Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 259

Posts Tagged ‘partners’

Bounteous Recognized As Gold-Level Adobe Solution Partner

Posted by fidest press agency su sabato, 22 giugno 2019

Bounteous, a leading insights-driven digital experience agency, is proud to announce its elevated status as a Gold Partner in the Adobe Solution Partner Program (SPP), a global digital marketing ecosystem. The new partnership level for Bounteous follows rapid growth in Adobe-certified staff, successful large-scale deployments, and capabilities within the Adobe Experience Cloud.“Bounteous joins an elite group of companies recognized by Adobe for their depth of resources and excellence in deployment,” said John Anthony, Bounteous Vice President, Digital Solutions. “Our combination of Adobe-certified practice members, enterprise customers, and company growth are allowing us to continually drive value.”Gold Partners are regional companies that have earned the highest designation in particular Adobe geographic areas. Gold Partners develop Specialized Adobe practices in multiple Experience Cloud solutions.Bounteous, the 2018 Emerging Adobe Experience Cloud Partner of the Year, is Specialized in Adobe Experience Manager (AEM) and Adobe Analytics and holds over 100 certifications across the entire Experience Cloud, including AEM, Analytics, Adobe Target, Adobe Campaign Manager, Marketo, and Magento Commerce Cloud. Also a Magento partner for over 10 years, Bounteous has rich experience delivering complex commerce implementations for multinational brands.Bounteous experts are the top contributors to ACS AEM Commons, and were named both the 2019 and 2018 AEM Rock Star, awarded to the world’s best AEM architects. An additional testament to Adobe expertise, Bounteous was also cited twice in the recent Forrester report “Ten Ways to Get the Most Out of Your Adobe Investment.”

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Harkness partners with Cinema XXI making way for the best-in-class cinematic experience in Indonesia

Posted by fidest press agency su martedì, 18 giugno 2019

Global leaders in screen technology, Harkness Screens, announces its partnership with Indonesia based Cinema XXI introducing a highly engaging and best-in-class cinematic experience with its Perlux HiWhite screen. Harkness Screens has installed over 170 Perlux HiWhite 1.4 gain screens across Cinema XXI. The screen continues to be the screen of choice by exhibitors worldwide for 2D and active 3D cinema. Backed with Cinema XXI’s laser projection system, viewers will experience films just as film makers intended. The project was executed by Jakarta based PT.Megatech Engineering.Perlux HiWhite is known to improve presentation quality and reduce operating costs. It offers picture presentation with outstanding brightness, rich colours and deep darks to every seat in the house. Its unique coating technology places it as the most preferred and highly recommended screen for laser projection setups across the world.

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Snowden Lane Partners Opens New Coral Gables, Fla. Office

Posted by fidest press agency su giovedì, 13 giugno 2019

Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced the opening of its newest office in Coral Gables, making it their 10th U.S. location and first in Florida. The firm has recruited several new advisors who’ll be based in the new space.
Owen Parr and Francisco Murillo join Snowden Lane to form the Parr Murillo Group as Partners and Managing Directors. They join from Merrill Lynch where they oversaw $187 million in client assets. Alberto Bravo, the team’s long-serving Analyst and Client Associate, will also be part of the new group.In addition, Arnaldo Rego and George Arias join as the Rego Arias Group as Partners and Managing Directors from Merrill Lynch where they oversaw $157 million in client assets. Both the Parr Murillo Group and Rego Arias Group specialize in serving domestic and internationally resident high-net worth families and institutions with a holistic asset management approach, emphasizing their practices specifically around financial planning and estate planning.
Snowden Lane is a nationally branded, open-architecture, hybrid registered investment advisor and broker-dealer that provides wealth advisory services to high net worth individuals, families, and institutional clients.Snowden Lane is led by an experienced team of industry executives, including Lyle LaMothe, Chairman of the Board of Directors, Rob Mooney, Managing Partner and CEO, and Greg Franks, Managing Partner and President, who are dedicated to building a client-focused, nationally branded, boutique wealth advisory partnership.Snowden Lane is headquartered in New York City and operates an SEC registered investment adviser and a broker-dealer. Snowden Lane provides a multi-custodian, multi-currency platform, with aggregated performance reporting and leading analytical tools for clients and advisors. It further provides full operational, finance, compliance, human resources, and financial advisor transition support to its financial advisors.

