Virtus Investment Partners

Industrial Outdoor Storage Platform, Catalyst Investment Partners, Closes $100 Million Acquisition Credit Facility with U.S. Based Bank

Retrieved on: 
Monday, December 12, 2022

Catalyst Investment Partners has closed on a $100 million acquisition credit facility with a large U.S.-based bank.

Key Points: 
  • Catalyst Investment Partners has closed on a $100 million acquisition credit facility with a large U.S.-based bank.
  • This financing represents a significant milestone for the company said Max Heiden, Co-Founder and Partner at Catalyst.
  • Catalyst Investment Partners is a vertically integrated real estate investment firm specializing in the acquisition, management, and leasing of industrial outdoor storage properties.
  • Catalysts portfolio of closed and under-contract properties spans over 40 industrial outdoor storage sites across the Eastern US, and the company is actively seeking new acquisition opportunities.

EQS-News: PATRIZIA strengthens its real asset product offering with acquisition of international multi-manager ADVANTAGE Investment Partners

Retrieved on: 
Thursday, December 1, 2022

International real assets manager ADVANTAGE Investment Partners offers broad access to multi-manager products including global infrastructure and private equity, expanding PATRIZIAs real asset product shelf

Key Points: 
  • International real assets manager ADVANTAGE Investment Partners offers broad access to multi-manager products including global infrastructure and private equity, expanding PATRIZIAs real asset product shelf
    Acquisition strengthens PATRIZIAs access to Nordic clients and its international wholesale distribution channels, including High Net Worth Individuals (HNWI)
    Augsburg/Copenhagen, 1 December 2022.
  • PATRIZIA SE, a leading partner for global real assets, has acquired Copenhagen-based ADVANTAGE Investment Partners, a diversified multi-manager with both institutional and wholesale distribution channels.
  • ADVANTAGE Investment Partners multi-manager product shelf includes a club deal invested in global infrastructure equity and a commingled discretionary fund series invested in North American private equity.
  • ADVANTAGE Investment Partners is also in advanced discussions to launch further products, with a nimble approach to raising new products leading to a lower time to market for new products vs. traditional investment managers.

Caliche Development Partners II Announces its First Acquisitions Following $268 Million Capital Commitment from Orion Infrastructure Capital and GCM Grosvenor

Retrieved on: 
Tuesday, November 29, 2022

HOUSTON , Nov. 29, 2022 /PRNewswire/ -- Caliche Development Partners II (Caliche or Caliche II), Orion Infrastructure Capital (OIC), and GCM Grosvenor (Nasdaq: GCMG) today announced their partnership targeting underground storage and sequestration assets in North America.  The capital commitments represent OIC's second investment with the Caliche management team, and Caliche's first with OIC's frequent investment partner GCM Grosvenor, which invested client capital.  Both firms bring extensive experience in infrastructure investing to Caliche's next iteration, which will target underground assets supporting North America's transition to lower-carbon forms of energy.

Key Points: 
  • HOUSTON, Nov. 29, 2022 /PRNewswire/ -- Caliche Development Partners II (Caliche or Caliche II), Orion Infrastructure Capital (OIC), and GCM Grosvenor (Nasdaq: GCMG) today announced their partnership targeting underground storage and sequestration assets in North America.
  • The capital commitments represent OIC's second investment with the Caliche management team, and Caliche's first with OIC's frequent investment partner GCM Grosvenor, which invested client capital.
  • Caliche expects, with support from OIC and GCM Grosvenor, to explore and assess additional growth related to these assets and in these regions.
  • GCM Grosvenor's experienced team of approximately 530 professionals serves a global client base of institutional and high net worth investors.

Bravo Infrastructure Group Partners with Orion Infrastructure Capital on the Purchase of Radiance Solar, a Leading Southeast Solar EPC

Retrieved on: 
Monday, November 28, 2022

Bravo Infrastructure Group, LLC (BIG) announced today that it has acquired Radiance Solar, LLC, (Radiance), one of the largest commercial and industrial (C&I) solar engineering, procurement and construction (EPC") contractors in the southeastern United States, through a capital partnership with Orion Infrastructure Capital (OIC).

