27 days ago
By Exec-Edge Editorial Staff
Sir Lynton Crosby has spent four decades reading public opinion for people who couldn't afford to get it wrong — prime ministers, presidents, and the boards of some of the world's largest companies. As Executive Chairman of CT Group, the research and strategy firm he co-founded, Crosby has built one of the most quietly influential shops in political and corporate consulting, with offices across eight countries and a client roster that spans government, industry, and advocacy. In recent years, CT Group has turned its research apparatus toward a subject closer to home for the business community it serves: capitalism itself, and why the system's public standing hasn't kept pace with its performance. We spoke with Crosby about what the firm's research found, and what it means for how business leaders talk about the system they operate in.
Exec Edge: CT Group ran a large-scale study on public attitudes toward capitalism. What prompted that?
We had seen a number of signals that some of the trending narratives on how the public felt about the predominant economic system were misleading. But we don't operate on feelings, but instead we respond to data, so we tested it. There's a narrative that's taken hold since the financial crisis — that the public has simply given up on capitalism, that a decade of scandals and populist politics has turned the average voter against the system outright. We fielded a nationally representative survey of 3,000 people, backed by focus groups, to find out if that was actually true or if something more specific was going on. It turned out to be the latter.
Exec Edge: What did the research actually find?
#edge #Research #turned
Sir Lynton Crosby has spent four decades reading public opinion for people who couldn't afford to get it wrong — prime ministers, presidents, and the boards of some of the world's largest companies. As Executive Chairman of CT Group, the research and strategy firm he co-founded, Crosby has built one of the most quietly influential shops in political and corporate consulting, with offices across eight countries and a client roster that spans government, industry, and advocacy. In recent years, CT Group has turned its research apparatus toward a subject closer to home for the business community it serves: capitalism itself, and why the system's public standing hasn't kept pace with its performance. We spoke with Crosby about what the firm's research found, and what it means for how business leaders talk about the system they operate in.
Exec Edge: CT Group ran a large-scale study on public attitudes toward capitalism. What prompted that?
We had seen a number of signals that some of the trending narratives on how the public felt about the predominant economic system were misleading. But we don't operate on feelings, but instead we respond to data, so we tested it. There's a narrative that's taken hold since the financial crisis — that the public has simply given up on capitalism, that a decade of scandals and populist politics has turned the average voter against the system outright. We fielded a nationally representative survey of 3,000 people, backed by focus groups, to find out if that was actually true or if something more specific was going on. It turned out to be the latter.
Exec Edge: What did the research actually find?
#edge #Research #turned
28 days ago
On September 15, Arthur J. Gallagher & Co. (NYSE:AJG) announced that it had bought McMillan Insurance & Bonding Inc., an Englewood, Colorado, firm that operates as Innovise Business Consultants. Gallagher did not say what it paid. On its own, the deal is a footnote. But it is one of many, and the way those deals show up in earnings is where the debate over this stock really lives.
On July 30, Gallagher reported results for the quarter ended June 30, and the top line was hard to argue with. Revenue from its combined Brokerage and Risk Management businesses grew 24%, and organic growth, which leaves out acquisitions, was 6%. That second number shows clients are staying and spending. It was not confined to one corner, either, since organic fees in the risk management arm rose 12%. Management adds that retention is strong and customers want broader help from the platform. Adjusted earnings per share climbed to $2.84 from $2.30, which means growth is reaching profit once one-time acquisition costs are set aside.
Innovise fits the pattern. It sells surety bonds and commercial insurance brokerage with a focus on manufacturing, energy, construction and real estate, and Chairman and CEO J. Patrick Gallagher, Jr. said that niche expertise adds depth in Colorado. Jason McMillan's team will move into Gallagher's Denver office and work under Bret VanderVoort, who oversees retail property/casualty brokerage for the Western Zone. Buying specialists and folding them into existing offices is a repeatable playbook, and Gallagher closed 14 brokerage acquisitions in the first six months of 2026.
Now look at reported earnings, because that is where you see the cost. Diluted earnings per share fell to $1.25, from $1.40 in the second quarter of 2025, even though revenue jumped. Much of the gap between reported and adjusted results is the price of buying growth. Amortization of acquired intangibles alone weighs on brokerage net earnings by $218 million, up from $130 million a year ago, and integration costs rose as well. Adjusted figures set those aside, but they are real expenses, and they keep landing as long as Gallagher keeps buying.
Margins tell a similar story. The brokerage segment's adjusted EBITDAC margin, a stand-in for operating profit, slipped to 33.3% from 36.1%. Gallagher points to last year's interest income on cash raised for the ***** uredPartners deal, which closed in the third quarter of 2025, plus seasonality and newly added tuck-ins. That is a fair explanation. But the debt behind the deal is still here, including $9.55 billion of public debt, plus more in private placements and on a credit line. And the deal flow is thinner: brokerage acquisitions closed in the first six months of 2026 carried $107 million of annualized revenue, versus $354 million a year earlier, which puts more weight on organic growth.
#Growth
On July 30, Gallagher reported results for the quarter ended June 30, and the top line was hard to argue with. Revenue from its combined Brokerage and Risk Management businesses grew 24%, and organic growth, which leaves out acquisitions, was 6%. That second number shows clients are staying and spending. It was not confined to one corner, either, since organic fees in the risk management arm rose 12%. Management adds that retention is strong and customers want broader help from the platform. Adjusted earnings per share climbed to $2.84 from $2.30, which means growth is reaching profit once one-time acquisition costs are set aside.
Innovise fits the pattern. It sells surety bonds and commercial insurance brokerage with a focus on manufacturing, energy, construction and real estate, and Chairman and CEO J. Patrick Gallagher, Jr. said that niche expertise adds depth in Colorado. Jason McMillan's team will move into Gallagher's Denver office and work under Bret VanderVoort, who oversees retail property/casualty brokerage for the Western Zone. Buying specialists and folding them into existing offices is a repeatable playbook, and Gallagher closed 14 brokerage acquisitions in the first six months of 2026.
Now look at reported earnings, because that is where you see the cost. Diluted earnings per share fell to $1.25, from $1.40 in the second quarter of 2025, even though revenue jumped. Much of the gap between reported and adjusted results is the price of buying growth. Amortization of acquired intangibles alone weighs on brokerage net earnings by $218 million, up from $130 million a year ago, and integration costs rose as well. Adjusted figures set those aside, but they are real expenses, and they keep landing as long as Gallagher keeps buying.
Margins tell a similar story. The brokerage segment's adjusted EBITDAC margin, a stand-in for operating profit, slipped to 33.3% from 36.1%. Gallagher points to last year's interest income on cash raised for the ***** uredPartners deal, which closed in the third quarter of 2025, plus seasonality and newly added tuck-ins. That is a fair explanation. But the debt behind the deal is still here, including $9.55 billion of public debt, plus more in private placements and on a credit line. And the deal flow is thinner: brokerage acquisitions closed in the first six months of 2026 carried $107 million of annualized revenue, versus $354 million a year earlier, which puts more weight on organic growth.
#Growth
29 days ago
Watch Highlights From the 2025 Palm Beach CorpGov Forum:
CorpGov, IPO Edge and PE Edge will host the sixth annual Palm Beach CorpGov Forum on November 4-5, 2026, at the Palm Beach Lake Pavilion and The Cove Club, both located waterfront with sweeping views of Palm Beach Island, along with a reception at Cucina Palm Beach. The Forum will feature a VC-focused keynote panel on Wednesday evening and a full day of panels on Thursday, with networking events both nights.
