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The Scion Group and Ares Establish Joint Venture to Acquire $910 Million U.S. Student Housing Portfolio
CHICAGO & NEW YORK--(BUSINESS WIRE)--The Scion Group and Ares announce a joint venture and ~$910M student housing property acquisition....
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Columbia Threadneedle Investments Announces Retirement of Global Chief Investment Officer
BOSTON & LONDON--(BUSINESS WIRE)--Columbia Threadneedle Investments, the global asset management group of Ameriprise Financial (NYSE: AMP), today announced that William Davies, global chief investment officer, has decided to retire after 33 years of distinguished service to the firm and its clients. Mr. Davies’ retirement will be effective on June 30, 2026. William F. "Ted" Truscott, chief executive officer of Columbia Threadneedle, will act as interim global chief investment officer from July...
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Great American Insurance Group Announces the Promotion of Sarthak Nigam to Vice President & Chief Financial Officer of Mid-Continent Group
TULSA, Okla.--(BUSINESS WIRE)--Great American announces the promotion of Sarthak Nigam to Vice President and Chief Financial Officer of its subsidiary, Mid-Continent Group....
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North American Risk Services Appoints Chris Jackson as Director of Quality Assurance and Development
LAKE MARY, Fla.--(BUSINESS WIRE)--North American Risk Services, Inc. (NARS), a leading provider of claims administration and risk management solutions, today announced the appointment of Chris Jackson as Director of Quality Assurance and Development, reporting directly to Chief Executive Officer Robert Ruryk. In his new role, Chris will lead the strategic direction and execution of quality assurance and development initiatives across the organization, focusing on operational consistency, audit...
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Baker Tilly admits 52 new principals
CHICAGO--(BUSINESS WIRE)--Leading advisory, tax and assurance firm Baker Tilly admits 52 new principals effective June 1, reflecting the strength and connectivity of the firm’s talent across markets, services and industries. “This year’s principal class reflects the strength we are building as one firm,” said Baker Tilly CEO Eric Miles. “They bring together diverse perspectives and expertise that are already helping us operate in a more connected way — delivering greater insight for our clients...
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Northern Trust Asset Management Appoints Anne-Sophie van Royen, Ph.D. as Head of Index and Quantitative Strategies
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management, a leading global investment management firm with US$1.4 trillion in assets under management as of March 31, 2026, has appointed Anne-Sophie van Royen, Ph.D. as Head of Index and Quantitative Strategies. In this role, van Royen will lead the strategic direction, commercial development and execution of Northern Trust Asset Management’s index and quantitative investment capabilities across equity, fixed income and multi-asset solutions. As...
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Lessen Integrates with HappyCo to Optimize Multifamily Property Operations and Service Execution
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Lessen, the intelligent operating platform powering end-to-end property services and technology solutions for residential and commercial portfolios, today announced a new integration with HappyCo. The partnership connects HappyCo’s maintenance-first operations platform and inspections workflows with Lessen’s nationwide service execution network, enabling property teams to initiate, manage and track maintenance, repairs and turns within a single system. The in...
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Jupiter Endovascular Announces Positive Results From SPIRARE II Pivotal Trial at EuroPCR 2026
MENLO PARK, Calif.--(BUSINESS WIRE)--Jupiter Endovascular announced positive results from its SPIRARE II pivotal trial at EuroPCR showing the trial met both of its primary endpoints....
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SriLankan Airlines Extends Partnership with PROS to Advance Real-Time Offer Marketing
HOUSTON--(BUSINESS WIRE)--PROS today announced that SriLankan Airlines has renewed its partnership through a six-year agreement effective January 1, 2026, strengthening the airline’s ability to deliver real-time, demand-driven marketing offers and to advance its modern airline retailing and commercial strategy. Through the renewed agreement, SriLankan Airlines will continue to adopt PROS Offer Marketing solutions to modernize its digital shopping and booking experience, improve offer marketing...
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Curtiss-Wright Announces New and Expanded Revolving Credit Facility to Support Future Growth Initiatives
DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it has entered into a new credit agreement with a group of nine banks increasing the size of its revolving credit facility to $1 billion, while also expanding the accordion feature to $500 million. The new replacement credit facility has a five-year term set to mature in May 2031. The prior credit facility which was set to expire in May 2027 has been terminated. “We are pleased to announce the successful...