1999 TransWorld Diversified Services Indy 200

Nelnet Announces Reduction of Staff Due to Contract Changes Impacting Student Loan Servicing

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木曜日, 3月 23, 2023
NNI, Employment, NDS, Noordhoek, Risk, Federal Family Education Loan Program, Student, Security (finance), 1999 TransWorld Diversified Services Indy 200, NYSE, Bank, Nelnet

On March 22, 2023, Nelnet received a contract modification from the Department of Education (Department) for the company's current loan servicing contracts with the Department.

Key Points: 
  • On March 22, 2023, Nelnet received a contract modification from the Department of Education (Department) for the company's current loan servicing contracts with the Department.
  • Additionally, last month, the Department notified Nelnet of its intent to transfer 1 million borrowers from Nelnet Loan Servicing to another federal servicer.
  • Nelnet will also look for redundancies and efficiencies throughout the year related to the conclusion of projects centered on the consolidation of select loan servicing platforms.
  • Regarding its loan servicing systems, Nelnet continues to develop modern, innovative technology platforms to support federal and consumer loan servicing, respectively.

ZCG and ZCG Consulting Announce New Hires for 2023

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月曜日, 2月 13, 2023
Professional Services, Business, Finance, Asset Management, Consulting, Banking, Partner, Trout, Ernst, L.L.C, Industrial, Institute of Management Accountants, Onex Corporation, Client, Research, WhiteBoard Product Solutions, RBC Capital Markets, Hon, Credit Suisse, Associate, Houlihan Lokey, Strategy, Superior court, Capital Group Companies, 1999 TransWorld Diversified Services Indy 200, Corporate finance, Security (finance)

(“ZCG”), a leading private markets asset manager, and ZCG Consulting (“ZCGC”), the business consulting platform of ZCG and a results‐oriented management consulting firm for middle market businesses, today announced the expansion of their growing teams with several new hires.

Key Points: 
  • (“ZCG”), a leading private markets asset manager, and ZCG Consulting (“ZCGC”), the business consulting platform of ZCG and a results‐oriented management consulting firm for middle market businesses, today announced the expansion of their growing teams with several new hires.
  • Christian Battiloro has joined ZCG as an Associate, Corporate Finance, and a member of the ZCP Investment Team.
  • At ZCG, Mr. Battiloro is responsible for supporting firmwide legal and compliance matters as well as working jointly with ZCG Investment Teams and portfolio company management teams.
  • Prior to joining ZCG, Mr. Kurtzweil was an Analyst at Ernst & Young Capital Advisors focused on mergers & acquisitions.