Our audience will include approximately 300 attendees including institutional investors, board directors, family offices/HNWIs, attorneys, investment bankers and key advisors. For sponsorship, speaker or media enquiries, email EditorCorpGov.com
The event will be digitized into reports published on CorpGov and by its content partners (under relevant company stock tickers) Yahoo Finance, Bloomberg Terminals, Reuters via LSEG Workspace, and AlphaSense, and filmed with multiple 4K video cameras and professional editing.
Preliminary Agenda
#beach #corpgov #watch
CorpGov, IPO Edge and PE Edge will host the sixth annual Palm Beach CorpGov Forum on November 4-5, 2026, at the Palm Beach Lake Pavilion and The Cove Club, both located waterfront with sweeping views of Palm Beach Island, along with a reception at Cucina Palm Beach. The Forum will feature a VC-focused keynote panel on Wednesday evening and a full day of panels on Thursday, with networking events both nights.
Our audience will include approximately 300 attendees including institutional investors, board directors, family offices/HNWIs, attorneys, investment bankers and key advisors. For sponsorship, speaker or media enquiries, email EditorCorpGov.com
The event will be digitized into reports published on CorpGov and by its content partners (under relevant company stock tickers) Yahoo Finance, Bloomberg Terminals, Reuters via LSEG Workspace, and AlphaSense, and filmed with multiple 4K video cameras and professional editing.
Preliminary Agenda
#beach #corpgov #watch
30 days ago
Parnassus Investments, an investment management company, released the "Parnassus Growth Equity Fund" second-quarter 2026 investor letter. The letter can be downloaded here. During the quarter, the Fund (Investor Shares) returned 17.49% (net of fees), outperforming the Russell 1000 Growth Index's 16.74%. Holdings in Information Technology and Consumer Discretionary sectors boosted relative returns, while Communication Services and Financials holdings detracted. For the year-to-date period, the Fund returned 6.17% (net of fees), outperforming the Russell 1000 Growth's 5.33%. The firm remains constructively bullish on U.S. equities and continues to be selective, valuation-sensitive, and focused on disruptive growth opportunities through active stock selection. Growth stocks advanced during the second quarter, as the Russell 1000 Growth Index generated strong double-digit returns driven by increased confidence in the durability of the ongoing artificial intelligence (AI) infrastructure build-out. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Medline Inc. (NASDAQ:MDLN). Medline Inc. (NASDAQ:MDLN) manufactures med-surg products serving hospitals, surgery centers, physician offices, post-acute facilities, and nursing home sites of care. On September 15, 2026, Medline Inc. (NASDAQ:MDLN) closed at $36.59 per share. Over the past month, Medline Inc. (NASDAQ:MDLN) declined 4.23%, and YTD its shares lost 22.68%. Medline Inc. has a market capitalization of $42.22 billion.
Parnassus Growth Equity Fund stated the following regarding Medline Inc. (NASDAQ:MDLN) in its Q2 2026 investor letter:
"Medline Inc. (NASDAQ:MDLN) shares declined as medical technology stocks broadly came under pressure. The company also faced near term concerns surrounding tariffs and higher transportation costs, though we remain confident in its long-term competitive positioning."
Medline Inc. (NASDAQ:MDLN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held Medline Inc. (NASDAQ:MDLN) at the end of the second quarter which was 65 in the previous quarter. While we acknowledge the potential of Medline Inc. (NASDAQ:MDLN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#medline #NASDAQ #fund #parnassus
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Medline Inc. (NASDAQ:MDLN). Medline Inc. (NASDAQ:MDLN) manufactures med-surg products serving hospitals, surgery centers, physician offices, post-acute facilities, and nursing home sites of care. On September 15, 2026, Medline Inc. (NASDAQ:MDLN) closed at $36.59 per share. Over the past month, Medline Inc. (NASDAQ:MDLN) declined 4.23%, and YTD its shares lost 22.68%. Medline Inc. has a market capitalization of $42.22 billion.
Parnassus Growth Equity Fund stated the following regarding Medline Inc. (NASDAQ:MDLN) in its Q2 2026 investor letter:
"Medline Inc. (NASDAQ:MDLN) shares declined as medical technology stocks broadly came under pressure. The company also faced near term concerns surrounding tariffs and higher transportation costs, though we remain confident in its long-term competitive positioning."
Medline Inc. (NASDAQ:MDLN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held Medline Inc. (NASDAQ:MDLN) at the end of the second quarter which was 65 in the previous quarter. While we acknowledge the potential of Medline Inc. (NASDAQ:MDLN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#medline #NASDAQ #fund #parnassus
30 days ago
Financial infrastructure provider Fin.com has "emerged from stealth" with $20m in seed funding.
In a statement, the New York-based firm said the round was led by venture firm Expa and Uber co-founder Garrett Camp.
Coinbase Ventures, Tenet Fund, Second Sight Ventures, and various sovereign and family offices across the Gulf and Africa, among others, also participated.
Fin.com, co-founded by Nabeel Alamgir and Mustafa Dar, operates a "single orchestration layer" to allow clients to receive, convert, and move money across borders using local payment rails.
The platform also integrates SWIFT messaging, USD virtual accounts, stablecoin settlement, liquidity management, and compliance tools into a single network, the company added.
#expa #camp
In a statement, the New York-based firm said the round was led by venture firm Expa and Uber co-founder Garrett Camp.
Coinbase Ventures, Tenet Fund, Second Sight Ventures, and various sovereign and family offices across the Gulf and Africa, among others, also participated.
Fin.com, co-founded by Nabeel Alamgir and Mustafa Dar, operates a "single orchestration layer" to allow clients to receive, convert, and move money across borders using local payment rails.
The platform also integrates SWIFT messaging, USD virtual accounts, stablecoin settlement, liquidity management, and compliance tools into a single network, the company added.
#expa #camp
1 month ago
A European independent power producer is expanding its ******* et base on the continent. Israel-headquartered Econergy on September 15 said it is entering the French market with a €134-million ($155 million) acquisition of Escofi, a private wind energy platform of about 740 MW.Econergy, which has offices across Europe, said the deal significantly expands the company's European wind ******* et base, bringing its total renewable portfolio to 13 GW. Escofi, founded in 1988, originates, finances, builds, and operates onshore wind projects, with its wind energy portfolio across four development stages: 128 MW in commercial operation, 34 MW under construction, 147 MW in advanced development stage (with building permits and grid connection approvals in place and construction due to commence between 2028 and 2030), and 432 MW in early and mid-stage development.Escofi's portfolio is concentrated in the Hauts-de-France and Grand Est regions of northern France, which officials said have the strongest onshore wind conditions and regulatory environments in the country.
