Vericity Stockholders to Receive $11.43 per Share in Cash CHICAGO – Vericity, Inc. (“Vericity”) (NASDAQ: VERY) announced today that iA American Holdings, Inc., a subsidiary of iA Financial Corporation, Inc. (collectively, “iA”) (TSE: IAG) has completed its acquisition of Vericity in an all-cash transaction valued at approximately $170 million. Under the terms of the definitive merger agreement that was entered into by the parties on … Continue reading iA Financial Group Completes $170 million Acquisition of Vericity

Private Credit Platform Organized into Direct Lending and Securitized Credit Specializations NEW YORK – ORIX Corporation USA (ORIX USA), announced today the appointment of Nik Singhal as Managing Director and Group Head of Direct Lending within its Private Credit business. Mr. Singhal is based in New York and will report to Jeff Abrams, Group Head of Private Credit and Real Estate and Member, Executive Committee. Mr. Singhal … Continue reading Nik Singhal Joins ORIX USA as Group Head of Direct Lending

MIAMI – H.I.G. Capital (“H.I.G.” or “the Firm”), a leading global alternative asset management firm with $64 billion of capital under management, is pleased to announce the closing of H.I.G. Infrastructure Partners (the “Fund”). The Fund closed with aggregate capital commitments of approximately $1.3 billion.1 “We greatly appreciate the strong support from our investors for our Infrastructure strategy. Their confidence in our investment approach to … Continue reading H.I.G. Capital Raises $1.3 Billion for Infrastructure Fund

NEW YORK – MoneyLion (“MoneyLion”) (NYSE: ML), a financial technology ecosystem leader empowering everyone to make their best financial decisions, today announced the appointment of Jon Kaplan as the company’s first Chief Revenue Officer (“CRO”). Kaplan brings a wealth of experience and a proven track record of driving growth and innovation at iconic technology companies, including Pinterest (NYSE: PINS) and Google (NASDAQ: GOOG). “I am thrilled to join … Continue reading MoneyLion Appoints Veteran Pinterest and Google Leader Jon Kaplan as Chief Revenue Officer

NORTH PALM BEACH, Fla. – Certuity announced today that Scott Welch has joined the firm as Chief Investment Officer. Mr. Welch brings more than 25 years of investment experience to his role, most recently as a member of the WisdomTree Asset Allocation and Investment Committees and Chief Investment Officer of their model portfolios. “I am honored to join a firm that is so dedicated to providing … Continue reading Certuity Names Scott Welch as Chief Investment Officer

Sandbox Industries and Forgepoint Capital led round to fuel market expansion and continued innovations in AI-powered payouts. MCLEAN, Va. – Verituity, a leading provider of intelligent, verified payouts solutions, announced the successful close of an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital with the participation of Ardent Venture Partners and MTech Capital. Chris Zock, Managing Partner and Co-CEO of Sandbox Industries, … Continue reading Verituity Raises $18.8M to Accelerate its B2B and B2C Verified Payout Platform