BOSTON, Massachusetts, July 12 -- Boston Mayor Michelle Wu issued the following news on July 11, 2024: Today, Mayor Michelle Wu and the Community Engagement Cabinet announced the 40 recipients of a $100,000 investment in youth sports programming serving BPS students through the Mayor's Youth Sports Grant. The Youth Sports Grant was first announced this spring and is an extension of the mayor's efforts to expand athletic opportunities available to Boston Public School (BPS) students and deepen   more

BOSTON, Massachusetts, July 12 (TNSres) -- The city of Boston issued the following news: * * * The results of our recent Youth Quality Feedback Survey confirmed the impact BCYF has had on generation's of Boston's youth and families and has been known before only through individual stories. * * * Boston Centers for Youth & Families (BCYF) serves Boston youth and families in every neighborhood by providing opportunities for residents to thrive through programming, connection to resources, and   more

BOSTON, Massachusetts, July 12 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release on July 10, 2024: * * * JLL Capital Markets led the sales efforts for the two assisted living/memory care facilities in Troy and Rochester Hills, Michigan * * * JLL Capital Markets announced today that it has arranged the sale of Anthology of Troy and Anthology of Rochester Hills, two seniors housing communities totalling 184 units in the Detroit metropolit  more

CAMBRIDGE, Massachusetts, July 12 (TNSres) -- G.E. Vernova, an energy company, issued the following news release: GE Vernova Inc. (NYSE: GEV) is scheduled to release its second quarter 2024 financial results on Wednesday, July 24, 2024, before market open. GE Vernova CEO Scott Strazik and GE Vernova CFO Ken Parks will discuss the company's financial results in a webcast at 7:30 AM ET, which can be accessed at https://www.gevernova.com/investors/events/ge-vernova-2nd-quarter-2024-earnings-webc  more

BOSTON, Massachusetts, July 12 -- Gov. Maura Healey, D-Massachusetts, issued the following news release on July 11, 2024: The Healey-Driscoll Administration today announced the allocation of $6.7 million in American Rescue Plan Act (ARPA) funds to enhance outreach and case-management services aimed at eradicating veteran homelessness in Massachusetts. This funding is for the Housing Outreach-to-Placement Effort (HOPE) campaign, an initiative under the broader $20 million End Veteran Homelessnes  more

BOSTON, Massachusetts, July 11 -- Carlyle Group posted the following news release on July 10, 2024: Manulife Investment Management (Manulife IM) announced today the closing of approximately US$810 million in commitments to Manulife Private Equity Partners II, L.P. (the Fund). The Fund is the second private equity fund of funds raised by Manulife IM as part of its ongoing effort to provide specialized solutions for investors seeking greater exposure to opportunities in a growing private equity m  more

BOSTON, Massachusetts, July 12 -- The Massachusetts Department of Environmental Protection issued the following news release: The Massachusetts Department of Environmental Protection (MassDEP) assessed an $11,722 penalty against Harbor Fuel Oil Corporation, a Nantucket-based fuel oil provider, for failing to obtain an air quality permit before building a tank farm that has the potential to emit air contaminants above MassDEP's air quality permitting thresholds. The Harbor Fuel facility began c  more

BOSTON, Massachusetts, July 12 -- The Massachusetts Bay Transportation Authority issued the following news on July 11, 2024: * * * In the coming weeks, Narcan will be available to the public at Quincy Center, Ashmont, Andrew, South Station, and Harvard. * * * The MBTA today announced the installation of cabinets to support a Public Access Naloxone (Narcan) Pilot on the Red Line. In the coming weeks, Naloxone will be available to the public at Quincy Center, Ashmont, Andrew, South Station, an  more

LOWELL, Massachusetts, July 12 -- Middlesex Community College issued the following news release: This summer, Middlesex Community College is helping current and prospective students and their families understand Tuition Equity. Virtual information sessions will go over the new Massachusetts state law, including what tuition equity is and how qualifying students can take advantage. "As Tuition Equity is new in Massachusetts, we understand students may feel overwhelmed or not know how the progra  more

