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Asset Management
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Amid AI Disruption and Retention Risk Concerns, Financial Benefits Drive Employee Engagement, Morgan Stanley Survey Finds

NEW YORK--(BUSINESS WIRE)--Morgan Stanley at Work today issued new data from its sixth annual State of the Workplace Financial Benefits Study. The research reveals workplace financial benefits are a powerful driver of employee satisfaction, engagement and retention, especially as a tighter job market, AI disruption and rising costs influence expectations for employer support. Financial stress remains a persistent challenge, fueling demand for practical planning guidance and help in maximizing e...
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First Eagle Active ETF Platform Surpasses $3 Billion in Assets Less than 18 Months after Launch

NEW YORK NEW YORK--(BUSINESS WIRE)--First Eagle Investments’ actively managed ETF platform has exceeded $3 billion in assets under management (AUM) as of May 12th, 2026, less than 18 months after its launch, underscoring accelerating investor adoption of active equity ETFs. Year-to-date inflows, led by global strategies, have already matched full-year 2025 totals in less than half the time, as investors increasingly turn to active, valuation-driven strategies amid elevated market concentration...
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CresAlta Marks Debut with Launch of Two Active ETFs

DENVER--(BUSINESS WIRE)--CresAlta Investment Management, Inc. (“CresAlta”), a new affiliate of AMG National Trust, today establishes itself with the launch of the CresAlta Global Dividend ETF (NYSE Arca: CVGD) and the CresAlta Small and Mid-Cap ETF (NYSE Arca: CVSM) alongside the firm’s six separately managed account strategies (SMAs). The two actively managed exchange-traded funds (ETFs) and SMAs are designed to provide investors, advisors, and family offices with active investment strategies...
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Comstock Welcomes The Back Nine Golf to The Row at Reston Station

RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced the signing of a 4,500-square-foot lease of retail space at 1860 Reston Row Plaza with The Back Nine Golf, who will be bringing its indoor golf concept to The Row at Reston Station. The Back Nine Golf is as a place for golf lovers to gather, play, and learn that pr...
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NEXT Investors Invests in Transient.AI Series A to Advance AI Innovation in Regulated Capital Markets

NEW YORK--(BUSINESS WIRE)--NEXT Investors Invests in Transient.AI Series A to Advance AI Innovation in Regulated Capital Markets...
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VanEck Marks 20 Years of GDX and Two Decades of ETF Leadership

NEW YORK--(BUSINESS WIRE)--GDX turns 20; remains a cornerstone of VanEck’s ETF lineup, which spans emerging markets, commodities, thematic, income, digital assets and more....
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Chris Connelly Joins Evercore as Senior Managing Director in the Industrials Investment Banking Group

NEW YORK--(BUSINESS WIRE)--Evercore announced today that Chris Connelly has joined the firm as a senior managing director in its New York-based industrials investment banking group. He will support the continued investment in Evercore's business services efforts, bringing extensive expertise across the commercial, industrial, and technical services industries. “We are excited to welcome Chris to Evercore,” said Jason Sobol, co-head of U.S. investment banking. “Expanding our business services ca...
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Adams Outdoor Advertising Expands Into Upstate South Carolina With Additional Acquisition From McWhorter Media Group

LANSING, Mich.--(BUSINESS WIRE)--Adams Outdoor Advertising acquires 30 billboards from McWhorter Media, expanding its OOH footprint across Upstate South Carolina and the Aiken market....
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Private Equity Firm David Group Launched by Stella Cohen With Raanan Agus as Chairman to Invest In and Scale Mature Israeli Businesses

HERZLIYA, Israel--(BUSINESS WIRE)--David Group Capital Management Ltd (“David Group” or the “Firm”), a private equity firm focused on investing in and scaling mature Israeli and Israel-related businesses, today announced its launch, founded by Stella Cohen, with Raanan Agus as Chairman and top-tier international and Israeli finance, defense and industry leaders. David Group has secured significant capital prior to its launch. Stella Cohen, the Firm’s Managing Partner, brings more than 20 years...
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Metropolitan Commercial Bank Launches Its West Coast Expansion

NEW YORK--(BUSINESS WIRE)--Metropolitan Commercial Bank (“MCB” or the “Bank”) today announced its West Coast expansion with the appointment of Robert Hasler as Senior Vice President and Managing Director of Specialty Deposits. Based in the Western United States, Mr. Hasler will lead the continued growth of the Bank’s specialty deposit business throughout key Western markets. “Expanding our presence across the Western U.S. represents an important strategic milestone for Metropolitan Commercial B...