Floating Point Closes Second Fund to Invest in Complex Sectors

Floating Point was founded in 2021 by John Loser (L) and Eddie Segel (R), who spent the previous fifteen years working together, first as hedge fund investors at Bridgewater, and then on the founding team of Oscar Health (NYSE:OSCR), where they led product, data, and risk management.

Floating Point Closes Second Fund to Invest in Complex Sectors

Floating Point, an early stage venture capital firm investing in complex sectors, today announced the closing of its $70 million second fund. Floating Point looks deep in overlooked sectors to back expert founders building first of their kind companies. Their portfolio includes category-defining companies such as Altana, Commons Clinic, Sun Day, Floodbase, and Wheeler Bio.

Steward Partners Kicks Off 2024 With Over $1 Billion In New Client Assets

NEW YORK, April 5, 2024 /PRNewswire/ — Steward Partners, a full-service, employee-owned, independent financial services firm, welcomed a fleet of new advisors and teams in the months of January and February, bringing in over $1 billion in assets under management to the firm.

OHA STV Press Release

New York, New York — Oak Hill Advisors (“OHA”) served as the Left Lead Arranger for the private financing of STV Group, Inc. (“STV”), which is partnered with The Pritzker Organization (“TPO”). STV is a leading provider of engineering and consulting services focused on infrastructure and transportation projects across North America.

ADL Final Mile Acquires Sonic Transportation & Logistics

OMAHA, Neb., Feb. 15, 2024 /PRNewswire/ — RD Last Mile Holdings, LLC (“ADL Final Mile”), a final mile delivery company headquartered in Omaha, NE, has acquired the assets of Sonic Systems, Inc. (d/b/a Sonic Transportation & Logistics), a leading provider of customized and final mile logistics services in the state of Florida.