More than 90% of Escofi's operational and under-construction capacity benefits from 20-year contracted revenues under France's Contracts for Difference (CfDs) regime, providing a stable, long-term revenue stream for the portfolio. Escofi in July of this year secured additional CfDs for three more projects totaling 46 MW at prices above €80/MWh ($92/MWh) for 20-year terms, further strengthening the portfolio's contracted revenue base."The acquisition of Escofi is a significant strategic step for Econergy, establishing our presence in France and materially expanding our European wind platform," said Eyal Podhorzer, CEO of Econergy. "Escofi brings us a proven, 37-year-old French onshore wind operator with a high-quality operational fleet and a strong pipeline of projects with 20-year CfD revenues located in the best wind regions in France. Combined with our existing European platform, this gives Econergy a stronger and more geographically diversified base of long-term, contracted cash flows to build on."Escofi's 309 MW of operational, under-construction, and advanced-development projects are expected to generate annual revenues of €59-65 million and EBITDA of €47-53 million on a representative-year basis. By 2030, on completion of the projects under construction and the 147-MW advanced pipeline, Escofi's operational capacity is expected to reach about 300 MW, with project-level EBITDA of about €42–44 million. Escofi's effective ownership across projects stands at about 91%, and the 432-MW early- and mid-stage pipeline provides the platform's long-term growth runway, according to the company.
#econergy
More than 90% of Escofi's operational and under-construction capacity benefits from 20-year contracted revenues under France's Contracts for Difference (CfDs) regime, providing a stable, long-term revenue stream for the portfolio. Escofi in July of this year secured additional CfDs for three more projects totaling 46 MW at prices above €80/MWh ($92/MWh) for 20-year terms, further strengthening the portfolio's contracted revenue base."The acquisition of Escofi is a significant strategic step for Econergy, establishing our presence in France and materially expanding our European wind platform," said Eyal Podhorzer, CEO of Econergy. "Escofi brings us a proven, 37-year-old French onshore wind operator with a high-quality operational fleet and a strong pipeline of projects with 20-year CfD revenues located in the best wind regions in France. Combined with our existing European platform, this gives Econergy a stronger and more geographically diversified base of long-term, contracted cash flows to build on."Escofi's 309 MW of operational, under-construction, and advanced-development projects are expected to generate annual revenues of €59-65 million and EBITDA of €47-53 million on a representative-year basis. By 2030, on completion of the projects under construction and the 147-MW advanced pipeline, Escofi's operational capacity is expected to reach about 300 MW, with project-level EBITDA of about €42–44 million. Escofi's effective ownership across projects stands at about 91%, and the 432-MW early- and mid-stage pipeline provides the platform's long-term growth runway, according to the company.
#econergy
1 month ago
Dallas, Texas-based CBRE Group, Inc. (CBRE) operates as a commercial real estate services and investment company. Valued at $40.8 billion by market cap, the company offers property management, valuation, real estate investment, and advisory services. CBRE operates offices, data centers, multi-family, hotels, gaming, and retail sectors.
Companies worth $10 billion or more are generally described as "large-cap stocks," and CBRE perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the real estate services industry. CBRE dominates commercial real estate through unmatched global scale, deep end-to-end advisory services, and a massive operational footprint that creates powerful data network effects.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#estate
Companies worth $10 billion or more are generally described as "large-cap stocks," and CBRE perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the real estate services industry. CBRE dominates commercial real estate through unmatched global scale, deep end-to-end advisory services, and a massive operational footprint that creates powerful data network effects.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#estate
1 month ago
Dallas, Texas-based CBRE Group, Inc. (CBRE) operates as a commercial real estate services and investment company. Valued at $40.8 billion by market cap, the company offers property management, valuation, real estate investment, and advisory services. CBRE operates offices, data centers, multi-family, hotels, gaming, and retail sectors.
Companies worth $10 billion or more are generally described as "large-cap stocks," and CBRE perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the real estate services industry. CBRE dominates commercial real estate through unmatched global scale, deep end-to-end advisory services, and a massive operational footprint that creates powerful data network effects.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#estate #investment
Companies worth $10 billion or more are generally described as "large-cap stocks," and CBRE perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the real estate services industry. CBRE dominates commercial real estate through unmatched global scale, deep end-to-end advisory services, and a massive operational footprint that creates powerful data network effects.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#estate #investment
1 month ago
Parnassus Investments, an investment management company, released the "Parnassus Growth Equity Fund" second-quarter 2026 investor letter. The letter can be downloaded here. During the quarter, the Fund (Investor Shares) returned 17.49% (net of fees), outperforming the Russell 1000 Growth Index's 16.74%. Holdings in Information Technology and Consumer Discretionary sectors boosted relative returns, while Communication Services and Financials holdings detracted. For the year-to-date period, the Fund returned 6.17% (net of fees), outperforming the Russell 1000 Growth's 5.33%. The firm remains constructively bullish on U.S. equities and continues to be selective, valuation-sensitive, and focused on disruptive growth opportunities through active stock selection. Growth stocks advanced during the second quarter, as the Russell 1000 Growth Index generated strong double-digit returns driven by increased confidence in the durability of the ongoing artificial intelligence (AI) infrastructure build-out. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Medline Inc. (NASDAQ:MDLN). Medline Inc. (NASDAQ:MDLN) manufactures med-surg products serving hospitals, surgery centers, physician offices, post-acute facilities, and nursing home sites of care. On September 15, 2026, Medline Inc. (NASDAQ:MDLN) closed at $36.59 per share. Over the past month, Medline Inc. (NASDAQ:MDLN) declined 4.23%, and YTD its shares lost 22.68%. Medline Inc. has a market capitalization of $42.22 billion.
Parnassus Growth Equity Fund stated the following regarding Medline Inc. (NASDAQ:MDLN) in its Q2 2026 investor letter:
"Medline Inc. (NASDAQ:MDLN) shares declined as medical technology stocks broadly came under pressure. The company also faced near term concerns surrounding tariffs and higher transportation costs, though we remain confident in its long-term competitive positioning."
Medline Inc. (NASDAQ:MDLN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held Medline Inc. (NASDAQ:MDLN) at the end of the second quarter which was 65 in the previous quarter. While we acknowledge the potential of Medline Inc. (NASDAQ:MDLN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#medline #fund
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Medline Inc. (NASDAQ:MDLN). Medline Inc. (NASDAQ:MDLN) manufactures med-surg products serving hospitals, surgery centers, physician offices, post-acute facilities, and nursing home sites of care. On September 15, 2026, Medline Inc. (NASDAQ:MDLN) closed at $36.59 per share. Over the past month, Medline Inc. (NASDAQ:MDLN) declined 4.23%, and YTD its shares lost 22.68%. Medline Inc. has a market capitalization of $42.22 billion.
Parnassus Growth Equity Fund stated the following regarding Medline Inc. (NASDAQ:MDLN) in its Q2 2026 investor letter:
"Medline Inc. (NASDAQ:MDLN) shares declined as medical technology stocks broadly came under pressure. The company also faced near term concerns surrounding tariffs and higher transportation costs, though we remain confident in its long-term competitive positioning."
Medline Inc. (NASDAQ:MDLN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held Medline Inc. (NASDAQ:MDLN) at the end of the second quarter which was 65 in the previous quarter. While we acknowledge the potential of Medline Inc. (NASDAQ:MDLN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#medline #fund
1 month ago
Financial infrastructure provider Fin.com has "emerged from stealth" with $20m in seed funding.
In a statement, the New York-based firm said the round was led by venture firm Expa and Uber co-founder Garrett Camp.
Coinbase Ventures, Tenet Fund, Second Sight Ventures, and various sovereign and family offices across the Gulf and Africa, among others, also participated.
