Rasmala Group announces H.E. Abdallah Yahya Al-Mouallimi as Chairman

H.E. Abdallah Yahya Al-Mouallimi as Chairman, Rasmalla group

Rasmala Group, a leading alternative investment manager, has announced the appointment of H.E. Abdallah Yahya Al-Mouallimi, a prominent Saudi businessman and senior diplomat, as its Group Chairman. Al-Mouallimi served as Saudi Arabia’s Permanent Representative to the United Nations until 2022. He also served as Ambassador to Belgium, Luxembourg and the European Union, as Mayor of Jeddah, and as a member of the […]

Bell Bank Mortgage partners with Homebot

Charlie Pratt, CEO of Homebot

Homebot, a home finance education portal that empowers consumers to make smart home finance decisions, yesterday announced a partnership with the mortgage division of Bell Bank, the largest independently owned bank in the upper Midwest and one of the largest in the nation. As a customer-centric organization, Bell Bank Mortgage continually seeks innovative solutions to ensure […]

Uzum and Click collaborate to create a robust digital ecosystem in Uzbekistan

Uzum, one of the largest ecosystems of digital services in Uzbekistan, and Click, a leading payments company, announced yesterday that they have reached an agreement on a future merger. Upon completion of the transaction, which is now expected to close, Click’s shareholders will receive a minority stake in parent company Uzum and will be represented on […]

Huntington incorporates a new fund finance banking team

Stephen D. Steinour, Chairman, President and Chief Executive Officer

The Huntington National Bank announced recently the addition of a fund finance banking team to support its sponsor finance business within the Commercial Bank. The 10-person team will significantly boost Huntington’s capabilities by providing strategically important financing directly at the fund level and expanding coverage across the sponsor ecosystem. The team, led by managing director Brad Boland, is […]

Andrew Lusk joins Crown Sterling limited as President and Chief Legal Officer

Crown Sterling Roadmap

Crown Sterling Limited LLC, leader in Personal Data Sovereignty and provider of quantum-secure encryption and decentralized community platform Orion Messenger, announces Andrew Lusk has been appointed President and Chief Legal Officer. Mr. Lusk joins the team with over 10 years of experience as a trusted legal and risk advisor across finance, corporate affairs, and real estate. An early advocate and […]

Carbon Growth Partners to raise USD 20Mln for carbon credits fund

Performance since fund inception

Carbon market investor Carbon Growth Partners (CGP) has reopened its Carbon Growth Fund, seeking to raise US$200 million by mid-2024 including an initial US$20 million before the end of June 2023. The fund targets a 20% annual return by investing in a diversified portfolio of carbon credits and carbon offset projects. The capital raise comes […]

Lazard announces two leadership appointments

Peter R. Orszag(right), CEO Lazard and Kenneth M. Jacobs(left) Executive Chairman, Lazard

Lazard Ltd recently announced that Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director. Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients […]

FortySix Venture Capital announces investment in Exum Instruments

Tracy Poole, Managing Partner of 46 Venture Capital

FortySix Venture Capital LLC, (46VC), a Tulsa-based venture capital firm, announced its strategic investment in Exum Instruments’ Series A funding round, marking the first investment from their recently launched Kinetic Fund.  Exum Instruments, a Denver-based scientific instruments company, has developed the revolutionary Massbox , a cutting-edge instrument that democratizes mass spectrometry analysis. Unlike traditional analytical tools that […]

DXP Enterprises designates David Molero as Chief Accounting Officer

David Molero Chief Accounting Officer, DXP Enterprises

DXP Enterprises, Inc. recently announced that David Molero has been appointed as DXP’s new Chief Accounting Officer, effective May 22, 2023. Mr. Molero is a certified public accountant and has over 17 years of experience in accounting within a public company environment and most recently as a Chief Accounting Officer of another publicly traded company. David […]

East West Bank appoints Dr. Jason Hsu as Chief Economist

East West Bancorp, Inc., parent company of East West Bank, yesterday announced the appointment of Dr. Jason Hsu, founder and Chief Investment Officer of Rayliant Global Advisors, as the Chief Economist for East West Bank. In tandem with Dr. Hsu’s appointment, East West Bancorp has signed a definitive agreement to acquire a non-controlling interest in […]