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Partners Group Welcomes White House Executive Order Advocating for Inclusion of Private Markets Investments in Defined Contribution Pension Funds
NEW YORK--(BUSINESS WIRE)--Partners Group, one of the largest firms in the global private markets industry, welcomes the Executive Order signed today by US President Donald Trump, which aims to allow 401(k) investors to access alternative assets for better returns and diversification and instructs the Department of Labor (“DOL”) to work with the Secretary of the Treasury, the Securities and Exchange Commission, and other federal regulators to facilitate this. David Layton, CEO, Partners Group,
PennyMac Financial Services, Inc. Announces Pricing of Private Offering of $650 Million of Senior Notes
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company” or “PennyMac Financial”) today announced the pricing of its previously announced offering of $650 million aggregate principal amount of 6.750% Senior Notes due 2034 (the “Notes”). The Notes will bear interest at 6.750% per annum and will mature on February 15, 2034. Interest on the Notes will be payable semi-annually on February 15 and August 15 of each year, beginning o
Goldman Sachs BDC, Inc. Reports June 30, 2025 Financial Results and Announces Third Quarterly Base Dividend of $0.32 Per Share, Special Dividend of $0.16 Per Share and Second Quarter Supplemental Dividend of $0.03 Per Share.
NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the second quarter ended June 30, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS Net investment income per share for the quarter ended June 30, 2025 was $0.38. Excluding purchase discount amortization per share of $0.01 from the Merger (as defined below), adjusted net investment income per share wa
Transcontinental Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025
DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $0.2 million or $0.02 per diluted share, compared to $1.5 million or $0.17 per diluted share for the same period in 2024. Financial Highlights Total occupancy was 82% at June 30, 2025, which includes 94% at our multifamily properties and 57% at
Income Opportunity Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025
DALLAS--(BUSINESS WIRE)--Income Opportunity Realty Investors, Inc. (NYSE American:IOR) is reporting its results of operations for the quarter ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $1.0 million or $0.24 per diluted share compared to a net income of $1.2 million or $0.28 per share for the same period in 2024. Our decrease in net income is attributable to a decrease in interest income. About Income Opportunity Realty
American Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025
DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $2.8 million or $0.18 per diluted share, compared to $1.2 million or $0.07 per diluted share for the same period in 2024. Financial Highlights Total occupancy was 82% at June 30, 2025, which includes 94% at our multifamily properties and 57% at our com
Ellington Financial Inc. Reports Second Quarter 2025 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today reported financial results for the quarter ended June 30, 2025. Highlights Net income attributable to common stockholders of $42.9 million, or $0.45 per common share.1 $56.8 million, or $0.60 per common share, from the investment portfolio. $57.8 million, or $0.61 per common share, from the credit strategy. $(1.0) million, or $(0.01) per common share, from the Agency strategy. $10.7 million, or $0.11 per co
Generational Group Advises a Building Supply Chain in Its Sale to Gold Beach Lumber Yard
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of a Building Supply Chain to Gold Beach Lumber Yard. The acquisition closed April 4, 2025. Located in Gold Beach, Oregon, Gold Beach Lumber Yard has expanded its footprint with the addition of two more building supply chain locations. This acquisition brings the company’s total to nine locations, strengthening its presence throughout weste
Mill City Partners with Galaxy Digital for Treasury Management, Advancing Institutional-Grade Access to Sui Blockchain
WAYZATA, Minn.--(BUSINESS WIRE)--Mill City Ventures III, Ltd. (“Mill City” or the “Company”) (NASDAQ: MCVT), the only publicly traded SUI treasury, today announced a strategic partnership with leading digital asset firm Galaxy Digital Inc. (NASDAQ/TSX: GLXY). Galaxy Asset Management, a division of Galaxy Digital, will serve as the asset manager for the $450 million SUI treasury strategy at Mill City, the largest SUI treasury on the public markets today. Galaxy Digital is also a significant inve
Empower Applauds Executive Order Supporting Broader Investment Access in 401(k) Plans
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower today expressed strong support for a new executive order directing the Department of Labor (DOL) to reevaluate guidance around alternative asset investments in retirement plans and work with the Securities and Exchange Commission (SEC) and the Treasury Department to explore expanded access to a broader range of asset classes—including private investments, cryptocurrency, lifetime income, and other investment types—within 401(k) and other define
Centuri Announces Launch of Secondary Public Offering of Common Stock
PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”) today announced the commencement of an underwritten secondary public offering of 15,000,000 shares of Centuri’s common stock by Southwest Gas Holdings, Inc. (“Southwest Gas”) as selling stockholder (the “Offering”). Southwest Gas also expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of Centuri’s common stock. In addition to the shares of Centuri’s common s
Stone Ridge Buys Oklahoma Assets From ConocoPhillips
NEW YORK--(BUSINESS WIRE)--Stone Ridge Holdings Group (“Stone Ridge”), a financial services firm focused on alternative asset management, reinsurance, and bitcoin, today announced that its energy platform, Stone Ridge Energy (“SRE”), entered into a definitive agreement to acquire a major portfolio of Oklahoma energy assets from ConocoPhillips for approximately $1.3 billion. This marks SRE’s second acquisition this year, after purchasing over $1 billion of energy assets in Colorado, bringing SRE
RLJ Lodging Trust Reports Second Quarter 2025 Results
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2025. Second Quarter Highlights Portfolio Comparable RevPAR of $155.08, a decrease of 2.1% over the prior year Total Revenues of $363.1 million Net Income of $28.6 million Comparable Hotel EBITDA of $113.0 million Adjusted EBITDA of $104.0 million Adjusted FFO per diluted common share and unit of $0.48 Repurchased 0.8 million shares for approximately $
Victory Capital Reports Strong Second-Quarter Results
SAN ANTONIO--(BUSINESS WIRE)---- $VCTR--Victory Capital reports Adj Diluted EPS of $1.57; Board authorizes increase of share repurchase plan to $500MM; financial condition strengthens
Horizon Technology Finance Announces Monthly Distributions for October, November and December 2025 Totaling $0.33 per Share
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its board of directors has declared monthly cash d
Veritone Reports Second Quarter 2025 Results
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced results for the second quarter ended June 30, 2025. “In the second quarter, we achieved the top end of our updated June revenue guidance of $24 million, grew our core AI software revenue 45%, and remain on track to achieve profitability by the second half of 2026,” said President and Chief Executive Officer, Ryan Steelberg. “Our second quarter results were driven
Ellington Credit Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on September 30, 2025 to shareholders of record as of August 29, 2025. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward
Ellington Financial Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common stock, payable on September 30, 2025 to stockholders of record as of August 29, 2025. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwar
FranklinCovey Promotes Holly Procter to President of its Enterprise Division
SALT LAKE CITY--(BUSINESS WIRE)-- #AllAccessPass--FranklinCovey Promotes Holly Procter to President of its Enterprise Division: She Brings Leadership Experience in Driving Customer and Revenue Growth
i3 Verticals Reports Third Quarter 2025 Financial Results
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal third quarter ended June 30, 2025. Highlights from continuing operations1 for the three and nine months ended June 30, 2025 vs. 2024 Third quarter revenue from continuing operations was $51.9 million, an increase of 12.4% over the prior year's third quarter. Revenue from continuing operations for the nine months ended June 30, 2025, was $158.