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Aquila Air Capital Upsizes Credit Facility to $400 Million

Fri, 06/26/2026 - 11:59
DUBLIN--(BUSINESS WIRE)-- #airctraftleasing--Aquila Air Capital (“Aquila”), a leading lessor based in Ireland and backed by funds managed by global alternative asset manager Wafra Inc., announced today the closing of a $400 million refinancing and upsizing of its Warehouse Facility with ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds. With this expanded facility, Aquila is well positioned to grow its already robust and diversified engine portfolio

Léa Dunand-Chatellet Appointed Chief Executive Officer of Mirova

Fri, 06/26/2026 - 11:59
PARIS--(BUSINESS WIRE)--Natixis Investment Managers (Natixis IM) today announces the appointment of Léa Dunand-Chatellet as Chief Executive Officer of Mirova, its affiliate dedicated to sustainable investing. Léa Dunand-Chatellet’s appointment was approved today by Mirova’s Board of Directors. She will assume her role on July 1, 2026, succeeding Philippe Zaouati. With over twenty years of experience in sustainable investing, Léa Dunand-Chatellet has worked for leading asset management firms, in

ICE First Look at Mortgage Performance: Mortgage Performance Holds Steady Despite Calendar-Driven Rise in Delinquencies

Fri, 06/26/2026 - 11:59
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today released the May 2026 ICE First Look at mortgage performance trends. The analysis found that while overall mortgage delinquencies increased modestly in May, the rise was largely driven by calendar-related factors rather than broad-based deterioration in mortgage performance. “While the headline incre

Morgan Stanley Wealth Management Expands Access to Private Markets and Alternatives with PMAX - Balanced and PMAX - Growth Funds

Fri, 06/26/2026 - 11:59
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management announced that it has expanded access to the Morgan Stanley Private Markets and Alternatives Fund ("PMAX") by registering it as PMAX - Balanced. This change removes the accredited investor requirement, lowers minimum investment amounts, and introduces daily subscriptions, making private market strategies accessible to a broader range of clients through a simplified, professionally managed investment vehicle. Morgan Stanley Wealth Manag

New research from Voya sheds light on the opportunities public sector employees have to improve their retirement confidence

Fri, 06/26/2026 - 08:59
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) today released new research1 examining the factors shaping retirement confidence among public employees, finding that while government workers report higher levels of retirement preparedness than their private-sector peers, opportunities remain to improve outcomes through greater engagement, education and access to guidance. The research, Beyond the Pension: What Really Drives Retirement Confidence for Public Employees, found that 89%

Wolters Kluwer Enablon is Recognized as a Leader in Verdantix Green Quadrant for Process Safety Management Software

Fri, 06/26/2026 - 08:59
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global provider of professional information, software solutions, and services, today announced that its Enablon platform is recognized as a Leader in the recently published 2026 Green Quadrant for Process Safety Management (PSM) software report by independent research firm Verdantix.The report assesses 11 leading PSM software providers and offers a comprehensive evaluation of solution capabilities and market momentum.Enablon PSM software’s strong capa

Marqeta to Announce Second Quarter 2026 Results on August 4, 2026

Fri, 06/26/2026 - 08:59
OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced that it will host a conference call and webcast to discuss second quarter 2026 financial results on Tuesday, August 4, 2026 at 4:30 pm ET. Hosting the call will be Mike Milotich, Chief Executive Officer, and Patti Kangwankij, Chief Financial Officer. A press release with the second quarter 2026 financial results will be issued after the market closes that same day. The conference call

GoldenTree Asset Management Announces Closing of $726 Million CLO Under GLM Strategy

Fri, 06/26/2026 - 08:59
NEW YORK--(BUSINESS WIRE)--GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $726 million collateralized loan obligation (“CLO”) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 30 (“GLM US CLO 30”), GoldenTree has issued 39 CLOs totaling nearly $22 billion under its GLM CLO strategy. Since its inception in January 2017, t

Novak Djokovic Joins General Atlantic as Global Strategic Advisor

Fri, 06/26/2026 - 08:59
NEW YORK & LONDON--(BUSINESS WIRE)--General Atlantic, a leading global investor, today announced that Novak Djokovic is joining the firm as Global Strategic Advisor. One of the most accomplished athletes in history and a global advocate for high performance and wellness, Mr. Djokovic will work closely with the firm's leadership, portfolio companies, and investors, bringing perspectives on leadership, resilience, and innovation that reflect General Atlantic's commitment to excellence. As Global

Best’s Market Segment Report: U.S. Cyber Market’s Premium Grows Slightly; Surplus Lines Writers Continue to Increase Role

