Capital structure

Camelot Event-Driven Fund Wins Lipper Awards

Retrieved on: 
Friday, March 24, 2023
Risk, RISK, Liquidity risk, Capital structure, Camelot, Index, Operational risk, Credit, Prospectus, California Managed Risk Medical Insurance Board, Investment, Mutual fund, Maritime Security Risk Analysis Model, Chart, FINRA, Transport, Interest rate risk, Fund, Life insurance, Financial adviser

MAUMEE, Ohio, March 24, 2023 (GLOBE NEWSWIRE) -- Camelot Event-Driven Advisors is proud to announce that its Camelot Event-Driven Fund (ticker: EVDIX) has been awarded the prestigious Refinitiv Lipper Fund Award 2023 U.S.A. for the Best Fund Over 5 Years in the category Alternative Event Driven Funds. The Fund has also won the Refinitiv Lipper Fund Award 2023 U.S.A. for the Best Fund Over 3 Years in the category Alternative Event Driven Funds.

Key Points: 
  • Standard and Poor’s chooses member companies for the index based on market size, liquidity and industry group representation.
  • Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund.
  • This and other important information about the fund is contained in the prospectus, which can be obtained by calling 1-800-869-1679.
  • The Camelot Event Driven Fund is Distributed by Arbor Court Capital, LLC member FINRA / SIPC .

Camelot Event-Driven Fund: New Lively Look. Same Positive Performance.

Retrieved on: 
Wednesday, March 8, 2023
Credit, Fund, Prospectus, Operational risk, Camelot, Capital structure, Risk, Marketing, Interest rate risk, California Managed Risk Medical Insurance Board, Maritime Security Risk Analysis Model, Liquidity risk, Financial services, Security (finance)

“As an equity alternative for our institutional clients, we relish that our Fund has been a positive contributor and diversifier for their clients’ portfolios,” reflects Thomas Kirchner, co-portfolio manager.

Key Points: 
  • “As an equity alternative for our institutional clients, we relish that our Fund has been a positive contributor and diversifier for their clients’ portfolios,” reflects Thomas Kirchner, co-portfolio manager.
  • “For the last 19 years, our team’s ability to identify and capitalize on market opportunities, even in difficult times, has demonstrated the benefits of an event-driven approach.
  • With a team of experienced investment professionals and a commitment to delivering strong risk-adjusted returns, Camelot Event-Driven Advisors is dedicated to helping investors achieve their financial goals.
  • The Camelot Event-Driven Fund is Distributed by Arbor Court Capital, LLC member FINRA/SIPC.

Babson College's Center for Women's Entrepreneurial Leadership, in conjunction with Women Business Collaborative and Wells Fargo Launch Series on the Fundamentals of Capital

Retrieved on: 
Tuesday, January 17, 2023
Capital, Babson College, WBC, Interview, Woman, Capital structure, Segment, Entrepreneurial leadership, Wells Fargo, Management

WASHINGTON, Jan. 17, 2023 /PRNewswire/ -- Babson College's Center for Women's Entrepreneurial Leadership, Women Business Collaborative (WBC), and Wells Fargo are thrilled to announce a collaboration that will produce educational resources for women entrepreneurs and businesswomen.

Key Points: 
  • WASHINGTON, Jan. 17, 2023 /PRNewswire/ -- Babson College's Center for Women's Entrepreneurial Leadership, Women Business Collaborative (WBC), and Wells Fargo are thrilled to announce a collaboration that will produce educational resources for women entrepreneurs and businesswomen.
  • The Fundamentals of Capital modules and interviews provide women entrepreneurs and businesswomen with tools to learn about how capital is structured.
  • "Judith Goldkrand, Wells Fargo Commercial Banking National Women's Segment leader, shares, "Wells Fargo is deeply committed to empowering women business owners.
  • We're proud to partner with Women Business Collaborative and Babson College to develop this valuable learning series and help women make informed capital decisions to support their business growth and financial success."

