PALM BEACH GARDENS, Fla., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal second quarter ended December 31, 2024. Fiscal Second Quarter 2025 and Recent Highlights Great Elm Capital Corp. (NASDAQ: GECC) raised an additional $13.2 million of equity at NAV in December 2024,... Read More

PALM BEACH GARDENS, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG” or “Great Elm,”) (NASDAQ: GEG), an alternative asset manager, today announced the formation of Monomoy Construction Services, LLC (“MCS”) upon acquisition of Greenfield CRE’s (“Greenfield’s”) assets. The result will combine the construction talent from Greenfield with civil engineering and land planning talent at... Read More

PALM BEACH GARDENS, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal first quarter ended September 30, 2024. Fiscal First Quarter 2025 and Recent Highlights GEG’s fee-paying assets under management (“FPAUM”) and assets under management (“AUM”) totaled approximately... Read More

PALM BEACH GARDENS, Fla., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal fourth quarter and year ended June 30, 2024. Fiscal Fourth Quarter 2024 and Recent Highlights Great Elm Capital Corp. (“GECC”) raised $34 million of additional debt and equity capital since April... Read More

PALM BEACH GARDENS, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal third quarter ended March 31, 2024. Fiscal Third Quarter 2024 and Other Recent Highlights Great Elm Capital Corp. (“GECC”), raised approximately $58.5 million new capital since December 31, 2023,... Read More

WALTHAM, Mass., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal second quarter ended December 31, 2023. Fiscal Second Quarter 2024 and Other Recent Highlights On February 8, 2024, GECC raised $24 million of equity capital from a special purchase vehicle (“SPV”) that... Read More

WALTHAM, Mass., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“Great Elm”), (NASDAQ: GEG), today announced plans to release financial results for the fiscal quarter ended December 31, 2023 after the close of market trading on Tuesday, February 13, 2024. Company to Host Conference Call & Webcast Great Elm will also host a conference call and webcast on Wednesday, February 14, 2024, at 8:30 a.m. Eastern Time to... Read More

PALM BEACH GARDENS, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (the “Company” or “GEG”), (NASDAQ: GEG), an alternative asset manager, today announced it has invested $6 million in a special purpose vehicle which acquired $24 million of common stock in GECC at net asset value (“NAV”). “This transaction leverages GEG’s key attributes to create a beneficial outcome for all stakeholders,” said Jason Reese,... Read More

WALTHAM, Mass., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal first quarter ended September 30, 2023. Fiscal First Quarter 2024 and Other Recent Highlights Fee paying assets under management totaled $451.4 million as of September 30, 2023, up 1% from June 30, 2023, and... Read More

WALTHAM, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“Great Elm”), (NASDAQ: GEG), today announced plans to release financial results for the fiscal quarter ended September 30, 2023, after the close of market trading on Wednesday, November 8, 2023. Company to Host Conference Call & Webcast Great Elm will also host a conference call and webcast on Thursday, November 9, 2023, at 8:30 a.m. Eastern Time to... Read More

WALTHAM, Mass., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal fourth quarter and year ended June 30, 2023. Fiscal Fourth Quarter 2023 Highlights GEG collected incentive fees from Great Elm Capital Corp. (“GECC") for the first time in the Company’s history, totaling $1.0... Read More

WALTHAM, Mass., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“Great Elm”), (NASDAQ: GEG), today announced plans to release financial results for the fiscal quarter and full year ended June 30, 2023, after the close of market trading on Wednesday, September 20, 2023. Company to Host Conference Call & Webcast Great Elm will also host a conference call and webcast on Thursday, September 21, 2023, at 8:30 a.m.... Read More

CHARLESTON, S.C., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Monomoy CRE, LLC (“we,” “us,” “our,” or “Monomoy,”) announced today the hiring of Andrew Wright, as Vice President of Real Estate. Mr. Wright is an accomplished industry veteran with over 20 years of land acquisition, entitlement, and construction management experience in all avenues of commercial real estate. Most recently, Mr. Wright served as Senior Director of... Read More

WALTHAM, Mass., May 15, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” the “Company,” or “GEG”) (NASDAQ: GEG), an alternative asset manager, announced today that Brent Pearson resigned as Chief Financial Officer. The Board of Directors unanimously appointed Keri Davis as CFO effective immediately. With the assumption of the CFO position at GEG, Ms. Davis expands her role with the Company as she continues... Read More

WALTHAM, Mass., May 05, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal third quarter ended March 31, 2023. Leadership Update and Transactions Overview Today, we announced the following leadership change as detailed in our separate press release: The Board of GEG appointed Jason... Read More

WALTHAM, Mass., May 05, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” the “Company,” or “GEG”) (NASDAQ: GEG), an alternative asset manager, announced today that Peter Reed has resigned as Chief Executive Officer effective immediately following the filing of the Company’s Form 10-Q for the quarter ended March 31, 2023. The Board of Directors has unanimously appointed Jason Reese to the additional role of... Read More

WALTHAM, Mass., May 03, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“Great Elm”), (NASDAQ: GEG), today announced plans to host a conference call and webcast to discuss its results for the fiscal quarter ended March 31, 2023, on Friday, May 5, 2023, at 9:00 a.m., ET. Company to Host Conference Call & Webcast Great Elm will host a conference call and webcast on Friday, May 5, 2023, at 9:00 a.m. Eastern Time to discuss its... Read More

WALTHAM, Mass., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to host a conference call and webcast to discuss results for its fiscal 2023 second quarter ended December 31, 2022, on Tuesday, February 14, 2023 before the opening of the stock market. Company to Host Conference Call & Webcast Great Elm will host a conference call and... Read More

WALTHAM, Mass., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal second quarter ended December 31, 2022. Transformational Transactions On January 3, 2023, GEG sold its Durable Medical Equipment (“DME”) business for $80 million. After settling all obligations, the transaction resulted in... Read More

WALTHAM, Mass., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“GEG,” or the “Company”) (NASDAQ: GEG), an alternative asset manager, today announced that it is postponing its earnings release and conference call for its fiscal second quarter ended December 31, 2022, previously scheduled for February 3, 2023. On February 2, 2023, management of GEG determined to delay the earnings release and call for its fiscal... Read More

WALTHAM, Mass., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to release results for its fiscal 2023 second quarter ended December 31, 2022, on Thursday, February 2, 2023, after the closing of the stock market. Company to Host Conference Call & Webcast Great Elm will host a conference call and webcast on Friday, February 3, 2023, at... Read More

WALTHAM, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” the “Company,” “GEG,” or “Great Elm”), (NASDAQ: GEG) today announced the closing of the sale of its majority interest in the Company’s Durable Medical Equipment (DME) business, Great Elm Healthcare, LLC, to QHM Holdings, Inc., a wholly-owned subsidiary of Quipt Home Medical Corp. (“Quipt”), (NASDAQ: QIPT; TSXV: QIPT), a U.S. based... Read More

WALTHAM, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG” or “Great Elm,”) (NASDAQ: GEG), an investment management company, today announced its sale of a majority of its ownership interest in Forest Investments, Inc. (“Forest”) to J.P. Morgan Broker-Dealer Holdings Inc. (“JPM”). Transaction Highlights GEG has sold 61% of its direct and indirect common equity of Forest to JPM for... Read More