Equity

Cushman & Wakefield Appoints Luke Herbert as Global Treasurer

Retrieved on: 
Monday, April 8, 2024

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced Luke Herbert has joined the firm as Senior Vice President, Global Treasurer.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced Luke Herbert has joined the firm as Senior Vice President, Global Treasurer.
  • “I am thrilled to welcome Luke to Cushman & Wakefield as our new Global Treasurer.
  • Herbert joins Cushman & Wakefield from GXO Logistics, where he served as Vice President, Assistant Treasurer, responsible for cash management, liquidity planning, capital structure strategy and financial risk management globally.
  • Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries.

Adams Street Partners Raises $1 Billion for First Middle Market CLO

Retrieved on: 
Tuesday, April 9, 2024

The Private Credit team of Adams Street Partners , LLC (“Adams Street”), a private markets investment firm with more than $58 billion in assets under management, today announced the final closing of a $1 billion middle market collateralized loan obligation (“CLO”), ASP Summa.

Key Points: 
  • The Private Credit team of Adams Street Partners , LLC (“Adams Street”), a private markets investment firm with more than $58 billion in assets under management, today announced the final closing of a $1 billion middle market collateralized loan obligation (“CLO”), ASP Summa.
  • The CLO is a first for Adams Street and was structured in partnership with American Equity Investment Life Insurance Company (“American Equity Life”) (NYSE: AEL), a leading issuer of fixed index annuities.
  • “Adams Street’s first CLO represents a significant milestone for our private credit business,” said Bill Sacher , Partner & Head of Private Credit at Adams Street.
  • Adams Street and American Equity Life entered into a $2 billion joint venture partnership in 2021 to co-develop insurer capital-efficient products in middle market credit.

/R E P E A T -- Co‑operators Celebrates Resilience at 2024 AGM/

Retrieved on: 
Monday, April 8, 2024

GUELPH, ON, April 5, 2024 /CNW/ - Co‑operators celebrated resilience while navigating an increasingly complex environment at the 2024 Annual General Meeting (AGM).

Key Points: 
  • GUELPH, ON, April 5, 2024 /CNW/ - Co‑operators celebrated resilience while navigating an increasingly complex environment at the 2024 Annual General Meeting (AGM).
  • The event, taking place in Calgary, April 3-5, was host to 96 delegates representing 46 member organizations across Canada.
  • The chairperson of the Board, the president and CEO, and the Chief Financial Officer addressed delegates to define successes and opportunities within the 2023-2026 strategy.
  • The co-operative and collaborative approach had been vital in company's legacy, was identified as having central importance in their future.

Co‑operators Celebrates Resilience at 2024 AGM

Retrieved on: 
Friday, April 5, 2024

GUELPH, ON, April 5, 2024 /CNW/ - Co‑operators celebrated resilience while navigating an increasingly complex environment at the 2024 Annual General Meeting (AGM).

Key Points: 
  • GUELPH, ON, April 5, 2024 /CNW/ - Co‑operators celebrated resilience while navigating an increasingly complex environment at the 2024 Annual General Meeting (AGM).
  • In their remarks, leaders explored new ideas, technologies, and successes of the past year which would help strengthen the resilience of Co‑operators, its members, clients and communities.
  • That's why we continue to invest in social well-being, environmental resilience and inclusive economies," said John Harvie, Chairperson of the Board of Directors.
  • Extending from the company's commitment to cooperation and resilience, special emphasis was given to celebrating diversity.

Venus Concept Granted Continued Listing from Nasdaq Hearings Panel, Subject to Return to Compliance with Nasdaq Listing Rules

Retrieved on: 
Monday, March 25, 2024

On May 31, 2023, Nasdaq Listing Qualifications staff (“Nasdaq Staff”) issued the Company a deficiency notice citing that the stockholders’ equity as reported in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2023, was below the minimum $2,500,000 required for continued listing under Nasdaq Listing Rule 5550(b)(1) (“Minimum Equity Requirement”).

Key Points: 
  • On May 31, 2023, Nasdaq Listing Qualifications staff (“Nasdaq Staff”) issued the Company a deficiency notice citing that the stockholders’ equity as reported in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2023, was below the minimum $2,500,000 required for continued listing under Nasdaq Listing Rule 5550(b)(1) (“Minimum Equity Requirement”).
  • On July 17, 2023, the Company submitted to the Nasdaq Staff a plan to regain compliance with the Minimum Equity Requirement (the "Plan").
  • At the Hearing, the Company presented a comprehensive compliance plan to regain compliance to the Nasdaq Panel and received the Panel Decision regarding the Nasdaq Listing Rules on March 20, 2024.
  • “We are grateful for the opportunity from Nasdaq to continue to implement our turnaround plan, " said Rajiv De Silva, Chief Executive Officer of Venus Concept.

Dave to Participate in the FT Partners Equity Research Weekly Forum on March 22nd

Retrieved on: 
Thursday, March 21, 2024

LOS ANGELES, March 21, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming virtual FT Partners Equity Research Weekly Forum being held on Friday, March 22, 2024.

Key Points: 
  • LOS ANGELES, March 21, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming virtual FT Partners Equity Research Weekly Forum being held on Friday, March 22, 2024.
  • The team will participate in a fireside chat at 10:30 a.m.
  • ET followed by a question-and-answer period.
  • To request details to view the live event, please email FT Partners at [email protected] or email the Company’s investor relations team at [email protected] .