Societal CDMO Completes Strategic Recast of Capital Structure Highlighted by Reduction and Refinancing of Outstanding Debt

Retrieved on: 
Friday, December 16, 2022
NASD, Capital structure, Society, Nature, Security (finance), Sale, Royal Bank of Canada, DEA, Royal Bank, EBITDA, Finance Secretary (India), SOFR, Irisys, Drug Quality and Security Act, Drug discovery, Excipient, IND, CDMO, RBC Capital Markets, COVID-19, Bank, Marketing, Science, Athyrium

SAN DIEGO and GAINESVILLE, Ga., Dec. 16, 2022 (GLOBE NEWSWIRE) -- Societal CDMO, Inc. (“Societal CDMO”; NASD: SCTL), a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges primarily in small molecule therapeutic development, today announced the successful completion of its multi-step strategy designed to recast the company’s capital structure and strengthen its balance sheet. The company has closed three separate transactions, two of which were non-dilutive in nature, generating combined gross proceeds to Societal CDMO in excess of $100 million. The proceeds were immediately used to repay in full and retire the outstanding debt facility with Athyrium Capital Management, LP (Athyrium), removing Athyrium from its capital structure. In the process, the company also secured a new $36.9 million debt facility from Royal Bank of Canada with more favorable terms than those of its previous debt facility with Athyrium. In addition to significantly reducing the company’s total debt, the transactions helped improve the company’s net debt leverage ratio from greater than six times EBITDA to just over two times EBITDA, immediately reducing Societal CDMO’s annual interest burden by an estimated $6 million with the potential to increase that number to approximately $7 million annually.

Key Points: 
  • The company has closed three separate transactions, two of which were non-dilutive in nature, generating combined gross proceeds to Societal CDMO in excess of $100 million.
  • The proceeds were immediately used to repay in full and retire the outstanding debt facility with Athyrium Capital Management, LP (Athyrium), removing Athyrium from its capital structure.
  • In the process, the company also secured a new $36.9 million debt facility from Royal Bank of Canada with more favorable terms than those of its previous debt facility with Athyrium.
  • Upon closing, Societal CDMO entered into a 20-year lease agreement with Tenet Equity, with multiple renewal options.

Astria Therapeutics Reports Third Quarter 2022 Financial Results and Provides a Corporate Update

Retrieved on: 
Thursday, November 10, 2022
Research, FDA, Clinical Trials, Biotechnology, Other Health, Health, Pharmaceutical, Other Science, Science, ACAAI, Capital structure, Review, ATM, Forward-looking statement, Investment, European Academy of Allergy and Clinical Immunology, Plasma kallikrein, Asthma, Food, Hereditary angioedema, FDA, Simulation, Risk, Drug discovery, HAE, Half-life, Therapy, SEC, Annual report, NASDAQ, Goal, Safety, Pharmacy, Time, Pharmacokinetics, Drug, Company, D, Human, Research, Patient, American College of Allergy, Asthma and Immunology, Allergy, COVID-19, Food and Drug Administration Amendments Act of 2007, American College, Pharmaceutical industry, Medical device, Reinsurance, Air cargo, Asteria

Astria Therapeutics, Inc. (NASDAQ:ATXS), a biopharmaceutical company developing STAR-0215 for hereditary angioedema (HAE) and focused on life-changing therapies for rare and niche allergic and immunological diseases, today reported financial results for the third quarter ended September 30, 2022 and provided a corporate update.

Key Points: 
  • Astria Therapeutics, Inc. (NASDAQ:ATXS), a biopharmaceutical company developing STAR-0215 for hereditary angioedema (HAE) and focused on life-changing therapies for rare and niche allergic and immunological diseases, today reported financial results for the third quarter ended September 30, 2022 and provided a corporate update.
  • We are on track to report preliminary results from our Phase 1a trial of STAR-0215 by the end of this year.
  • We believe the results from this trial will validate STAR-0215s differentiated best-in-class profile, said Jill C. Milne, Ph.D., Chief Executive Officer of Astria.
  • The Food and Drug Administration cleared Astrias Investigational New Drug application for STAR-0215 in July 2022.

Camelot Event-Driven Fund Wins Lipper Award

Retrieved on: 
Thursday, April 21, 2022
Camelot, Mutual fund, Maritime Security Risk Analysis Model, LLC, Index, Fund, Transport, Risk management, Chart, Liquidity risk, Prospectus, California Managed Risk Medical Insurance Board, Interest rate risk, Investment, RISK, FINRA, Risk, Operational risk, Capital structure, Life insurance, Insurance, Financial adviser

Standard and Poors chooses member companies for the index based on market size, liquidity and industry group representation.

Key Points: 
  • Standard and Poors chooses member companies for the index based on market size, liquidity and industry group representation.
  • Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund.
  • This and other important information about the fund is contained in the prospectus, which can be obtained by calling 1-800-869-1679.
  • The Camelot Event Driven Fund is Distributed by Arbor Court Capital, LLC member FINRA / SIPC .