Fin.com, co-founded by Nabeel Alamgir and Mustafa Dar, operates a "single orchestration layer" to allow clients to receive, convert, and move money across borders using local payment rails.
The platform also integrates SWIFT messaging, USD virtual accounts, stablecoin settlement, liquidity management, and compliance tools into a single network, the company added.
#expa
In a statement, the New York-based firm said the round was led by venture firm Expa and Uber co-founder Garrett Camp.
Coinbase Ventures, Tenet Fund, Second Sight Ventures, and various sovereign and family offices across the Gulf and Africa, among others, also participated.
Fin.com, co-founded by Nabeel Alamgir and Mustafa Dar, operates a "single orchestration layer" to allow clients to receive, convert, and move money across borders using local payment rails.
The platform also integrates SWIFT messaging, USD virtual accounts, stablecoin settlement, liquidity management, and compliance tools into a single network, the company added.
#expa
1 month ago
Three and a half years of freight recession did two things to the truck financing market at once. It shredded the credit profiles of the carriers who most needed to borrow. It also pushed a large share of the lenders who would have lent to them out of the sector. Both are now rationing the equipment replacement cycle the industry has spent two years waiting on.
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.
#mitsubishi #back #financing #large
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.
#mitsubishi #back #financing #large
1 month ago
It should surprise exactly no one that players, who were out of eligibility under NCAA rules, going through NFL training camp and filing lawsuits to play college football for another year was the last straw.
A week later, the Protect College Sports Act, dead in the water a month ago, is close to passing the Senate because the chaos finally got to be too much. It is, according to Team Chaos, bad for athletes.
It appears Sen. Thune has enough votes to pass the Protect College Sports Act.
Last night, I contacted many U.S. Senators’ offices to tell them the truth about the bill.
The PCSA is bad for athletes. A lot of money is being spent in an effort to convince people otherwise. pic.twitter.com/tShgI0sp9T
This is what happens when you make everybody despise you.
When your position is that you have to have megaconferences, more ******* ding of revenue by the conferences at the top, a stupid college basketball Thanksgiving week event in Las Vegas backed by all the worst people in existence (the Emiratis and David Ellison chief among them), more private equity backing, more helmet games, unlimited transfers, unlimited tampering with mid-major rosters, unlimited college eligibility and freedom to go back and forth between college and the pros as you please, all so that athletes can maximize their earnings…
#college #protect #sports #people
A week later, the Protect College Sports Act, dead in the water a month ago, is close to passing the Senate because the chaos finally got to be too much. It is, according to Team Chaos, bad for athletes.
It appears Sen. Thune has enough votes to pass the Protect College Sports Act.
Last night, I contacted many U.S. Senators’ offices to tell them the truth about the bill.
The PCSA is bad for athletes. A lot of money is being spent in an effort to convince people otherwise. pic.twitter.com/tShgI0sp9T
This is what happens when you make everybody despise you.
When your position is that you have to have megaconferences, more ******* ding of revenue by the conferences at the top, a stupid college basketball Thanksgiving week event in Las Vegas backed by all the worst people in existence (the Emiratis and David Ellison chief among them), more private equity backing, more helmet games, unlimited transfers, unlimited tampering with mid-major rosters, unlimited college eligibility and freedom to go back and forth between college and the pros as you please, all so that athletes can maximize their earnings…
#college #protect #sports #people
1 month ago
TRM Labs has doubled its valuation to $2 billion as the San Francisco blockchain **** ytics company expands beyond tracking crypto-related crime and moves deeper into artificial intelligence.
The company raised a $70 million Series C round in September at a $1 billion valuation. Six months later, TRM has secured additional funding from existing investors, CEO Esteban Castano told Fortune. He declined to disclose the size of the latest investment, describing it only as "modest."
Castano told the outlet that the company expects annual recurring revenue to reach $100 million in the coming weeks. TRM had about 500 employees as of early September, with offices in London, Singapore and Washington, D.C.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#september #billion #told #labs
The company raised a $70 million Series C round in September at a $1 billion valuation. Six months later, TRM has secured additional funding from existing investors, CEO Esteban Castano told Fortune. He declined to disclose the size of the latest investment, describing it only as "modest."
Castano told the outlet that the company expects annual recurring revenue to reach $100 million in the coming weeks. TRM had about 500 employees as of early September, with offices in London, Singapore and Washington, D.C.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#september #billion #told #labs
1 month ago
Bloomberg reported on August 25, 2026, that BlackRock, Inc. (NYSE:BLK) cut the minimum size for converting large Bitcoin holdings directly into shares of its iShares Bitcoin Trust ETF to $1 million in July, down from $25 million when the in-kind conversion process first became available. The fund has facilitated more than $5 billion of these conversions, up from more than $3 billion when Bloomberg first reported on the trend in October, according to Robbie Mitchnick, BlackRock's head of digital ******* ets. The process, which can take more than a week, lets holders move Bitcoin from private wallets into a regulated fund structure while retaining price exposure. Mitchnick said "kidnappings, ransom demands, and custody failures" motivate some holders to make the switch. Rival issuer Bitwise has cut its own minimum even further, from $100 million to $3 million, Bloomberg reported.
This is a fast-scaling new source of fee-generating ******* ets for BlackRock, Inc. (NYSE:BLK). The $5 billion processed through IBIT is up from $3 billion just months earlier. It shows accelerating adoption of a service that pulls previously self-custodied Bitcoin wealth directly into BlackRock's ******* et base rather than competing for ******* ets already inside the traditional financial system.
Cutting the minimum by 96% meaningfully widens who can use the service. Dropping the threshold from $25 million to $1 million brings the option within reach of family offices and wealthy individual holders, rather than limiting it to the largest Bitcoin holders. That gives BlackRock access to a substantially larger pool of potential conversions as the practice becomes more common.
IBIT's scale gives it a head start in capturing this migration. The fund already holds roughly 3.645% of Bitcoin's total supply and lists net ******* ets of $60.65 billion. It is scale advantage that likely makes it the default destination for holders deciding where to move their coins, reinforcing BlackRock's position as conversions boost industry-wide.
The process remains manual and slow despite the lower headline minimum. Bitwise chief investment officer Matt Hougan said the conversion process industry-wide is "still bespoke, from introducing a client to a market maker to working with the adviser, but it's becoming more standardized," and Mitchnick himself said conversions can take more than a week. That means BlackRock, Inc. (NYSE:BLK) has not yet turned this into a fully automated, scalable pipeline even as it markets lower minimums to a broader audience.
#blackrock #billion #minimum
This is a fast-scaling new source of fee-generating ******* ets for BlackRock, Inc. (NYSE:BLK). The $5 billion processed through IBIT is up from $3 billion just months earlier. It shows accelerating adoption of a service that pulls previously self-custodied Bitcoin wealth directly into BlackRock's ******* et base rather than competing for ******* ets already inside the traditional financial system.
Cutting the minimum by 96% meaningfully widens who can use the service. Dropping the threshold from $25 million to $1 million brings the option within reach of family offices and wealthy individual holders, rather than limiting it to the largest Bitcoin holders. That gives BlackRock access to a substantially larger pool of potential conversions as the practice becomes more common.