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Stanford Seed Partners with Entrepreneurs in Africa and India to Catalyze Economic Growth

Posted by fidest press agency su mercoledì, 29 maggio 2019

Frank Omondi is a wildlife biologist turned entrepreneur. His desire to lead a business that makes a positive impact on the community led him to become the managing director of Ten Senses Africa, a fair trade cashew and macadamia nut processing company based in Nairobi, Kenya.With a background in wildlife biology, Omondi realized he needed further training to help him continue to drive the company forward. That realization led him to join the Stanford Seed Transformation Program in 2016.Stanford Seed is a one-year certificate program delivered by Stanford University through Stanford Graduate School of Business (GSB) that operates in East Africa, Southern Africa, West Africa, and India. The program, which is designed exclusively for busy business owners and CEOs, provides management training, one-on-one support, and networking opportunities to growth-minded business leaders.Following Omondi’s participation in the program, Ten Senses Africa doubled its sales, now provides 1 million cashew seedlings to support 30,000 local farmers, and employs 600 people, two-thirds of whom are single mothers. The company was able to expand to Tanzania with the support of the Seed Transformation Network, a group composed of past participants in the program.Surveys of past participants of the Seed Transformation Program reveal the impact participants and their organizations have on their communities. After completing the program, 89 percent of participants grew their customers, 72 percent introduced a new product or service, 64 percent increased their revenue, and 50 percent expanded into new geographies.Participants work with Stanford GSB faculty to gain the essential business and leadership skills that will enable them to grow their companies and, in turn, positively impact their communities. Admitted participants:Create an action plan to grow and scale their business;
Get in-company support from trained facilitators who help introduce what they’ve learned to their management team and promote buy-in;
Develop relationships with like-minded leaders to share experiences and develop an ongoing peer-to-peer support network;
Receive pro-bono project-based consulting services from senior executives.

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Commerzbank Partners with GTC to Further Digitize and Automate its Trade Finance Business

Posted by fidest press agency su mercoledì, 22 maggio 2019

Commerzbank has entered into a strategic partnership with GlobalTrade Corporation (GTC), a leading Canadian application services provider of innovative multi-bank trade finance solutions. The bank plans to utilise GTC’s @GlobalTrade™ platform to strengthen its digital trade finance product range. As one of Europe’s leading trade finance banks, Commerzbank holds the digitalisation and automation of processes as key priorities. This partnership leverages Commerzbank’s unique network footprint and GTC’s multi-bank technology, coupled with SWIFT connectivity, to meet the trade finance needs of corporate clients across the globe more efficiently and effectively.
GlobalTrade Corporation (GTC) is a software developer and application service provider whose product solutions improve the world of trade finance and trade services. The @GlobalTrade systems help buyers, sellers, traders, and financial institutions communicate faster and more efficiently while reducing risk and improving monitoring and control. Their customers include both business enterprises that need consolidated access to multiple banks as well as financial institutions that require supply chain finance solutions to meet their clients’ needs

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Raiffeisen Bank International Partners with Feedzai

