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Asset Management
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BlackRock Announces Shareholder Approval of Certain Municipal CEF Reorganizations

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today that shareholders of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) have approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations”). Reorganizations of BlackRock MuniYield Fund, Inc. (MYD), BlackRock MuniYield Quality Fund II, Inc. (MQT) and BlackRock Investment Quality Municipal Trust, Inc. (BKN) with and into BlackRock MuniYie...
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Sculptor Closes CLO XXXVII With $408 Million

NEW YORK--(BUSINESS WIRE)--Sculptor Capital Management, Inc. (“Sculptor” or the “Firm”), a leading global alternative asset manager specializing in opportunistic investing, announced today the closing of Sculptor CLO XXXVII (“Sculptor CLO 37” or “CLO 37”), a $408 million collateral loan obligation (CLO) transaction. With the closing of CLO 37, Sculptor currently manages a global suite of 34 CLOs and CBOs totaling approximately $13 billion across both the US and Europe. Sculptor CLO 37 is backed...
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Schwab Center for Financial Research Reveals Its 2026 Market Outlook

WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Center for Financial Research (SCFR), which provides top-quality research, timely market insights and practical guidance for investors, today announced the release of its 2026 outlook, Schwab’s Market Perspective: 2026 Outlook, which delivers insights on the most important market and economic trends that investors should consider for the year ahead. Schwab’s Market Perspective: 2026 Outlook provides perspectives on U.S. stocks and economy, treasury b...
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Brightly Software Releases Survey on Americans’ Perceptions of Global Tariffs and Local Infrastructure Project Costs

RALEIGH, N.C.--(BUSINESS WIRE)--A new survey from Brightly Software, a Siemens company and the global leader in asset lifecycle management solutions, found the introduction of several global tariffs over the last year is causing concern among consumers about the cost of their local infrastructure, with 58% of respondents expecting the price of maintaining and upgrading local infrastructure to increase and 81% concerned tariffs will delay local infrastructure projects. The 1,000 U.S. consumer po...
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CapIntel Expands Platform and Footprint Amid Rapid 2025 Growth

TORONTO--(BUSINESS WIRE)--CapIntel, a pioneer in financial technology solutions transforming how wealth professionals communicate investment insights, today announced a year of exceptional growth underscored by major product innovation, leadership-team expansion and global recognition. The company also reported 9,225% revenue growth over the past three years, placing it among the fastest-growing fintech companies globally. In 2025, CapIntel deepened its commitment to elevating the advisor exper...
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SkillCorner Announces $60 Million Growth Investment from Silversmith Capital Partners

PARIS--(BUSINESS WIRE)--SkillCorner, the leading provider of AI-driven sports tracking and contextual performance data, today announced a $60 million growth investment from Silversmith Capital Partners, a Boston-based growth equity firm focused on backing exceptional founder-led technology and healthcare businesses. The partnership marks a major milestone for SkillCorner as it deepens its presence in key markets and builds on its leadership in AI-driven sports intelligence. With Silversmith’s b...
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Silversmith Capital Partners investit 60 millions de dollars dans SkillCorner

PARIS--(BUSINESS WIRE)--SkillCorner, leader mondial de la production assistée par IA de données de tracking et de performance, annonce aujourd’hui un investissement de 60 millions de dollars de la part de Silversmith Capital Partners, société de capital-développement basée à Boston spécialisée dans l’accompagnement d’entreprises à fort potentiel de la tech et de la santé. Il s’agit d’une étape majeure qui va permettre à l’entreprise française de renforcer sa présence sur ses marchés et plus lar...
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Altai Capital Management Announces Intention to Nominate Two Highly-Qualified Candidates for Election to OraSure Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Altai Capital Management, L.P. (“Altai”), one of the largest shareholders and beneficial owners of approximately 5.2% of the outstanding common stock of OraSure Technologies, Inc. (“OraSure” or the “Company”) (NASDAQ: OSUR), today announced that it has delivered a letter notifying the OraSure Board of Directors (the “Board”) of Altai’s intention to nominate two highly-qualified candidates, John Bertrand, CEO of Digital Diagnostics, and Rishi Bajaj, President and CI...
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MarketVector Closes 2025 with $100 Billion Benchmarked, Global Expansion, and Industry Recognition

FRANKFURT, Germany--(BUSINESS WIRE)--2025 was a landmark year for MarketVector™ Indexes (“MarketVector”). The firm surpassed $100 billion USD in assets benchmarked to its indexes — a milestone made possible by the precision of its indexes, the continued trust of its clients, the strength of its partnerships, and the work of a global team focused on building the next generation of benchmarks. MarketVector began the year by winning Index Provider of the Year from Hedgeweek Europe, reinforcing its...
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Vestmark Partners with WestEnd Advisors to Develop Tax-Advantaged U.S. Sector Strategy SMA

WAKEFIELD, Mass.--(BUSINESS WIRE)--Vestmark, Inc., a leading provider of wealth management software and services, announced a partnership today with WestEnd Advisors, LLC, a leader in actively managed model portfolios and separately managed accounts (SMAs), to launch a tax-advantaged U.S. Sector Strategy SMA. WestEnd Advisors’ U.S. Sector Index strategy seeks to provide long-term capital appreciation and mitigate risk by combining active, macroeconomically driven sector allocation and avoidance...