Private equity firms are heading into 2025 with increasing momentum, bolstered by favorable economic trends and renewed confidence in deal-making, according to BluWave’s Q4 2024 PE Industry Insights Report. This report offers data-driven analysis of private equity’s evolving priorities and highlights the strategies shaping the industry for the year ahead.“Private equity leaders are shifting from cautious defensive strategies to bold, forward-looking investments,” said Sean Mooney, founder and
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January 30, 2025 @ 08:15 AM
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ID.me, a market leading digital identity wallet, closed a $275 million credit facility provided by Ares Management funds ("Ares"). Ares also plans to make a substantial equity investment in ID.me. Proceeds will fuel ID.me's continued acceleration, as ID.me is revolutionizing the way Americans securely prove their identity online, expanding digital access while protecting privacy and preventing fraud.This financing comes amid significant business momentum, as ID.me has signed up over 139 million
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January 31, 2025 @ 08:15 AM
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CoreVision Strategies has extended its banking expertise with the addition of Derek A. Holley as Managing Director. Holley is a Certified Public Accountant with nearly 40 years of combined experience in public accounting, middle market banking and asset-based lending.Before joining CoreVision, Holley was the National Field Exam Manager for JPMorgan Chase where he led a team of 70 professionals and maintained relationships with 50 independent field exam firms that performed over 1,000 exams
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January 31, 2025 @ 07:14 AM
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Wells Fargo announced that Jon Weiss, Co-CEO of Corporate & Investment Banking (CIB), has informed the company of his intention to retire. Weiss, who has been with Wells Fargo for nearly 20 years, will step down as Co-CEO effective immediately and will formally retire on June 1, 2025. Fernando Rivas, who joined Wells Fargo in May 2024 as Co-CEO of CIB, will become CIB’s sole CEO.“Jon has a long and distinguished track record of success in financial services, and he has made a lasting impact on
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January 31, 2025 @ 08:17 AM
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Hilco Global announced two key business development appointments. Kyle Murphy has been named Head of Financial Sponsor Coverage & Managing Director for Hilco Global Advisors, and Kate Madine joins as Senior Vice President, Northeast Region for Hilco Global Advisors. These roles underscore Hilco Global's commitment to enhancing client engagement and expanding market reach.In this new role, Murphy will focus on growing new and existing private equity client relationships in North America, working
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January 31, 2025 @ 08:00 AM
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