Churchill Stateside Group Secures Financing for North Carolina Rural Housing Rehabilitation
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Churchill Stateside Group Secures Financing for North Carolina Rural Housing Rehabilitation

Churchill Stateside Group, LLC (“CSG”), a real estate and renewable energy financial services company, has completed financing to preserve and rehabilitate a portfolio of 14 USDA Rural Development 515 properties in North Carolina. This portfolio, comprising 383 apartment units, aims to bolster affordable housing across multiple counties in the state. The financing package includes $11,282,000…

New YorkBased Team Overseeing $180 Million Joins Osaic
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New YorkBased Team Overseeing $180 Million Joins Osaic

Nova Wealth, an independent wealth manager based in Buffalo, N.Y., has joined Osaic, Inc., boosting Osaic’s wealth management network. Nova Wealth, which oversees $180 million in client assets, is led by Elizabeth Evanisko, CRC®; Jeffrey Gelormini; and Brett Komm, CSSCS, CRC®, and is known for its deep expertise in retirement income distribution planning. Nova Wealth…

Principal Asset Management Launches International Equity ETF to Meet Demand for Active ETFs
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Principal Asset Management Launches International Equity ETF to Meet Demand for Active ETFs

Principal Asset Management announced the launch of its International Equity ETF (PIEQ), a largecap portfolio managed by the Principal equities team. With $154.8 billion in assets under management, the Principal equities team employs a focused investment strategy that combines global insights with local knowledge to deliver specialized equity investment solutions. The introduction of PIEQ is…

Neo Financial Announces CAD $360 Million Series D Fundraising Round
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Neo Financial Announces CAD $360 Million Series D Fundraising Round

Neo Financial, a leading Canadian financial technology company, has announced its successful CAD $360 million Series D fundraising round, consisting of CAD $110 million in equity and CAD $250 million in debt. This investment round was led by renowned Canadian entrepreneurs and founders, including Tobi Lütke (CEO and founder of Shopify), Stewart Butterfield (founder and…

Colonnade Advises Pathward Financial on the Sale of its Insurance Premium Finance Business to Honor Capital
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Colonnade Advises Pathward Financial on the Sale of its Insurance Premium Finance Business to Honor Capital

Pathward Financial, Inc. (Nasdaq: CASH), a U.S.based financial holding company, has completed the sale of its commercial insurance premium finance business, operated by its wholly owned subsidiary Pathward®, N.A., to AFS IBEX Financial Services, LLC, a subsidiary of Honor Capital Holdings, LLC. Honor Capital is known as one of the largest independently owned insurance premium…

MidFirst Bank Completes Acquisition of Amerant Banks Houston Locations
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MidFirst Bank Completes Acquisition of Amerant Banks Houston Locations

MidFirst Bank, the largest privately owned bank in the nation, has successfully completed its acquisition of the Houston, Texas banking locations of Amerant Bank, N.A., a subsidiary of Amerant Bancorp Inc. Through this acquisition, MidFirst Bank acquired six banking locations and 45 employees from Amerant, strengthening its presence in the desirable and rapidly growing Houston…

Wealth Management Firm Builds on Legacy and Innovation
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Wealth Management Firm Builds on Legacy and Innovation

Rothschild Wealth Partners, formerly known as Rothschild Investment LLC and Sentinus LLC, is a hightouch, independent financial advisory firm with a legacy dating back to 1908. Formed from the merger of Rothschild Investment LLC and Sentinus LLC, the firm is led by President Phil Johnson and his executive team. The firm continues to honor its…

The Bahamas Announces Cash Offer for Outstanding Notes as Part of Refinancing Transaction
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The Bahamas Announces Cash Offer for Outstanding Notes as Part of Refinancing Transaction

The Commonwealth of The Bahamas has initiated an offer to purchase outstanding notes with a cash consideration of up to $210 million as part of its refinancing efforts. The funding is facilitated through a facility with Standard Chartered Bank. Proceeds from the offer will support marine conservation objectives. The offer employs a modified Dutch auction…

RS Company Ltd. Transfers All Shares of Rays Company (Hong Kong) Limited to Hulic Co., Ltd.
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RS Company Ltd. Transfers All Shares of Rays Company (Hong Kong) Limited to Hulic Co., Ltd.

RS Company Ltd. (RS), an affiliate of Oasis Management Company Ltd., has transferred all shares of Rays Company (Hong Kong) Limited (Rays) to Hulic Co., Ltd. (Hulic). Rays was wholly owned by RS and held 63.88% of the shares of Raysum Co., Ltd. (Raysum). Additionally, RS transferred its loan receivables and dividend payment claims against…

Monroe Capital Announces Closing of Inaugural Collateralized Fund Obligation
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Monroe Capital Announces Closing of Inaugural Collateralized Fund Obligation

Monroe Capital LLC (“Monroe”) announced the closing of its first collateralized fund obligation (“CFO”), named Monroe Capital CFO I, Ltd., totaling $315 million. This CFO offers investors exposure to a diversified portfolio encompassing Monroe’s flagship senior secured direct lending and alternative credit solutions platforms, through both rated and nonrated securities. Company Description and Use of…