Investments
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Radnor’s eMoney Advisor Collects 10 Medals at Annual Stevie Awards in Las Vegas
Its software helps financial advisors answer million-dollar questions from their clients, and for all the other questions encountered by users of eMoney Advisor, the Radnor firm has an award-winning staff ready to provide its two cents. eMoney Advisor just brought home 10 awards from the 11th annual Stevie Awards for Sales and Customer Service in…
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Local Venture Capital Firm Teams Up with Sports Agency to Expand Options for Athletes
Radnor’s SeventySix Capital has teamed up with the newly formed management and sports marketing agency Rubicon Talent to expand the options for its signed athletes and celebrities beyond the usual deals of cash in exchange for endorsements, writes John George for the Philadelphia Business Journal. Under the new partnership, SeventySix Capital will advise on entrepreneurial…
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Radnor’s NewSpring Capital Generates Its Profits Investing Outside Region
One of the region’s strongest venture capital firms, Radnor’s NewSpring Capital, has made most of its profits by investing in companies outside of the Philadelphia area, writes Joseph DiStefano for the Philadelphia Inquirer. The firm, founded nearly two decades ago by Mike DiPiano and his partners, is one of only a few local venture capital…
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Radnor-Based Investment Fund for Foundations Names First COO
The Investment Fund for Foundations, based in Radnor, has named Robert Zion, the former Chief Operating Officer at Hirtle Callaghan & Co., to its newly created COO position. Zion will develop the new role of Chief Operating Officer at TIFF to oversee finance, operations, information technology, legal affairs, and human resources. He will report to…
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With Real Estate Blossoming in the ’Burbs, Four of City’s Private Equity Funds Achieve Record Numbers
With the prime real estate markets blossoming in the Philadelphia suburbs, the city’s real estate private equity funds are achieving record numbers, with four of them amassing a staggering combined total of $18 billion since their inception, writes Natalie Kostelni for the Philadelphia Business Journal. And Equus Capital Partners, Exeter Property Group, Lubert-Adler, and Rubenstein…
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Radnor’s eMoney Advisor to Hire 100 or More Employees This Year
Radnor’s eMoney Advisor, a firm that makes software for financial advisors, is following some great advice: it has posted a 59 percent revenue growth streak since its sale to Fidelity Investments by founder Edmond Walters in 2015. And eMoney Advisor has been on a tear with its workforce expansion too. The company has since relocated…
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Sports Network Exec Joins Radnor’s SeventySix Capital as Entrepreneur in Residence
Radnor-based SeventySix Capital – a leading venture capital firm investing in game-changing companies in the e-commerce, retail, sports, media, and healthcare industries – has announced that Whistle Sports Network Executive Vice President Brian Selander will be joining it as an Entrepreneur in Residence. “Since 1999, SeventySix Capital has backed passionate, smart, and nice entrepreneurs like…
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Merger of Sunoco Logistics, Energy Transfer Partners Good for Companies, Not Investors
Sunoco Logistics Partners’ merger with affiliated business venture Energy Transfer Partners, which is based in Dallas, is likely to divert money from its investor pipeline to cash reserves and annual savings. That’s good news for the Newtown Square firm but bad news for investors, and as a result, Sunoco Logistics’ stock has sunk 11 percent…
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Sunoco Logistics Announces 46th Consecutive Quarter of Cash Distribution Increases
Sunoco Logistics Partners has continued its astonishing record of providing a cash distribution increase for the 46th consecutive quarter. The company announced that its partner, Sunoco Partners, has declared a cash distribution for the third quarter of $0.51 per common unit, or $2.04 annualized. This will be paid on Nov. 14 to unit holders of…
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Vanguard Experts: U.S. Economy Continues to Grow at Modest Pace
According to the experts at Vanguard, the U.S. economy continues to grow at a modest pace. In the following video, Chief Economist for the Americas Roger Aliaga-Díaz and Senior Investment Strategist Andrew J. Patterson discuss their expectations for the economy as we head into 2017 and what that means for investors. “We have a lot…
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In Industry of Frequent Mergers, Radnor’s Pennsylvania Trust Celebrates 30th Anniversary
Pennsylvania Trust, an independent, employee-owned wealth management firm in Radnor with more than $3 billion in assets under management and administration, is marking its 30th anniversary this year. Amidst great change in the industry in the past three decades, Pennsylvania Trust has maintained unparalleled depth and expertise, with a relentless commitment to the needs of…
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Radnor’s Safeguard Scientifics Backs MedCrypt to Tune of $750,000
Safeguard Scientifics, Radnor’s IT and medical investment firm, has provided $750,000 in backing to medical-device software security developer MedCrypt, writes Joseph DiStefano for the Philadelphia Inquirer. The cash influx will be used by Safeguard founders Mike Kijewski and Eric Pancoast and MedCrypt tech founder and Chief Scientific Officer Brett Hemenway to build commercial pilots to…
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It’s a New World after Tech Bubble Burst, as CEO of Radnor’s Safeguard Scientifics Talks Risk, Patience
Stephen Zarrilli, CEO of Radnor-based venture capital firm Safeguard Scientifics, faces each day with an endless supplies of patience and nerves of steel, writes Jane Von Bergen for the Philadelphia Inquirer. Safeguard suffered a major hit when the technology bubble burst in 2000. As a result, Zarrilli, who became the CEO four years ago, today…
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Radnor’s Relay Network Bursts Off Starting Blocks to Raise $12 Million in Private Stock
Radnor’s Relay Network, a software company that helps businesses and customers communicate securely in real time, has raised $12 million in a private stock sale, writes John George for the Philadelphia Business Journal. Relay Network is planning to use the majority of the funds to proceed with scaling its technology platform and operations. “Businesses are…
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Chairman of Wayne’s Bluestone Financial Institutions Fund Talks Political Donations from Hedge Funds
Political donations from hedge funds have reached record highs this campaign season, but finding somebody to talk about the trend was harder than expected, writes Nancy Marshall-Genzer for Marketplace, a production of American Public Media. However, after numerous rejections and non-returned calls from other managers, Ted Peters, Chairman of Bluestone Financial Institutions Fund, agreed to…
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Radnor’s Qlik Acquired by Private-Equity Firm in Chicago for $3 Billion
Thoma Bravo, a Chicago-based private-equity firm, has acquired Radnor’s Qlik, a leader in visual analytics delivering intuitive solutions for self-service data visualization, in an all-cash transaction valued at approximately $3.0 billion. The deal values each share at $30.50. Qlik will maintain its corporate headquarters in Radnor, and will continue to service its customers globally, led…
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Wayne’s Larsen MacColl Partners Join Forces with Florida-Based Burger & Beer Joint
Wayne’s Larsen MacColl Partners, a private equity firm, has formed a partnership with the developer and franchisor of Florida-based Burger & Beer Joint to expand the restaurant’s presence across the United States. The sports and rock-and-roll themed restaurant chain launched in 2009 and now has seven locations, writes Kenneth Hilario of the Philadelphia Business Journal.…






































