Posted on 11/30/20
Miami International Holdings Equity Investment in StratiFi
Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX Options, MIAX PEARL and MIAX Emerald securities exchanges, today announced the completion of a . . .
Posted on 11/30/20
Castle Harlan Secures $295 Million Refinancing For Its Portfolio Company, Tensar Corp.
Castle Harlan, a New York private equity firm, today announced that it has secured a $295 million refinancing for its portfolio company, Tensar Corp., headquartered in . . .
Posted on 11/30/20
CIT Provides $38 Million Financing for Florida Apartment Complex
CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided a $38 million senior secured loan toward the acquisition of an apartment . . .
Posted on 11/30/20
Castle Harlan Secures $295 Million Refinancing For Its Portfolio Company, Tensar Corp.
Castle Harlan, a New York private equity firm, today announced that it has secured a $295 million refinancing for its portfolio company, Tensar Corp., headquartered in . . .
Posted on 11/30/20
White Oak Provides $5MM Receivables Financing Facility to Telecom Services Company
White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced it provided a $5 million receivables financing facility to a telecommunications and . . .
Posted on 11/30/20
Mastercard: 10% Annualized Return With COVID-19 Ending In 2021
SummaryMastercard released its latest volume data for the last 4 weeks on Tuesday night, showing “relatively steady” trends from Q3 2020.Global volumes remained about 3% higher . . .
Posted on 11/29/20
C.K. McWhorter CEO of CTRL USA Announces $5B Private Equity-Value Add Fund
NEW YORK, Nov. 27, 2020 (GLOBE NEWSWIRE) -- CTRL USA has launched a new global fund, seeking to raise at least $3.5 billion for its second . . .
Posted on 11/25/20
BlackRock Buys Aperio, Boosting Its Separately Managed Accounts
Asset management firm BlackRock (NYSE:BLK) is acquiring Aperio, which provides customized index equity separately managed accounts (SMAs) for individuals with ultra-high net worth and institutions served . . .
Posted on 11/25/20
JPMorgan Chase Fined $250M for Poor Internal Controls in Fiduciary Business
The U.S. Office of the Comptroller of the Currency (OCC) is fining JPMorgan Chase (NYSE:JPM) $250 million for having poor risk management practices and internal controls . . .
Posted on 11/24/20
Elevian Closes $15 Million Equity Financing
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, today announced the closing . . .
Posted on 11/24/20
Accenture Invests in TripleBlind
Accenture (NYSE: ACN) through Accenture Ventures, made a strategic investment in TripleBlind, a Kansas City-based data privacy and virtual clean room solution provider.The amount of the . . .
Posted on 11/24/20
Valley National Bancorp: Buy For Resilient Fundamentals
SummaryValley National Bancorp is the rare regional bank which has posted extraordinarily robust results in Q3 2020, its highest ever quarterly earnings, amid COVID-19 and near-zero . . .
Posted on 11/23/20
Timex Group Announces Growth Recapitalization with The Baupost Group
Timex Group, the global maker of timepieces, today announced that its owners have entered into an agreement pursuant to which an affiliate of The Baupost Group, . . .
Posted on 11/23/20
Annaly Capital Management Redeems 18,400,000 Outstanding Shares
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE: NLY), a Maryland corporation, today provided notice to the record holders of the Company’s 7.50% Series D Cumulative Redeemable . . .
Posted on 11/20/20
Precision Medicine Group Secures Major Investment from Blackstone
NEW YORK & BETHESDA, Md.--(BUSINESS WIRE)--Precision Medicine Group and Blackstone (NYSE: BX) today announced that PMG, a leading next-generation provider of drug development and commercialization services, has . . .
Posted on 11/20/20
Quantum Health Announces Investment from Warburg Pincus and Great Hill Partners
Quantum Health, the industry-leading consumer healthcare navigation and care coordination company, announced today a significant investment from Warburg Pincus, a leading global private equity firm focused . . .
Posted on 11/19/20
Sony Music Masterworks Invest In Seaview
Sony Music Masterworks, a division of Sony Music Entertainment, today announces it has made a strategic investment in Seaview, a leading theater production company headed by . . .
Posted on 11/19/20
Espresso Capital Extends $7.5 Million Credit Facility to Zype
Espresso Capital announced today that it has provided Zype, a leader in video content management and distribution software, with a $7.5 million credit facility. The company . . .
Posted on 11/19/20
Mastercard Acquires Finicity
Mastercard (NYSE: MA) today announced it has completed its acquisition of Finicity, a leading North American provider of real-time access to financial data and insights.
Posted on 11/19/20
Western Asset High Income Fund II Final Results of Issuer Tender Offer for Common Stock
NEW YORK--(BUSINESS WIRE)--Western Asset High Income Fund II Inc. (NYSE: HIX) announced today the final results for its issuer tender offer for up to 35% of . . .
Posted on 11/19/20
Citi Foundation Provides $15 Million in Support to 30 Community Development Financial Institutions Across the U.S.
NEW YORK--(BUSINESS WIRE)--The Citi Foundation today named 30 Community Development Financial Institutions (CDFIs) that will collectively receive $15 million to support their efforts to provide small . . .
Posted on 11/19/20
CAIS Announces $50M Equity Investment
NEW YORK--(BUSINESS WIRE)--CAIS, the leading alternative investment platform, today announced an agreement for a $50M Series B equity investment from Eldridge, a holding company with a . . .
Posted on 11/19/20
Coty: The Recovery Is Now
SummaryThe effects of new management and fixed cost reductions are starting to show.The sale of Wella significantly deleverages the balance sheet.Stakes in Kylie Cosmetics and KKW . . .
Posted on 11/19/20
What We Learned About Citigroup's Regulatory Problems From Its CAO's First Public Appearance
Citigroup's (NYSE:C) new chief administrative officer, Karen Peetz, made her first public appearance earlier this month at Bank of America's Future of Financials Conference. Peetz joined . . .
Posted on 11/19/20
Goldman Sachs Launches More Job Cuts to Achieve Better Efficiency
Goldman Sachs (NYSE:GS) is pushing ahead with a fresh round of job cuts after just launching a round of layoffs in September, Bloomberg reported .One of . . .
New York
