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NEWS PROVIDED BY Press Release Service Jul 31, 2019, 22:44 ET NewYORK, Maine, Aug. 1, 2019 /PRNewswire/ -- Leading specialty food producer Stonewall Kitchen announced today that Audax Private Equity ("Audax"), a leading alternative investment manager for North American middle market companies, has invested in the company alongside the management team.  Working together, Audax and Stonewall Kitchen intend to accelerate the company's plans to become one of the leading specialty food platforms in North America. The company will continue to be led by existing management, with John Stiker remaining as the Chief Executive Officer, Lori King as the company's President and Chief Operating Officer, and Natalie King as Executive Vice President. In 2014, Stonewall Kitchen initially partnered with private investment firm Centre Partners to achieve next level growth. During that five-year partnership, Stonewall Kitchen thoughtfully expanded its national distributio...

NEWS PROVIDED BY Press Release Power Jul 31, 2019, 00:01 ET BOSTON, July 31 2019 /PRNewswire/ -- Following the first significant year-on-year decline in assets under management (AuM) since the 2008 financial crisis, asset managers have their work cut out for them if they hope to restore positive momentum, attract and maintain clients, and forge an optimal digital strategy for the next decade and beyond, according to a new report by Boston Consulting Group (BCG). The report, titled Global Asset Management 2019: Will These '20s Roar? is being released today. This 17th annual study of the global asset management industry by BCG takes a comprehensive look at performance and other key trends, examines factors that are critical to future success, and explores how technology is changing the sector's landscape—to such an extent that firms unwilling or unable to make the necessary investments may not survive. "Even after a year as challenging as 2018, asset ma...

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