United Nations Sustainable Stock Exchanges I

Arch Capital | July 15, 2020

Arch Capital Group is expecting somewhere between $205 million and $225 million in pre-tax catastrophe losses across its property casualty insurance and reinsurance segments for the second quarter. The approximation is net of reinsurance recoveries and reinstatement premiums, and spans a range of estimates for exposure to COVID-19 global pandemic claims as well as for losses related to civil unrest claims in the US and other catastrophic events in the period....

INVESTMENTS

Wealthbox | March 10, 2022

Wealthbox, a leading CRM software platform for financial advisors, announced today that Frontier Growth, a growth equity firm focused on fast-growing software businesses, has taken a minority stake in the company with a $31M equity investment. Founded by serial entrepreneurs John Rourke and Dan Ferranti, Wealthbox is a purpose-built CRM technology for financial advisors at wealth management firms and broker-dealers to track client relationships, collaborate as a team, and streamli...

Reuters | March 30, 2020

U.S. energy producers face the threat that banks will slash their credit as March’s crash in oil prices means the asset backing their main loan facility - crude reserves - is worth less than half of what it was a month ago. The oil price collapse has crushed U.S. energy companies, sending valuations spiralling and squeezing financing options, as they face a likely 20% drop in worldwide oil demand in coming quarters due to the coronavirus pandemic. U.S. crude prices have dropped to about $2...

FUNDING

Pivotal Capital, Axis Auto Finance, Mitsubishi HC Capital Canada | July 08, 2022

Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a fintech lender servicing the alternative auto finance market, announced today that its wholly owned subsidiary, Pivotal Capital Corp. (“Pivotal”) has secured an additional Funding Facility (the “Facility”) with Mitsubishi HC Capital Canada, Inc. (“MHCCA”). Pivotal is an independent Canadian commercial equipment finance company active across the transportation...