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News

citybiz
citybiz.co > article > 901742 > catalyst-power-secures-15-million-credit-facility-to-expand-distributed-generation

Catalyst Power Secures $15 Million Credit Facility to Expand Distributed Generation

2+ day, 9+ hour ago   (574+ words) Catalyst Power Holdings has secured a revolving credit facility of up to $15 million from East West Bank to finance the initial phase of its pipeline of distributed combined heat and power and solar projects for commercial and industrial customers. The…...

citybiz
citybiz.co > article > 901161 > arva-ai-launches-research-lab-to-automate-high-risk-banking-decisions

Arva AI Launches Research Lab to Automate High-Risk Banking Decisions

2+ day, 16+ hour ago   (411+ words) Banks have increasingly deployed artificial intelligence to assist with financial crime, fraud and other operational reviews, but many of the highest-risk decisions still require human approval. Arva AI is targeting that constraint with a dedicated Research Lab focused on developing…...

citybiz
citybiz.co > article > 901062 > dunes-point-capital-sells-nextgen-security-to-apax-partners-funds

Dunes Point Capital Sells NextGen Security to Apax Partners Funds

2+ day, 17+ hour ago   (306+ words) Dunes Point Capital has sold NextGen Security LLC, a Pennsylvania-based electronic security systems integrator, to funds advised by Apax Partners LLP, transferring the business to a new private equity owner as it continues serving complex and regulated facilities across multiple…...

citybiz
citybiz.co > article > 900440 > d-a-davidson-adds-tim-meyer-and-ted-speyer-to-capital-advisory-group

D.A. Davidson Adds Tim Meyer and Ted Speyer to Capital Advisory Group

3+ day, 16+ hour ago   (591+ words) D.A. Davidson & Co. has expanded its Capital Advisory Group with the appointment of Tim Meyer and Ted Speyer as managing directors, adding senior expertise in private placements and financial sponsor coverage as the investment bank broadens capital solutions for middle-market clients....

citybiz
citybiz.co > article > 897741 > mex-exchange-promotes-three-executives-to-strengthen-global-trading-operations

MEX Exchange Promotes Three Executives to Strengthen Global Trading Operations

1+ week, 3+ day ago   (468+ words) Jeremy Pearce has been named COO – Middle East, Africa & Asia, while Beth White has been promoted to COO – Americas & Europe. James Longo has been elevated to Chief Technology Officer. The structure gives MEX Exchange dedicated operational leadership across its primary…...

citybiz
citybiz.co > article > 897155 > mai-capital-names-amy-brady-managing-partner-to-drive-firmwide-growth

MAI Capital Names Amy Brady Managing Partner to Drive Firmwide Growth

1+ week, 4+ day ago   (480+ words) MAI Capital Management has hired veteran financial services executive Amy Brady as a managing partner, adding senior technology and operations expertise as the registered investment adviser expands nationally following Carlyle’s majority investment in the firm. Brady joins MAI effective Sept....

citybiz
citybiz.co > article > 896836 > fortress-expands-private-wealth-business-in-japan-and-emea-with-senior-hires

Fortress Expands Private Wealth Business in Japan and EMEA With Senior Hires

1+ week, 4+ day ago   (532+ words) Fortress Investment Group has appointed Yuko Umino as head of Private Wealth Solutions for Japan and Harry Bush as head of Private Wealth Solutions for EMEA, extending the investment manager’s private wealth platform into the two international markets. Umino, based…...

citybiz
citybiz.co > article > 896763 > drone-maker-easy-aerial-closes-20m-series-a-led-by-insight-partners

Drone-Maker Easy Aerial Closes $20M Series A Led by Insight Partners

1+ week, 4+ day ago   (311+ words) New York-based Easy Aerial, which makes autonomous drones for aerial intelligence and defense systems, has closed a $20 million Series B funding round, with participation from Insight Partners, Entrée Capital, and private U.S. investors. Founded by Israeli-born Shahar Abuhazira, who…...

citybiz
citybiz.co > article > 896723 > tidewater-completes-acquisition-of-wilson-sons-ultratug

Tidewater Completes Acquisition of Wilson Sons Ultratug

1+ week, 5+ day ago   (157+ words) Tidewater Inc. has completed its acquisition of Wilson, Sons Ultratug Participações S.A. and affiliate Atlantic Offshore Services S.A., expanding the Houston-based company’s offshore support vessel fleet and presence in Brazil. The transaction closed effective Aug. 31 and adds 22 platform supply vessels,…...

citybiz
citybiz.co > article > 896537 > tishman-speyer-completes-340-million-refinancing-of-the-franklin

Tishman Speyer Completes $340 Million Refinancing of The Franklin

1+ week, 5+ day ago   (309+ words) Tishman Speyer today announced that it has refinanced The Franklin, its iconic two-tower office complex in Chicago’s West Loop, with a $340 million CMBS loan. The Single Asset Single Borrower (SASB) loan was led by JPMorgan with Bank of America and…...