Primary dealers

Morgan Stanley Investment Management Raises $1.6 billion for North Haven Credit Partners III

Retrieved on: 
Tuesday, August 3, 2021
Banking, Professional services, Finance, Finance, Financial services, Primary dealers, Money, Subprime mortgage crisis, House of Morgan, Mitsubishi UFJ Financial Group, Morgan Stanley, Investment banking, Wealth management, Investment management, J.P. Morgan & Co.

Morgan Stanley Investment Management today announced that it has raised $1.6 billion for North Haven Credit Partners III (NHCP III or the Fund), exceeding its original fundraising target by 29%.

Key Points: 
  • Morgan Stanley Investment Management today announced that it has raised $1.6 billion for North Haven Credit Partners III (NHCP III or the Fund), exceeding its original fundraising target by 29%.
  • Morgan Stanley Private Credit, part of Morgan Stanley Investment Management, is a private credit platform focused on direct lending and opportunistic private credit investment in North America and Western Europe.
  • Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.
  • Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.

Noah Holdings Limited to Announce Second Quarter 2021 Financial Results on Tuesday, August 17, 2021

Retrieved on: 
Tuesday, August 3, 2021
Finance, Investment, Financial services, Institutional investors, Primary dealers, Subprime mortgage crisis, CDH Investments

Noah Holdings Limited (NYSE: NOAH, BBB-) is a leading and pioneer wealth management service provider in China offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors.

Key Points: 
  • Noah Holdings Limited (NYSE: NOAH, BBB-) is a leading and pioneer wealth management service provider in China offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors.
  • In the first quarter of 2021, Noah distributed RMB27.1 billion (US$4.1 billion) of investment products.
  • Through Gopher Asset Management, Noah had assets under management of RMB154.1 billion (US$23.5 billion) as of March 31, 2021.
  • Noah's wealth management business primarily distributes private equity, public securities and insurance products denominated in RMB and other currencies.

Owl Rock Capital Corporation Announces Appointment of Jonathan Lamm as Chief Financial Officer

Retrieved on: 
Tuesday, August 3, 2021
Economy of New York City, Primary dealers, Subprime mortgage crisis, New York Stock Exchange, Finance, Ottawa Rape Crisis Centre, Lamm, Goldman Sachs, Banks

NEW YORK, Aug. 3, 2021 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE: ORCC) ("ORCC") today announced that it has appointed Jonathan Lamm as its Chief Financial Officer and Chief Operating Officer, effective September 1, 2021.

Key Points: 
  • NEW YORK, Aug. 3, 2021 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE: ORCC) ("ORCC") today announced that it has appointed Jonathan Lamm as its Chief Financial Officer and Chief Operating Officer, effective September 1, 2021.
  • From 2013 to 2021, Mr. Lamm served as Managing Director, Chief Operating Officer and Chief Financial Officer at GSAM Credit Alternatives.
  • From 2007 to 2013, Mr. Lamm served as Vice President, Chief Operating Officer and Chief Financial Officer at GSAM Credit Alternatives.
  • ORCC is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser that is an indirect subsidiary of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) and part of Owl Rock, a division of Blue Owl.

Milrose Consultants Appoints Domenick Chieco as Co-Chairman and Dominic Maurillo as CEO

Retrieved on: 
Tuesday, August 3, 2021
Primary dealers, Subprime mortgage crisis, Articles, Business, Banks, Chief operating officer, Corporate governance, Citigroup, Consulting firm, Morgan Stanley

In his new role as Co-Chairman of the Board of Directors, Mr. Chieco will join Co-Chairman Mr. Louis Milo in overseeing the strategic growth of Milrose.

Key Points: 
  • In his new role as Co-Chairman of the Board of Directors, Mr. Chieco will join Co-Chairman Mr. Louis Milo in overseeing the strategic growth of Milrose.
  • Mr. Maurillo joined Milrose in 2014 as COO and worked alongside Mr. Chieco and the other members of the leadership team to transform Milrose into a national, industry-leading real estate consulting firm.
  • Prior to his career at Milrose, Mr. Maurillo served as Global CAO of Distribution at Morgan Stanley Investment Management and as COO of CGCM funds at Citibank.
  • Milrose is a leading provider of building code compliance, fulfillment and consulting solutions to the Class A commercial real estate market.

BNY Mellon Wealth Management Names Daniel Gebhart Regional Director, Head of Portfolio Management in New England

Retrieved on: 
Tuesday, August 3, 2021
Finance, Financial services, Banks, Primary dealers, Subprime mortgage crisis, BNY Mellon, Mellon, UBS, Morgan Stanley, Wealth management, BNY Mellon Investment Management, CIBC Mellon

BOSTON, Aug. 3, 2021 /PRNewswire/ -- BNY Mellon Wealth Management has appointed Daniel Gebhart as Regional Director, Head of Portfolio Management in New England. He oversees the investment management, wealth planning and advice services for individuals, entrepreneurs, and endowments and foundations for the region, as well as providing direct leadership for the wealth managers. Daniel also serves as chairman of the region's Account Review Committee. He is based in Boston and reports to Vicary Graham, President of the New England Region.

Key Points: 
  • BOSTON, Aug. 3, 2021 /PRNewswire/ --BNY Mellon Wealth Management has appointed Daniel Gebhart as Regional Director, Head of Portfolio Management in New England.
  • Daniel joined BNY Mellon Wealth Management in 2000 from the firm's Pittsburgh office where he held a variety of roles.
  • Prior to joining BNY Mellon Wealth Management, Daniel held positions at PNC and Morgan Stanley.
  • BNY Mellon Wealth Management, which delivers leading wealth advice across investments, banking, custody, and wealth and estate planning, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation.