TAUNTON, Massachusetts, July 12 -- MassDevelopment, a development finance agency and land bank, issued the following news release on July 11, 2024: The Taunton Development/MassDevelopment Corporation (TD/MDC), real estate investment firm Rhino Capital Advisors LLC, and state and local officials today broke ground on a new state-of-the-art, 180,000-square-foot advanced manufacturing facility located on lot BP2 at the Business Park at Myles Standish in Taunton. In 2022, TD/MDC sold the last two u  more

BOSTON, Massachusetts, July 12 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented Amylyx Pharmaceuticals in acquiring a first-in-class glucagon-like peptide-1 (GLP-1) receptor antagonist, avexitide, from Eiger BioPharmaceuticals that is ready for Phase 3 trials for post-bariatric hypoglycemia (PBH), a common complication of bariatric surgery, and congenital hyperinsulinism (HI). The transaction was announced on July 10. Under the agreement, Amylyx acquired avexi  more

BOSTON, Massachusetts, July 12 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented Bain Capital in a definitive agreement to acquire Envestnet for $4.5 billion. Envestnet is a leading provider of integrated technology, intelligent data and wealth solutions. The transaction was announced in a press release on July 11. Bain Capital is one of the world's leading private multi-asset alternative investment firms with offices on four continents, more than 1,750 employ  more

BOSTON, Massachusetts, July 12 -- Ropes and Gray, a law firm, issued the following news: Private real estate fundraising has recently slowed, though as the midpoint of the year passes, investors have been building an appetite for the property industry that could lift prospects in the second half of 2024. Asset management partners Eric Requenez and Matt Posthuma discussed this trend in a recent Law360 article. "Fundraising has picked up. It's not where it was in 2022, but it's better," Matt sai  more

BOSTON, Massachusetts, July 12 -- Ropes and Gray, a law firm, issued the following news: In an article for Law360, health care partner Stephanie Webster, counsel Beth Weinman, and associates Pascale Stain and Nick Curry analyze how the Court's reversal of the Chevron doctrine in Loper Bright will impact health care and life sciences companies. "With Chevron's reversal, the scale is no longer tipped in favor of federal agencies, as federal courts are no longer permitted to defer to agency inter  more

BOSTON, Massachusetts, July 12 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented the initial purchasers in connection with a Rule 144A offering by Repay Holdings Corporation (REPAY) of an aggregate principal amount of $287.5 million of its 2.875% convertible senior notes due 2029, which included the full exercise of the $27.5 million principal amount option granted to the initial purchasers. REPAY provides integrated payment processing solutions to verticals th  more

BOSTON, Massachusetts, July 12 -- The Berkshire Bank issued the following news release: * * * Berkshire among 500 top-performing U.S. companies of its size * * * Berkshire Bank announces it has been named one of the 500 top-performing U.S. companies of its size as determined by TIME's America's Best Mid-Size Companies 2024, the latest in a series of honors that also include Newsweek naming the bank one of the Most Trustworthy Companies in America and one of America's Best Regional Banks. Al  more

BOSTON, Massachusetts, July 12 -- Troutman Pepper, a law firm, issued the following news: Troutman Pepper client Southfield Capital, a premier lower middle market private equity firm, announced its partnership with Business Development Resources, Inc. (BDR), a leading business coaching and training organization to field services contractors and distributors. Read a company press release about the investment. Southfield Capital is a private equity firm that invests in high-growth, lower middle   more

SPRINGFIELD, Massachusetts, July 12 -- Massachusetts Mutual Life Insurance Co. issued the following news release: * * * Industry-academia partnership drives growth of western Massachusetts' FinTech ecosystem * * * Western New England University (WNE) has launched its first FinTech + AI 413 Startup Launch Series, made possible by the generous support of MassMutual. With a donation of $75,000 over three years, MassMutual is the first sponsor of the FinTech + AI 413 Startup Launch Series, comp  more