EnTrust Global’s Blue Ocean has entered into an agreement to acquire Offshore Merchant Partners
EnTrust Global’s Blue Ocean Funds have reached an agreement to acquire Offshore Merchant Partners (OMP), a prominent alternative investment fund manager specializing in the maritime and energy sectors. The acquisition, formalized through a Sale and Purchase Agreement, is anticipated to…
Technology Holdings advised Aggne on its $66 million majority stake acquisition in Wipro
Technology Holdings, a prominent global investment bank with an extensive presence across North America, Europe, and the Asia Pacific region, proudly announces its role as the exclusive financial advisor to Aggne, a renowned insurtech specialist headquartered in Florida and a…
Kinsale Capital Group, Inc. has released its financial results for the fourth quarter and full year of 2023
Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $103.4 million, $4.43 per diluted share, for the fourth quarter of 2023 compared to $67.2 million, $2.90 per diluted share, for the fourth quarter of 2022. Net income was $308.1…
Sixth Street Specialty Lending, Inc. Announces 2023 Earnings Results and Dividend Declarations
Conference Call Information: A conference call to discuss the Company’s financial results is scheduled for 8:30 a.m. Eastern Time on February 16, 2024. The call will be broadcast live on the Investor Resources section of TSLX’s website at in…
AM Best has upheld the credit ratings of both Mercury General Corporation and its subsidiaries
AM Best has reaffirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) for the members of Mercury Casualty Group (Mercury). Concurrently, AM Best has also reaffirmed the Long-Term ICR…
Mark Farrah Associates Releases Third Quarter Medicaid Market Share Trends Report
Mark Farrah Associates (MFA) has revealed that total Medicaid enrollment in the United States reached nearly 85.8 million Americans as of September 30, 2023 (3Q23), marking a year-over-year (YOY) decrease of over 2.2 million enrollees. This decline is attributed primarily…
The ICBA ThinkTECH Accelerator is delighted to welcome TrueNorth
as a key strategic sponsor, further enhancing the collaboration to drive innovation in community banking. TrueNorth, a leading provider of digital solutions for the financial services industry, has announced its collaboration with the ICBA to support its innovation endeavors. Under…
Technology Holdings Advises InsurTech Firm Aggne on $66 Million Majority Stake Acquisition by Wipro
Technology Holdings, a global investment bank with offices across North America, Europe, and the Asia-Pacific, is delighted to announce its role as the exclusive financial advisor to Aggne, a prominent insurance technology specialist headquartered in Florida and a key partner…
PrivateEquityCXO and Falcon Partners Acknowledge the Top 50 Private Equity Firms for Executives in 2024
PrivateEquityCXO and Falcon Partners have unveiled the Top 50 Private Equity Firms of 2024, recognized for their governance approach, engagement, and compatibility, which greatly empower executives within portfolio companies to excel. These firms were selected based on input from over…
Wells Fargo Affirms Conclusion of 2016 OCC Sales Practices Consent Order
Wells Fargo has confirmed today that the Office of the Comptroller of the Currency (OCC) has terminated a consent order issued in 2016 regarding sales practices misconduct. The consent order mandated Wells Fargo to overhaul its approach to offering and…
Morgan Stanley Faces $1.6 Million Fine from FINRA for Violations in Municipal Securities and Associated Oversight Lapses
Today, FINRA announced a $1.6 million fine imposed on Morgan Stanley Smith Barney LLC for recurring failures in promptly closing out inter-dealer municipal securities transactions and promptly addressing short municipal security positions exceeding 30 calendar days, along with associated supervisory…
Synergy Obtains Funding from Munich Re for Los Cerritos Wetlands Restoration and Mitigation Bank Project
Synergy, a privately-owned oil and gas company headquartered in Long Beach, is thrilled to announce its partnership with Munich Re, a global reinsurance firm, to restore crucial coastal wetlands spanning 140 acres in Long Beach, California. “We are delighted to…