Ares Management Corporation enters into agreement to acquire Crescent Point Capital

Michael Arougheti, Chief Executive Officer and President of Ares

Ares Management Corporation announced yesterday that Ares has entered into a definitive agreement to acquire 100% of Crescent Point Capital, a leading Asia-focused private equity firm with approximately $3.8 billion of assets under management, as of March 31, 2023. Founded in 2003, CPC has approximately 50 professionals. The team is headquartered in Singapore and has […]

Alliant Energy Board welcomes Ignacio A. Cortina to its Board of Directors

Ignacio A. Cortina, Board of Directors, Alliant Energy

Alliant Energy Corporation yesterday announced that its Board of Directors has appointed Ignacio A. Cortina as a new independent director, effective July 14, 2023. Cortina, 51, boasts more than 27 years of experience in the industrial, legal and manufacturing sectors where he has held prominent leadership positions in global legal services, ethics and compliance, environmental […]

Acurex Biosciences welcomes Dr. Robert Booth to its Board of Directors

Acurex Biosciences Corporation, a biopharmaceutical company with a mission to stop neurodegeneration before it begins, announces the appointment of renowned biopharmaceutical industry leader Dr. Robert Booth to its Board of Directors. Dr. Booth, distinguished for his invaluable contributions to the biopharmaceutical industry, brings over 30 years of experience in drug discovery, development, and executive leadership. […]

Silvergate Capital Corporation intents to wind down operations, liquidates Silvergate Bank

Silvergate Capital Corporation, the holding company for Silvergate Bank, recently announced its intent to wind down operations and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes. In light of recent industry and regulatory developments, Silvergate believes that an orderly wind down of Bank operations and a voluntary liquidation […]

Permian Resources Corporation unveils public offering of Class A common stock

Permian Resources Corporation recently announced the commencement of an underwritten public offering of an aggregate 27,500,000 shares of its Class A common stock, par value USD 0.0001 per share (“Class A common stock”) by certain affiliates of NGP Energy Capital (the “NGP Stockholders”) and certain affiliates of Riverstone Investment Group LLC. Permian Resources will not […]

SA to enter the top 5 global markets for ManageEngine

ManageEngine, the enterprise IT management division of Zoho Corporation, today announced that the Kingdom of Saudi Arabia (SA) is poised to enter the top five biggest markets worldwide for the company within the next three years. Already its biggest market in the Middle East and North Africa (MENA) region, ManageEngine Saudi registered a 40 percent […]