AllianceBernstein

AllianceBernstein Announces Launch of NAV Lending Strategy

Retrieved on: 
Tuesday, December 5, 2023

AB NAV Lending will leverage the core capabilities, resources, and infrastructure of AB-PCI, which manages $17 billion in assets with a team of 75 professionals.

Key Points: 
  • AB NAV Lending will leverage the core capabilities, resources, and infrastructure of AB-PCI, which manages $17 billion in assets with a team of 75 professionals.
  • The launch of AB NAV Lending enables AB-PCI to provide fund-level financing to private equity sponsors in addition to portfolio company financing and equity co-investment solutions.
  • The firm also announced the hiring of two industry leaders with more than 20 years combined fund financing experience: AB-PCI Managing Director and Head of NAV Lending Dupe Adeyemo and Director of NAV Lending Sara Casey.
  • "We believe that AB NAV Lending can become a scaled business that generates attractive, risk-adjusted returns for our investors."

Nashville Bourbon Auction Unites Community, Raising Over $300,000 for Impact Youth Outreach and Country Music Hall of Fame

Retrieved on: 
Tuesday, November 21, 2023

The event raised an impressive sum of nearly $350,000 from sports, hospitality, allocated spirit, and fine dining packages.

Key Points: 
  • The event raised an impressive sum of nearly $350,000 from sports, hospitality, allocated spirit, and fine dining packages.
  • Jointly benefiting Impact Youth Outreach, an organization devoted to youth development, and the Country Music Hall of Fame, the event's organizers aimed to raise resources for both institutions.
  • The funds will further enable Impact Youth Outreach to deliver comprehensive educational programs and recreational resources for local youth, and support the Country Music Hall of Fame.
  • Along with this successful fundraising, Impact Youth Outreach announced a new capital campaign for the Impact Academy and Resource Center.

SMArtX Advisory Solutions Adds 26 Strategies to Its Manager Marketplace

Retrieved on: 
Thursday, November 9, 2023

WEST PALM BEACH, Fla., Nov. 9, 2023 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology, announced it has added 26 strategies offered by six leading asset management firms to its platform. Trillium Asset Management and New Capital by EFG Asset Management are now offering strategies across ESG core equity and US Small Cap Growth, respectively. The platform currently features 1303 strategies from over 300 asset management firms.

Key Points: 
  • Trillium Asset Management and New Capital by EFG Asset Management join the SMArtX Platform.
  • WEST PALM BEACH, Fla., Nov. 9, 2023 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology, announced it has added 26 strategies offered by six leading asset management firms to its platform.
  • Trillium Asset Management and New Capital by EFG Asset Management are now offering strategies across ESG core equity and US Small Cap Growth, respectively.
  • Several existing firms, including AllianceBernstein, Dearborn Partners, Kensington Asset Management, and Russell Investment Management, added 24 strategies to the platform.

ScyllaDB Raises $43M to Take on MongoDB at Scale, Push Database Performance to New Levels

Retrieved on: 
Tuesday, October 17, 2023

These funds will enable ScyllaDB to accelerate its momentum with MongoDB customers who are wrestling with scale.

Key Points: 
  • These funds will enable ScyllaDB to accelerate its momentum with MongoDB customers who are wrestling with scale.
  • Across industries, R&D teams are increasingly realizing that ScyllaDB’s dramatically different database architecture delivers better performance and horizontal scalability for data-intensive workloads.
  • In an independent benchmark , ScyllaDB achieved up to 68X lower latencies vs. MongoDB, up to 20X higher throughput, and 19X better price/performance ratio.
  • Overall, the study compared a total of 133 performance measurements and ScyllaDB outperformed MongoDB in 132 of 133 measurements.

QYOU Media Inc: Heavyweights like Netflix and Disney Battle for Indian Market

Retrieved on: 
Tuesday, October 17, 2023

This article discusses the issue with reference to Netflix ( NASDAQ: NFLX ), Walt Disney Co ( NYSE: DIS ), Paramount Global ( NASDAQ: PARA ) and QYOU Media ( TSXV: QYOU ) ( OTCQB: QYOUF ).

Key Points: 
  • This article discusses the issue with reference to Netflix ( NASDAQ: NFLX ), Walt Disney Co ( NYSE: DIS ), Paramount Global ( NASDAQ: PARA ) and QYOU Media ( TSXV: QYOU ) ( OTCQB: QYOUF ).
  • QYOU Media (TSXV: QYOU) (OTCQB: QYOUF) produces, distributes and monetizes content created by social media influencers and digital content stars.
  • Netflix (NASDAQ: NFLX) is another company seeking to capitalize on the huge Indian entertainment market.
  • These Indian Netflix originals include 59 original movies and even more television shows, as well as several stand-up comedies and documentary features.

