archiveBanking & Financial Services

Funds

Dechert Expands its Fund Formation Practice in London with Addition of Sam Kay

LONDON, July 3, 2023 /PRNewswire/ -- Dechert LLP announced today that Sam Kay, one of the leading private equity fund lawyers in the UK, has joined the firm as a partner in the financial services and investment management practice in London. With over 25 years of experience advising on investment funds, Mr. Kay specializes in fund formation work for a wide range of private equity firms across a broad range of investment strategies, including leveraged buyouts, venture capital, real estate, infrastructure, energy and transition funds, and for asset management clients...
Investing

The United Mexican States Announces Pricing of its New Notes and Purchase Prices for its Tender Offer

MEXICO CITY, April 20, 2023 /PRNewswire/ -- New Notes Offering The United Mexican States ("Mexico") announced today that it priced a global offering (the "New Notes Offering") of U.S.$2,941,388,000 aggregate principal amount of its 6.338% Global Notes due 2053 (the "New Notes").  The aggregate principal amount of New Notes includes approximately U.S.$1,591,388,000 of New Notes intended to fund the purchase of tenders in the concurrent tender offer described below, and the amount of New Notes issued may be adjusted based on final acceptances in the tender offer. The closing of...
Investing

Ranger Investment Management Awarded U.S. Micro-Cap Growth Equity Mandate From Spanish Wealth Manager Orienta Capital

DALLAS, March 20, 2023 /PRNewswire/ -- Ranger Investment Management, L.P. (Ranger Investments), an employee-owned boutique investment manager specializing in small- and micro-cap U.S. growth strategies, has been selected by Orienta Capital, a Spanish wealth advisory firm, to manage a micro-cap growth portfolio within its new Acimut North American Managers FI Fund. Ranger Investments is one of four U.S. asset managers awarded mandates from Orienta Capital, whose team made the hiring decision after researching and visiting more than 200 investment boutiques specializing in U.S. equities. Ranger Investments' micro-cap growth strategy was...
Finance

Stessa Surpasses $100 Billion in Assets Tracked, Launches Stessa Pro

With 800,000 units now being tracked, Stessa's momentum grows with a new suite of advanced features for real estate investors OAKLAND, Calif., March 9, 2023 /PRNewswire/ -- Stessa, a Roofstock subsidiary and leading software solution to help landlords optimize and better manage their rental property portfolios, has surpassed $100 billion in total asset value tracked on the platform with over 190,000 investors using Stessa to manage more than 800,000 units. As the robust finance platform continues to grow, exceeding $1 billion in assets added each month, Stessa will now offer...
Stock Market

The TEL-AVIV STOCK EXCHANGE (TASE) announces its financial statements results for Q3 2022

An increase across all of the TASE's key performance indicators; adjusted EBITDA exceeded NIS 30 million and recorded a growth of over 30% compared to the same quarter last year 15% growth in revenues in the third quarter, amounting to NIS 86 million, compared to revenues of NIS 75 million in the same quarter last year. 34% growth in adjusted EBITDA in the third quarter, amounting to NIS 30.5 million, compared to revenues of NIS 22.8 million in the same quarter last year The adjusted profit in the third quarter...
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