SIPC

Crescent Private Credit Income Corp. Launches with $150 Million Seed Capital Investment from SLC Management

Retrieved on: 
Monday, October 2, 2023
Asset Management, Professional Services, Finance, Communication, Crescent Capital Group, Marketing, CPCI, CCAP, Prospectus, SIPC, Investment, FINRA, Form, Depreciation, Capital Group Companies, Sun Life Financial, Security (finance), Crescent

Crescent Capital Group (“Crescent”), a leading alternative credit investment firm, announced today the launch of Crescent Private Credit Income Corp. (“CPCI”), a non-exchange traded, perpetual-life business development company (“BDC”).

Key Points: 
  • Crescent Capital Group (“Crescent”), a leading alternative credit investment firm, announced today the launch of Crescent Private Credit Income Corp. (“CPCI”), a non-exchange traded, perpetual-life business development company (“BDC”).
  • CPCI’s primary focus is to invest in companies with annual net income before net interest expense, income tax expense, depreciation and amortization (“EBITDA”) between $35 million and $120 million (although it may invest in larger or smaller companies).
  • CPCI may also make investments in syndicated loans and other liquid credit opportunities, including in publicly traded debt instruments, for cash management purposes, while also presenting an opportunity for attractive investment returns.
  • SLC Management had assets under management of $273 billion as of June 30, 2023.

hyve Launches the World's First Multiplayer Money Platform - Earn and Save Faster with Others

Retrieved on: 
Friday, September 29, 2023
Partnership, Habit, Friends, Social support, Fintech, FDIC, Android, IOS, SIPC, Investment, Map, Motivation, Growth, Family, Behavior, APY, Video game, Management, Bank

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- hyve (www.letshyve.com), a new savings and money management platform, announced today that its mobile app is now available on iOS and Android. hyve's mission is to pave a shorter path to financial success by making financial tools accessible, reliable, and sociable. Through the hyve app, customers can access competitive advantages like high APY (4.25%), curated investments, automated roundups, and AI-powered savings tools, but hyve is offering these benefits on the world's first multiplayer money platform.

Key Points: 
  • Through the hyve app, customers can access competitive advantages like high APY (4.25%), curated investments, automated roundups, and AI-powered savings tools, but hyve is offering these benefits on the world's first multiplayer money platform.
  • Built on theories of behavior economics, hyve aims to bridge the gap between social connections and financial growth.
  • hyve makes saving money easier with automated and customizable savings rules unique to a customer's specific savings goals.
  • Customers can access socially-accelerated growth and save faster by adding friends, family, and others in the hyve community to their goals as supporters.

Univest Securities, LLC Announces Closing of $5 Million Initial Public Offering of Ordinary Shares and Full Exercise of Exercise of Underwriters’ Over-Allotment Option for its Client Davis Commodities Limited (Nasdaq: DTCK)

Retrieved on: 
Thursday, September 21, 2023
SEC filing, Sale, Suite, Prospectus, SIPC, Investment, Rockefeller Center, ATTN:, Offering, FINRA, Form, Security (finance)

Univest Securities, LLC acted as the sole book-running manager for the Offering.

Key Points: 
  • Univest Securities, LLC acted as the sole book-running manager for the Offering.
  • Hunter Taubman Fischer & Li LLC acted as U.S. counsel to the Company, and Ortoli Rosenstadt LLP acted as U.S. counsel to Univest in connection with the Offering.
  • The Offering was made only by means of a prospectus, forming a part of the registration statement.
  • In addition, copies of the prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov .

Nuveen Secures Investment from TIAA for U.S. Impact Housing Fund Dedicated to Affordable Housing

Retrieved on: 
Tuesday, September 19, 2023
NOAH, Housing, Teachers Insurance and Annuity Association of America, Education, Insurance, Woman, Nuveen, Prospectus, TIAA, SIPC, Sustainable Development Goals, Risk, Investment, AMI, FINRA, ESG, Fund, Real estate, Financial services, Renewable energy, Financial adviser

The fund also intends to invest in regenerative development and financing that supports minority and women developers of affordable housing.

Key Points: 
  • The fund also intends to invest in regenerative development and financing that supports minority and women developers of affordable housing.
  • Nuveen has extensive experience investing in U.S. affordable housing dating back to 1992.
  • Through these capabilities, Nuveen has dedicated portfolio management support for its affordable housing assets and can work with local communities to preserve and develop more affordable housing.
  • Nuveen Real Estate is a real estate investment management holding company owned by Teachers Insurance and Annuity Association of America (TIAA).

Ault Alliance Launches New FinTech Offering Monthlyincome.com

Retrieved on: 
Tuesday, September 12, 2023
Other Professional Services, Software, Internet, Finance, Professional Services, Technology, Fintech, Other Technology, Insurance, FDIC, Interest, SIPC, Security (finance), NYSE, Financial adviser

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”) announced today the launch of its new FinTech offering via the Company’s online investing platform Monthlyincome.com , which provides opportunities for investors to purchase senior unsecured notes and earn fixed monthly income.

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”) announced today the launch of its new FinTech offering via the Company’s online investing platform Monthlyincome.com , which provides opportunities for investors to purchase senior unsecured notes and earn fixed monthly income.
  • Utilizing the in-depth commercial lending experience of Ault Alliance’s subsidiary Ault Lending, LLC (“Ault Lending”), Monthlyincome.com aims to build a diversified portfolio of high-income generating opportunities for customers.
  • Milton “Todd” Ault III, Executive Chairman of Ault Alliance, shared his excitement on the launch of Monthlyincome.com stating, “We could not be more excited for the launch of the Company’s new FinTech offering, Monthlyincome.com.
  • For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section of the Company’s website at www.Ault.com or at www.sec.gov .

