Lincoln Financial, a leading provider of insurance, annuities, group benefits and retirement solutions, announced its expansion into the rapidly growing private markets industry, partnering with Bain Capital, a leading global private investment firm, and Partners Group, one of the largest firms in the global private markets industry, to launch two new private markets-focused funds. Lincoln expects the new offerings to be available in late 2025.“Powered by industry-leading distribution
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March 19, 2025 @ 08:30 AM
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SSG Capital Advisors (“SSG”) served as the investment banker to Ideanomics, Inc., and subsidiaries (collectively “Ideanomics” or the “Company”) in the sale of substantially all assets of WAVE Charging to Tillou Management and Consulting LLC (“Tillou”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware and closed in March 2025.Ideanomics is a global EV company focused on driving the adoption of electric commercial vehicles
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March 21, 2025 @ 08:00 AM
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23andMe Holding Co., a leading human genetics and biotechnology company, has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri (the “Court”) to facilitate a sale process to maximize the value of its business. The Company intends to continue operating its business in the ordinary course throughout the sale process. There are no changes to the way the Company stores, manages, or protects customer data.23andMe is seeking authorization from
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March 24, 2025 @ 08:12 AM
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Second Avenue Capital Partners (SACP), a Schottenstein affiliate, closed a USD $20 million senior secured credit facility for Bouclair, a leading Canadian home brand and omnichannel retailer specializing in stylish and affordable home décor and furnishings. This new credit facility will enhance Bouclair’s liquidity and flexibility, supporting its continued growth and expanding wholesale opportunities. In addition to SACP’s credit facility, Bouclair also secured an additional financing commitment
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March 18, 2025 @ 08:15 AM
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S&P Global Ratings expects a likely downshift in U.S. GDP growth to a 1.6% quarterly average in 2025, according to Economic Outlook U.S. Q2 2025: Losing Steam Amid Shifting Policies.This comes amid a shifting policy mix that is altering the economic outlook, with the balance of risks to our growth forecast tilted to the downside. We project the U.S. unemployment rate will drift higher and peak at 4.6% by midyear 2026, with the public sector likely limiting payroll expansion, in contrast to
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March 26, 2025 @ 08:15 AM
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