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News

citybiz
citybiz.co > article > 901752 > liberty-mutual-elects-thl-co-ceo-scott-sperling-to-board-of-directors

Liberty Mutual Elects THL Co-CEO Scott Sperling to Board of Directors

2+ day, 10+ hour ago   (541+ words) Liberty Mutual Insurance has elected Scott M. Sperling, co-CEO of private equity firm Thomas H. Lee Partners, to its Board of Directors, adding more than four decades of experience in institutional finance, private equity, capital allocation and corporate governance. Sperling has been…...

citybiz
citybiz.co > article > 900807 > mitsubishi-electric-us-names-limor-spector-svp-of-innovation-and-commercialization

Mitsubishi Electric US Names Limor Spector SVP of Innovation and Commercialization

3+ day, 12+ hour ago   (378+ words) Mitsubishi Electric US has appointed Limor Spector senior vice president of Innovation, Ventures & Commercialization, creating a new leadership role to coordinate key innovation organizations across the Americas and accelerate the transition of emerging technologies from research into commercial applications. Spector…...

citybiz
citybiz.co > article > 900536 > consello-names-courtney-adante-head-of-global-risk-practice

Consello Names Courtney Adante Head of Global Risk Practice

3+ day, 16+ hour ago   (498+ words) Consello has appointed Courtney Adante as head of Global Risk, bringing in an experienced risk executive to build out the advisory firm’s capabilities across crisis management, artificial intelligence, cybersecurity, geopolitical disruption and other threats facing corporate leaders. Adante will lead…...

citybiz
citybiz.co > article > 899522 > ionq-raises-2026-revenue-outlook-after-skywater-acquisition-unveils-new-quantum-platform

IonQ Raises 2026 Revenue Outlook After SkyWater Acquisition, Unveils New Quantum Platform

4+ day, 18+ hour ago   (187+ words) IonQ shares gained 5.9% in premarket trading. The company now expects 2026 revenue of $450-$460 million, including contributions from SkyWater. IonQ completed its acquisition of the semiconductor manufacturer on July 31, giving the company greater control over the production of its quantum-computing systems. “Releasing…...

citybiz
citybiz.co > article > 897333 > advisor360-opens-new-york-technology-and-sales-hub-on-fifth-avenue

Advisor360° Opens New York Technology and Sales Hub on Fifth Avenue

1+ week, 4+ day ago   (521+ words) Advisor360° has opened a New York City technology and sales hub at 276 Fifth Avenue, expanding its physical presence in a major financial services market as the wealth management technology company invests in product development, artificial intelligence capabilities and commercial growth. The…...

citybiz
citybiz.co > article > 897033 > constitution-capital-launches-horizon-cit-with-over-50-million-in-assets

Constitution Capital Launches Horizon CIT With Over $50 Million in Assets

1+ week, 4+ day ago   (482+ words) Constitution Capital Partners has launched the Constitution Capital Horizon CIT with more than $50 million in initial assets, giving eligible defined contribution retirement plans a new way to incorporate private equity into professionally managed investment products. Horizon launched across 18 retirement plans,…...

citybiz
citybiz.co > article > 896723 > tidewater-completes-acquisition-of-wilson-sons-ultratug

Tidewater Completes Acquisition of Wilson Sons Ultratug

1+ week, 5+ day ago   (157+ words) Tidewater Inc. has completed its acquisition of Wilson, Sons Ultratug Participações S.A. and affiliate Atlantic Offshore Services S.A., expanding the Houston-based company’s offshore support vessel fleet and presence in Brazil. The transaction closed effective Aug. 31 and adds 22 platform supply vessels,…...

citybiz
citybiz.co > article > 896050 > xylinx-acquires-pivot-business-group-to-expand-financial-advisory-services

Xylinx Acquires Pivot Business Group to Expand Financial Advisory Services

1+ week, 5+ day ago   (500+ words) Xylinx LLC has acquired Pivot Business Group, combining its transaction and financial advisory capabilities with Pivot’s accounting, tax, bookkeeping and fractional CFO services to support privately held businesses across a broader portion of their growth cycle. The transaction brings together…...

citybiz
citybiz.co > article > 894985 > newpower-worldwide-expands-credit-facility-to-750-million-for-global-growth

NewPower Worldwide Expands Credit Facility to $750 Million for Global Growth

2+ week, 3+ day ago   (585+ words) NewPower Worldwide has expanded its committed credit facility to $750 million, increasing the electronic components distributor’s capacity to acquire inventory, support larger customer programs and pursue growth opportunities across the global supply chain. Citizens led the increased credit facility for the…...

citybiz
citybiz.co > article > 894462 > stepstone-raises-1-7-billion-for-infrastructure-secondaries-strategy

StepStone Raises $1.7 Billion for Infrastructure Secondaries Strategy

2+ week, 3+ day ago   (413+ words) StepStone Group has completed fundraising for its first closed-end commingled infrastructure secondaries fund, securing $1.7 billion in total commitments across StepStone Secondaries Infrastructure Fund and related separate accounts as the private markets manager expands its investment capacity in the secondary market....