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NEW YORK--(BUSINESS WIRE)--First Eagle Investments (“First Eagle”) today announced the transfer of its two active equity exchange-traded funds (ETFs)—First Eagle Global Equity ETF (FEGE) and First Eagle Overseas Equity ETF (FEOE)—from NYSE Arca, Inc. to the New York Stock Exchange LLC (NYSE), effective May 1, 2025. The move is expected to enhance the trading experience for investors in both funds. “By transitioning to the NYSE floor model, the ETFs benefit from both its premier trading technolo...

NEW YORK--(BUSINESS WIRE)--GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $500 million collateralized loan obligation (“CLO”) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 24 (“GLM US CLO 24”), GoldenTree has issued 32 CLOs totaling over $17 billion under its GLM CLO strategy. Since its inception in January 2017, the...

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces April monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the April 2025 Ex-Div Date (4/23/2025)   Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (BTCI) 27...

NEW YORK--(BUSINESS WIRE)--Balbec Capital, LP (“Balbec”), an alternative investment manager with over $16 billion in platform assets, today announced that Balbec Partner and President Peter Troisi has been appointed Chief Executive Officer, succeeding Founding Partner Charles Rusbasan, who will transition to the role of Executive Chairman alongside Chairman Warren Spector. Mr. Troisi joined Balbec at its inception in 2010 and has been a key driver in building out the firm’s investment and capit...

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported financial results for the three months ended March 31, 2025. Financial Highlights (Unaudited) (in millions, except per share data or as noted)   Three Months Ended       Three Months Ended       3/31/2025   3/31/2024   Change   12/31/2024   Change U.S. GAAP Financial Measures                   Revenues $ 217.9     $ 222.0     (2 %)   $ 233.5     (7 %) Operating expenses $ 181.3     $ 189.7     (4 %)  ...

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the first quarter ended March 31, 2025: First Quarter 2025 Financial Highlights: GAAP net income of $36.5 million, or $0.07 per diluted common share(1) Earnings available for distribution of $275.3 million, or $0.52 per diluted common share(1)(2) Common dividend of $132.5 million, or $0.25 per common share Book value per common share of $12.39(1)  ...

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $648 million and adjusted net revenue1 of $643 million for the quarter ended March 31, 2025. On both a U.S. GAAP and an adjusted basis1, Lazard reported first-quarter 2025 net income of $60 million or $0.56 per share, diluted. “First quarter performance was solid in the midst of an uncertain business environment,” said Peter R. Orszag, CEO and Chairman. “Throughout our history, we've maintained an unwavering focus...

LONDEN--(BUSINESS WIRE)--Bregal Milestone, een toonaangevende Europese groeiparticipatiemaatschappij gespecialiseerd in software, kondigt met genoegen aan dat, gezien de aankondiging van haar strategische groei-investering vorige maand in Ridango AS (“Ridango”), de Zweedse internationale leverancier van missiekritieke software voor openbaar vervoer, het bedrijf ook een akkoord heeft bereikt om uTrack Software Solutions (“uTrack”) over te nemen. Het bedrijf uTrack, opgericht in 2011 door Eamonn...

LONDRA--(BUSINESS WIRE)--Bregal Milestone, uno dei principali fondi di private equity europei per lo sviluppo di software è lieta di comunicare che, dopo l'annuncio dato il mese scorso del suo investimento di crescita strategico in Ridango AS ("Ridango"), fornitore globale svedese di software mission-critical per il trasporto pubblico, ha sottoscritto anche un accordo di acquisizione di uTrack Software Solutions ("uTrack"). Fondata nel 2011 da Eamonn Hughes e Conor Gildea, uTrack è un'azienda s...

LONDRES--(BUSINESS WIRE)--Bregal Milestone, une société de capital-investissement de premier plan en matière de croissance des logiciels en Europe, est heureux d’annoncer que, depuis l’annonce de son investissement de croissance stratégique dans le fournisseur mondial suédois de logiciels de transport public critiques Ridango AS (« Ridango ») le mois dernier, il a également accepté d’acquérir uTrack Software Solutions (« uTrack »). Fondé en 2011 par Eamonn Hughes et Conor Gildea, uTrack est une...