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Retirement Industry People Moves plansponsor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plansponsor.com Daily Mail and Mail on Sunday newspapers.
Ascensus Expands Employee Benefits Administration and Compliance Capabilities with Agreement to Acquire UnifyHR prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Philadelphia (PRWEB) May 20, 2021 The University of Pennsylvania(“the University,” “Penn”) is delighted to announce a new anonymous gift of $5 million in ....
Penn receives $5m cryptocurrency gift, largest in University’s history The landmark commitment will support the growth of programs within the Stevens Center for Innovation in Finance at the Wharton School. The University of Pennsylvania is delighted to announce a new anonymous gift of $5 million in the form of Bitcoin the largest cryptocurrency gift the University has ever received. Facilitated by NYDIG, an industry leader in providing Bitcoin technology and financial services, the landmark commitment will support the growth of programs within the Stevens Center for Innovation in Finance at the Wharton School. “As the nature of philanthropy continues to evolve, Penn stands at the forefront of innovative ways to make a difference in the world,” said Penn President Amy Gutmann. “I am deeply grateful for this creative and groundbreaking gift to support the important work of the Stevens Center. At the Center, the intersection of finance a ....
GIC, Stone Point to acquire US retirement services firm Ascensus REUTERS/Anshuman Daga April 28, 2021 Singapore’s sovereign wealth fund GIC has partnered with American private equity firm Stone Point Capital to acquire Ascensus, the largest independent retirement and college savings services provider in the US, according to an announcement. The partners have agreed to acquire Ascensus for an undisclosed amount from a PE consortium led by Genstar Capital, Aquiline Capital Partners, and Atlas Merchant Capital. Genstar and Aquiline will maintain a minority stake in Ascensus following the acquisition. The agreement comes more than two years after GIC teamed up with Atlas Merchant Capital to acquire under a 25% stake in Ascensus, which claims to have helped more than 12 million Americans save for retirement, education, and healthcare, from Genstar Capital and Aquiline Capital Partners. ....