• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Octane Closes $700 Million Forward-Flow Deal with New York Life, MetLife Investment Management, and Equitable

    4/15/25 9:08:00 AM ET
    $EQH
    Specialty Insurers
    Finance
    Get the next $EQH alert in real time by email

    Partnership with Leading Insurers Helps Turbocharge Company's Continued Growth

    NEW YORK, April 15, 2025 /PRNewswire/ -- Octane® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, announced today that it has executed an up to $700 million forward-flow facility. New York Life, the largest1 mutual life insurance company in the United States, was the Loan Arranger and lead investor along with MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc., and Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE:EQH). Truist Securities served as Structuring Agent on behalf of the insurance syndicate. AB CarVal, an established global alternative investment manager and part of AllianceBernstein's Private Alternatives business, served as an investment advisor on this transaction for Equitable. This transaction marks Octane's largest forward-flow agreement to date, and its second such partnership with funds managed by life insurance providers.

    Octane logo (PRNewsfoto/Octane)

    Under the terms of the deal, New York Life has agreed to fund up to $350 million, MIM has agreed to fund up to $200 million, and Equitable has agreed to fund up to $150 million of fixed-rate installment powersports loans originated by Octane's in-house lender, Roadrunner Financial®, Inc. Octane's in-house loan servicer, Roadrunner Account Services, LLC, will continue to service the loans.

    The proceeds of this deal will support Octane's continued momentum; the company grew originations in 2024 by 36% year over year. Through this transaction, the Company continues to diversify and grow its existing base of high quality capital providers.

    "We're excited to leverage our strong, consistent, and stable credit performance by offering alternative asset classes to attract three distinguished insurance partners," said Steve Fernald, President and CFO of Octane. "We look forward to strengthening our relationships with New York Life, MIM, and Equitable and continuing to serve our OEM and dealer partners with our innovative solutions and fast, seamless digital experience."

    "We are delighted to partner with Octane in this landmark forward-flow facility, which provides a valuable investment opportunity for New York Life and will help support Octane's success and expansion," said Brendan Feeney, Managing Director and Head of Consumer Asset Based Finance with New York Life. "This deal reinforces our commitment to our policy owners by investing in high-quality assets for the stability and growth of our portfolio. We look forward to deepening our relationship with Octane and our partners in this investment, MIM and Equitable."

    "We are committed to investing in innovative financial solutions that align with the strategic objectives of our General Account and this transaction further supports the development of AllianceBernstein's Private Alternative capabilities, including AB CarVal," said Glen Gardner, Chief Investment Officer of Equitable.

    Octane has sold or entered into forward flow commitments of over $2 billion since its first whole-loan sale in late 2023, including a $500 million forward-flow facility with funds managed by AB CarVal in 2024. 

    1 Based on revenue as reported by "Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual)," Fortune magazine, 6/4/2024. For methodology, please see https://fortune.com/franchise-list-page/fortune-500-methodology-2023/. 

    About Octane:

    Octane® is revolutionizing recreational purchases by delivering a seamless, end-to-end digital buying experience. We connect people with their passions by combining cutting-edge technology and innovative risk strategies to make lifestyle purchases–like powersports vehicles, RVs, boats, personal watercraft, and outdoor power equipment–fast, easy, and accessible.

    Octane adds value throughout the customer journey: inspiring enthusiasts with the Octane Media™ editorial brands, including Cycle World® and UTV Driver®, instantly prequalifying consumers for financing online, routing customers to dealerships for an easy closing, and supporting customers throughout their loan with superior loan servicing.

    Founded in 2014, we support approximately 60 OEM partner brands and over 4,000 dealer partners, and have a team of over 550 in remote and hybrid roles. Visit www.octane.co.

    Octane® and Roadrunner Financial® are registered service marks of Octane Lending, Inc. Cycle World® and UTV Driver® are registered trademarks of Octane Media, LLC.

    Media Relations: Shannon O'Hara

    [email protected]                                                                  

    Investor Relations:

    [email protected] 

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/octane-closes-700-million-forward-flow-deal-with-new-york-life-metlife-investment-management-and-equitable-302428131.html

    SOURCE Octane

    Get the next $EQH alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $EQH

    DatePrice TargetRatingAnalyst
    4/2/2025$77.00Neutral → Buy
    UBS
    1/23/2025$70.00Outperform
    BMO Capital Markets
    1/10/2025$47.00 → $58.00Hold → Buy
    Deutsche Bank
    12/9/2024$54.00 → $58.00Mkt Perform → Outperform
    Keefe Bruyette
    9/5/2024$59.00Overweight
    Barclays
    6/18/2024$40.00 → $43.00Buy → Neutral
    UBS
    1/3/2024$35.00 → $36.00Overweight → Neutral
    JP Morgan
    12/11/2023$28.00 → $37.00Hold → Buy
    Jefferies
    More analyst ratings

    $EQH
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Equitable Names Greg Boosin as Chief Marketing Officer

