Asset Management News

SAN ANTONIO, Texas--(BUSINESS WIRE)--SWBC partnered with Covered Insurance Solutions to simplify insurance tracking, strengthen compliance, and enhance the borrower experience....

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform in Latin America, today released the latest episode of its Investor Relations podcast series, "Inside Mercado Libre", "Mercado Pago Brazil with Andre Chaves." In this episode, Richard Cathcart, Investor Relations Senior Director, is joined by Andre Chaves, Senior VP and Country Head for Mercado Pago Brazil, to discuss the strategy, competitive advantages, and growth opportunities of Me...

BELMAR, N.J.--(BUSINESS WIRE)--Ellavoz Impact Capital, LLC (EIC), a social impact investor, advisor, asset manager, and real estate developer focused on creating and preserving workforce and affordable housing, has named Jeffrey Crum as Chief Executive Officer. This role will be in addition to his role as president. Robert Hutchins, who founded EIC and served as its CEO, will transition to the role of Chairman, where he will continue to guide the firm's strategic direction and support its netwo...

SAN MATEO, Calif.--(BUSINESS WIRE)--Distribution Announcements...

SAN MATEO, Calif.--(BUSINESS WIRE)--Distribution Announcements...

ATLANTA--(BUSINESS WIRE)--HB Wealth (HB), one of the nation's largest independent, fee-only registered investment advisers, has launched a dedicated Institutional Advisory and Outsourced Chief Investment Officer (OCIO) practice. The business segment formalizes the firm's longstanding institutional relationships across nonprofit, foundation, endowment, and corporate clients, into a purpose-built advisory offering. As part of the launch, the firm has hired Mike Hill and Armond Reese, CFA, CAIA, A...

MINNEAPOLIS--(BUSINESS WIRE)--Private wealth advisory practice Johnson Stivender Wealth Advisors recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Raymond James Financial Services, Inc. in Sebring, Fla., with more than $270 million in client assets. The practice is led by private wealth advisors Dusty Johnson CFP®, APMA®, Craig Johnson and Travis Stivender, and includes operations manager Michele Bednosky and client relationship specialist Kristin Johnson. A...

NEW YORK--(BUSINESS WIRE)--Kalshi, the next-generation financial exchange, today launched compute forward curves, a new pricing benchmark that shows the implied future price of renting GPU capacity. Kalshi’s forward curves are live now for Nvidia B200, H200, and A100 chips. A forward curve is a graphical representation of the market’s estimate of future prices. Kalshi’s curves measure the implied future price of renting one hour of a specific GPU. The curves are live now on Kalshi’s market page...

NEW YORK--(BUSINESS WIRE)--Certain bondholders of the Puerto Rico Electric Power Authority (“PREPA”) today issued the following statement: As the tenth year of the Puerto Rico Electric Power Authority (“PREPA”) bankruptcy commences, five points remain clear: (1) the Financial Oversight and Management Board (“FOMB”) continues to pursue an approach that does not account for the legal rights of PREPA’s bondholders or the overwhelming evidence that repayment can be achieved with fair and reasonable...

AUSTIN, Texas--(BUSINESS WIRE)--Presidio Investors (“Presidio”), a lower middle market private equity firm, today announced that it has entered into a definitive agreement to sell ElevATE Semiconductor, Inc. (“ElevATE”) to Diodes Incorporated (Nasdaq: DIOD) in an all-cash transaction valued at $250 million. ElevATE, headquartered in San Diego, California, is a leading fabless designer of low-power, high-density integrated circuits for the automated test equipment (ATE) industry. The sale marks...