Search Results for: Funds

Tempur Sealy Announces Refinancing of Credit Facilities
Finance News

Tempur Sealy Announces Refinancing of Credit Facilities

PR Newswire
by PR Newswire0
Tempur Sealy International, announced that it has successfully completed the closing of its $1.65 billion senior secured credit facilities, which include a $1.15 billion revolving credit facility and a $500 million term loan facility. The proceeds of the senior secured credit facilities will be used to refinance Tempur Sealy’s existing credit facilities and, in the case of the......
J.P. Morgan Launches Private Markets Fund Expanding Investor Access to Private Equity Investment Opportunities
Investment Services News

J.P. Morgan Launches Private Markets Fund Expanding Investor Access to Private Equity Investment Opportunities

PR Newswire
by PR Newswire0
’40 Act private equity fund provides access to qualified individual and institutional investors The Private Equity Group (“PEG”) of J.P. Morgan Asset Management announced the launch of JPMorgan Private Markets Fund (“JPMF”), a 1940 Act-registered, evergreen private equity fund. JPMF is designed to provide access to private equity investments for......
Detroit Black Small Business Community Members Become Eligible for $1 Million Small Business Investment Program
Investment Services News

Detroit Black Small Business Community Members Become Eligible for $1 Million Small Business Investment Program

PR Newswire
by PR Newswire0
Metro-Detroit Black Business Alliance (MDBBA) launched a new program to promote greater financial security and wellness for Metro Detroit’s small business community. The Small Business Investment program will seed $2,500 investment accounts on the Stackwell digital investment platform for up to 200 small business owners, their employees and entrepreneurs who are active members of MDBBA,......
NXG Cushing Midstream Energy Fund and NXG NextGen Infrastructure Income Fund Announce Officer and Portfolio Manager Changes
Investment Services News

NXG Cushing Midstream Energy Fund and NXG NextGen Infrastructure Income Fund Announce Officer and Portfolio Manager Changes

PR Newswire
by PR Newswire0
NXG Cushing Midstream Energy Fund and NXG NextGen Infrastructure Income Fund , each a closed-end management investment company (the “Funds,” and each a “Fund”), announced that effective October 9, 2023, John Musgrave has been appointed president and chief executive officer of Cushing Asset Management, LP, the Funds’ investment adviser (the “Investment Adviser”). The Board of Trustees......
Leading Innovation, ACCERX Creates a Prosperous Digital Asset Ecosystem
News Trading

Leading Innovation, ACCERX Creates a Prosperous Digital Asset Ecosystem

GlobeNewswire
by GlobeNewswire0
ACCERX, a leading global digital asset trading platform, once again received attention as its ACCERX Wallet underwent a significant functional upgrade. In addition to supporting mainstream public chains such as Ethereum and BSC, it has also added support for more public chains. This move further promotes the development of the......
Grand Ventures Raises $50 Million Fund to Invest in Early-Stage Startups
Investment Services News

Grand Ventures Raises $50 Million Fund to Invest in Early-Stage Startups

GlobeNewswire
by GlobeNewswire0
The venture capital firm has raised over $80 million targeting Fintech, Supply Chain and DevOps companies Grand Ventures announced the closing of a $50 million second fund to invest in early-stage companies. This Fund II received significant support from its existing investor base while adding new limited partners, including family......
Valeo Completes A €600 Million Debut Green Bond and Welcomes The European Investment Bank For Its Important Participation
Investment Services News

Valeo Completes A €600 Million Debut Green Bond and Welcomes The European Investment Bank For Its Important Participation

GlobeNewswire
by GlobeNewswire0
Valeo announces the successful completion of its inaugural green bond, raising 600m worth of bonds. The European Investment Bank (EIB) has subscribed in the amount of 150m euros in what is the first green bond issued by Valeo. A key feature of this operation is the establishment of a pioneering......
Banking Featured Fintech Primers

The Domino Effect- Exploring How Failed Banks Impact The Fintech Industry

Pooja Choudhary
by Pooja Choudhary0
Introduction Silicon Valley Bank, First Republic Bank, and New York’s Signature Bank! Can you think of a common factor among these three? Yes, these are a few recent bank failure examples that have been witnessed by all of us. What makes the banking structure unviable and leads to their bankruptcy?......
TD Charitable Foundation Invests $5 Million in Innovate Capital Growth Fund for Minority and Women-owned Small Businesses
Investment Services News

TD Charitable Foundation Invests $5 Million in Innovate Capital Growth Fund for Minority and Women-owned Small Businesses

PR Newswire
by PR Newswire0
Investment is the first of its kind for the foundation and largest investment by a financial institution to date TD Charitable Foundation, the charitable giving arm of TD Bank, announced its first-ever Mission Related Investment (MRI) of $5 million to Innovate Capital Growth Fund (ICGF) – the first equity investment made by......
Business Featured Fintech Primers

10 Strategies For Navigating Cashflow Shortages And Slashing Expenses

Pooja Choudhary
by Pooja Choudhary0
What are some readily implementable cost-cutting strategies that can be employed at present? How to slash my expenses? How to manage my cash flows? Is this what you are worried about something? Then you’re on the right track. Without proper management of its finances, operations, and investments, any company, no......
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