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First Eagle Investments’ High Yield Municipal Business Hits One-Year Milestone with Record Asset Growth and Performance
NEW YORK--(BUSINESS WIRE)--First Eagle Investments ("First Eagle") today announced a milestone achievement for its High Yield Municipal Credit business under the leadership of team Head and Chief Investment Officer John Miller. Miller joined the firm on January 2, 2024, and serves as lead portfolio manager for both the First Eagle High Yield Municipal Fund (I Shares: FEHIX; A Shares: FEHAX; C Shares: FEHCX; R6 Shares: FEHRX) and First Eagle Short Duration High Yield Municipal Fund (I Shares: FD
Groundbreaking Study Reveals the Biggest Threat to AI Initiatives Is Dirty Data
SAN FRANCISCO--(BUSINESS WIRE)--Ketch, a Data Permissioning Platform for privacy operations and data activation, today announced the publication of "Dirty Data, Broken AI: The Hidden Threat Derailing Your Competitive Edge." The research sheds light on a critical risk facing businesses leveraging artificial intelligence (AI): the pervasive issue of "dirty data" and its potential to derail AI-driven growth strategies. As AI becomes an essential tool for personalized marketing, decision-making, an
InTandem Capital Completes Strategic Investment in Healthfuse, the Leader in Revenue Cycle Vendor Management
NEW YORK--(BUSINESS WIRE)--InTandem Capital Partners, LLC (“InTandem Capital” or the “Firm”), a healthcare services focused private equity firm, announced today that it has completed a strategic equity investment in Healthfuse (the “Company”), the industry leader in revenue cycle vendor management. Founded in 2011 and headquartered in Milwaukee, Wisconsin, Healthfuse combines proprietary technology, analytics, and research to improve vendor performance, optimize collections and reduce costs for
Leafly Announces Receipt of Notice of Delisting from Nasdaq and Transition to Over-The-Counter Market
SEATTLE--(BUSINESS WIRE)--Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced that it received notice that the Nasdaq Hearings Panel has determined to delist the Company's common stock from The Nasdaq Stock Market LLC ("Nasdaq") due to the Company's failure to comply with the minimum $500,000 in net income from continuing operations in the most recently completed fiscal year, or tw
Swap and Avalara Partner to Help Online Retailers Conquer Cross-Border Complexity
LONDON--(BUSINESS WIRE)--Swap, the e-commerce operating system (OS) that connects operations on one platform for e-commerce brands, today announced an enhanced partnership with Avalara, Inc., a leading provider of tax compliance automation software for businesses of all sizes. Swap and Avalara will collaborate to enable cross-border compliance for brands selling on marketplaces and platforms globally, which includes hundreds of brands currently served by Swap, in addition to powering cross-bord
LINQ Launches School Nutrition Suite to Modernize K-12 Nutrition Management and Improve Student Outcomes
WILMINGTON, N.C.--(BUSINESS WIRE)--LINQ, the premier software provider exclusively serving K-12 school operations, today launched the LINQ School Nutrition Suite, a unified cloud-based platform designed to streamline school nutrition program operations, reduce administrative burden, and ensure students are fed and ready to learn. Building on LINQ’s proven track record of supporting over 1 billion meals served annually to more than 17 million students, the LINQ School Nutrition Suite brings toge
Tradable Brings $1.7 Billion in Tokenized Alternative Assets to ZKsync, Secures Strategic Investment from ParaFi Capital
CHICAGO--(BUSINESS WIRE)--Tradable, a pioneering technology company focused on making institutional-quality investments accessible to a broader range of participants, has achieved a significant milestone by tokenizing $1.7 billion of assets across nearly 30 institutional-grade private credit positions. Tradable is now the third-largest real-world asset platform globally and brings unique scale, quality, and diversity to the tokenized asset space. Tradable’s mission is to bring web3 technology t
Propel Health Welcomes Christopher Blanco as New Chief Financial Officer
GLADSTONE, N.J.--(BUSINESS WIRE)--Propel Health, a leading provider of multichannel healthcare communications and speakers bureau technology and services to the biopharmaceutical industry, is excited to announce that Christopher Blanco has joined the organization as Chief Financial Officer (CFO). With a distinguished career spanning over two decades, Christopher brings a wealth of experience in financial strategy, operational efficiency, and business transformation across a variety of industrie
Golub Capital Announces Another Year of “Good Boring” Results: Solid Investor Performance, Strong Deal Activity and Continued Global Expansion in 2024
NEW YORK--(BUSINESS WIRE)--Golub Capital announced that 2024 was marked by solid investor performance, strong deal activity with private equity sponsors, record fundraising, continued global expansion and growth in its impact philanthropy programs. For Golub Capital, 2024 represented another year of delivering consistent results for its stakeholders, demonstrating the reliability the Firm highlighted in the theme of its annual investor conference: “30 Years of Good Boring.” “At Golub Capital, w
Homrich Berg Expands Family Office Services With the Close of $6.4 Billion RIA WMS Partners Acquisition
ATLANTA--(BUSINESS WIRE)--HB Wealth Management (HB), a leading Atlanta-based fee-only wealth advisor with offices across the Southeast, announces the close of its acquisition of WMS Partners (WMS), a $6.4 billion AUM RIA headquartered in Towson, Maryland. This strategic transaction enhances HB’s family office service offerings, strengthens its presence in the mid-Atlantic region, and positions the combined firm to better serve ultra-high-net-worth families across the U.S. Founded in 1993, WMS P
Omega Systems Partners with Revelstoke Capital to Accelerate Managed IT Services Growth
READING, Pa.--(BUSINESS WIRE)--Omega Systems, a leading provider of managed IT and security services, is pleased to announce a strategic investment from Revelstoke Capital Partners, a growth-oriented private equity firm. Through its partnership with Revelstoke, Omega – a two-time CRN Triple Crown Award winner and #25 fastest growing IT service provider in North America – plans to expand its geographic footprint, enhance its already substantial security and compliance portfolio and deepen its su
Whole Foods Market Accepting Applications for its 2025 Local and Emerging Accelerator Program
AUSTIN, Texas--(BUSINESS WIRE)--Whole Foods Market Accepting Applications for its 2025 Local and Emerging Accelerator Program.
