Corporate credit union

Marathon Asset Management Provides Creative Capital Solution to Support Bridger Aerospace’s Growth

Retrieved on: 
Wednesday, November 22, 2023

Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, announced it has entered into a joint venture partnership with Marathon Asset Management L.P. and Avenue Capital’s Sustainable Solutions Fund.

Key Points: 
  • Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, announced it has entered into a joint venture partnership with Marathon Asset Management L.P. and Avenue Capital’s Sustainable Solutions Fund.
  • “Marathon is excited to support Bridger Aerospace’s expansion to the European Union with our transformative transaction.
  • We have continued to strengthen our relationship with Bridger’s management team, and we are excited to have designed a creative capital solution that enabled Bridger to complete the Spanish Scooper transaction.
  • This result demonstrates Marathon’s ability to move quickly and deploy our flexible capital across the broader landscape of corporate credit.

Galileo Introduces Corporate Credit Solution that Streamlines B2B Expense Management for Fintechs and Non-Financial Brands

Retrieved on: 
Tuesday, October 17, 2023

The Galileo Corporate Credit solution simplifies this process by introducing a central account with a single credit limit for fintechs and non-financial brands to facilitate a streamlined billing cycle and enable corporate-level repayments.

Key Points: 
  • The Galileo Corporate Credit solution simplifies this process by introducing a central account with a single credit limit for fintechs and non-financial brands to facilitate a streamlined billing cycle and enable corporate-level repayments.
  • The Galileo solution can help businesses transform B2B expense management through:
    Simplified tracking and management of multiple employee charge cards.
  • Galileo's Corporate Credit solution is designed to remove accounting complexity by offering a central account with a single, easily managed credit limit.
  • For more information about the Galileo Corporate Credit Limit solution and its benefits, please visit https://docs.galileo-ft.com/pro/docs/corporate-credit-limit.

Octaura Completes First Fully Electronic Syndicated Loan Trades

Retrieved on: 
Wednesday, February 1, 2023

Octaura, the electronic trading platform for syndicated loans, announced the successful execution of their initial syndicated loan trades.

Key Points: 
  • Octaura, the electronic trading platform for syndicated loans, announced the successful execution of their initial syndicated loan trades.
  • Upon the success of the initial syndicated loan trades, the company will move forward with releasing its beta version for loan trading sessions prior to official launch.
  • “We created Octaura to improve participant efficiency, liquidity and transparency by modernizing the way syndicated loans are traded,” said Octaura CEO, Brian Bejile.
  • We look forward to continuing to work with Octaura and our clients in transforming the leveraged finance ecosystem.”

Mako Mining Appoints New Director

Retrieved on: 
Monday, January 23, 2023

KELOWNA, BC, Jan. 23, 2023 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") announces that its Board of Directors (the "Board") has appointed Mr. Brian Szeto as an independent director of the Company, effective today.

Key Points: 
  • KELOWNA, BC, Jan. 23, 2023 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") announces that its Board of Directors (the "Board") has appointed Mr. Brian Szeto as an independent director of the Company, effective today.
  • Mr. Szeto has over 20 year's experience in mining-focused finance and capital markets, holding executive and board positions, as well as being recognized as a top ranked mining analyst, following his start in the financial advisory services industry with Deloitte & Touché.
  • Mr. Szeto is currently Vice President, Corporate Credit, Mining at DBRS Morningstar, a global financial services firm, and a director of Ranchero Gold Corp.  From 2018 to 2021, he was Vice President, Corporate Development with a publicly listed gold producer and from 2007 to 2018 he was a top ranked mining analyst with National Bank Financial Markets, PI Financial Corp., and other independent brokerages.
  • Akiba Leisman, CEO of Mako states "I have known Brian for over a decade, first meeting him when he was the only equity analyst covering the predecessor of Mako.

Marathon Asset Management Appoints Karen Lau as Senior Portfolio Manager

Retrieved on: 
Wednesday, August 17, 2022

Marathon Asset Management (Marathon), one of the leading global credit investment managers, today announced that Karen Lau has joined the firm as Managing Director and Senior Portfolio Manager within the Corporate Credit group.

Key Points: 
  • Marathon Asset Management (Marathon), one of the leading global credit investment managers, today announced that Karen Lau has joined the firm as Managing Director and Senior Portfolio Manager within the Corporate Credit group.
  • Ms. Lau joins Marathon as a highly experienced portfolio manager, having been an integral part of several leading CLO managers during her career of nearly twenty years.
  • Prior to Onex, Karen spent six years at TPG Institutional Credit Partners as Co-Head of Portfolio Strategy focused on portfolio construction, warehouse ramping, and portfolio optimization of the TICP CLOs.
  • Marathon Asset Management, L.P. is a New York-based global investment advisor with approximately $23 billion of capital under management.

Regions Bank Taps Dave Strickert as Corporate Credit Products Leader

Retrieved on: 
Tuesday, March 15, 2022

Regions Bank on Tuesday announced it has hired Dave Strickert to lead Corporate Credit Products, part of Regions Credit Products Group within Corporate Banking.