Posted by fidest press agency su giovedì, 25 aprile 2019

Raiffeisen Bank International (RBI), one of CEE’s leading banking groups, and Feedzai, a global leader in using AI to fight financial crime, today announced a partnership. Through the cooperation with Feedzai, RBI’s customers will benefit from even more security due to real-time monitoring in the payment channels.Financial crime attacks are increasing, and the need for robust security using the most advanced machine learning is more important than ever, especially for banks. This includes solutions that are flexible enough to scale to new use cases and channels as the bank develops. This is especially important in the age of PSD2 and similar regulation, where RBI and other EU banks strive to provide open banking solutions that meet strict security standards. Feedzai’s AI-based solution is the key to making that happen.RBI’s Financial Crime Management teams across the group will use Feedzai’s advanced machine learning products, such as AutoML, automating feature engineering and other parts of the data science loop for increased effectiveness as well as efficiency, and Feedzai Genome, visual link analysis for finding illicit patterns with greater scope and accuracy.
“This partnership will support us in keeping up the pace in this fast-evolving banking world, especially when it comes to fighting fraud in a variety of channels and products,” said Christoph Lehner, Head of RBI’s Group Compliance division.The bank reported significant profit growth in its FY 2018 results and has highlighted future growth plans driven by focusing on digitization in all segments. Feedzai will be a key partner in that evolution to a digital bank.“This is what it takes to turn a bank into a tech company. RBI is making a commitment to be a leader in digital banking across Europe,” said Nuno Sebastiao, Feedzai CEO and co-founder. “We’re proud to be working with such a forward-thinking bank to create the future of banking together.”

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Clubspeed Acquired by Nadavon Capital Partners

Posted by fidest press agency su martedì, 16 aprile 2019

Nadavon Capital Partners has increased its investment in Clubspeed, the leading global software solution for go karting tracks, race tracks, trampoline parks, and family entertainment centers, where it will acquire a majority stake. Nadavon’s Chief Executive Officer Romir Bosu will serve as Clubspeed’s CEO.Clubspeed was the first to develop software serving a variety of family entertainment centers, offering an innovative gamification and automated marketing solution that drives increased sales with their customers. It has since expanded to serve adjacent businesses within the industry, helping business owners manage their operations more efficiently. Clubspeed’s online booking engine, secure payments, mobile app, jump tracker and customer management tools are examples of why it’s the leader in the industry.
Nadavon Capital Partners originally invested in Clubspeed in April 2017, and an opportunity recently arose to increase that investment. “Clubspeed is a thriving business with a solid foundation, and a great company with global reach,” says Bosu. “It made sense to invest more now, as we continue to add new customers and expand in the family entertainment industry.” Bringing in his competence to take the lead of Clubspeed’s business strategy, Bosu’s focus will be to continue developing the company’s venue management products to deliver value to customers, with a clear vision to scale and expand in existing and new markets around the world.He continues, “Clubspeed’s mission has always been to deliver innovation to customers to help grow their businesses, and I am excited for the opportunity to play a larger role in that innovation.”

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Carlson Private Capital Partners Appoints two new positions to growing team

Posted by fidest press agency su lunedì, 15 aprile 2019

MINNEAPOLIS. Carlson Private Capital Partners (“Carlson Private Capital or CPC”), a middle-market investment firm formed by the Carlson family, today announced the appointment of Cory Petersen as a Vice President of Finance and Administration. CPC has also appointed Stephanie Johnson as an Associate. Both appointments are effective immediately.“I am delighted to welcome both Cory and Stephanie to our growing team,” said Andy Cantwell, CEO and Managing Partner of Carlson Private Capital Partners. “Our ability to add talented professionals who understand the unique needs of closely-held businesses allows us to tailor thoughtful investments and partner with management teams for long term success.”
Primarily responsible for all financial, administrative and compliance responsibilities, Cory will also support the structuring, financing and due diligence efforts for the firm’s investment opportunities. Immediately prior to his appointment he was a director at Stone Arch Capital, which he joined from PWC, where he was a director in their M&A Advisory practice, specializing in providing strategic, business and financial advice on acquisitions and divestitures.Stephanie was previously a member of Chartwell Financial Advisory’s Corporate Finance practice, where she assisted in the execution of M&A, ESOP-related, and capital markets transactions. Prior to joining Chartwell, she served as an analyst in Jefferies’ Healthcare Investment Banking group in New York.

