Investment management

Wells Fargo & Company Announces Common Stock Dividend

Retrieved on: 
Tuesday, January 23, 2024
Banking, Professional Services, Finance, Wells Fargo Center, Corporation, Investment banking, Multimedia, Housing, Wells Fargo, WFC, News, Investment management, Wealth, Commercial bank

Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable March 1, 2024, to stockholders of record on Feb. 2, 2024.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable March 1, 2024, to stockholders of record on Feb. 2, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240123114927/en/
    Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
    Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets.
  • Wells Fargo ranked No.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

LLCP Announces Key Firm Promotions

Retrieved on: 
Monday, January 22, 2024
Consulting, Professional Services, Finance, Partnership, Investment management, Partner, Cryptocurrency

Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, today announced that Josh Kaufman has been named a Partner of the firm, effective January 1, 2024.

Key Points: 
  • Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, today announced that Josh Kaufman has been named a Partner of the firm, effective January 1, 2024.
  • LLCP also announced the promotions of seven members of its Investment Management and Originations teams:
    Debbie Habib, Michael Knapp, and Adam McKean have been promoted to Managing Director.
  • “We are thrilled to welcome Josh Kaufman to the partnership,” commented LLCP Managing Partner Mike Weinberg.
  • We look forward to his continued contributions and success.”
    Matthew Frankel, Managing Partner of LLCP, added, “We are pleased to congratulate Debbie, Michael, Adam, Jay, Zak, Cole, and Oliver on their well-deserved promotions.

KAMN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Kaman Corp. Is Fair to Shareholders

Retrieved on: 
Friday, January 19, 2024
Legal, Professional Services, Sale, Fraud, KAMN, Advertising, Investment management

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kaman Corp. (NYSE: KAMN) to Arcline Investment Management, L.P. for $46.00 per share in cash is fair to Kaman shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kaman Corp. (NYSE: KAMN) to Arcline Investment Management, L.P. for $46.00 per share in cash is fair to Kaman shareholders.
  • On behalf of Kaman shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

CIVITAS CAPITAL GROUP PROMOTES RYAN MONTEIRO TO CHIEF FINANCIAL OFFICER AND MANAGING DIRECTOR

Retrieved on: 
Wednesday, January 24, 2024
Asset management, Bachelor, Moses Austin, Civitas, PwC, Executive Committee, Associate, Monteiro, Bachelor of Business Administration, Business administration, EB-5, Valero, University, Accounting, Special, CPA, Investment management, Jahnke, AUM, Lead, Master of Business Administration, Growth, Management

DALLAS, Jan. 24, 2024 /PRNewswire/ -- Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, today announced that Ryan Monteiro has been promoted to Managing Director and Chief Financial Officer.

Key Points: 
  • DALLAS, Jan. 24, 2024 /PRNewswire/ -- Civitas Capital Group , a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, today announced that Ryan Monteiro has been promoted to Managing Director and Chief Financial Officer.
  • "During his five years with Civitas, Ryan played a critical role in solidifying the firm's financial foundation," added Civitas President and Chief Investment Officer Jonathan Kern, "and dramatically increasing the firm's liquidity – thereby positioning Civitas for its next growth phase.
  • "I'm excited to continue building a solid financial foundation at Civitas, one that supports our growth outlook in 2024 and beyond," Monteiro said.
  • Prior to joining Civitas, Mr. Monteiro was the Chief Financial Officer at Oaxaca Interests, a real estate development company and asset manager focused on urban core development.

CENTRL Rolls Out New Auto Populate Feature, The First of Several New Features To Be Introduced in 2024 For Its AI-Powered Due Diligence Platform, CentrlGPT

Retrieved on: 
Friday, January 19, 2024
AI, Investment management, Product management, Interior design

MOUNTAIN VIEW, Calif., Jan. 19, 2024 /PRNewswire-PRWeb/ -- CENTRL Rolls Out New Auto Populate Feature To Pre-Fill Due Diligence Questionnaires, The First of Several New Features To Be Introduced in 2024 For Its AI-Powered Due Diligence Platform, CentrlGPT

Key Points: 
  • CENTRL, a leading provider of Risk and Diligence platform for the Investment Management industry, announced the launch of its new Auto Populate feature, a major enhancement to CentrlGPT, its advanced AI platform.
  • "We are thrilled to unveil the Auto Populate feature, a transformative addition to the CentrlGPT platform" said Mia Shen, Product Manager at CENTRL.
  • The Auto Populate feature fills out DDQs within minutes using various documents from managers such as policies, Fund Prospectuses, or standard DDQs.
  • Most importantly, the Auto Populate feature is fully embedded in the workflows of DD360, CENTRL's Investment Management Due Diligence solution.

Voya Equity Closed End Fund Declares Distribution

Retrieved on: 
Tuesday, January 16, 2024
Banking, Professional Services, Finance, Risk, Voya Financial, IGD, Investment, VOYA, Investment management, Movement, Security (finance)

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.