IBIT's scale gives it a head start in capturing this migration. The fund already holds roughly 3.645% of Bitcoin's total supply and lists net ******* ets of $60.65 billion. It is scale advantage that likely makes it the default destination for holders deciding where to move their coins, reinforcing BlackRock's position as conversions boost industry-wide.
The process remains manual and slow despite the lower headline minimum. Bitwise chief investment officer Matt Hougan said the conversion process industry-wide is "still bespoke, from introducing a client to a market maker to working with the adviser, but it's becoming more standardized," and Mitchnick himself said conversions can take more than a week. That means BlackRock, Inc. (NYSE:BLK) has not yet turned this into a fully automated, scalable pipeline even as it markets lower minimums to a broader audience.
#blackrock #billion #minimum
1 month ago
Proofpoint, a cybersecurity company owned by private equity firm Thoma Bravo, is in discussions to acquire Varonis, reported Reuters, citing a source familiar with the matter.
Shares in the Nasdaq-listed Varonis, which has a current market capitalisation of approximately $5bn, closed more than 10% higher following the news.
The company, based in Miami, provides cybersecurity services such as data classification for cloud storage systems and employee behaviour tracking. It has a workforce of over 2,400 people across 14 offices worldwide.
In June, reports that Varonis was considering a sale after receiving private equity interest drove its shares up by roughly 30%.
A potential deal between Proofpoint and Varonis would bring together two companies operating in data security.
#proofpoint #company
Shares in the Nasdaq-listed Varonis, which has a current market capitalisation of approximately $5bn, closed more than 10% higher following the news.
The company, based in Miami, provides cybersecurity services such as data classification for cloud storage systems and employee behaviour tracking. It has a workforce of over 2,400 people across 14 offices worldwide.
In June, reports that Varonis was considering a sale after receiving private equity interest drove its shares up by roughly 30%.
A potential deal between Proofpoint and Varonis would bring together two companies operating in data security.
#proofpoint #company
1 month ago
Sequoia Financial Group is expanding its presence in Colorado with the acquisition of BSW Wealth Partners, a registered investment advisor firm with $2.3 billion in client ***** ets and offices in Boulder and Denver. The deal, announced Tuesday, closed on Monday.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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#financial #please #barrons #group
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Welcome to Barron's Advisor! Our articles are free to Barron's subscribers and wealth management professionals. To subscribe to Barron's, click here. If you're a wealth management professional and would like access to the Barron's Advisor experience, please provide the information below.
If you're not a wealth management professional, you can find other great financial content at barrons.com. If you have any questions, please contact us at advisor.editorsbarrons.com.
#financial #please #barrons #group
2 months ago
Aon plc (NYSE:AON) has agreed to acquire USI Insurance Services from KKR and other shareholders for $17 billion in cash, making it one of the largest insurance-brokerage acquisitions in recent years. USI generates roughly $3 billion in annual revenue, has more than 10,500 employees, and operates nearly 200 offices across the U.S.
The strategic focus is clear: Aon wants to significantly strengthen its position in the U.S. middle-market insurance segment, which Aon estimates at more than $40 billion and more than one-third of U.S. commercial P&C premiums. The acquisition also expands Aon's exposure to the excess & surplus (E&S) market, one of the faster-growing parts of commercial insurance. The deal builds on Aon's $13 billion acquisition of NFP in 2024, giving the company another major middle-market platform. Aon expects the USI transaction to generate approximately $395 million of annual run-rate net adjusted EBITDA synergies and become accretive to adjusted EPS in 2028.
The market's initial reaction was negative. Aon shares fell roughly 6% in early trading, reflecting investor concerns about the size of the transaction, leverage, and the time required for the deal to become earnings accretive.
Photo by Scott Graham on Unsplash
The biggest positive is that Aon plc (NYSE:AON) is buying into a large and attractive part of the insurance market. USI gives Aon considerably more scale among middle-market customers, while adding capabilities in employee benefits, P&C, personal risk and retirement services. This could allow Aon to sell more products to existing customers and use USI's relationships to cross-sell Aon's broader services.
#market #middle
The strategic focus is clear: Aon wants to significantly strengthen its position in the U.S. middle-market insurance segment, which Aon estimates at more than $40 billion and more than one-third of U.S. commercial P&C premiums. The acquisition also expands Aon's exposure to the excess & surplus (E&S) market, one of the faster-growing parts of commercial insurance. The deal builds on Aon's $13 billion acquisition of NFP in 2024, giving the company another major middle-market platform. Aon expects the USI transaction to generate approximately $395 million of annual run-rate net adjusted EBITDA synergies and become accretive to adjusted EPS in 2028.
The market's initial reaction was negative. Aon shares fell roughly 6% in early trading, reflecting investor concerns about the size of the transaction, leverage, and the time required for the deal to become earnings accretive.
Photo by Scott Graham on Unsplash
The biggest positive is that Aon plc (NYSE:AON) is buying into a large and attractive part of the insurance market. USI gives Aon considerably more scale among middle-market customers, while adding capabilities in employee benefits, P&C, personal risk and retirement services. This could allow Aon to sell more products to existing customers and use USI's relationships to cross-sell Aon's broader services.
#market #middle
2 months ago
IPO Edge hosted a fireside chat on Aug. 26 at Nasdaq MarketSite with Brittany Kaiser, Chief Executive Officer of Alpha Compute Corp. (Nasdaq: ALP). The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed how the company is building the infrastructure AI runs on with a focus on data privacy, and how its vertically integrated business model is boosting compute revenue.
About Brittany Kaiser
Brittany Kaiser is Chief Executive Officer of Alpha Compute Corp. (Nasdaq: ALP), where she leads strategy in confidential computing, data sovereignty, and AI infrastructure. A globally recognized authority on data rights, digital **** ets, and AI governance, she became a leading voice in the modern privacy movement after serving as a whistleblower in the Cambridge **** ytica scandal.
Kaiser is the author of the international bestseller Targeted and the principal subject of the Emmy- and BAFTA-nominated Netflix documentary The Great Hack. She has advised U.S. congressional committees, governments, and regulators on data ownership, digital **** et policy, and responsible AI, and co-authored legislation shaping the digital economy. A serial entrepreneur and advocate, she is also Co-Founder and President of the Own Your Data Foundation and a sought-after keynote speaker worldwide.
About Alpha Compute Corp (Nasdaq: ALP)
Alpha Compute Corp. (Nasdaq: ALP) is a vertically integrated AI infrastructure company specializing in GPU-as-a-service and AI Confidential Compute. Alpha Compute's mission is to support clients, subsidiaries, and partners across critical sectors including: finance, defense, intelligence, and media with the essential framework for any organization requiring secure, confidential computing environments. For more information, please visit: https://www.alphacompute.a...
Alpha Compute Corp is domiciled in the British Virgin Islands with offices in New York, Los Angeles, Miami, Amsterdam and Toronto. Alpha Compute is a founding partner of the Right2Compute Coalition; more information is available at www.right2compute.com.
#compute #alpha #chief #infrastructure
About Brittany Kaiser
Brittany Kaiser is Chief Executive Officer of Alpha Compute Corp. (Nasdaq: ALP), where she leads strategy in confidential computing, data sovereignty, and AI infrastructure. A globally recognized authority on data rights, digital **** ets, and AI governance, she became a leading voice in the modern privacy movement after serving as a whistleblower in the Cambridge **** ytica scandal.