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Celltrion Partners with the Canadian Biotech Company, iProgen Biotech to Develop a Series of Novel ADCs

Posted by fidest press agency su mercoledì, 10 aprile 2019

Celltrion (KRX:068270) and the Canada-based iProgen Biotech Inc. announced to agree to partner for the development of novel ADCs against validated antibody targets, including HER21 and CD202. The terms of the partnership agreement include: (1) Celltrion manufactures and supplies four recombinant antibodies to iProgen, among which two are HER2 and CD20 targeting, selected by Celltrion, and two additional targets to be selected by iProgen, (2) Celltrion provides supports for the Chemistry, Manufacturing, and Control (CMC) activities for the IND application and the Phase-1 clinical trial, (3) iProgen conducts the Phase-1 clinical trial using these drug candidates, and (4) upon completion of Phase 1, Celltrion has the right of first negotiation on these drug candidates for global in-licensing.
The antibodies encompassing iProgen’s proprietary delivery technology, Antibody Delivery Enhancing Domain (ADED) is expected to increase anti-tumor efficacy by enhancing the drug delivery and internalization to cancer cells. The ADED technology is applied to anti-HER2 ADCs to potentially treat not only the breast cancer patients with high levels of HER2 expression more effectively but also those with low levels with no approved targeted therapies. In addition to HER2, other tumor antigens may be therapeutically targeted by ADCs that embody this technology.The representative of Celltrion said, “Celltrion has been searching for novel technologies that could expand the use of existing antibody therapeutics and produce biobetters and next-generation biotherapeutics, in order to bolster its pipeline outside biosimilars and small molecules,” adding that “We will keep on enriching our pipeline to include a panel of oncology drugs, as part of the effort to improve patients’ lives worldwide.”

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NGL Energy Partners LP to Attend Mizuho Energy Summit

Posted by fidest press agency su lunedì, 1 aprile 2019

NGL Energy Partners LP (NYSE:NGL) announced today that it will attend the 3rd Annual Mizuho Energy Summit in Napa, California on April 1– 2, 2019. Members of NGL’s management team will be participating in a series of one-on-one meetings with members of the investment community at the conference.NGL’s slide presentation referenced at the Conference will be available on NGL’s website at http://www.nglenergypartners.com on the “Presentations” sub-tab under the “Investor Relations” section on Monday, April 1, 2019.
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables. For further information, visit the Partnership’s website at http://www.nglenergypartners.com.

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Knopman Marks Partners with the University of Iowa for SIE Training

Posted by fidest press agency su giovedì, 28 marzo 2019

The University of Iowa SIE program was launched in January 2019 and is one of the first of its kind. The course, offered within the finance curriculum, covers detailed information about financial industry products, markets, accounts, and regulations, preparing students to pass one of the Financial Industry Regulatory Authority (FINRA) exams required for securities industry licensing and employment. Before October 2018, individuals could take securities licensing exams only after they were hired and sponsored by a financial firm. The new SIE Exam changes that paradigm. It can be taken by anyone age 18 or older, and if passed, a shorter, focused, “top off” exam is required after hire to complete the licensing process.With the addition of this program, the University of Iowa is supporting students in earning a credential that can differentiate them when they apply for securities industry employment. Once the exam is passed, the qualification is valid for four years.
Cathy Zaharis, CFA, in charge of professional/employer development and director of the university’s Henry B. Tippie College of Business’s finance department, initiated the implementation of the Knopman Marks SIE training program, which kicked off January 14, 2019. “In reviewing materials for SIE prep, I found that the Knopman Marks material was thorough and clearly understood. I also appreciated their high pass rates for exams.”
Before incorporating the program at U of I, Cathy successfully studied for and passed the SIE Exam. “I utilized the Knopman Marks materials in my own preparation, and I felt I was prepared for success. And I passed, which I attribute to the study materials and process they provide.”
Knopman Marks designs and delivers training for securities licensing exams. It successfully prepares thousands of candidates domestically and internationally each year and consistently delivers the best pass rates in the industry.

