Lovell Minnick Partners

WisdomTree Floating Rate Treasury Fund (USFR) Celebrates 10-Year Anniversary

Retrieved on: 
Tuesday, March 26, 2024
Professional Services, Finance, Fintech, Asset Management, Consulting, Banking, USFR, TIPS, Capital gain, Lovell Minnick Partners, Prospectus, Fed, Fund, Treasury, Government, ETF, Security (finance)

WisdomTree, Inc. (NYSE: WT), a global financial innovator, today celebrates the ten-year anniversary of the launch of the WisdomTree Floating Rate Treasury Fund (USFR).

Key Points: 
  • WisdomTree, Inc. (NYSE: WT), a global financial innovator, today celebrates the ten-year anniversary of the launch of the WisdomTree Floating Rate Treasury Fund (USFR).
  • We believe it’s one for investors to consider from the current and prospective interest rate landscape.”
    The U.S. Treasury completed its first floating rate auction on January 29, 2014, issuing $15 billion of a note with a two-year stated maturity.1 This was the first new class of issuance by the Treasury since it issued Treasury Inflation-Protected Securities (TIPS)2 in 1997.
  • Provides cost-effective access to newly issued U.S. government floating rate notes
    U.S. Treasury floating rate notes have grown to become an integral aspect for investors’ fixed income portfolios.
  • Securities with floating rates can be less sensitive to interest rate changes than securities with fixed interest rates, but may decline in value.

YieldMax™ ETFs Announces Monthly Distributions on NVDY (101.70%), CONY (74.88%), AIYY (70.25%), AMDY (69.08%), MRNY (66.96%) and Others

Retrieved on: 
Tuesday, March 5, 2024
ARK, NFLX, GOOY, SQ, Investment, Sale, ETF, History, Unitary state, GOOGL, Lovell Minnick Partners, JPM, Capital gain, PYPL, COIN, DIS, AAPL, MSFT, AMZN, XOM, AMD, TSLA, NVDA, TRUST, Funding, Adviser, Risk, MRNA, Prospectus, AI, NAV, Government, MSTR, Trust, Security (finance)

The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs.
  • Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero.
  • If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

Comvest Credit Partners Provides Financing to Billhighway to Support Acquisition Strategy

Retrieved on: 
Tuesday, March 5, 2024
Professional Services, Payments, Data Management, Technology, Software, Finance, Consulting, Lovell Minnick Partners, Acquisition, Partner, CRM, Organization, Funding, LMP, Video game

The Financing will be used to refinance existing debt and support Billhighway’s acquisition of ChapterSpot, a provider of customer relationship management (CRM).

Key Points: 
  • The Financing will be used to refinance existing debt and support Billhighway’s acquisition of ChapterSpot, a provider of customer relationship management (CRM).
  • Founded in 1999, Billhighway provides an integrated software platform that helps multi-chapter member-based organizations improve efficiency through applications that span membership and event management, reporting and analytics, payment processing and invoicing.
  • We look forward to working together in support of Billhighway’s growth,” said Dan Lee, a Partner of Comvest.
  • “Comvest has long track record of supporting high-growth software and payments businesses, and we are excited to partner with the Comvest team in support of Billhighway’s continued growth strategy,” said Trevor Rich, Partner at LMP.

Definiti Appoints Kristin Andreski as Chief Executive Officer

Retrieved on: 
Friday, February 23, 2024
Consulting, Professional Services, Human Resources, Finance, Lovell Minnick Partners, ADP, Growth, Retirement, Organization, LMP, Management

Definiti LLC , a national leader in retirement services, today announced the appointment of Kristin Andreski as Chief Executive Officer, effective immediately.

Key Points: 
  • Definiti LLC , a national leader in retirement services, today announced the appointment of Kristin Andreski as Chief Executive Officer, effective immediately.
  • Ms. Andreski also served as Chief Experience Officer at Innovu, a Pittsburgh-based data analytics firm.
  • Ms. Andreski succeeds Tom Gaillard, who served as Chief Executive Officer of Definiti for the last eight years, scaling the company through successful acquisitions, partnerships and expanding product and service offerings.
  • “I’m thrilled to join Definiti as its next Chief Executive Officer,” said Kristin Andreski.

Liz Nesvold Joins Emigrant Bank as Vice Chair, Emigrant Partners as Chair

Retrieved on: 
Tuesday, February 27, 2024
Lovell Minnick Partners, Acquisition, Mergers & Acquisitions, Woman, Emigrant Bank, Liz, Investment, Bank, Merrill (company), Milstein, Mergers and acquisitions, Growth, Sale, M&A, RIAS, Chair, EP, Partnership, Financial adviser

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Emigrant announced today the appointment of Liz Nesvold as Vice Chair of Emigrant Bank. Ms. Nesvold has served the wealth management industry for over 30 years as a passionate advisor, investment banker, and executive. A proud advocate and mentor for women in financial services, she was described by Mergers & Acquisitions magazine as "the most experienced female investment banker serving the investment management and securities industry," and was recognized with the M&A Advisor's Leadership Award in 2021, in addition to being acknowledged as a Woman to Watch by InvestmentNews in 2019.

