KKR is evaluating one of the first investments for its recently acquired Arctos platform as the private markets giant advances plans to build a business focused on providing capital to alternative asset managers, according to a report by Bloomberg. Arctos is reportedly considering an investment of at least $250m in insurer Kuvare through preferred equity….
The Texas A&M Forest Service launched an insurance program this week to provide liability protection for qualified certified and insured prescribed burn managers (CIPBMs). The Texas Prescribed Burn Manager Insurance Program was created in response to a recent House Bill establishing a temporary self-insurance pool for CIPBMs. Prescribed burning, also known as a control burn,…
The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company’s CEO after its earnings miss this week. Russ Savage now controls more than 12 million shares of Celsius, he told CNBC. Celsius markets its energy drinks to athletes and health-conscious consumers and…
PHILADELPHIA, PENNSYLVANIA – JULY 18: Craig Kimbrel #31 of the Philadelphia Phillies has water and gum poured on him after the game against the Milwaukee Brewers at Citizens Bank Park on July 18, 2023 in Philadelphia, Pennsylvania. The Phillies defeated the Brewers 4-3. (Photo by Mitchell Leff/Getty Images) Getty Images The Philadelphia Phillies might have…