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Knopman Marks Partners with the University of Iowa for SIE Training

Posted by fidest press agency su mercoledì, 27 marzo 2019

Knopman Marks Financial Training is pleased to announce its partnership with the University of Iowa for Securities Industry Essentials (SIE) Exam preparation.The University of Iowa SIE program was launched in January 2019 and is one of the first of its kind. The course, offered within the finance curriculum, covers detailed information about financial industry products, markets, accounts, and regulations, preparing students to pass one of the Financial Industry Regulatory Authority (FINRA) exams required for securities industry licensing and employment. Before October 2018, individuals could take securities licensing exams only after they were hired and sponsored by a financial firm. The new SIE Exam changes that paradigm. It can be taken by anyone age 18 or older, and if passed, a shorter, focused, “top off” exam is required after hire to complete the licensing process.With the addition of this program, the University of Iowa is supporting students in earning a credential that can differentiate them when they apply for securities industry employment. Once the exam is passed, the qualification is valid for four years.According to Brian Marks, senior managing director of Knopman Marks Financial Training, these changes offer an excellent opportunity for college students and career changers to earn an important credential that can jumpstart a career in the securities industry. “Firms benefit greatly when candidates for new jobs have this credential. They’ve proven their initiative and their ability to pass securities exams, which are not easy. These candidates spend less time in training and can contribute in their new roles sooner.”He adds that a number of firms are requiring new associates to pass the SIE Exam before they begin summer training and expects that this trend will escalate in the next several years.Cathy Zaharis, CFA, in charge of professional/employer development and director of the university’s Henry B. Tippie College of Business’s finance department, initiated the implementation of the Knopman Marks SIE training program, which kicked off January 14, 2019. “In reviewing materials for SIE prep, I found that the Knopman Marks material was thorough and clearly understood. I also appreciated their high pass rates for exams.” Before incorporating the program at U of I, Cathy successfully studied for and passed the SIE Exam. “I utilized the Knopman Marks materials in my own preparation, and I felt I was prepared for success. And I passed, which I attribute to the study materials and process they provide.”

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FoodMaven Announces New Sustainability Initiative with Local Hospitality Partners

Posted by fidest press agency su giovedì, 21 marzo 2019

FoodMaven, a Colorado-based startup, announced today an initiative aimed at helping hospitality institutions source local, sustainable food products for their kitchens in Colorado and Texas. The initiative is already in place at Hilton properties in Denver including DoubleTree by Hilton Hotel-Westminster, Hilton Denver City Center, and Hilton Stapleton North. “As part of Hilton’s Travel with Purpose commitment to cut our environmental footprint in half by 2030 and double our social impact investment around the world, we are identifying solutions to reduce food waste and expand sustainable sourcing,” said Terry Jenkins, Sr. Manager of Corporate Responsibility Americas, Hilton. “Our hotels are finding innovative local partners to help achieve these goals and make an even greater positive impact.”
Sourcing local food items can be challenging for already-established hotel chains, who often need to reach out to multiple suppliers for specific food products. FoodMaven retains valuable relationships with local suppliers to navigate the logistics and provide buyers with an online marketplace that allows them to see product in FoodMaven inventory. FoodMaven fully integrates their technology into the hotel’s existing purchasing platform, creating a seamless buying experience.
FoodMaven handles the process from safety guidelines and insurance procedures to securing onsite delivery at hotels and restaurants – which most local suppliers cannot provide – and also leads local businesses towards more sustainable sourcing practices.The move towards a locally sourced model helps larger institutions meet rising consumer demand for more sustainable and fresher food options. Additionally, sourcing local is more cost-effective and can help invigorate a more local economy by tapping local suppliers that face challenges getting their product to a larger market.FoodMaven currently serves hospitality institutions in Colorado with plans to expand nationwide.

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Worksoft Acquired by Marlin Equity Partners

