Compass point

Hovde Group Adds to Equity Research and Institutional Sales Platforms with Industry Veterans Brendan Nosal and Ashley Griffith

Retrieved on: 
Monday, February 26, 2024
Professional Services, Finance, Consulting, Asset Management, Banking, Accounting, Research fellow, Equity, Growth, Compass point, Piper Sandler Companies, Research, Financial services

Hovde Group, LLC (“Hovde”), a leading full-service investment bank and broker dealer that provides investment banking, capital markets, equity research, and sales and trading services focused on the financial services sector, today announced that it has added Brendan Nosal to its Equity Research Group and Ashley Griffith to its Institutional Equity Sales Group.

Key Points: 
  • Hovde Group, LLC (“Hovde”), a leading full-service investment bank and broker dealer that provides investment banking, capital markets, equity research, and sales and trading services focused on the financial services sector, today announced that it has added Brendan Nosal to its Equity Research Group and Ashley Griffith to its Institutional Equity Sales Group.
  • “I have been familiar with Brendan Nosal’s reputation for some time and respect his research product, thought process, and abilities.
  • Griffith will join Head of Capital Markets Michael Hedrei and the Institutional Sales team where he will provide sales coverage to bank specific and generalist institutional investors.
  • Griffith will be based in New Jersey and has worked in Equity Sales for over 20 years, most recently with Compass Point Research & Trading, LLC.

Atlas Credit Partners Provides $65 Million Strategic Financing Facility to FitLab, Multi-Brand Fitness Company with Fully Integrated Platform

Retrieved on: 
Wednesday, March 6, 2024
Acquisition, Partnership, History, Research, Compass point, Entrepreneurship

HOUSTON, March 6, 2024 /PRNewswire/ -- Atlas Credit Partners, an asset management firm specializing in investing and partnering with medium-sized businesses, today announced a $65 Million Strategic Financing Facility to FitLab, a multi-brand fitness company whose fully integrated platform solves the siloed nature of the industry, with approximately $35 million funded at closing and $30 million of remaining availability.

Key Points: 
  • HOUSTON, March 6, 2024 /PRNewswire/ -- Atlas Credit Partners , an asset management firm specializing in investing and partnering with medium-sized businesses, today announced a $65 Million Strategic Financing Facility to FitLab , a multi-brand fitness company whose fully integrated platform solves the siloed nature of the industry, with approximately $35 million funded at closing and $30 million of remaining availability.
  • This strategic facility from Atlas Credit Partners marks a significant step forward for FitLab.
  • "We're thrilled to secure the financing from Atlas to allow us to accelerate our expansion and offer our integrated platform to a broader audience seeking unparalleled fitness experiences."
  • "FitLab uniquely integrates every channel of the fitness ecosystem into a single, differentiated platform," said Andrew Sung, Head of Research at Atlas Credit Partners.

Runway Growth Finance Corp. Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

Retrieved on: 
Tuesday, November 14, 2023
Sale, Wells Fargo, UBS, EDGAR, Security (finance), Form, SEC filing, Compass point, Varick Street, 2nd Floor, Oppenheimer Holdings, Prospectus, BofA Securities, ATTN:

In connection with the offering, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 562,500 additional shares of the common stock offered by the Selling Stockholders.

Key Points: 
  • In connection with the offering, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 562,500 additional shares of the common stock offered by the Selling Stockholders.
  • Subject to customary closing conditions, the offering is expected to settle and close on or about November 16, 2023.
  • Runway Growth is not selling any shares of its common stock in the offering and will not receive any proceeds from the offering.
  • A preliminary prospectus supplement and accompanying prospectus relating to and describing the terms of the offering is available on the SEC's website located at www.sec.gov .

Blackstone Secured Lending Fund Prices Public Offering of Common Shares

Retrieved on: 
Thursday, August 10, 2023
Professional Services, Finance, Morgan Stanley, Attention, RBC, Bank of America, Keefe, Bruyette & Woods, Varick Street, Capital market, Stifel, BofA Securities, Compass point, Sale, Blackstone, RBC Capital Markets, Goldman Sachs, Prospectus, Citigroup, Wells Fargo, J. P. Morgan, Security (finance), UBS, 2nd Floor, NYSE, Barclays, Cryptocurrency

Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company” or “BXSL”) announced today that it has priced a public offering of 6,500,000 shares of its common shares of beneficial interest (“common shares”) for total gross proceeds of approximately $177.6 million.

Key Points: 
  • Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company” or “BXSL”) announced today that it has priced a public offering of 6,500,000 shares of its common shares of beneficial interest (“common shares”) for total gross proceeds of approximately $177.6 million.
  • In connection with the offering, the Company has granted the underwriters for the offering an option to purchase up to an additional 975,000 shares of its common shares.
  • The offering is subject to customary closing conditions, and the common shares are expected to be delivered on or about August 14, 2023.
  • Wells Fargo Securities, Morgan Stanley and BofA Securities are acting as lead joint book running managers for this offering.

Hercules Capital, Inc. Prices Upsized Public Offering of Common Stock

Retrieved on: 
Tuesday, August 8, 2023
Professional Services, Alternative Energy, Energy, Finance, Asset Management, Banking, Morgan Stanley, Keefe, Bruyette & Woods, Hercules, Varick Street, MUFG, Jefferies, Compass point, Sale, Goldman Sachs, Prospectus, Investment, ATTN:, Capital, Wells Fargo, Security (finance), UBS, 2nd Floor, NYSE

Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”) today announced that it has priced its upsized public offering of 6,500,000 shares of its common stock.

