Category : Investments

H.I.G.-Capital-Acquires-the-Spine-Business-of-ZimVie-Rebranded-as-Highridge-Medical
Fintech Investments News

H.I.G. Capital Acquires the Spine Business of ZimVie Rebranded as Highridge Medical

Business Wire
by Business Wire0
The acquired business will operate as an independent entity and has been renamed Highridge Medical. H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of the Spine division of ZimVie,......
GoldenTree-Asset-Management-Announces-$1.3-Billion-in-Commitments-for-Third-CLO-Equity-Fund
Fintech Investments News

GoldenTree Asset Management Announces $1.3 Billion in Commitments for Third CLO Equity Fund

Business Wire
by Business Wire0
GLM III is a continuation of the GoldenTree Loan Management program that began in 2016, bringing aggregate commitments across the entire GLM program to over $2.625 billion. GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $54 billion in assets under management, today announced the closing of $1.3......
BNY-Mellon-Alcentra-Global-Credit-Income-2024-Target-Term-Fund,-Inc.-Declares-Monthly-Distribution
Fintech Investments News

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution

Business Wire
by Business Wire0
The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends. On March 27, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on April 25,......
AlTi-Tiedemann-Global-Closes-Previously-Announced-Constellation-Wealth-Capital-Investment
Fintech Investments News

AlTi Tiedemann Global Closes Previously Announced Constellation Wealth Capital Investment

Business Wire
by Business Wire0
AlTi will use the capital principally to fund its mergers and acquisitions pipeline and organic growth activities. AlTi Global, Inc, a leading independent global wealth and alternatives manager with over $70 billion in combined assets, today announced the closing of the initial investment from Constellation Wealth Capital (“CWC”). CWC, an investment......
Accenture Invests in Sanctuary AI to Bring AI-Powered, Humanoid Robotics to Work Alongside Humans
Artificial Intelligence Fintech Investments News

Accenture Invests in Sanctuary AI to Bring AI-Powered, Humanoid Robotics to Work Alongside Humans

Business Wire
by Business Wire0
Sanctuary AI’s general-purpose robot Phoenix™, recently recognized as one of TIME magazine’s “Best Inventions of 2023,” can perform a multitude of work tasks. Accenture has made a strategic investment, through Accenture Ventures, in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide......
iCustoms.AI Raises $2.2 Million to Revolutionise Trade Compliance with AI
Artificial Intelligence Fintech Investments News

iCustoms.AI Raises $2.2 Million to Revolutionise Trade Compliance with AI

PR Newswire
by PR Newswire0
This investment will fuel the company’s growth into ground breaking innovations and further development of its innovative trade compliance platform. iCustoms.AI, a leading provider of AI-powered trade compliance solutions, today announced the closing of a $2.2 million seed funding round. This investment will fuel the company’s growth into ground breaking innovations and......
New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce
Fintech Investments News

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce

Business Wire
by Business Wire0
This year’s report reveals a focus on harnessing new and emerging technologies to build resiliency, improve quality, maximize workforce potential, and drive sustainable growth. Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the results of the 9th annual “State of Smart......
Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals
Finance Fintech Investments News

Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals

Business Wire
by Business Wire0
Nearly 40% of compliance professionals from asset management, investment adviser, and private markets firms have yet to evaluate Artificial Intelligence (AI) as a cybersecurity risk, while 44% have concerns about how the SEC’s new cybersecurity rules will be enforced. Nearly 40% of compliance professionals from asset management, investment adviser, and......
SafeSend Reports Record-Breaking Year with 83% YoY Usage Growth: Product Innovation & Roadmap Investment to Deliver Single-Point Solution for Unmatched Client Experience
Fintech Investments News

SafeSend Reports Record-Breaking Year with 83% YoY Usage Growth: Product Innovation & Roadmap Investment to Deliver Single-Point Solution for Unmatched Client Experience

PR Newswire
by PR Newswire0
Boosted by increased firm and client adoption, additional features within the SafeSend Suite reported massive YoY growth, the new secure file-exchange capability experienced usage growth of +2,600% and the e-signature solution reported usage growth of 90%. SafeSend, the leading provider of automation technology for tax and accounting firms, reported an......
Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore
Fintech Investments News

Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore

Business Wire
by Business Wire0
iPipeline designed OneView to simplify the application process across multiple insurance carriers. Li-Cycle Holdings Corp., a leading global lithium-ion battery resource recovery company, today provided a business update “Since embarking on our comprehensive review, we are pleased to report significant progress, including improving our current liquidity position and conducting an......
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