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Hunter Point Capital Raises $4.3 Billion Across GP Financing Solutions Strategies
NEW YORK--(BUSINESS WIRE)--Hunter Point Capital (“HPC”), an independent investment firm providing strategic capital and partnership solutions to alternative asset managers, today announced the final closes of the inaugural vintages of its NAV Lending and Preferred Solutions strategies, with total commitments of $4.3 billion. Both strategies, which together comprise the firm’s GP Financing Solutions (“GPFS”) platform, exceeded their targets, bringing HPC’s total assets under management and commi...
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Griffon Corporation Enters Agreement to Form Joint Venture for AMES Australasia
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (NYSE: GFF) (the “Company” or “Griffon”) today announced it has entered into a definitive agreement to sell its AMES Australasia business to a joint venture it is forming with an investment group led by the management of AMES Australasia with support from Australian financial investors. Under the terms of the agreement, Griffon will receive $185 million at closing and $50 million in a subordinated note in the joint venture. Griffon will hold a 49%...
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Octus Signs Definitive Agreement to Acquire LevPro, Advancing Vision for a Market-Leading, Vertically Integrated Platform for CLO and Private Credit Managers
NEW YORK--(BUSINESS WIRE)--OctusⓇ, the essential credit intelligence platform trusted by the world's leading financial, legal and advisory firms, today announced a definitive agreement to acquire LevPro, which upon closing will join Sky Road to create the most comprehensive and vertically integrated AI-powered portfolio management and trading solution available to CLO and private credit managers globally. "Credit managers have always faced the same fundamental challenge: The intelligence and da...
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Pagaya Builds on Multi-Year Partnership with Upgrade to Expand Point-of-Sale Loans
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced an expansion of its long-term partnership with Upgrade, Inc., a financial technology company providing affordable and responsible credit, mobile banking and payment products to mainstream consumers. The expansion brings Pagaya’s AI-driven credit decisioning to Flex Pay, Upgrade’s Buy Now, Pay Later (BNPL) so...
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LPA to Participate in The Small Cap Showcase & WTR Insights Conference
SAN JOSÉ, Costa Rica--(BUSINESS WIRE)--Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, "LPA" or the "Company"), announced today that members of its executive management team will participate in The Small Cap Showcase & WTR Insights conference, taking place on June 9, 2026, in New York City. Representing the Company, Chief Executive Officer Esteban Saldarriaga will participate in a fireside chat discussion at 2:30pm ET, providing insights into LPA's...
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Cerus Corporation Closes New Debt Facility of Up to $110 Million
CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (Nasdaq: CERS) announced today the closing of a new debt facility with MidCap Financial (MidCap), providing up to $110 million. The facility consists of a 5-year term loan and an asset-backed revolving loan. The refinancing is expected to reduce annual cash interest expense by up to $3.5 million, reflecting lower borrowing costs and an approximately $30 million reduction in outstanding term loan balance. Initial proceeds from the loan, togethe...
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DigitalBridge Expands Leadership Team with Appointments of Brent Mayo and Nicholas Beatty
BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or the “Company”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced the appointments of Brent Mayo as Managing Director, Investment Management focused on Data Centers, and Nicholas Beatty as Operating Partner focused on electrification and energy transition. The two appointments reflect DigitalBridge’s accelerating focus on the convergence of dig...
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MathWorks Highlights RF Digital Twin Workflows for Radar and Satellite Communications at IMS 2026
BOSTON--(BUSINESS WIRE)--IMS 2026: Booth # 18090 – MathWorks, the leading developer of mathematical computing software for designing engineered systems, will highlight a digital twin capability at the International Microwave Symposium (IMS) 2026. The capability integrates validated RF hardware models from global semiconductor leader Analog Devices, Inc. (ADI) into system‑ and mission‑level simulation, enabling earlier design and verification of complex radar and satellite communication systems....
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Momentus Strengthens Balance Sheet with $76 Million in Cash While Progress in Executing Current Space Mission Reinforces Long-Term Growth Strategy
SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation, and in-orbit services, today announced two major developments:Execution of key capital raising activities that strengthens the Company’s financial position; andSuccessful transition of its Vigoride 7 Orbital Service Vehicle (OSV), launched on the SpaceX Transporter-16 mission, into hosted payload mission operat...
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Digimarc Appoints Enterprise Software Veteran Paul Carreiro as Chief Executive Officer to Lead Next Phase of Global Growth
BEAVERTON, Ore.--(BUSINESS WIRE)--Digimarc Corporation (NASDAQ: DMRC), the company building the trust layer for the modern world, today announced the appointment of Paul Carreiro as Chief Executive Officer, effective July 6, 2026. Riley McCormack will remain a member of the Company’s Board of Directors, supporting Carreiro and the Company in this next phase of growth. Carreiro brings more than twenty-five years of experience scaling global enterprise software platforms and commercializing advan...