CADC

Pinnacle Treatment Centers Hires Dr. Chris Yadron as SVP of Detox, Residential, and Ambulatory Services

Retrieved on: 
Friday, March 1, 2024

Pinnacle Treatment Centers, a leading provider of affordable, accessible substance use disorder treatment services, is thrilled to announce the recent hire of Dr. Chris Yadron, Ph.D., LCPC, CADC, as the new Senior Vice President of Detox, Residential, and Ambulatory Services.

Key Points: 
  • Pinnacle Treatment Centers, a leading provider of affordable, accessible substance use disorder treatment services, is thrilled to announce the recent hire of Dr. Chris Yadron, Ph.D., LCPC, CADC, as the new Senior Vice President of Detox, Residential, and Ambulatory Services.
  • View the full release here: https://www.businesswire.com/news/home/20240301160638/en/
    Chris Yadron, Ph.D., LCPC, CADC, SVP of Detox, Residential and Ambulatory Services for Pinnacle Treatment Centers.
  • (Photo: Business Wire)
    With a distinguished record of leadership in the field of Addiction Treatment and Behavioral Health, Dr. Yadron brings invaluable experience and insight to Pinnacle Treatment Centers.
  • "We are thrilled to welcome Dr. Chris Yadron to our team," said Brian Thorn, Chief Operating Officer at Pinnacle Treatment Centers.

Amesite Launches Implicit Bias Training with Expert Larry Davis Jr.

Retrieved on: 
Monday, January 29, 2024

Developed in collaboration with Larry Davis Jr., MA, LPC, CADC, NCC, ACS, this program is set to address the critical issues of workplace bias and inclusivity.

Key Points: 
  • Developed in collaboration with Larry Davis Jr., MA, LPC, CADC, NCC, ACS, this program is set to address the critical issues of workplace bias and inclusivity.
  • Implicit bias in the workplace is not only a significant concern for the safety and wellbeing of individuals, but also for the success of workplaces as a whole.
  • Dr. Ann Marie Sastry, CEO of Amesite, commented, “Creating programs like Implicit Bias Training enables our Customers to launch much-needed programs in their communities.
  • Working with an accomplished expert like Larry Davis Jr. and leveraging our partnerships with educational institutions underscore our dedication to improving workplace environments and promoting inclusivity.”
    Larry Davis Jr. added, “Leveraging my extensive experience in mental health counseling and education, I’m honored to collaborate with Amesite on this significant step in bringing essential implicit bias training to a broader audience.

Local Nonprofit Working to End South Side Mental Health Crisis

Retrieved on: 
Friday, October 13, 2023

CHICAGO, Oct. 13, 2023 /PRNewswire/ -- Studies show suicides have increased among young Black people across the United States in recent years. The reasons for this are not much of a mystery—Chicago's South Side is a mental health service desert and the stigma surrounding mental health in Black communities keeps many from seeking services. Trilogy is ready to change these startling statistics but needs the community's help now.

Key Points: 
  • The reasons for this are not much of a mystery—Chicago's South Side is a mental health service desert and the stigma surrounding mental health in Black communities keeps many from seeking services.
  • The nonprofit organization is reinforcing its commitment to fighting historic inequitable access to life-saving mental health support for Black Chicagoans.
  • Kimberly Casey, Trilogy Board Member and South Side resident, said there are huge disparities in access to mental healthcare in Chicago.
  • We are grateful to our sponsors for helping to break down walls for mental health: Garcia Hamilton & Associates, L.P., AssuredPartners, Eleos Health, MADO Healthcare, Tapestry 360 Health, USI Insurance Services, West Monroe, and Wintrust.

CION Ares Diversified Credit Fund Announces Increase to Distribution Rate and $4 Billion Total Assets Under Management Milestone

Retrieved on: 
Tuesday, October 3, 2023

CION Ares Management LLC (“CAM”), a joint venture between affiliates of CION Investments (“CION”), a leading manager and distributor of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) base distribution rate will increase for all share classes.

Key Points: 
  • CION Ares Management LLC (“CAM”), a joint venture between affiliates of CION Investments (“CION”), a leading manager and distributor of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) base distribution rate will increase for all share classes.
  • CAM is also pleased to announce the Fund recently surpassed $4 billion in total assets under management.
  • The annualized base distribution rate for Class I, the Fund’s largest share class, will reflect a 5.00% increase effective October 1, 2023.
  • This increase to the base distribution rate follows the special distribution rate increase that became effective in July 2023 and currently expires on June 30, 2024, unless otherwise extended.

