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Stock impact report

Tiptree Announces Rebrand of Asset Management Business [Yahoo! Finance]

Tiptree Inc. (TIPT) 
US:NASDAQ Investor Relations: tiptreefinancial.com
Company Research Source: Yahoo! Finance
GREENWICH, Conn., April 03, 2024 BUSINESS WIRE Tiptree Inc. ("Tiptree") (NASDAQ: TIPT), today announces the rebrand of its asset management business to Tiptree Advisors, LLC ("Tiptree Advisors"). The new branding reflects the growth of our business and the full integration of the Coherence Credit Strategies, which was acquired in 2023. Over the past two years, the firm has expanded its investment expertise in investment grade and high yield credit to include liquid long/short credit, co-investment strategies as well as select other alternative assets. Mark Black, Tiptree Advisors Global Chief Investment Officer, said, "We are very excited about the opportunity to invest across a variety of asset classes. The addition of the Coherence Credit Strategies team and continued growth of our London-based team means we have more resources with which to pursue our investment strategy. We believe that a higher rate regime for the foreseeable future will present enhanced opportunities in cre Show less Read more
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