Key Points: 
  • Bravo Infrastructure Group, LLC (BIG) announced today that it has acquired Radiance Solar, LLC, (Radiance), one of the largest commercial and industrial (C&I) solar engineering, procurement and construction (EPC") contractors in the southeastern United States, through a capital partnership with Orion Infrastructure Capital (OIC).
  • Since 2007, Radiance has become one of the largest and longest standing EPC companies in the southeast.
  • To complete the purchase of Radiance, BIG partnered with OIC, a leading capital solutions provider to middle market infrastructure businesses with approximately $3 billion of assets under management.
  • Steve Newby, owner of BIG commented, We are very excited to announce the acquisition of Radiance and our capital partnership with OIC.

Referral Marketing Technology Platform Ambassador Closes Funding to Meet Rising Market Demand

Retrieved on: 
Friday, November 25, 2022

SEATTLE, Nov. 25, 2022 /PRNewswire/ -- Ambassador, a referral and relationship marketing technology company, today announced the infusion of funding, both equity and debt financing of $1.4MM from existing independent investors and Sage Growth Capital. The new funding will support the company's plans to be an end-to-end solution for the growing influencer and relationship marketing industry, ultimately positioning Ambassador as the de facto marketplace where brands and influencers can connect and do business.

Key Points: 
  • The adoption of influence-driven marketing strategies and marketing solutions shows no sign of slowing, and according to Forbes , the creator economy in 2022 has a market size of $100BB.
  • As one of the earliest SaaS solutions in its space, Ambassador technology is easily configurable so brands and advocates can strategize, create, execute, and refine from a single platform.
  • Ambassador is a relationship marketing technology platform to track and grow visibility, automation and optimize community-driven digital marketing efforts, and monetize and scale social commerce opportunities.
  • It is our mission to provide a more flexible funding option to growing companies who do not fit traditional equity or lending models.

Industrial Outdoor Storage platform, Catalyst Investment Partners, Grows IOS Portfolio to 23 Properties.

Retrieved on: 
Monday, November 14, 2022

Catalyst Investment Partners of New York announced closings on 23 Industrial Outdoor Storage (IOS) properties in 2022, spanning 8 major MSAs across the Eastern US.

Key Points: 
  • Catalyst Investment Partners of New York announced closings on 23 Industrial Outdoor Storage (IOS) properties in 2022, spanning 8 major MSAs across the Eastern US.
  • Between Catalyst IOS Fund I and Catalyst IOS Fund II, Catalyst is seeking to aggregate over $500 million of IOS properties.
  • Catalysts IOS portfolio is comprised of low building coverage, industrial sites leased to a wide array of regional and national companies.
  • Catalyst Investment Partners is a vertically integrated real estate investment firm specializing in the acquisition, management, and leasing of industrial outdoor storage properties.

Industrial Outdoor Storage Platform, Catalyst Investment Partners, Hires Eric Silver as Vice President of Finance.

Retrieved on: 
Monday, November 14, 2022

Catalyst Investment Partners has hired Eric Silver as Vice President of Finance.

Key Points: 
  • Catalyst Investment Partners has hired Eric Silver as Vice President of Finance.
  • Silver brings over 12 years of real estate finance experience to Catalyst, and previously held the role of Vice President of Finance & Operations and the Chief Compliance Officer at Maverick Real Estate Partners.
  • We are delighted to welcome Eric to our growing team, said Max Heiden, Co-Founder and Partner at Catalyst.
  • Catalyst Investment Partners is a vertically integrated real estate investment firm specializing in the acquisition, management, and leasing of industrial outdoor storage properties.