Kaiser is the author of the international bestseller Targeted and the principal subject of the Emmy- and BAFTA-nominated Netflix documentary The Great Hack. She has advised U.S. congressional committees, governments, and regulators on data ownership, digital **** et policy, and responsible AI, and co-authored legislation shaping the digital economy. A serial entrepreneur and advocate, she is also Co-Founder and President of the Own Your Data Foundation and a sought-after keynote speaker worldwide.
About Alpha Compute Corp (Nasdaq: ALP)
Alpha Compute Corp. (Nasdaq: ALP) is a vertically integrated AI infrastructure company specializing in GPU-as-a-service and AI Confidential Compute. Alpha Compute's mission is to support clients, subsidiaries, and partners across critical sectors including: finance, defense, intelligence, and media with the essential framework for any organization requiring secure, confidential computing environments. For more information, please visit: https://www.alphacompute.a...
Alpha Compute Corp is domiciled in the British Virgin Islands with offices in New York, Los Angeles, Miami, Amsterdam and Toronto. Alpha Compute is a founding partner of the Right2Compute Coalition; more information is available at www.right2compute.com.
#compute #alpha #chief #infrastructure
2 months ago
NFL All-Overpaid team: Zay Flowers, Deshaun Watson headline players with worst contracts originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The NFL is all about value.
As a salary-capped league, front offices only have so much flexibility to work with each season. And while that salary cap has skyrocketed over the years, now at $301.2 million per team for the 2026 season, markets have been dictated by positional value. Superstar quarterbacks and pass rushers come at a premium, running backs have been seeing somewhat of a financial resurgence after years of struggles, while special teams players are usually given whatever is left over.
Like any sports league, however, there are some players who don't provide their franchises the kind of value their significant contracts would indicate, especially compared to their positional peers. Whether due to injuries, poor performance or off-the-field issues, an inflated contract can handicap an NFL team, and there are plenty of them across the league.
Here's a look at The Sporting News' All-Overpaid team entering the 2026 NFL season.
#sporting #players #value
The NFL is all about value.
As a salary-capped league, front offices only have so much flexibility to work with each season. And while that salary cap has skyrocketed over the years, now at $301.2 million per team for the 2026 season, markets have been dictated by positional value. Superstar quarterbacks and pass rushers come at a premium, running backs have been seeing somewhat of a financial resurgence after years of struggles, while special teams players are usually given whatever is left over.
Like any sports league, however, there are some players who don't provide their franchises the kind of value their significant contracts would indicate, especially compared to their positional peers. Whether due to injuries, poor performance or off-the-field issues, an inflated contract can handicap an NFL team, and there are plenty of them across the league.
Here's a look at The Sporting News' All-Overpaid team entering the 2026 NFL season.
#sporting #players #value
2 months ago
Today was deadline day for all 32 NFL teams to get their rosters under the 53-man limit. This is a bittersweet day, as players get called into coaches' offices to hear the best news of their entire lives, or to be told they are out of a job. For the Minnesota Vikings, they are officially at the limit, and we are going to look at the three most surprising roster cuts they made.
First, offensive lineman Walter Rouse was believed to be a lock for the 53-man roster, but in a move that surprised many, he was cut and then traded to the New England Patriots for a late-round pick. Rouse provided the depth this offensive line needed and will not serve as a backup in the AFC East. Speaking of offensive linemen,
Rookie offensive tackle Tristan Leigh played a decent amount of snaps this preseason, totaling over 100 reps at both left and right tackle, showing flashes of main roster ability. Leigh could become a waiver claim for a team in need of some young depth.
Lastly, with the youth this defensive line has right now, it came as a surprise to see Isaiahh Loudermilk get cut. Loudermilk would have brought that veteran presence to that group and could have eaten up some snaps as a rotational piece for this defense. Instead, the youth movement stays on track in Minnesota.
This article originally appeared on Vikings Wire: 3 Most surprising cuts for the Vikings
#cuts
First, offensive lineman Walter Rouse was believed to be a lock for the 53-man roster, but in a move that surprised many, he was cut and then traded to the New England Patriots for a late-round pick. Rouse provided the depth this offensive line needed and will not serve as a backup in the AFC East. Speaking of offensive linemen,
Rookie offensive tackle Tristan Leigh played a decent amount of snaps this preseason, totaling over 100 reps at both left and right tackle, showing flashes of main roster ability. Leigh could become a waiver claim for a team in need of some young depth.
Lastly, with the youth this defensive line has right now, it came as a surprise to see Isaiahh Loudermilk get cut. Loudermilk would have brought that veteran presence to that group and could have eaten up some snaps as a rotational piece for this defense. Instead, the youth movement stays on track in Minnesota.
This article originally appeared on Vikings Wire: 3 Most surprising cuts for the Vikings
#cuts
2 months ago
FC Barcelona is wasting no time and is already going all in for Gabriel Jesus. After the definitive 'no' from Atlético de Madrid for Julián Álvarez, the sporting department has radically changed its target. The departure of Robert Lewandowski has left a huge void in the box, and the Brazilian ***** nal striker is the chosen one to fill the role of the reference No. 9, as reported by Mundo Deportivo.
At 29 years old, the Seleçao forward is not comfortable with his secondary role in London, where fierce competition has limited his playing time. This lack of prominence has led the player to ask to leave the Premier League in search of a project where he can truly feel important.
His desire to wear the Blaugrana shirt is nothing new. Back in his Palmeiras days, before making the leap to Europe in 2016, Gabriel Jesus dreamed of playing at Camp Nou. Now, the striker is putting maximum pressure on the English club so that talks move forward and his arrival in the Catalan capital is finalized as soon as possible.
There was some caution in the club's offices regarding his physical condition due to the serious knee injury he suffered at the start of 2025. However, Barça's medical staff have reviewed all his reports in detail and confirm that the Brazilian is 100% fit and fully recovered to compete at the highest level from day one.
Gabriel Jesus' numbers speak for themselves: 95 goals for Manchester City under Pep Guardiola and more than 30 goals with the Gunners. Gabriel Jesus brings goals, spark, experience in big matches, and that Brazilian street-football flair that can get the Barça fans buzzing.
#time #forward #Barcelona
At 29 years old, the Seleçao forward is not comfortable with his secondary role in London, where fierce competition has limited his playing time. This lack of prominence has led the player to ask to leave the Premier League in search of a project where he can truly feel important.
His desire to wear the Blaugrana shirt is nothing new. Back in his Palmeiras days, before making the leap to Europe in 2016, Gabriel Jesus dreamed of playing at Camp Nou. Now, the striker is putting maximum pressure on the English club so that talks move forward and his arrival in the Catalan capital is finalized as soon as possible.
There was some caution in the club's offices regarding his physical condition due to the serious knee injury he suffered at the start of 2025. However, Barça's medical staff have reviewed all his reports in detail and confirm that the Brazilian is 100% fit and fully recovered to compete at the highest level from day one.
Gabriel Jesus' numbers speak for themselves: 95 goals for Manchester City under Pep Guardiola and more than 30 goals with the Gunners. Gabriel Jesus brings goals, spark, experience in big matches, and that Brazilian street-football flair that can get the Barça fans buzzing.
#time #forward #Barcelona
2 months ago
The Hart Trophy goes to the NHL's most valuable player. Fittingly, the MVP of NHL fans, media and general managers has the same name.
