Gateway Investment Advisers Closes Acquisition of Belmont Capital Group’s Business
Gateway Investment Advisers (“Gateway”), a pioneer in options-based investment strategies and affiliate of Natixis Investment Managers (“Natixis IM”), today announced the successful closing of its previously announced acquisition of the business of Belmont Capital Group (“Belmont”), a Los Angeles-based provider…
Kayne Anderson BDC Closes $200M Private Placement of Senior Notes
Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC” or the “Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, an affiliate of Kayne Anderson Capital Advisors, LP (“Kayne Anderson”), today announced the closing of a…
Eden Global Partners Hires Thomas Dundon, Former Bank of America Securities Managing Director
Eden Global Partners (“Eden”), a merchant bank that specializes in providing long-term capital solutions, today announced that Thomas Dundon, former managing director in Bank of America Securities’ Private Capital and Family Office Investment Banking group, has joined the firm effective…
Fruitful Cash & Card Named “Best Banking Card Product” by Tearsheet’s Big Bank Theory Awards
Fruitful, the financial membership helping Americans understand, organize, and optimize their finances, today announced that Fruitful Cash & Card has been named “Best Banking Card Product” by the Big Bank Theory Awards. Presented by Tearsheet, the awards celebrate the top companies…
Acclarity’s Next Chapter: Growth Through People, Partnerships, and Performance
Acclarity, a leading financial and business advisory firm, is accelerating its growth strategy with expanded partnerships, and a continued commitment to people-powered performance. Flexibility Fuels Growth Acclarity’s unique flexible employment model offers its professionals multiple career paths ranging from hourly…
Minute Media Acquires VideoVerse from Moneta Ventures’ Portfoli
Moneta Ventures announced the acquisition of VideoVerse, an AI-powered video solutions provider, by Minute Media, a global leader in technology and sports content. As the largest equity holder in VideoVerse, Moneta notes that the transaction represents a major milestone for…
U.S. Surplus Lines Market Achieves Seventh Year of Double-Digit Growth
Total U.S. surplus lines direct premiums written (DPW) reached another record level at nearly $130 billion with a year-over-year increase of 12.3%, notching the seventh straight year of double-digit premium growth for non-admitted insurers, according to a new AM Best report. The Best’s…
Coastal States Bank Appoints Laura Fraser as Lowcountry Market President
Coastal States Bank (“CSB”) has announced the promotion of Laura Fraser to Lowcountry Market President. Laura brings more than 15 years of commercial banking experience to her new role, previously serving as CSB’s Regional Credit Officer for its Savannah and…
KBRA Assigns Preliminary Ratings to Velocity Commercial Capital 2025-4 (VCC 2025-4)
KBRA assigns preliminary ratings to 12 classes of Velocity Commercial Capital 2025-4 (VCC 2025-4) mortgage-backed certificates. VCC 2025-4 is a $469.3 million securitization collateralized by 1,140 small balance commercial loans secured by mortgages on 1,256 residential rental or commercial real…
Altruist Unveils Hazel, a Transformative AI Platform for Wealth Professionals
Altruist, the modern custodian transforming how financial advisors serve clients, announced the launch of Hazel, a powerful AI platform designed specifically for financial advisors. With this launch, Altruist delivers an intuitive tool that streamlines advisor productivity by drawing on deep…
Onbe Appoints Bryan Haynes as Chief Sales Officer
Onbe, a leading corporate payouts platform, announced the appointment of Bryan Haynes as Chief Sales Officer, effective today. Haynes joins Onbe’s executive leadership team, reporting to Chief Executive Officer Bala Janakiraman, bringing over two decades of experience driving growth and…
Advisor360° Wins 2025 WealthManagement.com Award for Digital Onboarding Innovation
Advisor360°, a leading provider of integrated technology for wealth management firms, was named the winner for Client Onboarding/New Account Opening at the 2025 WealthManagement.com Industry Awards (“The Wealthies”). “We’re honored to receive our third Wealthies Award for Digital Onboarding,” said Mike Fanning,…