FORMER META AND VIACOM EXECUTIVES, KIRTHIGA REDDY AND SAURABH DOSHI CLOSE OVERSUBSCRIBED $8M SEED ROUND FOR WEB3 STARTUP VIRTUALNESS

Retrieved on: 
Wednesday, November 16, 2022

SAN FRANCISCO, Nov. 16, 2022 /PRNewswire/ -- Virtualness, a mobile-first platform designed to help creators and brands navigate the complex world of Web3, announced today it has secured over $8M in seed funding. The fundraise was led by Blockchange Ventures, and joined by Polygon Ventures, F7 Ventures, Micron Ventures, Oceans Ventures, Neythri Futures Fund, Carolyn Everson, Randi Zuckerberg, Nusier Yassin (Nas Daily), Nikki Farb, Stacy Brown-Philpot, and other thought-leaders.

Key Points: 
  • Education, personalization, discovery, integration with Web2 and Web3 platforms and a mobile-first experience are core to the platform.
  • Reddy and Doshi will leverage their decades of global entrepreneurial experience partnering with creators, media, brands, and tech platforms.
  • Kirthiga and Saurabh's experiences are custom-built to help those who want to tap into Web3 but don't know how.
  • Founded in 2022 by industry leaders Kirthiga Reddy and Saurabh Doshi, Virtualness puts creators first and is building the playbook for easy design, efficient sharing and seamless digital commerce.

FORMER META AND VIACOM EXECUTIVES, KIRTHIGA REDDY AND SAURABH DOSHI CLOSE OVERSUBSCRIBED $8M SEED ROUND FOR WEB3 STARTUP VIRTUALNESS

Retrieved on: 
Wednesday, November 16, 2022

SAN FRANCISCO, Nov. 17, 2022 /PRNewswire/ -- Virtualness, a mobile-first platform designed to help creators and brands navigate the complex world of Web3, announced today it has secured over $8M in seed funding. The fundraise was led by Blockchange Ventures, and joined by Polygon Ventures, Micron Ventures, Perot Jain, VC3 DAO, Carolyn Everson, Randi Zuckerberg, Nusier Yassin (Nas Daily), Amit Jain, Firoozeh Dumas, Neeraj Sagar, Satyen Kothari, Stacy Brown-Philpot and other thought-leaders.

Key Points: 
  • Education, personalization, discovery, integration with Web2 and Web3 platforms and a mobile-first experience are core to the platform.
  • Reddy and Doshi will leverage their decades of global entrepreneurial experience partnering with creators, media, brands, and tech platforms.
  • Kirthiga and Saurabh's experiences are custom-built to help those who want to tap into Web3 but don't know how.
  • Founded in 2022 by industry leaders Kirthiga Reddy and Saurabh Doshi, Virtualness puts creators first and is building the playbook for easy design, efficient sharing and seamless digital commerce.

FORMER META AND VIACOM EXECUTIVES, KIRTHIGA REDDY AND SAURABH DOSHI CLOSE OVERSUBSCRIBED $8M SEED ROUND FOR WEB3 STARTUP VIRTUALNESS

Retrieved on: 
Wednesday, November 16, 2022

SAN FRANCISCO, Nov. 16, 2022 /PRNewswire/ -- Virtualness, a mobile-first platform designed to help creators and brands navigate the complex world of Web3, announced today it has secured over $8M in seed funding. The fundraise was led by Blockchange Ventures, and joined by Polygon Ventures, F7 Ventures, Micron Ventures, Oceans Ventures, Neythri Futures Fund, Carolyn Everson, Randi Zuckerberg, Nusier Yassin (Nas Daily), Nikki Farb, Stacy Brown-Philpot, and other thought-leaders.

Key Points: 
  • Education, personalization, discovery, integration with Web2 and Web3 platforms and a mobile-first experience are core to the platform.
  • Reddy and Doshi will leverage their decades of global entrepreneurial experience partnering with creators, media, brands, and tech platforms.
  • Kirthiga and Saurabh's experiences are custom-built to help those who want to tap into Web3 but don't know how.
  • Founded in 2022 by industry leaders Kirthiga Reddy and Saurabh Doshi, Virtualness puts creators first and is building the playbook for easy design, efficient sharing and seamless digital commerce.