FDIC-run Signature Bridge Bank sells 20% stake in entity holding $9 billion CRE portfolio
(Reuters) – The Federal Deposit Insurance Corporation, as the receiver of the failed Signature Bank, said on Wednesday it has sold a 20% equity stake in the entity that holds a $9…
Rich Products Adds Decadent Dessert Pizza Slices and Parfaits to Individually Wrapped Portfolio for Limited Service Restaurants
(-) Rich Products introduces enticingly indulgent OUR SPECIALTY TREAT SHOP™ Brownie Dessert Pizzas and Parfaits that will satisfy the sweet tooth of Limited Service customers seeking individually wrapped treats. Made with…
Columbia Threadneedle, Mercer warned BoE on gilts
By Carolyn Cohn LONDON (Reuters) -Investment manager Columbia Threadneedle and pension consultants Mercer warned the Bank of England about the impact on pension schemes of recent gilt market moves, they told Reuters…
Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says
MADRID (Reuters) – Spanish power company Iberdrola hired Barclays’ investment bank to sell up to 49% in a portfolio of Spanish renewable power projects, Expansion newspaper reported on Monday, citing unidentified market…
Multi-Unit Jersey Mike’s Subs Franchisees Adds Teriyaki Madness to Their Portfolio
Recognizing the strength of the Seattle-style teriyaki concept and the unmet demand in their community of Connecticut, Ken Schanke and Audrey Poynton are the latest in a long line of multi-brand franchisees…
Rich’s Adds Cauliflower Ciabatta To Parbaked Portfolio, Bringing Fresh-Baked Quality to Your Menu
(PRESS RELEASE) Rich Products expands its comprehensive bread portfolio with the delicious new parbaked Cauliflower Ciabatta Roll, an ideal plant-based option for your sandwich menu. The new roll is part of the…
Burkina Faso military leader takes over defence portfolio in cabinet reshuffle
OUAGADOUGOU (Reuters) – Burkina Faso’s military leader Colonel Paul-Henri Damiba has taken over the defence portfolio in the West African nation struggling with an ongoing Islamist insurgency, a statement read on national…
China debt sees portfolio outflows despite nascent recovery for EM in August – IIF
By Jorgelina do Rosario LONDON (Reuters) – China debt markets lost $7.7 billion in August in a seventh straight month of portfolio outflows, data from the Institute of International Finance (IIF) showed,…
South Africa’s Mr Price expands baby portfolio with standalone stores
JOHANNESBURG (Reuters) – South Africa’s value fashion and homeware retailer Mr Price is testing standalone baby stores, in a push to gain a share of the growing and highly competitive baby care…
New Fully Finished Donut Portfolio From Rich’s Delivers Freshness That Lasts
(PRESS RELEASE) Rich Products introduces a Fully Finished Donut Portfolio with eight irresistible flavors ranging from cake and glazed rings to iced, sprinkled, and filled. Not only is this a great opportunity…
Fed staff sees bond portfolio income turning negative in coming months
(Reuters) – Federal Reserve staff expect the net income from the Fed’s holdings of more than $8 trillion of bonds to “turn negative in coming months,” a readout of the central bank’s…
Tiger Global slashes portfolio amid losses
By Carolina Mandl NEW YORK -Investment firm Tiger Global Management, which lost billions of dollars in this year’s technology meltdown, slashed or completely exited most of its holdings in the second quarter,…
‘Big Short’ fund manager Burry dumps portfolio, buys prison stock
By David Randall NEW YORK – Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the 2008 financial crisis, in the last quarter…
Platinum Partners Portfolio Manager Daniel Small Convicted of Defrauding Bondholders in a Multi-Million Dollar Scheme
Daniel Small, a former portfolio manager for Platinum Partners L.P. (Platinum), was convicted today by a federal jury in Brooklyn on charges of securities fraud and securities fraud conspiracy for his role…
Alpha Bank to sell bad loan portfolio to Hoist Finance
ATHENS – Alpha Bank, one of Greece’s four largest lenders, said on Friday it signed a binding agreement to sell a 400 million euro ($407 million) portfolio of unsecured bad loans to…
Macerich’s A-Quality Portfolio Continues to Draw Large-Format Entertainment Tenants
-Round1 Will Open Two New Locations- SANTA MONICA, Calif., July 12, 2022 — Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top…
Acorn Growth Companies’ Portfolio Company Aerospares 2000 announces its merger with Sentry Aerospace
Aerospares 2000 Limited, an Acorn Growth Company, today announced its merger with Sentry Aerospace Corporation. Tweet this “Sentry is a leader in the aerospace aftermarket with a highly focused stocking strategy, deep…
JP Morgan sees portfolio rebalancing lifting U.S. stocks 7% next week
By Saqib Iqbal Ahmed NEW YORK – U.S. equities could see a 7% move up next week as investors rebalance their portfolios after a brutal first half of the year, J.P. Morgan’s…
Storage Post Self Storage acquires a 2-property self-storage portfolio in the NYC MSA, making their 10th and 11th property acquisitions this year
Storage Post Elizabeth is located at 1189 Magnolia Avenue, Elizabeth, NJ 07201 and Storage Post Perth Amboy is at 900 State Street, Perth Amboy, NJ 08861. The properties are rich with amenities…
Scully Company Enters Boston Market; Expands New England Portfolio
Scully acquired the market rate property from Blackfin Real Estate Investors with the disposition and financing coordinated by Berkadia. The Pennsylvania-based firm intends to modernize select unit interiors, enhance common areas and…
Empire Portfolio Group Opens New Stamford-West Side, CT Orangetheory Fitness Studio
NEW YORK, May 31, 2022 — Empire Portfolio Group (“Empire”), a leading Area Developer and Franchisee of Orangetheory® Fitness, the heart rate-based interval training fitness franchise, announced today it opened a new…
Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multi-Billion Dollar Fraud Scheme
Allianz Global Investors U.S. LLC Also Charged With Securities Fraud, Agrees to Plead Guilty Damian Williams, the United States Attorney for the Southern District of New York, Lisa O. Monaco, the Deputy…
Telefonica turns to Israel’s high-tech to boost consumer portfolio
By Steven Scheer JERUSALEM – Spain’s Telefonica, Europe’s third-largest telecoms company, aims to increase investments in Israel’s high-tech sector this year, including in e-health and other consumer-facing business, a senior official said.…
Pivot Energy Closes $190 Million of Debt and Tax Equity Financing to Support 90 MW Distributed Generation Solar Portfolio
This is the first portfolio of projects Pivot will build, own, and operate since its strategic acquisition by ECP in June 2021. In addition to C&I PPAs, clients include community solar subscriptions…
PLATINUM EQUITY PORTFOLIO COMPANY PARAMOUNT GLOBAL SURFACES ACQUIRES STONE SOURCE
Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring Market LOS ANGELES and MIAMI, April 1, 2022 — Platinum Equity portfolio company Paramount Global Surfaces (“PGS”) announced today…
Prologis launches bid for Blackstone’s 21 billion euros warehouse portfolio – FT
– Prologis Inc, the world’s biggest warehouse owner, has launched a bid to buy Blackstone Inc’s portfolio of logistics properties in what would be the largest ever private real estate deal, the…
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