Thomas Nonnweiler Joins Fiduciary Trust Company as a VP and Investment Officer

Retrieved on: 
Tuesday, October 10, 2023

Fiduciary Trust Company (“Fiduciary”), a Boston-based private wealth management firm, is pleased to announce the hiring of Thomas Nonnweiler, CFP ®, as a Vice President and Investment Officer.

Key Points: 
  • Fiduciary Trust Company (“Fiduciary”), a Boston-based private wealth management firm, is pleased to announce the hiring of Thomas Nonnweiler, CFP ®, as a Vice President and Investment Officer.
  • Nonnweiler will report to Sidney Queler , Head of Wealth Management.
  • View the full release here: https://www.businesswire.com/news/home/20231010191155/en/
    Thomas Nonnweiler, VP and Investment Officer at Fiduciary Trust Company (Photo: Business Wire)
    As an Investment Officer, Nonnweiler will work closely with individuals and families to develop, implement, and oversee customized investment and wealth planning solutions designed to meet their unique long-term goals.
  • “His experience serving with high-net-worth families as well as his planning credentials will benefit our clients and complement our team.”
    “I look forward to joining the talented group of professionals at Fiduciary,” said Nonnweiler.

AB to Report Third Quarter 2023 Results on October 26, 2023

Retrieved on: 
Thursday, October 12, 2023

NASHVILLE, Tenn., Oct. 12, 2023 /PRNewswire/ -- AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that Third Quarter 2023 financial and operating results will be released after the market closes on Thursday, October 26, 2023.

Key Points: 
  • NASHVILLE, Tenn., Oct. 12, 2023 /PRNewswire/ -- AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that Third Quarter 2023 financial and operating results will be released after the market closes on Thursday, October 26, 2023.
  • Management will conduct a teleconference on October 27, 2023, beginning at 9:00 am (CT), to discuss the results.
  • The presentation that will be reviewed during the conference call will be available on AB's Investor Relations website shortly after the release of our Third Quarter 2023 financial and operating results, after the market closes on October 26, 2023.
  • A replay of the webcast will be made available beginning approximately one hour after the completion of the conference call on October 27, 2023.

Alpaca Launches Private Equity Real Estate Platform

Retrieved on: 
Friday, September 29, 2023

Alternative investments management firm Alpaca (or the “Firm”) announced today the launch of Alpaca Real Estate (or “ARE”).

Key Points: 
  • Alternative investments management firm Alpaca (or the “Firm”) announced today the launch of Alpaca Real Estate (or “ARE”).
  • In addition, we expect Alpaca’s expertise will allow us to implement technology more efficiently than the typical real estate owner, and in doing so create upside opportunities.”
    Weiss added, “Establishing Alpaca Real Estate allows us to combine what we believe are strong baseline real estate returns with the potential upside associated with operational and technology-driven overlays.
  • Alpaca Real Estate was created to drive technology utilization from the bottom up by bridging the gap between real estate users and PropTech firms.
  • “We believe that Alpaca is advantageously positioned to capitalize on the growing trend of investing at the intersection of real estate and technology.”

AllianceBernstein Launches AB US Large Cap Strategic Equities ETF (LRGC) on NYSE Arca

Retrieved on: 
Wednesday, September 20, 2023

NASHVILLE, Tenn., Sept. 20, 2023 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P., a leading global investment management and research firm, announced today the launch of AB U.S. Large Cap Strategic Equities ETF (LRGC) as an active exchange-traded fund (ETF) on the New York Stock Exchange (NYSE).

Key Points: 
  • NASHVILLE, Tenn., Sept. 20, 2023 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P., a leading global investment management and research firm, announced today the launch of AB U.S. Large Cap Strategic Equities ETF (LRGC) as an active exchange-traded fund (ETF) on the New York Stock Exchange (NYSE).
  • "The launch of AB U.S. Large Cap Strategic Equities ETF demonstrates our continued commitment to innovation and growth in order to meet evolving client needs," said AB's Global Head of ETFs and Portfolio Solutions Noel Archard.
  • In managing LRGC, AB uses both fundamental and quantitative research to determine the securities in which to invest and to manage risk.
  • The launch of LRGC marks the 7th ETF launch for AB since the inception of the firm's first ETF in September 2022.

LaunchTN Announces Schedule for 10th Annual 3686 Conference

Retrieved on: 
Tuesday, September 5, 2023

One of the South’s largest gatherings of founders, investors, executives, and entrepreneurs, LaunchTN’s 3686 conference is celebrating its 10th anniversary Sept. 19-21 at the Wildhorse Saloon in Nashville.

Key Points: 
  • One of the South’s largest gatherings of founders, investors, executives, and entrepreneurs, LaunchTN’s 3686 conference is celebrating its 10th anniversary Sept. 19-21 at the Wildhorse Saloon in Nashville.
  • Highlights from this year’s schedule include:
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20230905461498/en/
    A panel from 3686 in September 2022.
  • Among the 50+ speakers slated to appear are Oracle Netsuite’s Evan Goldberg and Built Technologies’ Jamie Ikerd.