Author: OurCrowd

[Varo Money in PR Newswire] Varo Bank Welcomes Allen Parker as Chief Financial Officer, Promotes Raktim Mitra to Chief Lending Officer

Mar 19, 2024 |

SAN FRANCISCO, March 19, 2024 /PRNewswire/ — Varo Bank, N.A., the first nationally-chartered consumer techbank in the U.S., is pleased to announce the appointment of Allen Parker as its new Chief Financial Officer. Additionally, Raktim Mitra has been promoted to Chief Lending Officer after helping to build the company’s lending business in his previous role as Head of Lending. Read more...

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[OC 50 PE Index Fund Powered by NewVest in PR Newswire] LV Distribution and NewVest Establish Strategic Partnership to Facilitate Better Access to Private Markets Investing

Mar 19, 2024 |

NEW YORK, March 19, 2024 /PRNewswire/ — LV Distribution, specializing in third-party asset management distribution, proudly announces a groundbreaking partnership with NewVest, the first-of-its-kind platform of index funds for the private markets. NewVest’s unique model passively allocates capital to private funds and is designed to provide investors with broadly diversified and cost-effective “direct” exposure to individual private markets asset classes and emulate the pooled (weighted average) returns of each asset class for a given vintage period. This collaboration marks a transformative moment for LV Distribution as it ventures into the realm of private markets, bringing institutional-quality investment strategies to Registered Investment Advisors (RIAs) and Family Offices. Read more...

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