Newsroom
Sorted by: Latest
-
Thirdpath Appoints Ken Wallace as Senior Managing Director, Head of Venture and Growth Equity
SAN DIEGO--(BUSINESS WIRE)--Thirdpath, LLC (“Thirdpath” or “Firm”), a next-generation private markets solutions platform, today announced the appointment of Ken Wallace as Senior Managing Director and Head of Venture and Growth Equity. In this role, Mr. Wallace will lead the Firm’s venture and growth equity investment activities, spanning fund investments, direct co-investments, and secondary liquidity solutions. This appointment grows Thirdpath’s offerings, alongside its existing buyouts and c...
-
Great Gray Trust Company Selects iCapital® to Expand Private Markets Solutions for Defined Contribution Investing
LAS VEGAS & NEW YORK--(BUSINESS WIRE)--Great Gray Trust Company, a leading provider of collective investment trusts (CITs) and retirement solutions, announced that it has selected iCapital1, the global fintech company shaping the future of investing, as its preferred partner for private markets manager evaluation, due diligence, and portfolio construction. Through this collaborative relationship, Great Gray® and iCapital aim to develop purpose-built private markets solutions for defined contrib...
-
Brookfield to Acquire a Minority Interest in American Real Estate Partners
MCLEAN, Va. & NEW YORK--(BUSINESS WIRE)--American Real Estate Partners (“AREP”), a leading institutional fund manager and real estate developer, and Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“BAM”), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced that affiliates of Brookfield have agreed to acquire a minority interest in AREP for an undisclosed amount. The investment brings together AREP’s verti...
-
Bally’s Corporation Secures New Financing to Support the Development of the Bally’s Bronx Project
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) announced today that it secured new financing led by WhiteHawk Capital Partners, LP to fund further development of the Bally’s Bronx project and general corporate purposes. The new financing comprises closing date term loan commitments in an aggregate principal amount of $400 million and delayed draw term loan commitments in an aggregate principal amount of $160 million (together, the “Facilities”)....
-
Flowserve Appoints Brian Ezzell as Senior Vice President and Chief Financial Officer
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Brian Ezzell, Flowserve’s current Vice President, Financial Planning & Analysis (FP&A), Treasurer, and Investor Relations, has been appointed Senior Vice President, Chief Financial Officer, effective October 1, 2026. He succeeds Amy Schwetz who is departing Flowserve for a leadership position at another company. M...
-
Stork Market Data Launches for Traders With Kalshi Distribution License
NEW YORK--(BUSINESS WIRE)--Stork, the leading price oracle for onchain perpetual futures, has launched a market data suite, supporting trading firms with tick- and user-level data from prediction markets and perpetual futures markets. Stork Market Data advances analytical capabilities in 24/7 markets; it now adds live and historical data from prediction market leader Kalshi, via a new data distribution agreement. Stork Market Data is built on the same principles used to construct price-feed inf...
-
Definium Therapeutics Announces Positive Topline Results from Phase 3 Panorama Study of DT120 ODT in Generalized Anxiety Disorder
NEW YORK--(BUSINESS WIRE)--Definium Therapeutics, Inc. (Nasdaq: DFTX) (“Definium” or the “Company”), a late-stage clinical biopharmaceutical company developing a new generation of therapeutics intended to address underlying causes of psychiatric and neurological disorders, today announced positive topline results from Panorama, the Company’s second Phase 3 study of DT120 (lysergide) Orally Disintegrating Tablet (ODT) in adults with generalized anxiety disorder (GAD). This is the Company’s third...
-
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
WINDSOR, Conn.--(BUSINESS WIRE)--Hedge funds returned 0.83% in August 2026; September net inflows rose 0.65%...
-
NPK Announces New Executive Vice President, Commercial Growth & Operations
THE WOODLANDS, Texas--(BUSINESS WIRE)--NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced the appointment of James “JJ” Barton as Executive Vice President, Commercial Growth & Operations, effective September 22, 2026. Mr. Barton succeeds Lori Briggs, who will depart from her role as Executive Vice President, Business Operations effective September 14, 2026. Mr. Barton brings more than two decades of leadership experience in strategic sales, account management, serv...
-
CI Global Asset Management Announces September 2026 Distributions for Certain CI ETFs
TORONTO--(BUSINESS WIRE)--CI Global Asset Management announces the regular cash distributions for certain CI ETFs for the month or quarter ending September 30, 2026....