Core Sound Imaging, Provider of Medical Imaging Platform Studycast, Announces $80 Million Growth Investment from PSG
RALEIGH, N.C.--(BUSINESS WIRE)--Core Sound Imaging, provider of medical imaging platform Studycast, today announced an $80 million growth investment from PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth. The investment will support Studycast’s plans to help accelerate its growth in core verticals, enter new clinical areas, and further enable AI usage on its platform. As part of the i
January 21st is National “Check Your Coverage Day”
NEW YORK--(BUSINESS WIRE)--Talkspace is kicking off 2025 by launching National “Check Your Coverage Day" to help Americans navigate their mental health benefits.
Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on PROCEPT BioRobotics (NASDAQ: PRCT)
NEW YORK--(BUSINESS WIRE)--Spruce Point Capital Management, LLC (“Spruce Point” or “we” or “us”), a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report entitled, “Pulling Back the Curtain on Procept,” that outlines why we believe and estimate that shares of PROCEPT BioRobotics (Nasdaq: PRCT) (“Procept” or the “Company”) face up to 30% – 60% potential long-term downside to approximately $29 - $54 per share and has market u
HarbourVest Partners Appoints Raymond Ahn as Chief Marketing Officer (CMO) and Jon Thomas as Chief Accounting Officer (CAO)
BOSTON--(BUSINESS WIRE)--HarbourVest Partners, the global private markets investment specialist, today announced the appointment of Raymond Ahn as a managing director and CMO and Jon Thomas as a managing director and CAO. Ray will be responsible for leading the global brand across regions, client segments and general partners. Jon will be responsible for leading global financial reporting and controllership as well as financial operations functions. “We are pleased to welcome Ray and Jon to Har
Stephens Public Finance Expands Texas Team With Hiring of Stan Osborne
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Stephens Inc. today announced Stan Osborne has joined as a Vice President for Public Finance in the firm’s Houston office. Mr. Osborne brings more than 20 years of school finance experience, most recently in Texas. His diverse background includes military service and as a political representative, providing a holistic perspective to this role. Mr. Osborne is the latest addition to the team of Texas educational specialists within Stephens who support K-12 and
BlackRock Bolsters Outcome-Oriented ETF Suite with Accelerated Return Strategy
NEW YORK--(BUSINESS WIRE)--The outcome-oriented ETFs space has seen exponential growth from $5bn to over $160bn in the past five years as more investors seek differentiated outcomes through the liquidity and transparency of ETFs.1 This market has also witnessed significant progress in product innovation. Today, BlackRock expands its outcome-oriented product suite with the launch of the iShares Large Cap Accelerated ETF (CBOE:TWOX) to help investors seek enhanced returns up to an approximate cap
Optimism Among Advisors Increases Post-Election According to Security Benefit’s “RIA Economic Outlook Index”
TOPEKA, Kan.--(BUSINESS WIRE)--Registered Investment Advisors (RIAs) have an improved outlook and increased optimism following the U.S. election, according to the latest RIA Economic Outlook Index from Security Benefit in partnership with Greenwald Research. The index found that the RIA sentiment surrounding economic conditions from a range of 0 (extremely pessimistic) to 100 (extremely optimistic) rose to 56 after falling to 53 in the third quarter of 2024. Though outlooks have improved among
SoFi and PGIM Fixed Income Announce $525 Million Securitization Agreement, Signaling Continued Demand for Personal Loans
SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $525 million personal loan securitization agreement closed in Q4 2024 with funds and accounts managed by PGIM Fixed Income, one of the largest global fixed income managers – with $859 billion in assets under management (AUM), including $120 billion in public and private sec