Maybe that's high praise, but Hart Levine's website, PuckPedia, saved the hockey media world two years ago.
For years, NHL fans — and some front offices — relied on CapFriendly for all of their league-wide contract information. It showed the term and value of every contract, along with each team's cap projections and a number of other pieces of key information. It was the go-to resource for anyone wanting to keep track of the numbers, whether for work or recreation.
In the summer of 2024, the Washington Capitals ruined it.
Their intent was to gain a competitive advantage by hiring the folks who ran the site to their hockey operations team. As big as the opportunity was for Jamie, Ryan and Chris Davis, the brothers behind CapFriendly, it threw the rest of the hockey world into a state of frenzy.
#hockey #years #contract
Maybe that's high praise, but Hart Levine's website, PuckPedia, saved the hockey media world two years ago.
For years, NHL fans — and some front offices — relied on CapFriendly for all of their league-wide contract information. It showed the term and value of every contract, along with each team's cap projections and a number of other pieces of key information. It was the go-to resource for anyone wanting to keep track of the numbers, whether for work or recreation.
In the summer of 2024, the Washington Capitals ruined it.
Their intent was to gain a competitive advantage by hiring the folks who ran the site to their hockey operations team. As big as the opportunity was for Jamie, Ryan and Chris Davis, the brothers behind CapFriendly, it threw the rest of the hockey world into a state of frenzy.
#hockey #years #contract
2 months ago
BitGo Holdings (NYSE: $BTGO) has acquired NYDIG's institutional trading business, adding derivatives, financing and structured products to a platform already built around custody, settlement and digital ****** et infrastructure.
The transaction brings about 30 NYDIG employees to BitGo along with roughly 250 institutional client relationships, according to Reuters.
NYDIG's trading unit serves ****** et managers, hedge funds, corporates, family offices and other sophisticated investors across financing, derivatives and capital markets products. Folding that business into BitGo gives the crypto custodian a wider institutional offering that can connect trading and risk management with its regulated custody and settlement stack.
More From Cryptoprowl:
Bernstein Forecasts Bitcoin Will Reach $150,000 By Mid-2027
#institutional #products #custody #settlement
The transaction brings about 30 NYDIG employees to BitGo along with roughly 250 institutional client relationships, according to Reuters.
NYDIG's trading unit serves ****** et managers, hedge funds, corporates, family offices and other sophisticated investors across financing, derivatives and capital markets products. Folding that business into BitGo gives the crypto custodian a wider institutional offering that can connect trading and risk management with its regulated custody and settlement stack.
More From Cryptoprowl:
Bernstein Forecasts Bitcoin Will Reach $150,000 By Mid-2027
#institutional #products #custody #settlement
2 months ago
SÃO PAULO x BOCA JUNIORS-ARGCONMEBOL SUDAMERICANA09/15/2026, at 9:30 PMMORUMBISSÃO PAULO
TICKETSFREE ADMISSION:
As provided in Article 1 of State Law 18,159 of June 27, 2025, "Free access to sporting events held in stadiums, gyms, and similar venues throughout the State is guaranteed for lap children up to 2 (two) years old, not yet having reached their second birthday, when accompanied by a guardian."
To comply with the Law, São Paulo FC will register and wristband lap children under 2 years old at fan service points set up next to ticket offices 1, 3, 4, 5, and 7 and at other strategic points in the Stadium on matchday.
BIOMETRICSThe General Sports Law provides that, as of June 14, 2025, all stadiums with a capacity of more than 20,000 people must adopt a facial recognition system. This rule applies to matches in all competitions, and São Paulo has adopted it in all sections of MorumBIS.THEREFORE, FACIAL REGISTRATION WILL BE MANDATORY TO PURCHASE TICKETS AND ENTER THE STADIUM.Register at: sao-paulo.bepass.com.br
#stadium #points
TICKETSFREE ADMISSION:
As provided in Article 1 of State Law 18,159 of June 27, 2025, "Free access to sporting events held in stadiums, gyms, and similar venues throughout the State is guaranteed for lap children up to 2 (two) years old, not yet having reached their second birthday, when accompanied by a guardian."
To comply with the Law, São Paulo FC will register and wristband lap children under 2 years old at fan service points set up next to ticket offices 1, 3, 4, 5, and 7 and at other strategic points in the Stadium on matchday.
BIOMETRICSThe General Sports Law provides that, as of June 14, 2025, all stadiums with a capacity of more than 20,000 people must adopt a facial recognition system. This rule applies to matches in all competitions, and São Paulo has adopted it in all sections of MorumBIS.THEREFORE, FACIAL REGISTRATION WILL BE MANDATORY TO PURCHASE TICKETS AND ENTER THE STADIUM.Register at: sao-paulo.bepass.com.br
#stadium #points
2 months ago
The Novant Health Performance Center in Uptown is beginning to take shape.
For now, it's hard hats, steel and concrete, but once construction is complete, the site will be the Charlotte Hornets' home off the court.
"This project I could not be more excited about," Dr. Sid Fletcher, Novant Health's senior vice president and president of employer solutions, said. "You're about to see what happens when the vision comes to life."
Channel 9's Miana Massey got a first look of the facility on Friday, where crews are building the ******* es that will become practice courts, training and recovery areas for the Hornets.
Plans call for a 100,000-square-foot practice facility and 35,000-square-feet of team offices.
#novant #hornets #square #Health
For now, it's hard hats, steel and concrete, but once construction is complete, the site will be the Charlotte Hornets' home off the court.
"This project I could not be more excited about," Dr. Sid Fletcher, Novant Health's senior vice president and president of employer solutions, said. "You're about to see what happens when the vision comes to life."
Channel 9's Miana Massey got a first look of the facility on Friday, where crews are building the ******* es that will become practice courts, training and recovery areas for the Hornets.
Plans call for a 100,000-square-foot practice facility and 35,000-square-feet of team offices.
#novant #hornets #square #Health
2 months ago
It's almost time for the real thing: the NFL season is around the corner. But first, the final week of NFL preseason games comes your way starting Thursday.
A total of four games are set for Thursday night, and they will all give teams an opportunity to see how their 53-man rosters may stack up come the roster cutdown deadline on Sunday, Aug. 30 at 6 p.m. ET. Soon, players of all levels of experience will be searching for new NFL homes – or see the end of their NFL dream.
Some positions have already been settled: Deshaun Watson will get the keys as the Cleveland Browns' QB1, coming out on top of the quarterback battle with Shedeur Sanders. It seemingly didn't take much for Kyler Murray to unseat J.J. McCarthy in the Minnesota Vikings quarterback battle, either. Now, all eyes rest on the Atlanta Falcons, who have yet to officially name a starter for Week 1 between Michael Penix Jr. and Tua Tagovailoa.
While there are other roster decisions coming soon, the final week of the preseason may offer some insight on which position battles are settled, and which roster spots need another few days of deliberation from coaching staffs and front offices.
Here's what to know about the preseason Week 3 schedule:
#week #roster #final #settled
A total of four games are set for Thursday night, and they will all give teams an opportunity to see how their 53-man rosters may stack up come the roster cutdown deadline on Sunday, Aug. 30 at 6 p.m. ET. Soon, players of all levels of experience will be searching for new NFL homes – or see the end of their NFL dream.
