Posted on 10/13/17
Citigroup: Don't Fight Capital Returns Tailwind
Prior to the open, Citigroup (C) reported another quarter of solid earnings, backing up my long-held investment thesis that the financial was a huge value. During . . .
Posted on 10/13/17
Conifer Holdings Raises $30 Million in Subordinated Notes
NEW YORK, Oct. 12, 2017 (GLOBE NEWSWIRE) -- Conifer Holdings (NASDAQ:CNFR) a Michigan-based specialty-lines focused insurance holding company announced its agreement to raise $30,000,000 in subordinated . . .
Posted on 10/13/17
HPS Investment Partners Closes HPS Specialty Loan Fund 2016
HPS Investment Partners, a leading global investment firm with a focus on non-investment grade credit, today announced that it has completed fundraising for HPS Specialty Loan . . .
Posted on 10/12/17
Flushing Bank Expands Its Video Banker Services
UNIONDALE, N.Y., Oct. 11, 2017 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (Nasdaq:FFIC), the parent holding company for Flushing Bank, announced today that the Bank has expanded . . .
Posted on 10/12/17
Harris Williams & Co. Advises Cotton Holdings on Its Recapitalization
RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces . . .
Posted on 10/11/17
Penthera Partners Completes Equity Financing
Penthera Partners, creator of industry-leading download-to-go (D2Go) software, today announced that Liberty Global Ventures has led a $6 million investment round in Penthera Partners, Inc. Liberty . . .
Posted on 10/6/17
Dorsey Advises Briefing Media in Strategic Investment and Global Partnership with Urner Barry
NEW YORK--(BUSINESS WIRE)--International law firm Dorsey & Whitney LLP announced today that it represented Briefing Media Ltd., the world’s leading agribusiness media and information company, in . . .
Posted on 10/6/17
More Banks Join IBM's Blockchain Trade-Finance Project
While International Business Machines (NYSE:IBM) is not typically viewed as a tech company at the bleeding edge, blockchain is one area where Big Blue is leading . . .
Posted on 10/6/17
SunPower Collaborates with True Green Capital Management to Finance $140 Million of U.S. Commercial Solar Projects
SunPower (NASDAQ:SPWR) today announced a collaboration with True Green Capital Management LLC (TGC) – a privately owned, specialized energy infrastructure asset management firm –to establish a . . .
Posted on 10/5/17
Greystone Refinances SoCal Multifamily Portfolio for $41.6 Million
NEW YORK, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Greystone, a real estate lending, investment and advisory company, today announced it has provided $41,648,000 in Fannie Mae . . .
Posted on 10/4/17
Pine Brook Partners with PwC on SCALE
Pine Brook, a New York-based investment firm focused on building businesses in the financial services and energy sectors, today announced that is working in partnership with . . .
Posted on 10/4/17
Tech Veterans Set Up Global Public Offering Fund
NEW YORK--(BUSINESS WIRE)--Technology veterans set up a new fund to invest in U.S. growth companies to take them public on Asia-Pacific exchanges. The GPO Fund’s thesis . . .
Posted on 10/4/17
Lazard Asset Management Launches Equity Franchise Fund
NEW YORK--(BUSINESS WIRE)--Lazard Asset Management LLC today announced the launch of the Lazard Equity Franchise Portfolio (Institutional: LZFIX; Open: LZFOX).The Lazard Equity Franchise Portfolio (the “Fund”) . . .
Posted on 10/3/17
Barings Leads Financing for Sentinel’s Recapitalization of Total Military Management
CHARLOTTE, N.C., Oct. 03, 2017 (GLOBE NEWSWIRE) -- Barings, one of the world’s leading asset management firms with over $288 billion in assets under management, announced . . .
Posted on 10/3/17
FXCM Group Terminates Management Agreement With Global Brokerage
NEW YORK, Oct. 02, 2017 (GLOBE NEWSWIRE) -- FXCM Group, LLC, a leading international provider of online foreign exchange trading, CFD trading, spread betting and related . . .
Posted on 10/2/17
Prospect Capital Purchases $32 Million of First Lien Senior Secured Floating Rate Notes Issued by AgaMatrix
NEW YORK, Oct. 02, 2017 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ:PSEC) announced today that Prospect has purchased $32 million of first lien senior secured floating . . .
Posted on 10/2/17
Could Bank of America’s Stock Hit $30 Soon?
It's almost hard to believe that Bank of America's (NYSE:BAC) stock could be closing in on $30 a share, but it is. The reason it's hard . . .
Posted on 9/29/17
Envoy Management Announces New Transaction
Envoy Capital Management, LLC, an alternative asset manager, announced the recent funding of a unitranche facility to support the recapitalization of a pharmacy benefit management (PBM) . . .
Posted on 9/28/17
After a Year, Trump's Tax Plan Still Struggles to Fill in the Blanks
Tax reform was a key issue during the 2016 presidential election, and during his campaign, Donald Trump's tax plan inspired considerable debate. A full year after . . .
Posted on 9/26/17
Is Bank Of America Buffett's Next IBM-Level Mistake?
About a month ago, Warren Buffett exercised his preferred stock warrants and became Bank of America's (NYSE: BAC) largest common stockholder. As I outlined, his public . . .
Posted on 9/26/17
BNY Mellon Completes Successful Migration of Man AHL Book of Business
BNY Mellon, a global leader in investment management and investment services, today announced the completion of the migration of the Man AHL book of business. The . . .
Posted on 9/21/17
Interactive Brokers Announces Strategic Investment in Tiger Brokers
GREENWICH, Conn. & HONG KONG & AUCKLAND, New Zealand--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (NASDAQ GS:IBKR), the largest US electronic broker based upon daily average revenue trades, . . .
Posted on 9/20/17
Neuberger Berman Closes $1.1 Billion Credit Opportunities Fund
Neuberger Berman, a private, independent, employee-owned investment manager, is pleased to announce NB Private Equity Credit Opportunities Fund LP (the "Fund") closed on $1.1 billion of . . .
Posted on 9/19/17
Dime Community Bancshares Announces Retirement of Timothy King
BROOKLYN, N.Y., Sept. 18, 2017 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ:DCOM), the parent company of Dime Community Bank, announced Timothy B. King, Executive Vice . . .
Posted on 9/18/17
Deloitte Corporate Finance Advises Information Builders in its Minority Investment From Goldman Sachs & Co.
Deloitte Corporate Finance LLC acted as the exclusive financial advisor to Information Builders, Inc. (IBI), a leading provider of business intelligence and analytics and information management . . .
New York