Key Points: 
  • Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.
  • With respect to the Fund, the distribution will be paid on February 15, 2024, to shareholders of record on February 2, 2024.
  • The distribution per share for the Fund is as follows:
    Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD)
    IGD intends to make regular monthly distributions based on the past and projected performance of the Fund.
  • There can be no assurance that a Fund will be able to declare a distribution in each period.

Heidi Albert Joins Greenwood Project as Director of People and Culture

Retrieved on: 
Tuesday, January 16, 2024
Senior, Asset management, Trinity College, JD, Lehman Brothers, Yale school, Trinity, Culture, Multimedia, Human resources, AMDA, DEIB, Business partner, Law, University School, Morgan Stanley, Secondary school, Environment, Institution, Cornell University, Investment management, CHRO, De Paul, Advisory board, Management, Heidi, Education

CHICAGO, Jan. 16, 2024 /PRNewswire/ -- Greenwood Project, a leading non-profit dedicated to advancing diversity and inclusion in the financial industry, is proud to announce the appointment of Heidi Albert as Director of People and Culture.

Key Points: 
  • CHICAGO, Jan. 16, 2024 /PRNewswire/ -- Greenwood Project, a leading non-profit dedicated to advancing diversity and inclusion in the financial industry, is proud to announce the appointment of Heidi Albert as Director of People and Culture.
  • "I am extremely pleased to welcome Heidi Albert to Greenwood Project.
  • Heidi's commitment and alignment with our core values were evident from our first interaction," said Kwesi Smith, Greenwood Project CEO.
  • Heidi Albert comes to Greenwood Project with over 15 years of experience in business, finance and senior HR roles.

Wells Fargo Reports Fourth Quarter 2023 Financial Results

Retrieved on: 
Friday, January 12, 2024
Banking, Professional Services, Finance, Corporation, Investment banking, Multimedia, Housing, Wells Fargo, WFC, News, Investment management, Wealth, Commercial bank, Security (finance)

Wells Fargo & Company (NYSE: WFC) has released its fourth quarter 2023 financial results.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) has released its fourth quarter 2023 financial results.
  • View the full release here: https://www.businesswire.com/news/home/20240111033488/en/
    The company will host a live conference call on Friday, Jan. 12, at 10:00 a.m. Eastern time.
  • Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Merit Financial Advisors Hires Brian Andrew as Chief Investment Officer

Retrieved on: 
Friday, January 12, 2024
Ethics, Culture, Knowledge, Treasurer, University, CIO, Investment management, Advisory board, Johnson Financial Group, Education, EVP, National Hemophilia Foundation, Management

ATLANTA, Jan. 12, 2024 /PRNewswire/ -- Merit Financial Advisors ("Merit"), a Georgia-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families and those navigating life transitions, announced today that it has hired Brian Andrew as Chief Investment Officer ("CIO").

Key Points: 
  • Brian joins Merit from Johnson Financial Group, bringing three decades of experience
    ATLANTA, Jan. 12, 2024 /PRNewswire/ -- Merit Financial Advisors ("Merit"), a Georgia-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families and those navigating life transitions, announced today that it has hired Brian Andrew as Chief Investment Officer ("CIO").
  • With more than three decades of investment experience leading institutional money management, investment advisory and hybrid organizations and their investment teams, Brian brings a wealth of knowledge and expertise to his new role.
  • Brian joins Merit from Johnson Financial Group where he most recently served as EVP of the firm's wealth business group with $14 billion in assets.
  • "We are thrilled to welcome Brian to Merit," said Kay Lynn Mayhue, President of Merit Financial Advisors.

Palisade Promotes Dawn R. Brock and Garo Norian to Associate Portfolio Manager Roles; Retains Search Firm

Retrieved on: 
Tuesday, January 9, 2024
Stanford University, Public utility, Columbia Business School, Health care, LP, Lord Abbett, Fordham University, Associate, Research, Partner, Journalism, CFA, BlackRock, Growth, Šmíd, Investment management, J. P. Morgan, Management, Analyst, Global Industry Classification Standard

Dawn Brock joined Palisade in 2013 as a Senior Research Analyst with a focus on the Health Care sector, and she was named a Partner in the firm in 2023.

Key Points: 
  • Dawn Brock joined Palisade in 2013 as a Senior Research Analyst with a focus on the Health Care sector, and she was named a Partner in the firm in 2023.
  • Prior to joining Palisade, Ms. Brock was at Lord Abbett & Co., LLC where she was an Investment Analyst covering Health Care.
  • Dan Veru, Palisade Senior Partner and Chief Investment Officer commented, "These well-earned promotions are a natural progression for both Dawn and Garo.
  • These promotions signify our confidence in both Dawn and Garo and our commitment to the continued growth of our firm."