NYC Tech-Focused Brokerage Elegran Expands by Hiring Six New Industry-Leading Team Members

Elegran, an independently-owned, technology-driven real estate brokerage specializing in residential sales and leasing in New York City, announced the promotion of two team members and the addition of six new agents. As part of an effort to expand the firm’s foothold in the NYC market, Elegran is promoting Jared Antin, formerly sales manager, to director of sales. He will be responsible for analyzing operations and processes to generate data-driven efficiencies surrounding the firm’s industry-leading sales...

Spectrum Equity Announces 2020 Promotions

Spectrum Equity, a leading growth equity firm focused on the information economy, is pleased to announce six promotions. John Connolly and Leah Palmer have been promoted to Managing Director, Carolina Picazo to Chief Administrative Officer, Cameron Ghorbani to Vice President and Jamie Mitchell and Sam Todd to Senior Associate. These professionals have significantly advanced Spectrum’s investment, portfolio and firm capabilities. Spectrum is proud to recognize their accomplishments and looks forward to their continued contributions. John Connolly to Managing DirectorJohn joined Spectrum in 2009 and focuses...

BGC Partners Completes Acquisition of Ed Broking Group Limited

BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC” or the “Company”), a leading global brokerage and financial technology company, today announced that it has completed the acquisition of Ed Broking Group Limited (“Ed”), an independent Lloyd’s of London insurance broker with a strong reputation across Accident and Health, Aerospace, Cargo, Energy, Financial and Political Risks, Marine, Professional and Executive Risk, Property and Casualty, Specialty and Reinsurance. Shaun D. Lynn, President of BGC Partners, commented on today’s announcement: “We...

Brazilian Fintech REBEL Raises Series A Preferred Equity Financing

Funding was led by XP Asset Management and Point Break Capital, along with existing investors monashees+ and JMallucelli REBEL Tecnologia e Correspondente Bancário Ltda (“REBEL”), a leading Brazilian fintech startup with a focus on online credit for the middle class, has just announced a Series A investment round of $4 million USD. The round was led by XP Asset Management, an affiliate of XP Group, Point Break Capital, and existing investors monashees+ and JMalucelli, with additional participation from...

Ping An’s 9M18 operating profit attributable to shareholders of parent company rose 19.5%, Life VNB growth rate improved in Q3

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318; SSE: 601318) today announced its results for the nine months ended September 30, 2018. In the first nine months of 2018, Ping An achieved an operating profit attributable to shareholders of the parent company of RMB85,637 million, up 19.5% year on year. Net profit attributable to shareholders of the parent company rose 19.7% year on year to RMB79,397 million although the net profit growth...

ARIVE Announces New Broker Ecosystem

A Comprehensive Marketplace for Independent Mortgage Brokers ARIVE, LLC. is pleased to announce the upcoming launch of their innovative new ecosystem for independent mortgage brokers, allowing them to leverage their personal connections and local knowledge to serve borrowers in a whole new way. Designed to fill the real-world needs of independent brokers, ARIVE will offer a seamless experience to unite lenders, borrowers, and third-party vendors. Brokers will be able to check pricing, lock rates, upload...

Ed Plummer Joins OC&C Strategy Consulting

New partner brings deep experience in due diligence and value creation for software companies and their investors OC&C Strategy Consultants, a leading global strategy consulting firm, today announced that Ed Plummer has rejoined the company as a partner in its Private Equity and TMT practice. Plummer has extensive experience in both B2B information and software, and often works at the intersection of enterprise application software and information services, for clients whose customers span a range of industry...

MassMutual Ventures Launches USD 50 Million Fund for Investments in Southeast Asia

Widening its investment reach, MassMutual Ventures (MMV) announced today the establishment of a USD 50 million fund – MassMutual Ventures Southeast Asia (MMV SEA) – which will make investments in 10 to 15 startup companies throughout the region over the next three years. MMV SEA, based in Singapore, is targeting Series A and Series B round investments in digital health, fintech, insurtech and enterprise software. MMV SEA’s funding is being provided through the general investment account of parent...

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