FIG

FIG Names Damien Reid as Partner and Managing Director

Retrieved on: 
Thursday, May 2, 2024
Account, Amber, Duracell, NFL, FIG, FCB, Anas, Budweiser, BBDO, Justine, Creativity, Dick's Sporting Goods, Clio, Partner

NEW YORK, May 2, 2024 /PRNewswire/ -- FIG, an independent creative agency, today named Damien Reid as Partner and Managing Director for the agency. Damien will focus on leading client relationships and will join the agency's executive team. He will report to Partner and CEO Judith Carr-Rodriguez.

Key Points: 
  • NEW YORK, May 2, 2024 /PRNewswire/ -- FIG , an independent creative agency, today named Damien Reid as Partner and Managing Director for the agency.
  • Damien will focus on leading client relationships and will join the agency's executive team.
  • "We are thrilled to welcome Damien to the team," said Judith Carr-Rodriguez, Partner and CEO of FIG.
  • Damien will spearhead all client relationships as well as leading the Account teams at FIG, working closely with Justine, Amber and Frederick Stallings, Partner and Chief Data Officer.

Ibexis Life & Annuity Insurance Company Launches FIA Product Enhancements

Retrieved on: 
Monday, April 8, 2024
Professional Services, Technology, Insurance, Finance, Artificial Intelligence, Personal Finance, Bank of America, FIA, ADR, Life, Bank, Policy, Organization, Marketing, AM Best, AMS, HSBC, Retirement, FIG, IAMS, DMI

Ibexis Life & Annuity Insurance Company® (“Ibexis”) today announced multiple enhancements to its FIA Plus™ fixed indexed annuity series offered in the independent marketing organization (“IMO”) sales channel.

Key Points: 
  • Ibexis Life & Annuity Insurance Company® (“Ibexis”) today announced multiple enhancements to its FIA Plus™ fixed indexed annuity series offered in the independent marketing organization (“IMO”) sales channel.
  • The FIA Plus™ is an accumulation focused fixed indexed annuity, which now includes a Bonus Rider, Bailout feature and annual declared rate option (“ADR”).
  • The FIA Plus™ continues to offer crediting strategies linked to two unique proprietary indexes from Bank of America, HSBC, and the S&P 500®.
  • We are proud to offer these enhancements to give clients additional ways to save for retirement,” said Nate Gemmiti, CEO & President of Ibexis.

Unum Care Hub will help employers provide support for top leave and disability drivers

Retrieved on: 
Wednesday, March 13, 2024
Cariloop, FIG, Digital, Collection, Mental health, Chronic pain, UNM, Nursing

The launch of Unum Care Hub responds to the evolving needs of employers within the benefits landscape, allowing them to provide their employees with access to specialized solutions from a single, user-friendly platform.

Key Points: 
  • The launch of Unum Care Hub responds to the evolving needs of employers within the benefits landscape, allowing them to provide their employees with access to specialized solutions from a single, user-friendly platform.
  • Unum Care Hub will offer resources that support mental health, caregiving, maternity, digestive health, and chronic pain.
  • With flexible, digital, evidence-based solutions and live, licensed-expert support, Unum Care Hub offers access to curated services that provide specialized care through best-in-class partners that drive measurable impact on workforce wellbeing.
  • Unum Care Hub is part of Unum's broader portfolio of employer solutions for leave and care.

MJC Partners Expands its Financial Institutions Expertise and Team with the Hiring of Eric M. Corrigan

Retrieved on: 
Monday, February 26, 2024
Professional Services, Blockchain, Technology, Finance, Asset Management, Fintech, Banking, Regional bank, Senior, Eric, FIG, Growth, Community Bank, FBR

MJC Partners (“MJC”), a boutique investment bank with proven expertise and focus on the financial institutions, financial technology, and blockchain sectors, recently announced the addition of new Managing Director, Eric M. Corrigan.

Key Points: 
  • MJC Partners (“MJC”), a boutique investment bank with proven expertise and focus on the financial institutions, financial technology, and blockchain sectors, recently announced the addition of new Managing Director, Eric M. Corrigan.
  • Mr. Corrigan joins MJC Partners with an investment banking career spanning over 30+ years of experience and has worked on capital markets and strategic transactions totaling over $75 billion of value.
  • “I am tremendously excited to join MJC Partners and build upon the firm’s impressive track record,” said Eric.
  • “Combined, the team has decades of experience advising depository institutions of all sizes across a myriad of economic cycles and I’m committed to advancing the firm’s 'client first' motto.

Tech-Enabled Private Credit Asset Manager Liquidity Group Strengthens Ties with Institutional Investors with Senior Hires

Retrieved on: 
Thursday, February 15, 2024
MUFG, FIG, Head, Entrepreneurship, Cryptocurrency

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Liquidity Group, the global $2.5B AUM asset manager specializing in growth-stage private credit, added three executives to lead its newly formed Financial Institutions Group (FIG).

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Liquidity Group, the global $2.5B AUM asset manager specializing in growth-stage private credit, added three executives to lead its newly formed Financial Institutions Group (FIG).
  • Reggie Mills, Robert Amato and Sonia Peterson now hold roles as Head of FIG; Head of FIG, North America; and Head of FIG, Europe respectively.
  • The three senior hires will strengthen existing ties with Liquidity's institutional investors, which include MUFG and Apollo, while also developing new LP relationships.
  • We are ready to partner with other top tier institutions seeking a tech enhanced asset manager."