Posted by fidest press agency su venerdì, 1 marzo 2019

Addison, Texas, (GLOBE NEWSWIRE) Worksoft, Inc. (“Worksoft”), a leading provider of continuous test automation software, and Marlin Equity Partners (“Marlin”), a global investment firm with over $6.7 billion of capital under management, today announced Marlin’s majority recapitalization of and growth equity investment in Worksoft. Worksoft provides the market’s leading end-to-end continuous test automation platform for packaged applications (e.g. SAP, Oracle, Salesforce and Workday). The company’s solutions enable enterprise customers to conduct automated business process discovery, test creation and execution, analytics and documentation of cross-application workflows that support mission critical processes. Marlin’s investment and operational support will enable Worksoft to rapidly scale its platform and help global enterprises increase the speed, accuracy and coverage of process testing in an increasingly diverse business application landscape. “Digital transformation has enabled vendors across a wide range of industries to improve product offerings, drive deeper engagement with customers and optimize selling and marketing efforts, but has also demanded these enterprises modernize their core business application environments to keep pace. This transformative shift to modern platforms has made the discovery, test creation and automation of business processes mission-critical” said Lee Constantino, CEO of Worksoft.
Shea & Company acted as exclusive financial advisor and Munsch Hardt Kopf & Harr acted as legal advisor to Worksoft. Goodwin Procter LLP acted as legal advisor to Marlin. Additional terms of the transaction were not disclosed.

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Apple Growth Partners Receives Best Employers in Ohio Recognition

Posted by fidest press agency su venerdì, 22 febbraio 2019

Apple Growth Partners (AGP), accounting and business advisory firm, was recently named one of the 2019 Best Employers in Ohio. The annual list of the Best Employers in Ohio was created by the Ohio Society for Human Resource Management (SHRM) State Council, Crain’s Cleveland Business, and Best Companies Group.This statewide survey and awards program is designed to identify, recognize, and honor the best places of employment in Ohio, benefiting the state’s economy, its workforce, and businesses. The 2019 Best Employers in Ohio list is made up of 41 companies. Companies must meet multiple criteria to be considered for participation.Having completed a year-long celebration honoring the firm’s 75th anniversary in 2018, the Best Employers in Ohio recognition kicks off an exciting year ahead for the firm.Modern benefits, along with in-house resources for professional development and coaching, positions AGP as a pioneer in the accounting industry for employee advancement. As the firm continues to grow its presence in Northeast Ohio and beyond, leadership is committed to putting employees first.
Companies from across the state entered the two-part survey process to determine the Best Employers in Ohio. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems, and demographics – worth approximately 25 percent of the total evaluation. The second component consisted of an employee survey to measure the employee experience – worth approximately 75 percent of the total assessment. The combined scores determined the top companies and the final rankings. Best Companies Group managed the overall registration and survey process in Ohio and analyzed the data and used their expertise to determine the final rankings. For more information on the Best Employers in Ohio program, visit http://www.BestEmployersOH.com.Apple Growth Partners is an accounting and business advisory firm with more than 75 years of helping grow local businesses. With offices in Cleveland, Akron, Canton, and Kent, AGP offers a full range of services including audit and assurance, tax planning and compliance, business valuation, litigation consulting and transactional advisory services. To learn more, visit http://www.applegrowth.com.

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Energy Impact Partners Invests Big in Palmetto Clean Technology

Posted by fidest press agency su martedì, 19 febbraio 2019

Energy Impact Partners (EIP), the leading utility-backed energy investment and innovation firm, today announced that it has provided up to $20 million in financing facilities to Palmetto Clean Technology, a platform technology & fulfillment company focused on the distribution and democratization of clean energy products.This announcement comes on the heels of Palmetto’s last capital raise in the fall, of $6 million. The round was led by Greycroft, with participation from Lerer Hippeau, Box Group, and NBA commissioner emeritus David Stern.“We continue to see opportunities in both the direct-to-consumer and cleantech sector. Palmetto offers a similar business-to-business-to-consumer platform that provides homeowners a seamless way to go solar and save money while doing so,” said Alan Patricof, Founder of Greycroft.“For the everyday consumer to focus on the renewable energy initiative is at an all-time high right now,” said former NBA Commissioner, David Stern.
EIP invested in Palmetto via their Energy Impact Credit Fund (EICF), the company’s credit platform. The financing will be used to expand Palmetto’s North American presence, increase staffing and develop programs to drive sales.