CFD Companies’ Conference Brings Big Names in Marketing and Finance to Indiana

Retrieved on: 
Monday, August 21, 2023
Personal Finance, Asset Management, Professional Services, Finance, Fox News, Autumn, Marketing, SIPC, The New York Times Best Seller list, Creative, Registered investment adviser, Manufacturing Advisory Service, CFD, Empowerment, News, Conference, Financial adviser

Financial advisers, who are affiliated with the CFD companies, will be flying in from around the country to attend.

Key Points: 
  • Financial advisers, who are affiliated with the CFD companies, will be flying in from around the country to attend.
  • The annual event has been bringing in big names in finance and marketing for many years, but this year is generating additional interest, and it’s not just because of the high-profile speakers.
  • CFD leadership has also extended an open invitation, space permitting, for financial advisers affiliated with other firms to register and attend the conference at no charge.
  • “Our fall conference has always been a time of collaboration, encouragement and empowerment for the CFD family of advisers,” said Owens.

Investlink Kazakhstan: Elevating Reliability & Security with A New Trading Platform Powered by Trusted US Broker

Retrieved on: 
Wednesday, August 16, 2023
Partnership, ETF, Securities Investor Protection Corporation, BMO Harris Bank, IPO, SIPC, Investment, Safety, Daniyar, Cryptocurrency, Security (finance)

Amid rising skepticism towards investment firms and bank instability in Kazakhstan, Investlink provides a dependable solution, reducing reliance on local political or economic conditions.

Key Points: 
  • Amid rising skepticism towards investment firms and bank instability in Kazakhstan, Investlink provides a dependable solution, reducing reliance on local political or economic conditions.
  • "At Investlink, we're committed to providing an investment platform that prioritizes the security and peace of mind of our users," said Daniyar Nursultan.
  • Funds invested through Investlink are secured by the Securities Investor Protection Corporation (SIPC), which protects customers in the event of a US brokerage firm failure.
  • "All of our transactions are managed by trusted US law firms and managed by independent administrators," said Daniyar, introducing pre-IPO on Investlink platform.

Save® Announces Market Trust, an Innovative New Retirement Savings Program

Retrieved on: 
Wednesday, August 16, 2023
Securities Investor Protection Corporation, SIPA, Securities Investor Protection Act, FDIC, Congress, Market, Apex, Savings and loan crisis, Retirement, SIPC, Investment, Life annuity, Bank

Save expects the return potential of its Market Trust program to be higher than traditional high-yield interest savings accounts or market-driven retirement solutions.

Key Points: 
  • Save expects the return potential of its Market Trust program to be higher than traditional high-yield interest savings accounts or market-driven retirement solutions.
  • All program deposits are to be principal protected and designed to be held for the program term.
  • "Our Market Trust program can fundamentally change how people save for retirement."
  • "We're excited to work with Gainbridge® to build an entirely new approach to retirement savings," said Michael Nelskyla, CEO of Save.

Bison Hires Prominent Industry Veteran to Drive Growth

Retrieved on: 
Monday, July 24, 2023
Bison, Investment Advisers Act of 1940, Senior, BNY Mellon, Multimedia, Creativity, Market, KeyBank, Acquisition, Partner, SIPC, Administrative building of the North-Kazakhstan regional executive committee, FINRA, Knowledge, Wells Fargo, Environment, Financial adviser

ATLANTA, July 24, 2023 /PRNewswire/ -- Bison Wealth, LLC announces the hire of Tom Scaturro as Senior Managing Director and Partner in charge of acquisitions and expansion. Formerly Tom was Regional Executive - Eastern Markets and President, Florida for Key Private Bank.

Key Points: 
  • CEO of Bison Wealth, Chuck Rice says, "Tom is an industry veteran that has built many high performing wealth management teams throughout the country, having held senior roles at Key Bank, Wells Fargo and BNY Mellon.
  • Tom will be looking to recruit portfolio managers, advisors, fiduciary officers and financial planners to the Bison Wealth family."
  • Tom will focus on driving growth through expansion and acquisition, and will be dedicated fully to recruitment for the firm.
  • Investment Advisory services are provided through Bison Wealth, LLC located at 3550 Lenox Road NE Suite 2550 Atlanta, GA 30326.

SEC, NASAA, and Wisconsin DFI to host Investor Roundtable in Madison, Wisconsin on July 25

Retrieved on: 
Friday, July 21, 2023
Securities Investor Protection Corporation, North American Securities Administrators Association, Canadian Investor Protection Fund, Wisconsin Department of Financial Institutions, Financial institution, NASAA, SIPC, DFI, Security (finance), Music, Financial adviser

The afternoon session of the roundtable will be webcast on the SEC website.

Key Points: 
  • The afternoon session of the roundtable will be webcast on the SEC website.
  • SEC Chair Gary Gensler will provide virtual opening remarks, and SEC Commissioner Mark Uyeda will attend in-person.
  • I look forward to welcoming our SEC colleagues, and further strengthening investor advocacy in Wisconsin,” said Leslie Van Buskirk , Wisconsin Department of Financial Institutions Securities Division Administrator and Vice Chair of the SEC’s Investor Advisory Committee .
  • Location:          Wisconsin Department of Financial Institutions Headquarters, Hill Farms State Office Building - 4822 Madison Yards Way, Madison, WI 53705