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Articles tagged "InvestmentNews"


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Rudy Adolf is known as a genius-level financial engineer and he may be on the verge of proving it

Maybe only Hollywood stands between Rudy Adolf and a $320-million golden parachute | FutureProof has a bit of SALT glitz | New wave of robo-advisors includes participants like Adam Nash, Kevin Durant and Barry Ritholtz

Josh Brown's FutureProof is a big tent party; Roll-up pioneer/Focus CEO engineers soft landing; The dream of the absentee-owner robo-advisor never dies to VC investors -- even if retail investors do nothing to lead them on

August 10, 2023 at 2:29 AM

John French delivered the news this morning to cut staff.

InvestmentNews slashes up to 21 full- and part-time staff ahead of Key Media takeover of struggling publication -- leaving employees to scramble with no notice or severance

The London-based owner of the U.S.B2B publication informed staff at 9 a.m. today, with top editor Paul Curcio part of the exodus.

June 27, 2023 at 10:19 PM

Mike Shipley has the "goal of being the largest independent B2B information provider globally."

InvestmentNews gets booted to another overseas owner with scant financial publishing roots but Key Media's past 20 years are rooted in success, only paid $4.1 million and may find ample fat to cut

The original March deal was worth about $8.4 million including the removal of a $1.9-million lease obligation but IN owner walks away now with just $4.1 million and an unspecified lease obligation

May 25, 2023 at 2:55 AM

A prospective buyer's willingness to accept a lease obligation in Manhattan might be the deal clincher

InvestmentNews fortunes sink after buyer 'materially lowers' its $6.5-million bid, but new mystery buyer steps up with $4.1-million offer, including hefty lease deal, Bonhill says

The London, UK owner decribes the buyer as a U.S. media company proposing an all-cash deal that will assume a $1.9-million lease obligation in Manhattan

March 28, 2023 at 1:40 AM

Patrick Ponsford: [The] UK deal is a bit further on than the US, but both should complete early in the New Year.

InvestmentNews owner accepts $8 million deal for non-IN assets overseas and will (likely) name buyer for the New York City trade pub after Christmas

The ex-Crain publication will likely begin the third chapter of its existence in the New Year, while Bonhill faces an uncertain future.

December 21, 2022 at 3:17 AM

Headwinds and a rocking boat in late 2022 force RIA players to seek their balance.

Biz Briefs: Envestnet's sweet terms net $575 million after seeking $350 million ~ Ron Rhoades fights for right to write by tweet ~ InvestmentNews is packaged for sale ~ Chuck Schwab pays for red wave

Bill Crager is pulling out the stops and purse strings; Western Kentucky isn't all basketball; Charles 'Chuck' Schwab plunks more cash on GOP, and Sallie Krawcheck stumps for the Dems.

November 19, 2022 at 1:44 AM

Patrick Ponsford:  A UK media business buying a big legacy US asset was a huge gamble and one that didn’t pay off.

InvestmentNews is again for sale as 'huge gamble' bleeds more cash in 2022 than owners projected and doesn't 'pay off,' exec says

The New York City newsweekly was acquired by Bonhill for $27 million; now the market cap of the whole company is $5 million to 6 million after a rough transition from Crain

October 20, 2022 at 2:11 AM

Bonhill CEO Simon Stilwell

Simon Stilwell's grand plan to turn InvestmentNews into a live events juggernaut was one dive too deep for the 'wild swimmer;' he exited today amid continuing turmoil

UK Parent Bonhill PLC tersely announced Stilwell's departure 'with immediate effect' and stalled its latest earnings report, causing shares to plummet.

April 8, 2022 at 1:51 AM

John French took off on a cruise as his company takes on the 'chaotic short-term problem' of no editor or publisher.

The British parent of InvestmentNews got a $2.4 million federal taxpayer bailout to weather the pandemic crash and has been freed from paying back the money under a COVID relief program

Bonhill Group PLC called 2020 its most challenging year in its history and reported that 2021 won't be much better as COVID batters business strategy

February 11, 2022 at 3:46 AM

Christine Shaw:  It's a very difficult emotional decision and it's 100% a lifestyle change.

InvestmentNews Publisher Christine Shaw departs on heels of top editor, leaving turn-around ace John French to pick up the pieces, but sale off the table, he says

Media consultant says the publication is 'a little chaotic,' but vows to shore up the masthead and keep the New York City brand intact.

November 12, 2021 at 5:25 AM

John French is named U.S. chairman of the board for Bonhill Group and he is known for making hard-choice changes.

InvestmentNews brings in 'turn-around specialist,' and a 'chief revenue officer,' following pandemic battering; then top editor and two reporters jump ship

InvestmentNews is adding people on the business side and losing veterans on the editorial side after suffering staggering COVID hit to live events, and its publisher calls modus operandi changes 'permanent.'

October 26, 2021 at 2:27 AM

Matt Ackermann wanted out of InvestmentNews and approached the owner of an $8 billion LPL OSJ with a job concept.

Matt Ackermann, last of Crain braintrust, leaves InvestmentNews as events-oriented parent, Bonhill Group PLC, sees stock plummet 88%

The director of content joins big Boston-based LPL OSJ for a similar role but one where he can use a 'rifle' rather than a shotgun, he says

October 20, 2020 at 4:10 AM

Megan Carpenter: 'The rules of the game have changed.'

COVID-19 crushes RIA conference schedule; 100 gatherings are in jeopardy along with the bottom lines of publications and organizations

Pershing INSITE is the latest biggie to cancel and firms are all over the map about when it'll be 'safe' for more than 10 people to gather at any one time.

April 14, 2020 at 5:58 AM

Fred Gabriel has a familiar job lined up.

Crain poaches Fred Gabriel, who anchored InvestmentNews' editorial while they owned it, making it a clean sweep for new owners Bonhill Financial

Seeking Alpha Editor George Moriarty will step into editor's shoes; Gabriel will stay through November, before becoming publisher and executive editor at Crain's New York

November 1, 2019 at 2:39 AM

Mark Bruno is looking for a 'next chapter' and says his interest lies in 'the business that supports financial advice.'

Mark Bruno, the 'glue' behind InvestmentNews, and sales strategist Julie Parten make it a clean sweep, ending the Crain era with their departures

New publisher and CEO Christine Shaw has enlisted Bruno to stay for three months to learn the ropes and rebuild IN's entire sales force

August 21, 2019 at 4:30 AM

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