AXS Investments, a New York City-based asset manager, has added a new exchange-traded fund (ETF) to its fund lineup with the introduction of AXS Real Estate Income ETF (RINC). The RINC ETF marks the launch of the AXS partnership with Gapstow Capital Partners, which...
KSL Capital Partners LLC, a Denver-headquartered investor in travel and leisure businesses, has announced that it will acquire all of the outstanding common shares of Hersha Hospitality Trust (NYSE:HT) for $10.00 per share in an all-cash transaction valued at...
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired First Centennial Mortgage, an Illinois-based privately held residential mortgage lender focused on the Midwest markets. First Centennial Mortgage was founded by brothers Steven and David McCormick in...
Bayview Asset Management has announced the creation of an insurance asset management business. The new division will be led by Chief Investment Officer Nancy Mueller Handal, who previously served as the head of private fixed income and alternatives at MetLife, where...
Two leading agricultural and rural-area lending cooperatives, Farm Credit of New Mexico and American AgCredit Farm Credit, announced they were merging effective Oct. 1. “This merger makes us a better partner for our customers,” said Curt Hudnutt, CEO of...
