KKR Completes Acquisition of Remaining 37% of Global Atlantic
KKR & Co. Inc. and The Global Atlantic Financial Group LLC (together with its subsidiaries, “Global Atlantic”) yesterday announced the closing of the previously-announced transaction in which KKR is acquiring the remaining 37% of Global Atlantic, increasing KKR’s ownership to 100%. KKR acquired a majority of Global Atlantic in 2021, and since that time, it […]
Photonic secures USD 100Mln USD for Quantum Technology
Photonic Inc., a company building one of the world’s first scalable, fault-tolerant, and unified quantum computing and networking platforms based on photonically linked silicon spin qubits, yesterday announced it has raised an investment round of $100M USD. The funds were raised from organizations including British Columbia Investment Management Corporation (BCI), Microsoft Corporation, the UK government’s National Security Strategic Investment […]
Veracyte appoints Phillip G. Febbo for two designations
Veracyte, Inc. yeterday announced that Phillip G. Febbo, M.D., will join the company on October 2 as chief scientific officer and chief medical officer. Dr. Febbo, a distinguished industry and academic leader, will lead Veracyte’s global team of research and development, medical affairs, clinical affairs, quality, regulatory affairs, and lab director professionals to help advance […]
Webster welcomes Kristy Berner to a leadership role
Webster Financial Corporation, the holding company for Webster Bank, N.A. and its HSA Bank division, announced recently that Kristy Berner has been appointed Executive Vice President, General Counsel and Corporate Secretary of Webster Financial Corporation and Webster Bank. She will lead all of Webster’s corporate legal services. Berner has more than twenty years’ experience in […]
Global Holdings acquires the Mondrian Hotel on Park Avenue
Global Holdings, the international real estate development and investment firm led by Chairman and Founder Eyal Ofer, yesterday announced the acquisition of the Mondrian Park Avenue, a 190-key boutique hotel in Manhattan’s NoMad neighborhood. “Mondrian Park Avenue is an extraordinary asset, perfectly located in the heart of Manhattan at a time when tourists and local […]
Nelson Connects names Jeff Phelps as new CEO
California-based employment services firm Nelson Connects announces the appointment of Jeff Phelps as Chief Executive Officer. A staffing industry veteran and longtime business adviser to the Nelson Family of Companies, Phelps assumed his new position on July 1, 2023. Known for an unwavering dedication to service excellence, Phelps has held multiple C-level and executive leadership roles with an […]
Annexus Health enters into a partnership with Omega Healthcare
Annexus Health, Inc., a leading healthcare technology company that is revolutionizing the patient access journey through its innovative solutions, recently announced its partnership with healthcare management solutions provider Omega Healthcare. Ranked among the top revenue cycle management business service providers by industry analysts, Omega Healthcare leverages its AI and data analytics-based solutions and experienced staff […]