Marcus & Millichap Expands its IPA Market Division in Canada
IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, announced its continued expansion in Canada with the hiring of real estate finance industry veteran Onorio Lucchese. Lucchese joins as senior managing director in the firm’s Toronto office. He is responsible for capital raising, facilitating cross-border transactions, […]
Synovus Financial Appoints Greg Montana to Its Board of Directors
Synovus Financial Corp. has appointed Greg Montana, former executive vice president and chief risk officer of Fidelity National Information Services Inc., to its board of directors, effective Jan. 1, 2025. He will serve on the audit and risk committees. This appointment increases the Synovus board to 12 directors. Montana retired from FIS in April 2023. […]
Cognivia announces strategic EUR 15.5Mln funding
Cognivia, an innovative AI company dedicated to reshaping pharmaceutical and biotech clinical research through cutting edge AI-ML algorithms, announced a significant investment milestone. Vesalius Biocapital IV, SFPIM (Société Fédérale de Participations et d’Investissement) and WE (Wallonie Entreprendre) have committed strategic investments to drive Cognivia’s mission to “quantify the power of the mind” to optimize and […]
iCapital® and Bain Capital Credit team up to accelerate alternative investments
iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, yesterday announced a partnership with Bain Capital Credit, L.P., a leading global credit specialist, to provide financial advisors and high-net-worth investors with access to a suite of Bain Capital Credit’s private credit strategies via iCapital’s technology platform. Through this partnership, […]
ZCG and Fawaz Alhokair announce strategic partnership
Z Capital Group (“ZCG”), a leading privately held merchant bank, and Zahrat Al Amaal Holding Company (“Fawaz Alhokair”), an investment entity founded by Fawaz Alhokair, recently announced a direct lending joint venture focused on providing flexible capital solutions to high-growth small- and medium-sized enterprises (SMEs) in Saudi Arabia. The strategic partnership, set to be operational […]
Understanding leases in the U.S.: A simplified guide
For businesses operating within the United States, navigating the distinctions between a capital lease and an operating lease is a critical aspect of financial management and accounting. These classifications not only affect a company’s balance sheet and tax reporting but also play a significant role in strategic financial planning. This article offers a straightforward guide […]
US-Based Ibex Investors closes its fourth Israel focused funds
Ibex Investors LLC , a US-based multi-stage and multi-strategy investment firm, announced yesterday the close of its fourth Israel focused fund, Ibex Israel VC II LP, with $106 million in capital commitments to invest in early-stage Israeli startups. The Fund follows Ibex’s $100 million Israel early-stage fund raised in 2020 and the roster of limited […]
Michael Fritz joins Dorsey & Whitney as a partner
Michael Fritz has joined Dorsey & Whitney LLP as a Partner in the Real Estate group in Phoenix, the law firm announced. Michael concentrates his practice on commercial real estate and capital market transactions as well as general corporate counseling. Michael regularly advises national and multinational clients in connection with their high-value commercial real estate and […]
Expro enters into a definitive agreement to acquire Coretrax
Expro, a leading provider of energy services, yesterday announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, from an investment group led by Buckthorn Partners. Total consideration to […]
Wedbush appoints Kevin D. White as Executive VP and Senior Advisor
Wedbush Financial Services, a diversified financial services holding company, welcomes Kevin D. White as Executive Vice President and Senior Advisor. In his new role, Kevin will collaborate with leadership across Wedbush’s varied lines of business, introducing and exploring new commercial and capital partnerships. Additionally, he will be responsible for the formation of an Investment Management […]