Key Points: 
  • Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”) today announced that it has priced its upsized public offering of 6,500,000 shares of its common stock.
  • Hercules has also granted the underwriters an option to purchase up to an additional 975,000 shares of its common stock.
  • The offering is subject to customary closing conditions and is expected to close on August 10, 2023.
  • Investors are advised to carefully consider the investment objectives, risks, and charges and expenses of Hercules before investing.

Hercules Capital, Inc. Announces Public Offering of Common Stock

Retrieved on: 
Monday, August 7, 2023
Professional Services, Finance, Morgan Stanley, Keefe, Bruyette & Woods, Hercules, Varick Street, MUFG, Jefferies, Compass point, Sale, Goldman Sachs, Prospectus, Investment, ATTN:, Capital, Wells Fargo, Security (finance), UBS, 2nd Floor, NYSE

Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”) today announced that it plans to make a public offering of 6,000,000 shares of its common stock.

Key Points: 
  • Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”) today announced that it plans to make a public offering of 6,000,000 shares of its common stock.
  • Hercules also expects to grant the underwriters for the offering an option to purchase up to an additional 900,000 shares of its common stock.
  • Investors are advised to carefully consider the investment objectives, risks, and charges and expenses of Hercules before investing.
  • The preliminary prospectus supplement and the accompanying prospectus, which have been filed with the SEC, contain this and other information about Hercules and should be read carefully before investing.

Akima Achieves ISO 27001 Certification

Retrieved on: 
Thursday, July 20, 2023
Cloud, NQA, Information, ISO, ISMS, Compass point, Confidentiality, Certification, International Organization for Standardization, ISO 27001:2013, Federation, International Organization (journal), Akima spline

HERNDON, Va., July 20, 2023 /PRNewswire/ -- Akima, a premier provider of products and services to the federal government, today announced that it recently achieved ISO 27001 certification, underscoring our commitment to information security and the protection of Akima's and our clients' information.

Key Points: 
  • HERNDON, Va., July 20, 2023 /PRNewswire/ -- Akima, a premier provider of products and services to the federal government, today announced that it recently achieved ISO 27001 certification, underscoring our commitment to information security and the protection of Akima's and our clients' information.
  • "Akima has always placed a high value on secure management of data and information systems," said Bill Monet, President and CEO of Akima.
  • ISO 27001 is the international standard that provides a framework for Information Security Management Systems (ISMS) to provide continued confidentiality, integrity, and availability of information as well as legal compliance.
  • Akima and four subsidiary companies, Akima Global Technology, Akima Data Management, Cloud Lake Technology, and Compass Point, achieved ISO 27001:2013 certification.

Saratoga Investment Corp. Prices Public Offering of $50.0 Million 8.50% Notes Due 2028

Retrieved on: 
Tuesday, April 11, 2023
Broad Street, ATTN:, Fifth Avenue, Egan-Jones Ratings Company, Oppenheimer, SAR, William Blair & Company, Park Avenue, FinCEN Files, L.L.C, Compass point, Sale, Prospectus, Investment, Ladenburg Thalmann, 4th floor, Security (finance), NYSE, Note

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $50.0 million in aggregate principal amount of 8.50% unsecured notes due 2028 (the “Notes”).

Key Points: 
  • NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $50.0 million in aggregate principal amount of 8.50% unsecured notes due 2028 (the “Notes”).
  • The offering is expected to close on April 14, 2023, subject to customary closing conditions.
  • The Company has granted the underwriters an option to purchase up to an additional $7.5 million in aggregate principal amount of Notes.
  • Ladenburg Thalmann & Co. Inc., B. Riley Securities, Inc., and Oppenheimer & Co. Inc. are serving as joint book-running managers for this offering.

Saratoga Investment Corp. Announces Offering of Notes and BBB+ Investment Grade Rating from Egan-Jones Ratings Company

Retrieved on: 
Tuesday, April 11, 2023
Broad Street, Note, Fifth Avenue, Egan-Jones Ratings Company, Oppenheimer, SAR, William Blair & Company, Park Avenue, FinCEN Files, L.L.C, Compass point, Sale, Prospectus, 4th floor, Security (finance), NYSE

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of unsecured notes (the “Notes”).

Key Points: 
  • NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of unsecured notes (the “Notes”).
  • The Company also announced that it has received an investment grade rating of “BBB+” from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
  • Ladenburg Thalmann & Co. Inc., B. Riley Securities, Inc., and Oppenheimer & Co. Inc. are serving as joint book-running managers for this offering.
  • Investors are advised to consider carefully the investment objective, risks and charges and expenses of the Company before investing.

Ares Capital Corporation Prices Public Offering

Retrieved on: 
Friday, January 13, 2023
Banking, Professional Services, Finance, China International Capital Corporation, Security (finance), 2nd Floor (Nina song), UBS, Oppenheimer, Telephone, Compass point, Vesey Street, Wells Fargo, File, BofA Securities, RBC Capital Markets, Keefe, Bruyette & Woods, Ares Management, Varick Street, Attention, Sale, Prospectus, J. P. Morgan

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,500,000 shares of its common stock.

Key Points: 
  • Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,500,000 shares of its common stock.
  • Ares Capital has granted the underwriters an option to purchase up to an additional 1,575,000 shares of common stock.
  • Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its credit facilities.
  • Investors are advised to carefully consider the investment objective, risks, charges and expenses of Ares Capital before investing.