Some positions have already been settled: Deshaun Watson will get the keys as the Cleveland Browns' QB1, coming out on top of the quarterback battle with Shedeur Sanders. It seemingly didn't take much for Kyler Murray to unseat J.J. McCarthy in the Minnesota Vikings quarterback battle, either. Now, all eyes rest on the Atlanta Falcons, who have yet to officially name a starter for Week 1 between Michael Penix Jr. and Tua Tagovailoa.
While there are other roster decisions coming soon, the final week of the preseason may offer some insight on which position battles are settled, and which roster spots need another few days of deliberation from coaching staffs and front offices.
Here's what to know about the preseason Week 3 schedule:
#week #roster #final #settled
2 months ago
NFL games on TV today: Full schedule, times, channels, live streams to watch preseason Week 3 originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Week 3 of the NFL preseason is here, giving coaches and front offices one last look at what they have before making final roster and depth chart decisions.
While fans shouldn't expect to see many frontline starters in action across this weekend's 16 games, they should get a good look at rookies and motivated veterans trying to lock down jobs.
Things get started Thursday with Bills vs. Steelers, followed by a national streaming showcase for the Browns and Patriots on Prime Video. The Chargers and Rams will face off in a local rivalry matchup, along with Raiders vs. 49ers continuing their long-running series.
Here's everything you need to know to watch today's slate of NFL preseason games.
#here #preferred
Week 3 of the NFL preseason is here, giving coaches and front offices one last look at what they have before making final roster and depth chart decisions.
While fans shouldn't expect to see many frontline starters in action across this weekend's 16 games, they should get a good look at rookies and motivated veterans trying to lock down jobs.
Things get started Thursday with Bills vs. Steelers, followed by a national streaming showcase for the Browns and Patriots on Prime Video. The Chargers and Rams will face off in a local rivalry matchup, along with Raiders vs. 49ers continuing their long-running series.
Here's everything you need to know to watch today's slate of NFL preseason games.
#here #preferred
2 months ago
Collateralized fund obligations have quietly become an important fundraising tool for some of the largest managers of secondaries funds.
Last week, Franklin Templeton got in on the act by raising a $1.5 billion CFO, allowing the ****** et manager to issue tranches of rated debt secured against cash flows generated by a pool of private ****** ets it manages.
Structured Solutions 2026, as the CFO is known, gives investors, including registered investment advisers, family offices and insurance companies, exposure to the returns of a diversified portfolio of private equity fund stakes and continuation funds managed by Franklin Templeton's secondary-investing affiliate, Lexington Partners.
A portfolio of US middle-market loans managed by Benefit Street Partners, a direct-lending subsidiary of the $1.8 trillion ****** et manager, is also included in the CFO, according to a statement.
Franklin Templeton did not respond to further questions.
#private #Portfolio
Last week, Franklin Templeton got in on the act by raising a $1.5 billion CFO, allowing the ****** et manager to issue tranches of rated debt secured against cash flows generated by a pool of private ****** ets it manages.
Structured Solutions 2026, as the CFO is known, gives investors, including registered investment advisers, family offices and insurance companies, exposure to the returns of a diversified portfolio of private equity fund stakes and continuation funds managed by Franklin Templeton's secondary-investing affiliate, Lexington Partners.
A portfolio of US middle-market loans managed by Benefit Street Partners, a direct-lending subsidiary of the $1.8 trillion ****** et manager, is also included in the CFO, according to a statement.
Franklin Templeton did not respond to further questions.
#private #Portfolio
2 months ago
House Minority Leader Hakeem Jeffries, D-N.Y., and President Donald Trump's son-in-law Jared Kushner met in recent weeks and spoke about possible issues of common ground, according to reports, landing the top House Democrat in hot water with some on the political left who have taken issue with the reported get-together.
The men talked about housing, immigration and high living costs as possible categories of common ground, the New York Times reported. Kushner, the husband of Trump's daughter Ivanka, suggested that the lawmaker should meet with White House chief of staff Susie Wiles, two individuals with knowledge of the meet-up noted, according to the outlet.
Fox News Digital reached out to Jeffries' offices and the White House on Monday.
Kushner Gives Hamas Stark Ultimatum: Disarm Or Israel Gets Us Backing To 'Finish The Job'
Founder and CEO of Affinity Partners Jared Kushner attends the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 9, 2026, in Sun Valley, Idaho.
#valley
The men talked about housing, immigration and high living costs as possible categories of common ground, the New York Times reported. Kushner, the husband of Trump's daughter Ivanka, suggested that the lawmaker should meet with White House chief of staff Susie Wiles, two individuals with knowledge of the meet-up noted, according to the outlet.
Fox News Digital reached out to Jeffries' offices and the White House on Monday.
Kushner Gives Hamas Stark Ultimatum: Disarm Or Israel Gets Us Backing To 'Finish The Job'
Founder and CEO of Affinity Partners Jared Kushner attends the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 9, 2026, in Sun Valley, Idaho.
#valley
2 months ago
Despite ever-growing food and fuel prices, an ailing health care system, and violent conflicts in the U.S. and abroad, the far right has decided to continue to wage war on transgender student-athletes. And while politicians debate the topic within our nation's highest offices, many forget about the real human beings who are affected.
When West Virginia House Bill 3293, also known as the Save Women's Sports Act, became law in 2021, Becky Pepper-Jackson, a track-and-field athlete who identifies as trans, and her family challenged the bill in court.
Since then, the battle over whether schools should allow trans student athletes to play on sports teams that align with their gender identity has continued in West Virginia and other red states throughout the nation. On June 30 of this year, the Supreme Court ruled to uphold state bans on transgender girls and women competing in girls' and women's school sports.
"My 16-year-old daughter, Becky Pepper-Jackson, wants what most kids want: to be herself and play the sport she loves with her friends," Becky's mother, Heather Jackson, wrote in an op-ed for USA Today after the ruling. "I always knew that no matter what the court decided, Becky would be a winner because she has shown all of us how to love, accept, and be ourselves no matter the outcome."
Parker Tirrell, a lifelong soccer player, and fellow New Hampshire trans student-athlete Iris Turmelle were the first to challenge President Donald Trump's executive order, Keeping Men Out of Women's Sports, which was signed into law in February of 2025.
#sports
When West Virginia House Bill 3293, also known as the Save Women's Sports Act, became law in 2021, Becky Pepper-Jackson, a track-and-field athlete who identifies as trans, and her family challenged the bill in court.
Since then, the battle over whether schools should allow trans student athletes to play on sports teams that align with their gender identity has continued in West Virginia and other red states throughout the nation. On June 30 of this year, the Supreme Court ruled to uphold state bans on transgender girls and women competing in girls' and women's school sports.
"My 16-year-old daughter, Becky Pepper-Jackson, wants what most kids want: to be herself and play the sport she loves with her friends," Becky's mother, Heather Jackson, wrote in an op-ed for USA Today after the ruling. "I always knew that no matter what the court decided, Becky would be a winner because she has shown all of us how to love, accept, and be ourselves no matter the outcome."
Parker Tirrell, a lifelong soccer player, and fellow New Hampshire trans student-athlete Iris Turmelle were the first to challenge President Donald Trump's executive order, Keeping Men Out of Women's Sports, which was signed into law in February of 2025.
#sports
