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KBRA Assigns AAA Rating to County of Chesterfield, VA General Obligation Bonds, Series 2026 and Assigns AA+ Rating to the Economic Dev. Authority of Chesterfield County, VA Revenue Bonds, Series 2026 and Outstanding Parity Bonds

Fri, 06/26/2026 - 11:59
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AAA to the County of Chesterfield, VA General Obligation Public Improvement Bonds, Series 2026 and assigns a long-term rating of AA+ to the Economic Development Authority of Chesterfield County, VA Revenue Bonds, Series 2026 and assigns a AA+ rating to outstanding appropriation debt. KBRA additionally affirms the long-term rating of AAA on outstanding General Obligation Bonds. All ratings with a Stable Outlook. Key Credit Considerati

Clara Capital Completes Development of Clara Connect, a Fully Automated Platform Connecting Small Businesses With Capital Through Strategic Partner Ecosystems

Fri, 06/26/2026 - 11:59
WOODBURY, N.Y.--(BUSINESS WIRE)--Clara Capital, a leading provider of working capital solutions for small and medium-sized businesses, today announced the successful completion and testing of Clara Connect, its fully automated marketplace platform designed to modernize how organizations connect business owners with access to capital. Clara Connect creates a seamless digital ecosystem that automates the entire funding workflow—from application intake and document collection to underwriting, appr

Sila Realty Trust, Inc. Stockholders Approve Acquisition by Affiliates of Blue Owl Capital Inc.

Fri, 06/26/2026 - 11:59
TAMPA, Fla.--(BUSINESS WIRE)--Sila Realty Trust, Inc. Stockholders Approve Acquisition by Affiliates of Blue Owl Capital Inc.

Sinda to Begin Trading on NYSE

Fri, 06/26/2026 - 11:59
NEW YORK--(BUSINESS WIRE)--Sinda Ltd. (the “Company” or “Sinda”), a silver exploration company with mineral projects in Mexico, will begin trading today on the New York Stock Exchange (the “NYSE”) under the ticker symbol “SIND”. Daniel Muñiz Quintanilla, Executive Chairman, said: “Silver mining has been an important component of Mexico's economy for centuries. Today silver is an essential metal for the global energy transition and remains an important monetary metal. Sinda’s silver/gold deposit

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

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