Fri, 06/26/2026 - 08:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--A pair of distinct sub-markets have evolved within the U.S. cyber insurance space, one dominated by surplus lines carriers writing primary and excess cyber-specific policies and the other focused on endorsements to commercial policies, according to a new AM Best report. The results between the two vary, with third-party claims growing more rapidly within the surplus lines side of the market.The combined overall premiums generated from cyber insurance coverage incr

Warburg Pincus Invests in Network Plus

Fri, 06/26/2026 - 08:59
LONDON--(BUSINESS WIRE)--Warburg Pincus, the pioneer of private equity global growth investing, today announced that it has entered into an agreement to acquire Network Plus, one of the UK’s leading utility and infrastructure service providers, from OMERS Private Equity and shareholders. Founded in 2000 and headquartered in Worsley, Greater Manchester, Network Plus delivers essential maintenance, enhancement and operational services across the water, wastewater, gas, power, and broader infrastr

Elroy Air to Become Publicly Traded Company via Business Combination with Inflection Point-led SPAC

Fri, 06/26/2026 - 08:59
SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, Inc., a leading U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics, and Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (Inflection Point) and Cohen & Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (Nasdaq: IPXG), announced today tha

WisdomTree Honored at 2026 InvestmentNews Awards

Fri, 06/26/2026 - 08:59
NEW YORK--(BUSINESS WIRE)--WisdomTree today announced that it received a top honor at the 2026 InvestmentNews Awards, with WisdomTree named ETF Provider of the Year.

Cotchett, Pitre & McCarthy Files First Direct Purchaser Antitrust Class Action Challenging Alleged Global Shipping Container Cartel

Thu, 06/25/2026 - 23:59
BURLINGAME, Calif.--(BUSINESS WIRE)--Cotchett, Pitre & McCarthy “CPM” has filed the nation's first direct purchaser antitrust class action seeking to hold some of the world's largest shipping container manufacturers accountable for an alleged conspiracy to restrict output and fix prices for standard dry shipping containers sold throughout the United States.On June 24, 2026, Atlantic Coast Container, Inc., represented by CPM, filed a class action complaint in the United States District Court

Undue Medical Debt Announces $550 Million of Medical Debt Erased for Over 260,000 Californians

Thu, 06/25/2026 - 20:59
SANTA MONICA, Calif.--(BUSINESS WIRE)--Undue Medical Debt today announced that a transformative gift from Evan Spiegel and Miranda Kerr has erased over $550 million in medical debt for over 261,000 Californians, providing relief to families across the state as healthcare costs and broader affordability challenges continue to weigh on households. Brooklyn, a former recipient of medical debt relief in Woodland, CA, shares, “In 2018, I was in a traumatic car accident during a medical crisis. The a

AM Best Downgrades Credit Ratings of Star Mutual Risk Retention Group, Inc.

Thu, 06/25/2026 - 20:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to B- (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb-” (Good) of Star Mutual Risk Retention Group, Inc. (Star Mutual) (Knoxville, TN). The outlook of these Credit Ratings (ratings) is negative.The ratings reflect Star Mutual’s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, limited business profile and marginal enterpr

BMI INVESTOR REMINDER: Badger Meter, Inc. Investors Have Until August 3, 2026 To Seek Lead Plaintiff Role - Contact Kirby McInerney LLP

Thu, 06/25/2026 - 20:59
NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE:BMI) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.Investors have until August 3, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline

KBRA Assigns AA Rating to Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds, 2026 Series Two; Affirms Related Ratings

Thu, 06/25/2026 - 20:59
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds, 2026 Series Two and affirms the long-term rating of AA for the Authority's outstanding General Obligation Bonds. KBRA additionally affirms the long-term rating of AA+ for the State of Alaska's General Obligation Bonds as well as the long-term rating of AA for the State's Appropriation Bonds. The rating Outlook for each obligation is Stable. Key Cre

AM Best Upgrades Issuer Credit Rating of Berkley International Compañía de Garantías México S.A. de C.V.

Thu, 06/25/2026 - 20:59
MEXICO CITY--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior), affirmed the Financial Strength Rating (FSR) of A+ (Superior), and affirmed the Mexico National Scale Rating (NSR) of “aaa.MX” (Exceptional) of Berkley International Compañía de Garantías Mexico S.A. de C.V. (BICGM) (Mexico City, Mexico). The outlook of the Long-Term ICR has been revised to stable from positive, while the outlooks of the FSR and NSR are

AM Best Upgrades Issuer Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries

Thu, 06/25/2026 - 20:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent), all associated Long-Term Issue Ratings (Long-Term IR) and indicative Long-Term IRs for securities issued by W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE: WRB]. At the same time, AM Best has upgraded the Long-Term ICR to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Berkley Insur

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