ATTENTION NORTHSTAR FINANCIAL SERVICES (BERMUDA) INVESTORS: The Securities Arbitration Law Firm of KlaymanToskes Commences Investigation of Potential Claims on Behalf of J.P. MORGAN SECURITIES CUSTOMERS

Retrieved on: 
Monday, August 2, 2021
Finance, Financial services, Banking, House of Morgan, Primary dealers, Financial Industry Regulatory Authority, United States securities law, Securities fraud, JPMorgan Chase, United States Securities Regulation

MIAMI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), has commenced an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through J.P. Morgan Chase Co.s (NYSE: JPM) subsidiary, J.P. Morgan Securities (JPMorgan).

Key Points: 
  • MIAMI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), has commenced an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through J.P. Morgan Chase Co.s (NYSE: JPM) subsidiary, J.P. Morgan Securities (JPMorgan).
  • In 2019, Northstar owner Greg Lindberg was indicted on federal wire fraud and bribery charges, and he is currently serving in prison after his conviction last year.
  • The sole purpose of this release is to investigate potential FINRA arbitration claims relating to JPMorgans sales practices concerning Northstar Financial Services (Bermuda).
  • KT is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters.

ATTENTION NORTHSTAR FINANCIAL SERVICES (BERMUDA) INVESTORS: The Securities Arbitration Law Firm of KlaymanToskes Commences Investigation of Potential Claims on Behalf of BANCWEST INVESTMENT SERVICES CUSTOMERS

Retrieved on: 
Monday, August 2, 2021
Finance, Financial markets, Banks, United States securities law, Financial Industry Regulatory Authority, Stock market, Primary dealers, Securities fraud, United States Securities Regulation, BNP Paribas, Security, Arbitration

SAN FRANCISCO, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), commences an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through Bancwest Investment Services, which is a subsidiary of BNP Paribass (BNPQY: U.S. OTC) Bank of the West.

Key Points: 
  • SAN FRANCISCO, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (KT), commences an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $250,000 in Northstar Financial Services (Bermuda) (Northstar) purchased through Bancwest Investment Services, which is a subsidiary of BNP Paribass (BNPQY: U.S. OTC) Bank of the West.
  • In 2019, Northstar owner Greg Lindberg was indicted on federal wire fraud and bribery charges, and he is currently serving in prison after his conviction last year.
  • The sole purpose of this release is to investigate potential FINRA arbitration claims relating to Bancwest Investment Servicess sales practices concerning Northstar Financial Services (Bermuda).
  • KT is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters.

Tricolor Completes $234 Million Asset-Backed Securitization, Oversubscribed by 3.5x

Retrieved on: 
Monday, August 2, 2021
Financial services, Finance, Banking, House of Morgan, Primary dealers, Barclays, Clan Barclay, JPMorgan Chase

JPMorgan Securities LLC acted as the sole lead book-running manager and Barclays acted as co-manager.

Key Points: 
  • JPMorgan Securities LLC acted as the sole lead book-running manager and Barclays acted as co-manager.
  • We are extremely excited to have attracted an expanded set of institutional investors to support our growth having been oversubscribed by more than three times, said Daniel Chu, founder and CEO of Tricolor Holdings.
  • Leveraging advanced AI technology, nearly fourteen years of proprietary customer insights, and over 22 million unique, non-traditional attributes, Tricolor has served over 85,000 customers and disbursed over $1.5 billion in affordable auto loans.
  • On a combined basis, Tricolor and Ganas have served over 80,000 customers and disbursed over $1.5 billion in affordable auto loans by using their proprietary model to segment risk.

Transaction in Own Shares

Retrieved on: 
Monday, August 2, 2021
Banks, Finance, Financial services, Investment banks, Primary dealers, BNP Paribas, CAC 40

These share purchases form part of the Company's share buy-back arrangement previously announced on 29 July 2021.

Key Points: 
  • These share purchases form part of the Company's share buy-back arrangement previously announced on 29 July 2021.
  • In respect of this arrangement, Exane BNP Paribas will make trading decisions in relation to the Companys securities independently of the Company for a period from 29 July 2021 up to and including 29 December 2021.
  • In accordance with EU MAR and UK MAR, a full breakdown of the individual trades made by Exane BNP Paribas on behalf of the Company as a part of the buy-back arrangement is detailed below.
  • LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70

Glacier Bancorp, Inc. Appoints Board Member

Retrieved on: 
Friday, July 30, 2021
Finance, Companies, Banks, Primary dealers, Hormaechea, Glacier Bancorp, Corporate governance, Kalispell, Montana, UBS

KALISPELL, Mont., July 30, 2021 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc.s (NASDAQ: GBCI) Board of Directors and its wholly owned subsidiary Glacier Bank announce the appointment of Michael B. Hormaechea as a Director of the Company and Glacier Bank, effective September 1, 2021.

Key Points: 
  • KALISPELL, Mont., July 30, 2021 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc.s (NASDAQ: GBCI) Board of Directors and its wholly owned subsidiary Glacier Bank announce the appointment of Michael B. Hormaechea as a Director of the Company and Glacier Bank, effective September 1, 2021.
  • Mr. Hormaechea was also appointed to the Companys Audit, Compensation, Compliance, Nominating/Corporate Governance, and Risk Oversight Committees.
  • Michael B. Hormaechea is the manager of Hormaechea Development LLC and has over 25 years of leadership in the real estate development industry for residential, commercial resort and mixed-use projects.
  • He currently serves as a director for Mountain West Bank, a division of Glacier Bank.