efforts to build the premier destination for distinguished life insurance advisors and their clients. As part of the acquisition, BryanMark G
AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding Notes
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the results of its previously announced 10 separate offers (the “Offers”) to purchase for cash the notes of the series listed in the table below (collectively, the “Notes”) and that it has amended the Offers by increasing the applicable Maximum Purchase Consideration from $300 million to $455 million. The Offers were made pursuant to AIG’s Offer to Purchase, dated June 2, 2025 (the “Offer to Purchase”), wh
BlackRock Announces Board Approvals Seeking to Deliver Significant Scale Benefits to Municipal CEF Shareholders
NEW YORK--(BUSINESS WIRE)---- $BFK--BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations and mergers (each, a “Reorganization” and collectively, the “Reorganizations”), as applicable: These include a number of previously approved reorganizations: 1-21-2025 Press Release. Reorganization of BlackRock Long-Term Municipal Advantage Trust (BTA)
The Navan Group Announces Leadership Appointments
LONDON--(BUSINESS WIRE)--Navan, the all-in-one global travel and expense management platform, today announced the appointment of Nina Herold as CEO of Reed & Mackay, effective October 1, 2025. Herold will replace Fred Stratford, who will be retiring after 13 years with the company. In order to ensure a seamless transition, Herold will join Reed & Mackay at the beginning of August, before officially assuming the role of CEO in October. Since acquiring Reed & Mackay in 2021, Navan has
Eagle Point Income Company Inc. Announces Common Stock Repurchase Program
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that its board of directors has authorized a program to repurchase up to $50 million of the Company's common stock in the open market. The repurchase program will remain in effect until June 9, 2026, unless otherwise extended or earlier discontinued. The timing, manner, price and amount of any repurchases will depend on the Company’s stock price, market conditions, ap
BharCap Partners Closes Oversubscribed Fund II at $652 Million
GREENWICH, Conn.--(BUSINESS WIRE)--BharCap Partners, LLC ("BharCap"), a private equity firm focused on the financial services sector, today announced the final closing of its second fund, BharCap Partners Fund II, LP (“Fund II”). Fund II was oversubscribed with $652 million in equity capital commitments, 30% above its $500 million target. BharCap has raised over $1.1 billion of committed equity capital through Fund II and affiliated co-investment vehicles. BharCap is led by founding partners Bh
TrueBlue Recognized for MSP Leadership by HRO Today on 2025 Baker’s Dozen
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced it has been recognized for its leadership in Managed Service Provider (MSP) solutions by HRO Today, following strong performance by its PeopleScout brand in the 2025 MSP Baker’s Dozen Customer Satisfaction Ratings. PeopleScout ranked No. 1 in both the Breadth of Service and Size of Deal categories, and No. 4 overall. “This recognition reflects the trust our clients place
ShopOne and its JV Partners Acquire Food Lion-Anchored Staples Mill Plaza in Richmond MSA
NEW YORK--(BUSINESS WIRE)--ShopOne Centers REIT Inc. (“ShopOne”), a fully integrated U.S. retail shopping center investment, management, and operating platform, together with its joint venture partners Pantheon and a leading global institutional investor, announces the acquisition Staples Mill Plaza, a 70,147 square-foot grocery-anchored shopping center located in Richmond, Virginia. This acquisition marks ShopOne's second property in Virginia and its first in the Richmond MSA. Ideally situated
Racepoint Global Adds Children’s Music Fund to Client Roster
BOSTON--(BUSINESS WIRE)--Today, earned-first creative agency, Racepoint Global, announced the addition of Children's Music Fund (CMF) to its client roster. The nonprofit organization is transforming pediatric care through Music Therapy for children facing serious medical conditions. Racepoint’s integrated marketing strategy will help to increase awareness of Children’s Music Funds’ mission, showcase patient stories and highlight the benefits of Music Therapy for children facing chronic conditio
Western Asset High Yield Defined Opportunity Fund Inc. Announces Results of Special Meeting of Stockholders and Other Fund Developments
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement
Moelis & Company Announces Key Senior Leadership Changes
NEW YORK--(BUSINESS WIRE)--Moelis & Company announces key senior leadership changes
Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management announces reduction of operating expense ratios for 4 equity index ETFs and forward share splits on 6 Schwab mutual funds.
More Than Research: YCharts Powers Personalized Proposals at Scale
CHICAGO--(BUSINESS WIRE)--YCharts enhances proposal workflows with tools for risk alignment, household-level planning, and AI-powered prep.
Leading Appellate Advocate Jeff Oldham Joins Jackson Walker to Chair Appellate Section
AUSTIN, Texas--(BUSINESS WIRE)--Jackson Walker is proud to announce that Jeff Oldham, one of Texas’s most accomplished appellate lawyers, has joined the firm as a partner in our Austin and Houston offices and as firmwide chair of our appellate practice. Jeff’s arrival further strengthens Jackson Walker’s appellate section, following the recent addition of former Texas Supreme Court Chief Justice Nathan L. Hecht and building on the leadership of Justice Jennifer Caughey, who chaired the firm’s a
NCR Atleos Research Reveals Security and Complexity Management as Top Drivers for Network Infrastructure Investments
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”) Telecom & Technology (T&T) Division today announced results from its recent survey that explored the factors IT leaders consider when making investment decisions about enterprise networking, including domains like LAN, WAN and network security. Data was obtained by Technology Business Research from an enterprise networking survey conducted in Q4 2024. For more on the survey, its findings and industry implications,