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Corsair Infrastructure Partners Announces Transaction Involving DP World Australia

Posted by fidest press agency su sabato, 26 gennaio 2019

Corsair Infrastructure Partners (“CIP”), the global infrastructure investment business of Corsair Capital (“Corsair”), today announced that Gateway Infrastructure Investments (“Gateway”), an investment fund managed by CIP, as well as several other financial investors, have entered into agreements to sell their entire stakes in DP World Australia (Holding) Pty Ltd (“DPWA”) to DP World and new investment funds managed by CIP. The closing of the transaction is subject to regulatory approvals.As a result of this transaction, DP World, the original corporate parent of DPWA, will hold a majority stake in the company, alongside a substantial minority investment by CIP-managed funds.Hari R. Rajan, Managing Director of Corsair and Head of CIP, said, “We are pleased to have achieved the exit of Gateway’s investment in DPWA, while maintaining our strong relationship with DP World through our continued management of a large investment in the company. We believe this new shareholder structure will further leverage the global capabilities of DP World and support the continued growth and development of DPWA’s container terminal and other businesses.”

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Bluebird Network to be Acquired by Macquarie Infrastructure Partners

Posted by fidest press agency su giovedì, 17 gennaio 2019

Bluebird Network, LLC, (“Bluebird” or the “Company”) a Midwest telecommunications company, is being acquired by Macquarie Infrastructure Partners (“MIP”) for an undisclosed amount. MIP is a long-term infrastructure investment fund that is managed by the Macquarie Infrastructure and Real Assets (“MIRA”) division of Macquarie Group.MIP has partnered with Uniti Group Inc. (NASDAQ: UNIT) (“Uniti”) to finance the transaction. Uniti will acquire Bluebird’s fiber network and then lease it back to Bluebird under a long-term lease. As part of the transaction, Bluebird will also acquire Uniti’s Midwestern fiber business and receive a long-term lease over Uniti’s Midwestern fiber network, which consists of approximately 2,500 miles of network predominantly in Illinois. Upon completion of the transactions the two adjacent networks will be combined and operated as one company under the Bluebird name. The Company will be operated by the existing Bluebird management team and employee-base headquartered in Columbia, MO, led by Chief Executive Officer, Michael Morey.“We are very pleased to partner with Bluebird’s experienced management team as MIP expands its portfolio of investments in communications infrastructure,” said Karl Kuchel, CEO of MIP. “As bandwidth needs continue to increase, fiber has become the essential backbone for high-performance connectivity networks. We look forward to working with the Bluebird team to growing the platform in the years ahead”“This is an exciting opportunity for Bluebird. The investment by MIP and the addition of the adjacent network uniquely positions Bluebird as a scaled strategic network and data center provider in the Midwest,” adds Michael Morey, CEO of Bluebird. “With our existing team in place and an expanded network and customer set, Bluebird will be well placed to serve wholesale and enterprise customers, and for platform growth throughout the Midwest and beyond.”Bluebird provides high bandwidth network solutions within rural and urban areas throughout the Midwest, focusing on connecting rural areas to major cities. The company provides a wide variety of network services to enterprise and carrier customers, including secure and reliable bandwidth, Metro Ethernet, Wide Area Network Ethernet, Dedicated Internet Access, E-Line Services, Ethernet Virtual Private LAN Service (E-LAN) and Mobile Backhaul Transport services. Bluebird’s fiber optic infrastructure also connects to the Bluebird Underground Data Center, an underground colocation facility located in Springfield, Missouri.The transaction is subject to regulatory approvals and other customary terms and conditions, and is expected to be closed by the end of the third quarter of 2019.