Key Points: 
  • Regions Bank on Tuesday announced it has hired Dave Strickert to lead Corporate Credit Products, part of Regions Credit Products Group within Corporate Banking.
  • View the full release here: https://www.businesswire.com/news/home/20220315005178/en/
    Dave Strickert, head of Corporate Credit Products for Regions Bank (Photo: Business Wire)
    Strickert joins Regions after a 30-plus-year career at Bank of America, where he most recently served as managing director and group head of its Leveraged Finance team in the Wholesale Credit division.
  • In his new role with Regions, Strickert will lead Credit Products teams supporting Diversified Industries, Specialized Industries, Real Estate Banking, and Regions Equipment Finance Company (REFCO) clients.
  • Dave brings unparalleled portfolio management, risk management, and business development experience to the Regions Corporate Credit Products team, said Tim Monte, head of Credit Products at Regions Bank.

Quad to Promote Dave Honan to Chief Operating Officer and Tony Staniak to Chief Financial Officer

Retrieved on: 
Tuesday, October 5, 2021

Quad/Graphics, Inc. (NYSE: QUAD) (Quad or the Company), a worldwide marketing solutions partner, today announced it will promote Dave Honan to Chief Operating Officer from Chief Financial Officer, and Tony Staniak to Chief Financial Officer from Vice President of Finance.

Key Points: 
  • Quad/Graphics, Inc. (NYSE: QUAD) (Quad or the Company), a worldwide marketing solutions partner, today announced it will promote Dave Honan to Chief Operating Officer from Chief Financial Officer, and Tony Staniak to Chief Financial Officer from Vice President of Finance.
  • Over the past many years, Dave Honan has been deeply involved in developing and guiding our remarkable transformation strategy.
  • In his new role, Dave will draw on his previous operations experience in the manufacturing and service industries.
  • Added Quadracci: Tony Staniak has been a strong partner to Dave for many years, and is well connected to all parts of our business.

Franklin Templeton to Acquire Investment Grade Credit Team From Aviva Investors

Retrieved on: 
Monday, September 27, 2021

Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced the talent acquisition of Aviva Investors US-based Investment Grade Credit team, including senior portfolio managers Josh Lohmeier, CFA, and Michael Cho, CFA, to join Franklin Templeton Fixed Income (FTFI).

Key Points: 
  • Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced the talent acquisition of Aviva Investors US-based Investment Grade Credit team, including senior portfolio managers Josh Lohmeier, CFA, and Michael Cho, CFA, to join Franklin Templeton Fixed Income (FTFI).
  • The Investment Grade Credit team currently manages over $7.5 billion in institutional AUM at Aviva, across its suite of investment grade credit strategies, including US Investment Grade Credit, US Long Duration Credit, US Long Duration Government/Credit, and US Intermediate Credit, with additional customized versions of each strategy for various institutional clients.
  • Aviva clients in these strategies will have the opportunity to continue to have the team manage their assets at Franklin Templeton.
  • Im thrilled to continue to grow the substantial client interest we have seen in our investment grade credit strategy, now with Franklin Templeton, said Lohmeier.

Filene Launches Center of Excellence to Advance Data Analytics Within Credit Union System

Retrieved on: 
Wednesday, September 30, 2020

This three-year research project focuses on applied research to advance the practice of data analytics and prepare credit unions for the future financial services landscape.

Key Points: 
  • This three-year research project focuses on applied research to advance the practice of data analytics and prepare credit unions for the future financial services landscape.
  • Generous support for the Center for Data Analytics and the Future of Financial Services is provided by Alliant Credit Union, America First Federal Credit Union, Kinecta Federal Credit Union, Michigan State University Federal Credit Union, Visa, Inc. and Vizo Financial Corporate Credit Union.
  • "Through this work with Filene, the data management and analytics competency within the credit union system can be elevated to best in class and lead to greater growth and member financial well-being."
  • "Sponsoring a previous Center of Excellence was extremely rewarding and beneficial for both Visa and credit unions large and small.

Corporate One Federal Credit Union Offers Access Softek’s EasyVest™ Robo-Advisor to Bring Digital Investment Tools to Credit Unions

Retrieved on: 
Thursday, July 30, 2020

Through a new partnership and exclusive corporate credit union agreement, Corporate One Federal Credit Union will offer Access Softeks EasyVest, a robo-advisor investment solution that seamlessly integrates with any credit unions online and mobile banking platform, to credit unions nationwide.

Key Points: 
  • Through a new partnership and exclusive corporate credit union agreement, Corporate One Federal Credit Union will offer Access Softeks EasyVest, a robo-advisor investment solution that seamlessly integrates with any credit unions online and mobile banking platform, to credit unions nationwide.
  • Access Softek, Inc. , a digital banking platform provider, launched EasyVest as the first robo-advisor that is native to credit union mobile banking apps, enabling institutions to retain members by offering low-cost investment services.
  • Through this agreement, Corporate One, with a deep understanding of what credit unions need, provides an important seal of approval and will offer EasyVest to the nearly 800 credit unions in its network.
  • EasyVest presents an exciting opportunity for Corporate One to help credit unions compete in the growing robo-advisor market that is dominated by larger financial institutions, investment firms and fintechs, said Melissa Ashley, President and CEO of Corporate One Federal Credit Union.