Investment banks
Goldman Sachs, a prominent investment bank, has increased its Apple price target to $276, predicting a potential upside of 25% for the stock. This projection is based on the bank's expectation that Apple's investments in hardware and AI will drive revenue growth in 2025 and 2026.
Corporate directors
Pierfranco Malpenga, an experienced finance professional with over 25 years of experience, has been appointed to the Board of Directors of Forsys Metals Corp. effective immediately. Malpenga's background in finance, including stints at Mediobanca and Goldman Sachs, will bring valuable knowledge and experience to the company as it
Investment banks
Paul, Weiss, Rifkind, Wharton & Garrison LLP has advised Resolute Holdings I, LP, and its affiliates on the acquisition of a majority interest in CompoSecure, Inc., a leading provider of metal payment cards, security, and authentication solutions. This significant transaction marks the first investment by Resolute, a firm led by
Financial markets
Firm Capital Mortgage Investment Corp. has successfully completed a bought deal public offering of 1,950,000 common shares at a price of $11.30 per share, raising gross proceeds of $22,035,000. The offering was led by TD Securities Inc. and CIBC Capital Markets, with additional support from
Bank of New York Mellon Corp.
Rimes, a leading provider of enterprise data management-as-a-service and investment platform solutions, has announced the appointment of Erik Beck as President and Chief Revenue Officer (CRO). Based in New York, Beck will lead the company's North America business and global client-facing organization. With extensive industry experience, Beck joins
Banking industry
Texas Capital Bancshares, Inc., the parent company of Texas Capital, has launched its Texas Capital Direct Lending (TCDL) platform, focused on providing non-bank private capital to the middle market. The platform will be part of Texas Capital's Corporate & Investment Bank and will enable clients and prospects to
Banking industry
Texas Capital Bank, a full-service financial services firm based in Texas, has announced the launch of its inaugural Direct Lending Fund, aimed at providing non-bank private capital to the middle market. The fund will be led by Tim Laczkowski, a seasoned debt and equity investing expert with over 20 years
Investment banks
Sidley Austin, a leading international law firm, represented Stanley Capital Partners (SCP), a specialist healthcare and resource efficiency private equity investor, in its strategic majority investment in SePRO Corporation, a leading specialty environmental restoration company. The investment was made in partnership with Goldman Sachs Alternatives as a minority co-investor, aiming
Financial markets
Firm Capital Mortgage Investment Corporation has announced a bought deal public offering of 1,770,000 common shares at a price of $11.30 per share, with gross proceeds of $20,001,000. The Corporation has also granted an over-allotment option to purchase up to 265,500 additional shares at
Financial services
Woori Investment and Securities, the result of a 10-year journey, officially launched its operations on Thursday, marking a significant milestone for the mid-sized securities firm. With a capital base of around 1.1 trillion won ($806 million) and a ranking of 18th in the industry, the firm aims to become
Financial markets
Firm Capital Mortgage Investment Corporation, a leading non-bank lender, has entered into an agreement with a syndicate of underwriters to sell 1,770,000 common shares at a price of $11.30 per share, raising $20.001 million in gross proceeds. The Corporation plans to use the net proceeds to
Investment banks
The creator economy has revolutionized the way content creators collaborate with brands to foster consumer awareness and loyalty, generating a lucrative platform for creative expression and income generation. At the forefront of this movement is Karlos Naidas, CEO of content aggregator platform PIXEL by Eplayment, who believes that the growth
