CFA

Greenbacker announces new Chief Financial Officer, expands team with new Head of Infrastructure and Head of Capital Markets

Retrieved on: 
Thursday, February 1, 2024

Daniel De Boer, former Head of Renewables, Allianz Capital Partners of America, joins as Head of Infrastructure.

Key Points: 
  • Daniel De Boer, former Head of Renewables, Allianz Capital Partners of America, joins as Head of Infrastructure.
  • Carl Weatherley-White, former Advantage Capital Managing Director, joins as Head of Capital Markets.
  • Greenbacker also welcomes Daniel De Boer as Head of Infrastructure and Carl Weatherley-White as Head of Capital Markets.
  • As Managing Director & Treasurer at Hannon Armstrong Sustainable Infrastructure, he spearheaded the firm’s financial strategy and closed numerous bank and capital market transactions.

Red River Bancshares, Inc. Reports Fourth Quarter and Year-End 2023 Financial Results

Retrieved on: 
Tuesday, January 30, 2024

ALEXANDRIA, La., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its financial results for the fourth quarter and year ended 2023.

Key Points: 
  • ALEXANDRIA, La., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its financial results for the fourth quarter and year ended 2023.
  • Net income for the fourth quarter of 2023 was $8.3 million, which was $271,000, or 3.4%, higher than the prior quarter.
  • Net interest income for the fourth quarter of 2023 was $21.3 million compared to $20.7 million for the prior quarter.
  • Provision expense was $250,000 for the fourth quarter of 2023 compared to $185,000 for the third quarter of 2023.

Summit Trail Advisors Expands its Partnership with Three Partner Promotions

Retrieved on: 
Thursday, February 1, 2024

Summit Trail Advisors is proud to announce the promotion of Caitlin Hagan, Sarah Silverio, and Michelle Zeng to Partner.

Key Points: 
  • Summit Trail Advisors is proud to announce the promotion of Caitlin Hagan, Sarah Silverio, and Michelle Zeng to Partner.
  • Michelle is a voting member on the Summit Trail Investment Committee and is a key contributor to Summit Trail investment portfolios.
  • Petersen continued: “Caitlin, Sarah, and Michelle have been longstanding contributors to our success, and we are proud not only to welcome them to the Summit Trail Partnership but to have them as the first Partner promotions in our firm’s history.”
    Summit Trail Advisors is a member of the Dynasty Network of financial advisory firms.
  • Summit Trail Advisors is a $16 billion independent advisory firm with offices based in New York, Chicago, San Francisco, Boston, Seattle, Harrisburg, and Washington DC.

Chartered Business Valuators Predict Increase in M&A Activity: CBV Institute 2024 M&A Outlook Survey

Retrieved on: 
Wednesday, January 31, 2024

Chartered Business Valuators Institute (“CBV Institute” or “the Institute”), a not-for-profit valuation professional organization that provides training and accreditation in business valuation and leads the Chartered Business Valuator (CBV) profession, announced today the results of its 2024 M&A Outlook Survey.

Key Points: 
  • Chartered Business Valuators Institute (“CBV Institute” or “the Institute”), a not-for-profit valuation professional organization that provides training and accreditation in business valuation and leads the Chartered Business Valuator (CBV) profession, announced today the results of its 2024 M&A Outlook Survey.
  • CBV respondents rank private equity firms as most likely to experience a growth in transaction activity (55 per cent).
  • The 2024 M&A Outlook Survey was conducted by CBV Institute between January 10, 2024, and January 17, 2024.
  • The online survey was completed by CBV Institute’s members who were involved in M&A activity in 2023.

BetterInvesting™ Magazine Update on NXP Semiconductors N.V. and Comcast Corp.

Retrieved on: 
Thursday, February 1, 2024

"Given the record breaking highs of various indices, retail investors may be tempted to throw caution to the wind.

Key Points: 
  • "Given the record breaking highs of various indices, retail investors may be tempted to throw caution to the wind.
  • Non-members can utilize the limited, trial version of the BetterInvesting online stock selection and analysis tools to study the investment potential of NXP Semiconductors N.V. and Comcast Corp. by viewing their fundamental data and applying judgments.
  • As stated, the BetterInvesting committee's Stock to Study and Undervalued Stock choices are for the informational and educational uses of investors.
  • BetterInvesting urges investors to educate themselves about the stock market so they can make informed decisions about stock purchases.

Vestar Capital Partners Announces Promotions

Retrieved on: 
Thursday, February 1, 2024

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Vestar Capital Partners, a leading U.S. middle-market private equity firm, today announced the promotions of Wilson Orr and Ian Singleton from Vice Presidents to Principals, and Alyssa Stropoli from Senior Associate to Vice President.