CION Ares Diversified Credit Fund Announces Special Distribution Rate Increase

Retrieved on: 
Tuesday, June 13, 2023

CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) has elected to return additional investment income to shareholders via a special increase to the daily distribution rate for all share classes.

Key Points: 
  • CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) has elected to return additional investment income to shareholders via a special increase to the daily distribution rate for all share classes.
  • The annualized distribution rate for Class I, the Fund’s largest share class, will increase to 9.13% on NAV, as of May 31, 2023, representing a 10% increase of the current base distribution rate.
  • More information regarding the special distribution rate increase can be found in the Form 8-K filing dated June 13, 2023.
  • The Fund employs a dynamic asset allocation framework, leveraging the extensive operational resources, infrastructure and origination network of Ares.

CION Ares Diversified Credit Fund Announces Second Distribution Rate Increase in 2023

Retrieved on: 
Tuesday, April 4, 2023

CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) distribution rate has increased for all share classes.

Key Points: 
  • CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) distribution rate has increased for all share classes.
  • The annualized distribution rate for Class I, the Fund’s largest share class, increased to 8.30% on NAV, as of April 1, 2023.
  • More information regarding the distribution rate increase can be found in the Form 8-K filing dated March 6, 2023.
  • The increase is reflective of the Fund’s emphasis towards floating rate credit investments, which have benefitted from higher rates.

CION Ares Diversified Credit Fund Announces Increase to Distribution Rate and Pricing of Preferred Shares

Retrieved on: 
Tuesday, March 7, 2023

CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) will increase its distribution rates for all share classes, effective as of April 1, 2023.

Key Points: 
  • CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) will increase its distribution rates for all share classes, effective as of April 1, 2023.
  • The annualized distribution rate for Class I, the Fund’s largest share class, will increase to 8.25% on NAV, as of February 28, 2023, representing a 15% increase to the distribution rate for Class I.
  • More information regarding the distribution rate increase can be found in the Form 8-K filing dated as of March 6, 2023.
  • In addition to the distribution rate increase, the Fund recently priced $150 million of preferred shares.

CION Ares Diversified Credit Fund Reaches Milestone Six-Year Track Record

Retrieved on: 
Tuesday, January 31, 2023

CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) has reached a milestone six-year track record.

Key Points: 
  • CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) has reached a milestone six-year track record.
  • The Fund was incepted on January 26, 2017, and has a history of consistent asset growth and a strong track record of creating shareholder value.
  • CION Co-CEO Michael A. Reisner noted, “We were early believers that individual investors wanted access to institutional-quality credit alternatives.
  • We committed to this belief by building a fund that is broadly accessible and offers investors a differentiated product.

Comagine Health Bolsters Leadership Team with Additional Members

Retrieved on: 
Thursday, January 12, 2023

SEATTLE, Jan. 12, 2023 /PRNewswire-PRWeb/ -- Comagine Health, a leading national nonprofit health care consulting firm, named additional leaders recently. Marc Bennett, Comagine Health's president and chief executive officer, recognized that a broader range of diverse expertise is needed at the leadership level to achieve the organization's mission and vision. This move supports Comagine Health's commitment to investing in the research and evaluation division and enhancing the growth division.

Key Points: 
  • SEATTLE, Jan. 12, 2023 /PRNewswire-PRWeb/ -- Comagine Health, a leading national nonprofit health care consulting firm, named additional leaders recently.
  • "Comagine Health is committed to reimagining health care, together," Bennett said.
  • Comagine Health continues to expand, and our growth division has contributed significantly to much of this expansion.
  • Funders include the Centers for Disease Control and Prevention (CDC), the National Institutes of Health (NIH) and the Oregon Health Authority.

CION Ares Diversified Credit Fund Announces Increase to Distribution Rate

Retrieved on: 
Monday, January 9, 2023

CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) increased its distribution rates for all share classes, effective as of January 1, 2023.

Key Points: 
  • CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that the CION Ares Diversified Credit Fund (“CADC” or the “Fund”) increased its distribution rates for all share classes, effective as of January 1, 2023.
  • The annualized distribution rate for Class I, the Fund’s largest share class, increased to 7.29% of the NAV per share of $24.12, as of December 31, 2022, representing a 10% increase to the distribution rate for Class I.
  • More information regarding the distribution rate increase can be found in the Form 8-K filing dated as of December 8, 2022.
  • Over the past twelve months, the annualized distribution rate of the Fund’s Class I shares rose more than 26%, from $1.39 per share to $1.76 per share.