Vanguard is bringing together all of its Vanguard Gives Back community service activities, including its employee giving efforts, volunteer initiatives, and a new philanthropic impact program, Vanguard Capital for Kids, under the leadership of Carra Cote-Ackah.

Preston Hollow Capital, an independent specialty finance company, announced today that it has completed the acquisition of an institutional seller’s rights to reimbursements from excess tax-based revenues of the Lakewood Reinvestment Authority, the urban renewal authority for the City of Lakewood, Colorado, and Plaza Metropolitan District No. 1, a quasi-municipal corporation and political subdivision of the State of Colorado operating within the City of Lakewood. Squire Patton Boggs served as counsel to Preston Hollow Capital.

CareCredit, a leading provider of promotional healthcare financing, today announced CareCredit Direct, a private and secure digital experience that allows patients to apply for financing without leaving the provider’s office.

CPI Card Group (Nasdaq:PMTS) (TSX:PNT), a global leader in financial and EMV® chip card production and related services, today announced the appointment of Lane R. Dubin as senior vice president of sales and marketing.

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that it has partnered with the City of Tallahassee (FL) to offer the City’s utilities customers a payment kiosk option as a convenient method for paying their utility bills. ACI, in collaboration with QuotePro Inc., and the City, will provide cash, credit and debit card payment services at Tallahassee Community College, Florida A&M University and the Frenchtown Renaissance Center located at 435 N. Macomb Street, starting on August 17.

Cowen Group, Inc. announced the expansion of Cowen and Company’s investment banking team with the addition of four managing directors: Stephen Clarke, Industrials; Zachary Fisher, Technology, Media and Telecommunications (TMT); A. Scott Lemone, Retail and Consumer; and Prasad Parmeshwaran, Health Care M&A. Mr. Clarke, Mr. Fisher and Mr. Lemone have also brought their existing book of mandates to be completed at Cowen and Company.

Northern Trust expects most investments to generate single-digit positive returns over the next five years, predominantly due to slow economic growth and persistent low interest rates.

Macquarie Capital, the corporate advisory, principal investing and capital markets arm of Macquarie Group (“Macquarie”) (ASX:MQG; ADR:MQBKY), today announced the appointment of Sam Shah and Raghu Velamati as Managing Directors in its U.S. Technology, Media & Telecom Group (“TMT”) for Macquarie Capital. Mr. Shah and Mr. Velamati will be based in Macquarie’s Chicago office.

TPG Capital, the global private equity fund of leading alternative asset firm TPG, today announced it has entered into definitive agreements to acquire two regional broadband services providers, RCN Telecom Services, LLC (“RCN”) and Grande Communications Networks LLC (“Grande”), in separate transactions from ABRY Partners (“ABRY”) for $1.6 billion and $650 million, respectively. TPG will combine the assets to create a top ten U.S. cable company and a regional market-leading provider of next-generation, high-speed data to residential and business customers.

GLAS, the independent provider of finance administration services, has launched in Asia, with Paul Wilden appointed to spearhead the Singapore-based operations. This move has been driven by the increased demand for alternative loan and paying agency, and escrow service providers as banks reduce their involvement in the market.