BrightSpring Health Services Recognizes its Valuable and Esteemed Female Leaders and Staff in Celebration of Women’s History Month

Retrieved on: 
Thursday, March 21, 2024

LOUISVILLE, Ky., March 21, 2024 (GLOBE NEWSWIRE) -- This Women’s History Month, BrightSpring Health Services, Inc. (“BrightSpring” or the “BrightSpring Health Services”) (NASDAQ: BTSG) recognizes and celebrates the dedicated women who make up 80% of our Company and who continue to pave the way for our leaders of tomorrow.

Key Points: 
  • LOUISVILLE, Ky., March 21, 2024 (GLOBE NEWSWIRE) -- This Women’s History Month, BrightSpring Health Services, Inc. (“BrightSpring” or the “BrightSpring Health Services”) (NASDAQ: BTSG) recognizes and celebrates the dedicated women who make up 80% of our Company and who continue to pave the way for our leaders of tomorrow.
  • “Women’s History Month is a reminder of all of the strong women that have created opportunities for us to have a voice at the table where decisions are made,” said Jennifer Parks, Vice President and Leader of StepStone Family & Youth Services, a BrightSpring company.
  • In 2023, we were recognized for our achievement in developing and promoting women from the Stevie Awards for “Women in Business” recognition and excellence.
  • This year’s theme for Women’s History Month is ‘ Women Who Advocate For Equity, Diversity and Inclusion, ’ which recognizes women’s role in eliminating bias and discrimination from our lives, workplaces and institutions.

“No Code” Hackathon for Social Change Attracts Diverse Talent, Embracing Equity and Justice

Retrieved on: 
Tuesday, March 19, 2024

ST. LOUIS, March 19, 2024 (GLOBE NEWSWIRE) -- WE WIN Together Week is proud to announce the inaugural "'No Code' Hackathon for Social Change," scheduled virtually from April 1-21, 2024, with an onsite option for teams in St. Louis during the homestretch of April 20 and 21. Hosted by WIN Network, Communities RISE Together, Well-being and Equity in the World, and Harris-Stowe State University, this groundbreaking event will harness the collective creativity of diverse teams to address systemic injustices prevalent in communities across the US and globally.

Key Points: 
  • Hackathon participants will work together to prototype ideas that champion changemakers and rectify the systemic inequalities perpetuated by barriers such as racism, sexism, classism, and caste.
  • The "No Code" Hackathon welcomes individuals from diverse backgrounds; no coding expertise required.
  • A series of speakers during the week of April 8-12 will provide valuable insights and guidance to support participants in their journey toward social change.
  • Focused on tackling structural racism and inequities, the hackathon will explore various areas, including healthcare, education, social services, transportation, and beyond.

VERSES Names Analog CEO Alex Kipman as Strategic Advisor & Closes US$2M Investment

Retrieved on: 
Monday, March 18, 2024

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, announces that Alex Kipman, CEO and Founder of Analog AI has joined as a Strategic Advisor.

Key Points: 
  • VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, announces that Alex Kipman, CEO and Founder of Analog AI has joined as a Strategic Advisor.
  • Mr. Kipman spent over two decades at Microsoft, most recently in the role of Corporate Vice President/Technical Fellow, Mixed Reality and Artificial intelligence.
  • In doing so, Mr. Kipman helped shape the go-to-market strategy and curated an ecosystem of partners to manage the system from development, to manufacturing, to distribution.
  • “We are excited to engage Alex as an advisor and to leverage his relationships and years of experience,” said Gabriel René, founder and CEO of VERSES.

Rayliant Partners with Sumitomo Mitsui DS Asset Management to Launch Rayliant SMDAM Japan Equity ETF (RAYJ)

Retrieved on: 
Thursday, April 4, 2024

Rayliant Global Advisors, a global asset management firm focused on active strategies that blend behavioral finance, data science, and insights in international markets, announced today that it has partnered with Sumitomo Mitsui DS Asset Management (SMDAM), a leading Japan-based asset manager with USD139 billion in total assets (as of 1 Jan 2024), to launch the Rayliant SMDAM Japan Equity ETF (RAYJ) .

Key Points: 
  • Rayliant Global Advisors, a global asset management firm focused on active strategies that blend behavioral finance, data science, and insights in international markets, announced today that it has partnered with Sumitomo Mitsui DS Asset Management (SMDAM), a leading Japan-based asset manager with USD139 billion in total assets (as of 1 Jan 2024), to launch the Rayliant SMDAM Japan Equity ETF (RAYJ) .
  • “We can think of no better partner with whom to launch this exciting new Japan-focused ETF than Sumitomo Mitsui DS Asset Management,” said Jason Hsu, PhD, Rayliant’s Founder and CIO.
  • RAYJ is the newest Rayliant ETF, joining a lineup which also includes Rayliant Quantamental China Equity ETF (Ticker: RAYC), Rayliant Quantamental Emerging Market ex-China Equity ETF (Ticker: RAYE), and Rayliant Quantitative Developed Market Equity ETF (Ticker: RAYD).
  • “This ETF partnership allows us to share our longstanding active Japanese equity expertise with a groundbreaking ETF provider and exceptional quantitative asset manager in Rayliant,” said Takashi Saruta, CEO of Sumitomo Mitsui DS Asset Management.