Tech-Enabled Private Credit Asset Manager Liquidity Group Strengthens Ties with Institutional Investors with Senior Hires

Retrieved on: 
Thursday, February 15, 2024
MUFG, FIG, Head, Entrepreneurship, Cryptocurrency

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Liquidity Group, the global $2.5B AUM asset manager specializing in growth-stage private credit, added three executives to lead its newly formed Financial Institutions Group (FIG).

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Liquidity Group, the global $2.5B AUM asset manager specializing in growth-stage private credit, added three executives to lead its newly formed Financial Institutions Group (FIG).
  • Reggie Mills, Robert Amato and Sonia Peterson now hold roles as Head of FIG; Head of FIG, North America; and Head of FIG, Europe respectively.
  • The three senior hires will strengthen existing ties with Liquidity's institutional investors, which include MUFG and Apollo, while also developing new LP relationships.
  • We are ready to partner with other top tier institutions seeking a tech enhanced asset manager."

Business First Bancshares, Inc. Announces Acquisition of Waterstone LSP, LLC

Retrieved on: 
Thursday, February 1, 2024
PLLC, SBA, American City Business Journals, FIG, Alston & Bird, Small business, LLP, Business

BATON ROUGE, La., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (Nasdaq: BFST), the holding company for b1BANK announced today the signing of a definitive agreement to acquire Waterstone LSP, LLC (Waterstone).

Key Points: 
  • BATON ROUGE, La., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (Nasdaq: BFST), the holding company for b1BANK announced today the signing of a definitive agreement to acquire Waterstone LSP, LLC (Waterstone).
  • Waterstone was founded in 2012 by Mark Danford and Anthony Parrino to work hand-in-hand with community banks and small business owners to implement and manage the U.S. Small Business Administration’s (SBA) loan programs.
  • Waterstone will operate as a subsidiary of b1BANK and will report through Chief Administrative Officer, Jerry Vascocu.
  • Alston & Bird, LLP acted as legal advisor to b1BANK, while Brunini, Grantham, Grower & Hewes, PLLC advised Waterstone.

Publication of a transparency notification received from Fortress Investment Group LLC (Article 14 §1 of the Law of 2 May 2007)

Retrieved on: 
Wednesday, December 20, 2023
Partnership, Fortress Investment Group, FIG, Investment, FIP, Architecture

FIP II UB Investments LP, a Delaware limited partnership (“FIP II”), holds 50% of the membership interests in CFIP.

Key Points: 
  • FIP II UB Investments LP, a Delaware limited partnership (“FIP II”), holds 50% of the membership interests in CFIP.
  • FIP Fund II GP LLC, a Delaware limited liability company (“FIP II GP”), is the general partner of FIP II.
  • FIG LLC, a Delaware limited liability company (“FIG LLC”), indirectly controls the investment advisers to certain investment funds that hold membership interests in CFIP.
  • Fortress Investment Group LLC, a Delaware limited liability company (“Fortress”), is the sole owner of FIG Corp and has no controlling shareholder.

Publication of a transparency notification received from Fortress Investment Group LLC (Article 14 §1 of the Law of 2 May 2007)

Retrieved on: 
Tuesday, November 21, 2023
Partnership, Fortress Investment Group, FIG, Investment, FIP, Architecture

FIP II UB Investments LP, a Delaware limited partnership (“FIP II”), holds 50% of the membership interests in CFIP.

Key Points: 
  • FIP II UB Investments LP, a Delaware limited partnership (“FIP II”), holds 50% of the membership interests in CFIP.
  • FIP Fund II GP LLC, a Delaware limited liability company (“FIP II GP”), is the general partner of FIP II.
  • FIG LLC, a Delaware limited liability company (“FIG LLC”), indirectly controls the investment advisers to certain investment funds that hold membership interests in CFIP.
  • Fortress Investment Group LLC, a Delaware limited liability company (“Fortress”), is the sole owner of FIG Corp and has no controlling shareholder.

J.C. Flowers Completes $125-Million Equity Investment in Capital Funding Bancorp, Inc.

Retrieved on: 
Wednesday, December 20, 2023
Oliver Cromwell, Partnership, Bank, HUD, PNC, FIG, Sullivan & Cromwell, Flower, CFG, Growth, J.C. Flowers & Co., National bank, National Bank of Canada, Creativity

NEW YORK, Dec. 20, 2023 /PRNewswire/ -- J.C. Flowers & Co. LLC ("J.C. Flowers" or "the Firm"), a leading private investment firm dedicated to investing globally in the financial services industry, announced today it has closed its investment with Capital Funding Bancorp, Inc. ("CFG" or "the Company"), the holding company for CFG Bank, a top-performing Baltimore-based bank that provides financing and banking solutions to the national healthcare and multifamily industries. J.C. Flowers has initially made a $125-million, all-primary equity investment into the Company, which can increase to as much as $165 million over the next five years, for a minority interest in the Company. In conjunction with the closing, Louis Vachon and Tom Harding of J.C. Flowers will join the board of directors of the Company and CFG Bank.

Key Points: 
  • J.C.
  • Flowers has initially made a $125-million, all-primary equity investment into the Company, which can increase to as much as $165 million over the next five years, for a minority interest in the Company.
  • Flowers will join the board of directors of the Company and CFG Bank.
  • Flowers.