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ExchangeRight Announces Full Subscription of $26.95 Million Net-Leased All-Cash 19 DST
PASADENA, Calif.--(BUSINESS WIRE)--ExchangeRight has announced the full subscription of Net-Leased All-Cash 19 DST, a $26.95 million debt-free offering....
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The O.H.I.O. Fund Announces Lead Investment in Sonic Fire Tech's Seed Round; Khosla Ventures Reinvests, Capping Cleveland Startup's Seed Funding at $15M
CLEVELAND--(BUSINESS WIRE)--The O.H.I.O. Fund, a private fund investment adviser seeking to generate strong returns for investors while creating economic growth in Ohio, today announced it is leading a new round of funding in Sonic Fire Tech, a NASA-inspired fire tech startup developing infrasound-based fire defense systems. Khosla Ventures, one of the company's original lead investors, is doubling down, and existing backers Third Sphere and AirAngels continue to support the company. This round...
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Genstar Capital to Acquire Oncourse Home Solutions from Apax Funds
NAPERVILLE, Ill.--(BUSINESS WIRE)--Oncourse Home Solutions (“Oncourse” or “the Company”), a leading national provider of home infrastructure warranties, today announced that Genstar Capital (“Genstar”) has entered into a definitive agreement to acquire the Company from funds advised by Apax Partners LLP (“Apax”). Founded in 1992, Oncourse protects the critical home infrastructure that homeowners rely on, including water, sewer, gas, and electric lines, in-home plumbing, and home systems and app...
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Pontera Expands Connected Retirement Infrastructure with New Non-Discretionary Advice Offering
NEW YORK--(BUSINESS WIRE)--Pontera, announces expansion of its platform to support non-discretionary retirement advice through a secure, seamless, and guided experience....
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True Launches Forensic Referencing Offering and Appoints Christopher Jaros as Partner to Lead
PHILADELPHIA--(BUSINESS WIRE)--True launches Forensic Referencing: investigative executive intelligence led by Christopher Jaros to help vet leaders before high‑stakes deals....
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AM Best Upgrades Issuer Credit Rating of Dunav-Re a.d.o
LONDON--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Dunav-Re a.d.o (Dunav-Re) (Serbia). The outlook of the Long-Term ICR has been revised to stable from positive, while the outlook of the FSR is stable.The Credit Ratings (ratings) reflect Dunav-Re’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, l...
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Alts Custodian Launches Private Markets Portfolio Construction and Modeling Platform
SAN RAMON, Calif.--(BUSINESS WIRE)--Alts Custodian today announced the launch of its new Private Markets Portfolio Construction and Modeling Platform, giving financial professionals a new way to evaluate alternative investments — not in isolation, but as part of the investor’s overall portfolio. Available at model.altscustodian.com, the platform allows advisors, family offices and individual investors to integrate private-market funds and other alternative investments into existing portfolios a...
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Guidepost Solutions Welcomes Senior Financial Crime Executive Joseph E. Evans as Senior Managing Director
NEW YORK--(BUSINESS WIRE)--Guidepost Solutions, a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, today announced Joseph E. Evans has joined its Global Investigations + Regulatory Compliance practice as a senior managing director. Evans brings three decades of experience in senior financial crime roles, having steered top-tier financial institutions through some of banking's most intense stretches of regulator...
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RockRose Risk Raises $12.5 Million Series A to Scale Vertically Integrated Wildfire-Focused Insurance Platform
SAN FRANCISCO--(BUSINESS WIRE)--RockRose Risk, the insurance brokerage giving property owners discounts for wildfire mitigation, today announced it has raised a $12.5 million Series A co-led by Crosslink Capital and Congruent Ventures, with participation from Nuveen Real Estate, one of the world's largest investment managers with more than $136B in commercial real estate holdings. With the investment, the company is also evolving into a vertically integrated risk manager, combining autonomous p...
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Illumia Adds PayPal and Venmo for College Tuition Payments
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Illumia, an award-winning leader in innovative higher education, healthcare, senior living, and corporate technology, today announced that participating colleges and universities can now accept tuition and fee payments using PayPal or Venmo through their existing payment portals. PayPal and Venmo are already how many students and families manage money day to day. They pay for groceries, shop and earn rewards, split rent, and send money to friends and family....