Service King Welcomes Peter Hunt as New Chief Financial Officer

Retrieved on: 
Tuesday, January 25, 2022
Corporate title, Service King Collision Repair, Endeavor Air, COO, Continental Airlines, Alaska Airlines, Instagram, View, Industry, Service, Accounting, Environment, CFO, Multimedia, District, Capital structure, Twitter, Alaska Air Group, Management, Hunting, Facebook, Virgin America

As CFO for Service King, Hunt will be responsible for managing all aspects of financial leadership including Accounting, Tax, Financial Planning and Analysis, and Capital Structure.

Key Points: 
  • As CFO for Service King, Hunt will be responsible for managing all aspects of financial leadership including Accounting, Tax, Financial Planning and Analysis, and Capital Structure.
  • "I'm excited to be joining this industry-leading brand and look forward to working with the over 5,000 teammates at Service King," Hunt said.
  • Service King traces its roots back to Dallas, Texas and founder Eddie Lennox who opened the very first Service King in 1976.
  • Today, Service King operates locations in 24 states and the District of Columbia across the U.S.
    For more information and to find a local Service King, visit serviceking.com and follow Service King on Facebook , Instagram and Twitter .

CICC's Dr. Huang Haizhou Receives the 19th Sun Yefang Economic Science Award

Retrieved on: 
Wednesday, January 12, 2022
D.A.V. College Managing Committee, Research, Treasury, LinkedIn, FICC, European Finance Association, Memory, Dick's Picks Volume 22, Social responsibility, University of Oxford, University of the Chinese Academy of Sciences, Sun Yefang, Capital structure, Book, Social science, Columbia University, Nobel Memorial Prize in Economic Sciences, Northeast Project of the Chinese Academy of Social Sciences, CICC, Oxford University Press, United Kingdom, China International Capital Corporation, Film, Bank, Economics

The jury of the Sun Yefang Economic Science Award commended the publication for providing a fresh perspective to understanding the monetary and fiscal policies in major economies.

Key Points: 
  • The jury of the Sun Yefang Economic Science Award commended the publication for providing a fresh perspective to understanding the monetary and fiscal policies in major economies.
  • This paper also won the Pagano/Zechner Best Paper Award of the European Finance Association 2018.
  • The Sun Yefang Economic Science Award, named in memory of the eponymous Chinese economist, is one of the most prestigious awards in the economic field in China.
  • Founded in 1984, the award is given out biennially to honor economists who have made significant contributions.

Allvue Systems Selected by Sancus Capital Management as Software Provider

Retrieved on: 
Wednesday, October 6, 2021
Professional Services, Data Management, Security, Technology, Finance, Software, Capital structure, Compliance, Solution, CLO, Software, Sancus, MWBE, System, Accounting, Program, Growth, Technology, Automation, Research, Company, SEC, Long/short equity, Risk management, Cryptocurrency, Allvue, Sancus Capital Management, ALLVUE, SANCUS CAPITAL MANAGEMENT

Allvue Systems (Allvue), a leading alternative investment technology solutions provider, today announced it was selected by Sancus Capital Management (Sancus) as the software provider for their CLO business.

Key Points: 
  • Allvue Systems (Allvue), a leading alternative investment technology solutions provider, today announced it was selected by Sancus Capital Management (Sancus) as the software provider for their CLO business.
  • Allvue will support Sancus following the launch of their first CLO in June with its front-to-back CLO product suite.
  • These solutions will provide a singular platform that supports Sancus CLO business from portfolio management, trade order management and compliance to investment accounting and loan servicing.
  • Allvue is a leading provider of technology for investment managers in the private capital and credit markets industry.

Source Capital, Inc. Declares Monthly Distributions on Common Stock

Retrieved on: 
Tuesday, May 11, 2021
Banking, Professional services, Finance, Finance, Corporate finance, Money, Financial economics, Stock market, Equity securities, Preferred stock, Capital structure

Such notices are provided for informational purposes only, and should not be used for tax reporting purposes.

Key Points: 
  • Such notices are provided for informational purposes only, and should not be used for tax reporting purposes.
  • In addition, value style investing may fall out of favor and underperform growth or other style investing during given periods.
  • Leverage changes the Fund\xe2\x80\x99s capital structure through the issuance of preferred shares and/or debt, both of which are senior to the common shares in priority of claims.
  • No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210510006018/en/\n'