Key Points: 
  • NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Emigrant announced today the appointment of Liz Nesvold as Vice Chair of Emigrant Bank.
  • Among its many other businesses, Emigrant owns Emigrant Bank, the largest family-owned and operated banking institution in the nation, as well as Emigrant Partners, a long-term capital and strategic advisory services partner that makes non-voting minority investments into wealth and asset managers.
  • Specifically, in her new roles Ms. Nesvold will partner with John Hart, Vice Chair of Emigrant Bank, responsible for Emigrant's three private trust companies, and with Jenny Souza, President and CEO of Emigrant Partners, where Ms. Nesvold will serve as Chair.
  • In that year, Ms. Nesvold and her partners represented the Bank when it sold HPM Partners (now Cerity Partners) to Lightyear, and followed up that mandate with the sale of EP partner firm, Pathstone, to Lovell Minnick Partners.

YieldMax™ ETFs Announces Monthly Distributions on Fund of Funds ETFs

Retrieved on: 
Wednesday, February 14, 2024
TRUST, Prospectus, Investment, Expense, NAV, ETF, Risk, History, Fund, Lovell Minnick Partners, Capital gain, Security, YMAX, Financial adviser

“Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs.

Key Points: 
  • “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs.
  • The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs.
  • Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero.
  • The repetitive payment of distributions may significantly erode an Underlying YieldMax™ ETF’s NAV and trading price over time, potentially resulting in notable losses for investors (including the Fund).

YieldMax™ ETFs Announces Monthly Distributions on AMDY (87.93%), NFLY (78.50%), NVDY (69.23%), CONY (67.56%), FBY (61.15%) and Others

Retrieved on: 
Tuesday, February 6, 2024
ARK, Prospectus, GOOGL, Risk, Lovell Minnick Partners, NVDA, History, Government, Trust, ETF, MRNA, Investment, AAPL, Unitary state, GOOY, TRUST, AMD, Capital gain, NAV, TSLA, JPM, DIS, SQ, PYPL, COIN, Funding, Sale, Adviser, MSFT, XOM, AMZN, NFLX, Security (finance)

The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • For TSLY, APLY, NVDY, AMZY, FBY, GOOY, NFLY, CONY and SQY, click here .
  • Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero.
  • If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

S&S Health Announces Two New Additions to its Board of Directors, Don Weinstein and Richard Fleder

Retrieved on: 
Tuesday, February 6, 2024
Technology, Insurance, Human Resources, Fintech, Professional Services, Health Insurance, Managed Care, Health, Data Management, Legislative council, M.B.A, HealthNet, Empire, Digital transformation, Digital, LMP, Marshall College, Investment, Mechanical engineering, NAHU, S&S, Advisory Council, CBSC, CIGNA, Lovell Minnick Partners, Drexel University, Rutgers University, Franklin & Marshall College, Oxford Health Plans, Business, UnitedHealth Group

S&S Health (“S&S” or the “Company”), a leading provider of administration and technology solutions for health plans for small and mid-sized businesses, today announced the appointments of Don Weinstein and Richard Fleder to its Board of Directors.

Key Points: 
  • S&S Health (“S&S” or the “Company”), a leading provider of administration and technology solutions for health plans for small and mid-sized businesses, today announced the appointments of Don Weinstein and Richard Fleder to its Board of Directors.
  • “We are pleased to welcome Don and Richard to the Company’s Board,” said Vincent Esposito, CEO of S&S.
  • “Don and Richard provide key product and technology insights and bring significant experience building value across companies in the healthcare benefits and insurance services sectors.
  • Mr. Weinstein holds an M.B.A from the Leonard N. Stern School of Business at New York University, an M.S.

LMP Promotes Spencer Hurst to Principal and Mark Adelman to Vice President of Operations

Retrieved on: 
Tuesday, January 30, 2024
Professional Services, Finance, Keefe, Bruyette & Woods, Growth, Archery, LSQ, Fortis, LMP, Marshall College, Investment, Associate, Lovell Minnick Partners, Middlebury College, HR, Franklin & Marshall College, Business, Security (finance)

Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, announces the promotions of Spencer Hurst to Principal and Mark Adelman to Vice President of Operations.

Key Points: 
  • Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, announces the promotions of Spencer Hurst to Principal and Mark Adelman to Vice President of Operations.
  • “We are thrilled to announce the promotions of Spencer Hurst and Mark Adelman, whose contributions to the Firm have been instrumental to LMP’s continued growth and success,” said Bob Belke, Managing Partner at LMP.
  • Mr. Hurst, most recently a Vice President with the Firm, joined LMP in 2016.
  • Prior to LMP, Mr. Adelman was an Investment Analyst with Hamilton Lane's Fund Investment group, and previously worked at Archer as an Operations Specialist.

John Hancock Investment Management Files Initial Registration Statement for New High Yield ETF Subadvised by Marathon Asset Management

Retrieved on: 
Thursday, February 1, 2024
Partnership, Security (finance), NOT, BANK, Research, FDIC, Moody's Investors Service, NRSRO, Exercise, Marathon Asset Management, Prospectus, Dimensional Fund Advisors, Investment, S&P, ETF, NAV, Communication, Risk, Sale, Lovell Minnick Partners

The new ETF will be subadvised by Marathon Asset Management LP and is subject to all applicable regulatory approvals.

Key Points: 
  • The new ETF will be subadvised by Marathon Asset Management LP and is subject to all applicable regulatory approvals.
  • The ETF will be managed by Louis Hanover, Chief Investment Officer, and Michael Schlembach, Managing Director and Senior Portfolio Manager, Marathon Asset Management.
  • "We are excited to expand Marathon's partnership with John Hancock Investment Management by bringing our US high yield strategy to a broad range of investors with JHHY," said Bruce Richards, CEO and Chairman of Marathon Asset Management.
  • Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management.