      Seasoned leader with 25 years of marketing expertise to help accelerate company's growth strategy Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced the appointment of Greg Boosin as Chief Marketing Officer. He will report to Nick Lane, President of Equitable, and join the company's Operating Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250623067765/en/Greg Boosin, Chief Marketing Officer of Equitable "Greg is a dynamic and proven marketing leader in the financial services industry, with experience delivering measurable go-to-market

      6/24/25 9:00:00 AM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings to Participate in the 2025 Morgan Stanley US Financials Conference

      Equitable Holdings, Inc. (the "Company") (NYSE:EQH), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, announced today that Robin Raju, Chief Financial Officer of Equitable Holdings, will participate in a fireside chat at the 2025 Morgan Stanley US Financials Conference on Wednesday, June 11, 2025 at 11:25 a.m. ET. A live audio webcast will be accessible on the Equitable Holdings Investor Relations website at ir.equitableholdings.com. Please log on to the webcast at least 15 minutes prior to the event to download and install any necessary software. A replay will be made available on the Investor Relations website shortly following the c

      6/4/25 4:15:00 PM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings Increases Common Stock Dividend and Declares Preferred Stock Dividends

      Equitable Holdings, Inc. (NYSE:EQH), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, announced today that its Board of Directors has declared a quarterly cash dividend of $0.27 per share of common stock. The dividend on the common stock will be payable June 9, 2025, to shareholders of record at the close of business on June 2, 2025. The Company's board also declared the following cash dividends: Quarterly dividend of $328.125 per share on Series A 5.25% Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of $25,000 per share, which are represented by depositary shares (NYSE:EQH), each representing a 1/1,000th inte

      5/21/25 4:15:00 PM ET
      $EQH
      Specialty Insurers
      Finance

    $EQH
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Equitable Holdings upgraded by UBS with a new price target

      UBS upgraded Equitable Holdings from Neutral to Buy and set a new price target of $77.00

      4/2/25 8:43:38 AM ET
      $EQH
      Specialty Insurers
      Finance
    • BMO Capital Markets initiated coverage on Equitable Holdings with a new price target

      BMO Capital Markets initiated coverage of Equitable Holdings with a rating of Outperform and set a new price target of $70.00

      1/23/25 7:42:13 AM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings upgraded by Deutsche Bank with a new price target

      Deutsche Bank upgraded Equitable Holdings from Hold to Buy and set a new price target of $58.00 from $47.00 previously

      1/10/25 7:49:32 AM ET
      $EQH
      Specialty Insurers
      Finance

    $EQH
    SEC Filings

    See more
    • SEC Form S-8 filed by Equitable Holdings Inc.

      S-8 - Equitable Holdings, Inc. (0001333986) (Filer)

      6/6/25 11:39:29 AM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings Inc. filed SEC Form 8-K: Leadership Update, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - Equitable Holdings, Inc. (0001333986) (Filer)

      5/28/25 4:30:49 PM ET
      $EQH
      Specialty Insurers
      Finance
    • SEC Form 144 filed by Equitable Holdings Inc.

      144 - Equitable Holdings, Inc. (0001333986) (Subject)

      5/23/25 4:22:33 PM ET
      $EQH
      Specialty Insurers
      Finance

    $EQH
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Accounting Officer Eckert William James Iv sold $212,340 worth of shares (4,000 units at $53.09), decreasing direct ownership by 17% to 19,827 units (SEC Form 4)

      4 - Equitable Holdings, Inc. (0001333986) (Issuer)

      6/23/25 4:32:04 PM ET
      $EQH
      Specialty Insurers
      Finance
    • President and CEO Pearson Mark exercised 20,000 shares at a strike of $23.18 and sold $1,595,338 worth of shares (30,000 units at $53.18), decreasing direct ownership by 1% to 724,367 units (SEC Form 4)

      4 - Equitable Holdings, Inc. (0001333986) (Issuer)

      6/18/25 4:38:48 PM ET
      $EQH
      Specialty Insurers
      Finance
    • President and CEO Pearson Mark was granted 1,162 shares, increasing direct ownership by 0.16% to 734,367 units (SEC Form 4)

      4 - Equitable Holdings, Inc. (0001333986) (Issuer)

      6/11/25 4:30:24 PM ET
      $EQH
      Specialty Insurers
      Finance

    $EQH
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Large owner Equitable Holdings, Inc. bought $757,793,421 worth of Units (19,682,946 units at $38.50) (SEC Form 4)

      4 - Equitable Holdings, Inc. (0001333986) (Reporting)

      4/4/25 5:29:46 PM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings, Inc. bought $150,016,833 worth of Units (4,215,140 units at $35.59) and acquired 3,766,838 units of Units (SEC Form 4)

      4 - Equitable Holdings, Inc. (0001333986) (Reporting)

      12/19/24 4:33:16 PM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings, Inc. bought $24,581,900 worth of Units (700,000 units at $35.12) (SEC Form 4)

      4 - Equitable Holdings, Inc. (0001333986) (Reporting)