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Mobius Capital Partners Appoints Northern Trust to Support UK Investment Trust and Luxembourg SICAV

Posted by fidest press agency su domenica, 9 dicembre 2018

Northern Trust (Nasdaq: NTRS) today announced that it has been selected by Mobius Capital Partners, the emerging and frontier markets investment manager, to provide a range of asset servicing and Integrated Trading Solutions to support the firm’s London-listed Mobius Investment Trust (MMIT.L) and Luxembourg Société d’Investissement à Capital Variable (SICAV), the Mobius Emerging Markets Fund. Dr. Mark Mobius, founder partner of Mobius Capital Partners said, “Northern Trust has worked closely with us for a number of months as we launched two separate vehicles accessing our single governance orientated strategy. Together, we have built a collaborative relationship, leveraging their innovative consultative solutions. Northern Trust’s Integrated Trading Solutions delivers an immediate capability to address some of the significant challenges that MiFID II is posing to asset managers.” Northern Trust will provide depositary, custody, fund accounting and foreign exchange (FX) services to the investment trust, and fund administration to the SICAV. Investors in both vehicles will benefit from Northern Trust’s recently launched Integrated Trading Solutions, an advanced front-to-back office outsourced trading service. “Mobius Capital Partners has successfully launched both a closed and open-ended fund this year and we’re thrilled to be working with an asset manager that has such a strong commitment to improving Environmental Social Governance standards in emerging and frontier markets,” said Clive Bellows, head of Global Fund Services for Europe, Middle East and Africa (EMEA) at Northern Trust. “We work with and support our clients with a range of solutions to suit their individual needs and requirements. Mobius Capital Partners will benefit from Northern Trust’s wealth of experience, leading technology applications, regulatory, compliance and middle office support.” “To remain competitive in today’s increasingly regulated environment, asset managers need to drive efficiency at all points within the trade lifecycle,” said Guy Gibson, head of Institutional Brokerage for EMEA & Asia-Pacific at Northern Trust. “By outsourcing their end-to-end trading needs to Northern Trust, Mobius Capital Partners will reduce the cost of execution, reduce risk and improve regulatory compliance.” Institutional Brokerage is part of Northern Trust Capital Markets which provides foreign exchange, securities lending and transition management services. It forms part of Northern Trust’s Corporate & Institutional Services business – a leading provider of asset servicing, fund administration and middle office solutions to institutional asset managers and asset owners around the globe.

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EU and Arctic partners enter historic agreement to prevent unregulated fishing in high seas

Posted by fidest press agency su venerdì, 19 ottobre 2018

A landmark international agreement to prevent unregulated commercial fishing in the Arctic high seas was signed in Ilulissat, Greenland.
Parties in the deal are the European Union, Canada, the People’s Republic of China, Denmark (in respect of Greenland and the Faroe Islands), Iceland, Japan, the Republic of Korea, Norway, the Russian Federation and the United States. Together, these parties represent some 75% of the global GDP. Under the Agreement, the ten Parties concerned have agreed to ban commercial fishing in the high seas portion of the Central Arctic Ocean at least until scientists confirm that it can be done sustainably and until the Parties agree on mechanisms to ensure the sustainability of fish stocks.Karmenu Vella, Commissioner for the Environment, Maritime Affairs and Fisheries, said: “This historic agreement was only possible thanks to the strong commitment and leadership shown by all Parties. It shows what multilateralism can achieve, when there is a strong sense of common purpose. Protection of the Arctic was a significant gap in international ocean governance. Today, we have all committed to safeguarding this fragile marine ecosystem for future generations. I call upon all Parties to swiftly proceed to the ratification of this important agreement.”The Arctic region is warming at almost three times the global average rate, causing a change in the size and distribution of fish stocks. As a result, the Arctic high seas may become more attractive for commercial fisheries in the medium to long term. However, until present, most of the Arctic high seas were not covered by any international conservation and management regime. Meanwhile there is still a limited understanding of the marine ecosystems of the Arctic and, in particular, of determining whether fish stocks might exist in this area that could be harvested on a sustainable basis.The agreement will be a first step towards the creation of one or more regional fisheries management organisations or arrangements for the Central Arctic Ocean, to ensure that any future fishing is carried out sustainably.The agreement is fully in line with a long-held position of the European Union that no commercial fisheries should begin in the Arctic high seas before a science-based and precautionary management regime is in place. The Agreement is a key deliverable under the EU’s Ocean Governance policy and under the EU’s Arctic policy, wherein sound stewardship of the high seas, a responsible approach towards utilizing Arctic marine resources and respect of the rights of indigenous peoples feature prominently.

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