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Nomura Capital Management Hires Ashu Pal as Head of Portfolio Management

Lastest from Businesswire - Mon, 04/21/2025 - 11:19
NEW YORK--(BUSINESS WIRE)--Nomura Capital Management LLC (NCM), a wholly owned subsidiary of Nomura Holding America Inc. and a multi-credit manager serving intermediary and institutional clients, today announced the hiring of Ashu Pal, CFA, as Head of Portfolio Management. Pal joined NCM in April and will focus on asset allocation and manager selection within private credit as a senior portfolio manager and team leader, actively supporting the firm’s ongoing growth initiatives in the Americas.

TPG and Temasek Join TA to Bolster Cliffwater’s Continued Expansion

Lastest from Businesswire - Mon, 04/21/2025 - 11:19
BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--TPG and Temasek join existing investor TA Associates to bolster Cliffwater’s continued expansion.

Northlight Capital Partners and Condor Partners Announce Refinancing & Future Funding for Mural Park

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
CHICAGO--(BUSINESS WIRE)--Northlight Capital Partners and Condor Partners Announce Refinancing & Future Funding for Mural Park

John Smith Joins Alliant Insurance Services’ Southeast Benefits Team

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--John Smith has joined Alliant Insurance Services as Assistant Vice President within its Employee Benefits Group. Based in North Carolina, Smith will provide strategic employee benefits solutions to a diverse client base throughout the Southeast, leveraging his extensive experience in sales, consulting, and risk management. “John’s depth of expertise and client-focused approach will enhance our ability to deliver innovative and cost-effective benefits solutions,”

Farmers National Bank Announces Retirement of Executive and Addition to Finance Team

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
CANFIELD, Ohio--(BUSINESS WIRE)--Farmers National Bank announced today the following changes in its Accounting and Finance Group. The change is prompted by Joseph Sabat’s decision to retire as Chief Accounting Officer, effective May 2nd, 2025. Sabat, who was promoted to Chief Accounting Officer in 2021, has been with Farmers since 2006. He previously served as the Bank’s Controller. The decision ends Sabat’s highly successful 25+ year career in accounting, finance and auditing. “On behalf of Fa

GAME 7 and Centric Brands Partner to Launch GAME 7 Apparel Line Available Exclusively in Amazon Stores

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
NEW YORK--(BUSINESS WIRE)-- #centricbrands--GAME 7, the multi-platform sports and entertainment brand, announces the launch of its first apparel line in partnership with Centric Brands LLC, and the new and style-driven sports team apparel collection will be available to consumers exclusively in the U.S. Amazon GAME 7 brand store beginning today. The partnership infuses the DNA of GAME 7’s high-performance ethos into Centric Brands’ vast design, merchandising, sales, sourcing and marketing expertise. The collect

Dream Finders Homes Announces the Closing of its Acquisition of Alliant National Title Insurance Company, Inc.

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dream Finders Homes, Inc. (the “Company”, “Dream Finders” or “DFH”) (NYSE: DFH) announced today that it has closed on its acquisition of Alliant National Title Insurance Company, Inc. (“Alliant National”) and a related affiliate after the initial deal announcement on October 23, 2024. The acquisition was formally closed on April 18, 2025. This acquisition represents a significant expansion of Dream Finders’ financial services capabilities, as Alliant Nationa

TourAxis Partners with Trevelino/Keller to Boost US Brand Awareness for Expat Explore

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
ATLANTA--(BUSINESS WIRE)--Trevelino/Keller, a nationally ranked, growth-driven PR and marketing firm, today announces its partnership with leading global travel innovator TourAxis to expand the U.S. customer base of Expat Explore, a premier group tour provider. Expat Explore’s tours, encompassing 50 countries across five continents, have steadily gained traction over the past 20 years, elevating the brand to a position of international market leadership in group travel. Trevelino/Keller will su

Rithm Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Warrants Commencing April 21, 2025

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
NEW YORK--(BUSINESS WIRE)--Rithm Acquisition Corp. (NYSE: RAC.U) (the “Company”), a blank check company, today announced that, commencing April 21, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated w

Saba Capital Files Lawsuit Against ASA Gold and Precious Metals and its Legacy Directors Over Latest Unlawful Poison Pill

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”) with 17.2% ownership of the Fund’s outstanding shares, today announced that it has filed a lawsuit in the United States District Court for the Southern District of New York (the “Court”) against ASA and the legacy members of its Board of Directors (the “Board”) – Mary Joan Hoene and Wi