      11/6/24 4:30:05 PM ET
      $EQH
      Specialty Insurers
      Finance

    $EQH
    Leadership Updates

    Live Leadership Updates

    See more
    • Equitable Names Greg Boosin as Chief Marketing Officer

      Seasoned leader with 25 years of marketing expertise to help accelerate company's growth strategy Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced the appointment of Greg Boosin as Chief Marketing Officer. He will report to Nick Lane, President of Equitable, and join the company's Operating Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250623067765/en/Greg Boosin, Chief Marketing Officer of Equitable "Greg is a dynamic and proven marketing leader in the financial services industry, with experience delivering measurable go-to-market

      6/24/25 9:00:00 AM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings Appoints Douglas Dachille to the Board of Directors

      Equitable Holdings, Inc. (NYSE:EQH) today announced the appointment of Douglas Dachille as an independent member of its Board of Directors, effective immediately. Mr. Dachille has amassed a distinguished career across three decades with proven expertise in the most strategic matters facing the insurance, banking and asset management industries. This includes leading complex corporate transactions, understanding capital markets and designing innovative investment solutions to meet insurance liabilities. "On behalf of the Board of Directors, I am delighted to welcome Doug Dachille to Equitable Holdings," said Joan Lamm-Tennant, Chair of the Equitable Holdings Board of Directors. "His expe

      1/15/25 4:15:00 PM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Announces New Leadership Appointments

      Industry veteran, Jim Kais, named Head of Group Retirement; succeeds Jessica Baehr, who was appointed President of Equitable Investment Management Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE:EQH), today announced the appointment of Jim Kais as the Head of its Group Retirement business, effective April 1, 2024. Kais will report to Nick Lane, President of Equitable, and join the company's Operating Committee. Kais succeeds Jessica Baehr, who was recently named President of Equitable Investment Management.1 "With nearly three decades of experience, Jim is a proven and respected leader in the retirement industry with a stron

      3/27/24 4:15:00 PM ET
      $EQH
      Specialty Insurers
      Finance

    $EQH
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Equitable Holdings Inc.

      SC 13G/A - Equitable Holdings, Inc. (0001333986) (Subject)

      11/14/24 1:22:37 PM ET
      $EQH
      Specialty Insurers
      Finance
    • SEC Form SC 13D filed by Equitable Holdings Inc.

      SC 13D - Equitable Holdings, Inc. (0001333986) (Filed by)

      11/6/24 4:30:03 PM ET
      $EQH
      Specialty Insurers
      Finance
    • SEC Form SC 13D filed by Equitable Holdings Inc.

      SC 13D - Equitable Holdings, Inc. (0001333986) (Filed by)

      11/6/24 4:30:02 PM ET
      $EQH
      Specialty Insurers
      Finance

    $EQH
    Financials

    Live finance-specific insights

    See more
    • Equitable Holdings Increases Common Stock Dividend and Declares Preferred Stock Dividends

      Equitable Holdings, Inc. (NYSE:EQH), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, announced today that its Board of Directors has declared a quarterly cash dividend of $0.27 per share of common stock. The dividend on the common stock will be payable June 9, 2025, to shareholders of record at the close of business on June 2, 2025. The Company's board also declared the following cash dividends: Quarterly dividend of $328.125 per share on Series A 5.25% Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of $25,000 per share, which are represented by depositary shares (NYSE:EQH), each representing a 1/1,000th inte

      5/21/25 4:15:00 PM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings Reports First Quarter 2025 Results

      Positive net flows of $1.6 billion in Retirement1, $2.0 billion in Wealth Management and $2.4 billion in Asset Management Net income of $63 million, or $0.16 per share Non-GAAP operating earnings2 of $421 million, or $1.30 per share; adjusting for notable items3, Non-GAAP operating earnings of $434 million, or $1.35 per share Returned $335 million to shareholders in the first quarter, and on April 1st acquired approximately $760 million of AllianceBernstein Holding units Robust balance sheet with c.425% combined NAIC RBC ratio and $1.1 billion of Holding Company liquidity Life reinsurance transaction with RGA on track to close mid-2025, freeing over $2 billion of capital and redu

      4/29/25 4:15:00 PM ET
      $EQH
      Specialty Insurers
      Finance
    • Equitable Holdings, Inc. Announces Results of Tender Offer for Any and All of Its Series B Depositary Shares

      Equitable Holdings, Inc. ("Holdings") (NYSE:EQH) announced today the results of its tender offer for any and all of its 444,333 outstanding shares of depositary shares (the "Series B Depositary Shares") each representing a 1/25th interest in a share of its 4.950% Fixed Rate Reset Noncumulative Perpetual Preferred Stock, Series B (CUSIP No. 29452E AA9), par value $1.00 per share and liquidation preference $25,000 per share (equivalent to $1,000 per Series B Depositary Share) (the "Series B Preferred Stock"), which expired at 5:00 p.m., New York City time, on April 9, 2025. Based on the final count by D.F. King & Co., Inc, the tender agent for the tender offer, a total of 279,002 shares of H

      4/10/25 8:30:00 AM ET
      $EQH
      Specialty Insurers
      Finance