Blackstone beats earnings estimates, CEO foresees broad-based acceleration

Pallavi Madhiraju- October 17, 2024 0

Blackstone Inc., the world’s leading alternative asset manager, reported stellar third-quarter results for fiscal year 2024-2025, exceeding Wall Street’s expectations and driving its stock up ... Read More

BNY Mellon bets on growing managed accounts market with Archer acquisition

Pallavi Madhiraju- September 7, 2024 0

The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services firm, announced a definitive agreement to acquire Archer Holdco, LLC ("Archer"), ... Read More

IFS completes Copperleaf Technologies acquisition to transform asset management

Pallavi Madhiraju- August 30, 2024 0

Industrial and Financial Systems, IFS AB, has successfully concluded its landmark acquisition of Copperleaf Technologies Inc., paying CAD$1 billion for the global leader in decision ... Read More

Credicorp Capital launches on Temenos Multifonds SaaS: A major leap in financial management

Pallavi Madhiraju- August 3, 2024 0

Credicorp Capital, part of one of Latin America's largest financial conglomerates, now operates on Temenos Multifonds delivered as a Software-as-a-Service (SaaS). This strategic move is ... Read More

TXO Partners secures key oil and gas assets for $243m in Montana and North Dakota

Pallavi Madhiraju- June 26, 2024 0

In a strategic expansion of its portfolio, TXO Partners, L.P. (NYSE: TXO) has inked agreements to acquire significant oil and gas assets in the Elm ... Read More

IFS to acquire Copperleaf Technologies to bolster global enterprise software capabilities

Pallavi Madhiraju- June 11, 2024 0

Industrial and Financial Systems, IFS AB ("IFS") has agreed to acquire all issued and outstanding common shares of Copperleaf Technologies Inc. (TSX: CPLF) for $12.00 ... Read More

Cresset Asset Management acquires historic Connable Office to bolster multi-family office services

Pallavi Madhiraju- June 9, 2024 0

Major Acquisition in Asset Management: Cresset Asset Management has announced its acquisition of The Connable Office, Inc., one of the oldest multi-family offices in the ... Read More

Wealth Enhancement Group expands with acquisition of Lynch Retirement Investment Group

Pallavi Madhiraju- April 26, 2024 0

Wealth Enhancement Group, an independent national wealth management firm overseeing more than $81.9 billion in client assets, has strategically expanded its portfolio by joining forces ... Read More

Sculptor Capital Management launches new CLO equity platform with Rithm Capital commitment

Pallavi Madhiraju- April 20, 2024 0

Sculptor Capital Management, Inc. ("Sculptor") has announced the initiation of the Sculptor Loan Financing Partners, a new captive CLO (collateralized loan obligation) equity investment platform. ... Read More

Petrofac secures $350m technical services contract from GEPetrol

Pallavi Madhiraju- April 19, 2024 0

Petrofac Limited, a global leader in providing services to the energy sector, has secured a significant Technical Services Contract worth approximately $350 million from Compañía ... Read More