Bain Capital and BlueWater Marinas Acquire Boathouse Marine Center

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
BOSTON & CHARLESTON, S.C.--(BUSINESS WIRE)--Bain Capital’s Real Estate team (“Bain Capital”) and BlueWater Marinas (“BlueWater”), led by Joe Miller and Dunston Powell, today announced the acquisition of Boathouse Marine Center (“BMC”), a dry-stack marina in Pompano Beach, Florida. Financial terms of the private, off-market purchase were not disclosed. Bain Capital and BlueWater formed a strategic joint venture in 2024 to acquire and operate high-quality, storage-centric marina properties in pre

Charles Schwab Extends Partnership With National Youth Development Organization 4-H

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab extends its long-standing partnership with National 4-H Council (4-H), which reaches nearly 6 million young people each year.

Dynex Capital, Inc. Announces First Quarter 2025 Results

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. ("Dynex" or the "Company") (NYSE: DX) reported its first quarter 2025 financial results today. Management will host a call today at 10:00 a.m. Eastern Time to discuss the results and business outlook. Details to access the call can be found below under "Earnings Conference Call." Financial Performance Summary Total economic return of $0.33 per common share, or 2.6% of beginning book value, comprised of dividends declared of $0.47 per common

Fiserv and Kansas Team Up to Launch Strategic Fintech Hub

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, together with the Kansas Office of the Governor today announced their plan to open a new strategic fintech hub in Overland Park, the largest suburb in the Kansas City metropolitan area. This location will bring approximately 2,000 jobs to the state as part of the company's strategy to bring people together to inspire innovation and deliver exceptional products and servic

QXO Announces Offering of Senior Secured Notes by Queen MergerCo, Inc.

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today that its wholly owned subsidiary, Queen MergerCo, Inc. (“Merger Sub”), intends to offer $2 billion in Senior Secured Notes due 2032 (the “Notes”), subject to market and other conditions. Merger Sub was formed in connection with QXO’s previously announced acquisition of Beacon Roofing Supply, Inc. (“Beacon”) under the Agreement and Plan of Merger dated March 20, 2025 (the “Merger Agreement”). Merger

Phillips 66 Issues Letter to Shareholders

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
HOUSTON--(BUSINESS WIRE)--Phillips 66 sent a letter to shareholders highlighting information for shareholders to make an informed voting decision at the Annual Meeting.

Guaranty Bancshares, Inc. Reports First Quarter 2025 Financial Results

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
ADDISON, Texas--(BUSINESS WIRE)-- #gnty--Guaranty Bancshares, Inc. (NYSE: GNTY) (the "Company," "we," "us," or "our"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended March 31, 2025. The Company's net income available to common shareholders was $8.6 million, or $0.76 per basic share, for the quarter ended March 31, 2025, compared to $10.0 million, or $0.88 per basic share, for the quarter ended December 31, 2024 and $6.7

MSCI and Moody's to Launch Independent Risk Assessments for Private Credit Investments

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE:MSCI) and Moody’s Corporation (NYSE:MCO) will jointly create a first-of-its-kind solution to provide independent risk assessments for private credit investments at scale. As the private credit market continues to evolve and grow, the need for consistent standards and better tools has become essential for investors to assess, compare and communicate the risk of their investments. MSCI offers a unique and comprehensive universe of high-quality private ca

Bank of Hawai‘i Corporation First Quarter 2025 Financial Results

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
HONOLULU--(BUSINESS WIRE)--Bank of Hawai‘i Corporation (NYSE: BOH) (the “Company”) today reported diluted earnings per common share of $0.97 for the first quarter of 2025, compared with $0.85 during the linked quarter and $0.87 during the same period last year. Net income for the first quarter of 2025 was $44.0 million, up 12.3% from the linked quarter and up 20.9% from the same period last year. The return on average common equity for the first quarter of 2025 was 11.80% compared with 10.30% d

Income Lab: Retirement Planning Just Got Faster and Easier for Advisors Who Custody With Schwab Advisor Services™

Lastest from Businesswire - Mon, 04/21/2025 - 08:19
DENVER--(BUSINESS WIRE)-- #IncomeLab--Income Laboratory, Inc. (Income Lab), maker of award-winning retirement planning software, today announced a new upgraded integration between Income Lab and Schwab Advisor Services. The new integration allows advisors using Income Lab to seamlessly access their client information from Schwab Advisor Center® via a new real-time API connection. Advisors can easily access client profiles and account details from within Income Lab to build retirement plans quickly and keep

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