Key Points: 
  • Orr and Singleton Promoted to Principal, Stropoli to Vice President
    NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Vestar Capital Partners, a leading U.S. middle-market private equity firm, today announced the promotions of Wilson Orr and Ian Singleton from Vice Presidents to Principals, and Alyssa Stropoli from Senior Associate to Vice President.
  • "Vestar has a long history of homegrown talent and promoting from within, and we're proud to uphold that tradition with the promotions of Wilson, Ian and Alyssa," said Dan O'Connell, Founder and CEO of Vestar.
  • We congratulate each of them on their promotions and look forward to their continued contributions to the firm."
  • Prior to joining Vestar, she was an Associate in Investor Relations at BC Partners, and previously she was an Associate on BlackRock's High Yield Portfolio Management team.

Balance Point Announces Investment Team Promotions and Two New Hires Across Investment and Investor Relations Teams

Retrieved on: 
Wednesday, January 31, 2024

The firm is also pleased to announce the addition of two new associates on the investment and investor relations teams, Wills Danielsen and Nina Lorusso, respectively.

Key Points: 
  • The firm is also pleased to announce the addition of two new associates on the investment and investor relations teams, Wills Danielsen and Nina Lorusso, respectively.
  • Seth Alvord, Managing Partner said, "We are very pleased to promote Grant, Dan, and James, each of whom have added significant value to Balance Point.
  • Their expertise and dedication to our firm and portfolio companies has greatly contributed to the success of our investment platform.
  • Grant joined Balance Point in 2017 as a Senior Associate and most recently was a Senior Vice President.

Heffernan Financial Services Acquires First Coast Wealth Advisors

Retrieved on: 
Wednesday, January 31, 2024

SAN FRANCISCO, Jan. 31, 2024 /PRNewswire/ -- Heffernan Insurance Brokers and Heffernan Financial Services entered the state of Florida with the acquisition of First Coast Wealth Advisors, located in St. Augustine.

Key Points: 
  • SAN FRANCISCO, Jan. 31, 2024 /PRNewswire/ -- Heffernan Insurance Brokers and Heffernan Financial Services entered the state of Florida with the acquisition of First Coast Wealth Advisors, located in St. Augustine.
  • Jeff Helms has worked in the financial services industry for nearly 40 years including multiple leadership positions before founding First Coast Wealth Advisors in 2003.
  • The First Coast Wealth Advisors team strategy is based on a financial planning foundation with consultative services including investment strategy, tax mitigation, wealth transfer, asset preservation and charitable planning.
  • "First Coast Wealth is excited to partner with Heffernan Financial Services.

KPMG in Canada reinforces employee and community commitment to People with Disabilities

Retrieved on: 
Wednesday, January 31, 2024

"The reality is, People with Disabilities still face physical, cultural, and attitudinal barriers in the Canadian workplace," says Rob Davis, Chief Inclusion, Diversity and Equity Officer, at KPMG in Canada.

Key Points: 
  • "The reality is, People with Disabilities still face physical, cultural, and attitudinal barriers in the Canadian workplace," says Rob Davis, Chief Inclusion, Diversity and Equity Officer, at KPMG in Canada.
  • As outlined in the plan, KPMG will create a Disability Inclusion Action Plan Steering Group to oversee the implementation of 40-plus actions and provide ongoing feedback.
  • People with Disabilities are an untapped pool of talent that could help Canada close the labour skills gap.
  • "Many with non-apparent disabilities hide them for fear of being stigmatized or hurting their chances of employment or promotion.

Vintage Investment Partners Announces Two New Members of Its Strategic Advisory Board

Retrieved on: 
Tuesday, January 30, 2024

Dr. Haj-Yehia served between 2019-2023 as Executive Group Chairman of Bank Leumi, the largest and oldest bank in Israel.

Key Points: 
  • Dr. Haj-Yehia served between 2019-2023 as Executive Group Chairman of Bank Leumi, the largest and oldest bank in Israel.
  • "I am thrilled to have Samer and Andy join our Strategic Advisory Board.
  • More importantly, both bring unique experience and perspectives to Vintage that we are thrilled to tap", said Alan Feld, Founder and Co-Managing Partner of Vintage.
  • The other members of the Vintage SAB include: Bradley Bloom, Former Chairman and Co-Founder of Berkshire Partners, Mark Dubowitz, CEO, Foundation for the Defense of Democracies, Ambassador S. Fitzgerald Haney, Former U.S.