Search Results for: Portfolio Management

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
InsurTech News

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

PR Newswire
by PR Newswire0
Manulife has received OSFI approval to amend our current share buyback program, which commenced on February 23, 2024, to return unlocked capital from the transaction to its shareholders. Manulife announced that it has successfully closed1 the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life......
Baker Hill Implements CrowdStrike to Offer Enhanced End-to-End Security for Financial Institution Clients
News Security

Baker Hill Implements CrowdStrike to Offer Enhanced End-to-End Security for Financial Institution Clients

PR Newswire
by PR Newswire0
By implementing CrowdStrike, Baker Hill has enhanced its robust suite of lending and risk management products for its financial institution clients with 24/7 threat management, monitoring, and response capabilities, as well as managed protection for endpoints, identities, cloud workloads, and more. Baker Hill, the leading financial technology provider in delivering solutions......
QRAFT-Technologies-Forms-a-Transformative-AI-Driven-Financial-Technology-Partnership-with-First-Securities-Investment-Trust-Co.,-LTD-(FSITC)
Artificial Intelligence Finance Fintech News

QRAFT Technologies Forms a Transformative AI-Driven Financial Technology Partnership with First Securities Investment Trust Co., LTD (FSITC)

Business Wire
by Business Wire0
The partnership’s goals will be to develop new tools for investment management through the joint development of sophisticated AI and deep learning algorithms. Qraft Technologies, a leading invest-tech company developing artificial intelligence solutions, proudly announces a strategic technical collaboration with First Securities Investment Trust Co., LTD (FSITC), a distinguished asset......
Matrix Applications Launches Transparence, An Outsourced Securities Lending Solution
Lending News

Matrix Applications Launches Transparence, An Outsourced Securities Lending Solution

GlobeNewswire
by GlobeNewswire0
The platform highlights the demand in a changing industry landscape, where technology and innovation are creating more opportunities in stock loans for small to medium-sized institutions. This offering removes many hurdles, such as finding the right talent and technology, for securities lending in today’s world. Matrix Applications LLC (“Matrix”), a financial......
Monarch Alternative Capital Bolsters Real Estate Debt Investment Program through Recent Lending Solutions
Investment Services News

Monarch Alternative Capital Bolsters Real Estate Debt Investment Program through Recent Lending Solutions

PR Newswire
by PR Newswire0
Monarch completes three financings – Hotel 48LEX in New York, Renaissance Las Vegas, and Westin Tampa, in the hotel sector amid commercial real estate lending market disruption. Monarch Alternative Capital LP, a leading investment firm with approximately $14 billion of assets under management, announced the continued expansion of its real estate debt......
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,......
Airspan-to-Receive-Up-to-$95-Million-in-New-Equity-Financing-and-Eliminate-All-Existing-Funded-Debt
Finance Fintech News

Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt

Business Wire
by Business Wire0
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected to provide sufficient capital during the restructuring process to support Airspan’s operations. Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan” or the “Company”), a provider......
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,......
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......
Women Confident Managing Short-Term Finances, but Less So on Long-Term Strategies, Finds New York Life Wealth Watch
Finance Fintech News

Women Confident Managing Short-Term Finances, but Less So on Long-Term Strategies, Finds New York Life Wealth Watch

Business Wire
by Business Wire0
The survey found that women report feeling the most knowledgeable about paying bills, maintaining good credit, and saving for emergencies. The latest findings from New York Life’s Wealth Watch survey provide insights into the existing financial confidence and knowledge gaps between men and women. Confidence is the top emotion that men......
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