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PEI Group Unveils NEXUS 2024: The Premier Private Investment Summit

Retrieved on:

Monday, February 12, 2024

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NEW YORK, Feb. 12, 2024 /PRNewswire-PRWeb/ -- PEI Group, the leading source of intelligence for the private investment industry, is pleased to announce NEXUS 2024, the inaugural installment of an annual summit that aims to recast the conversation around and within private equity and connect limited partners responsible for more than $30 trillion with top-tier general partners.

Key Points:

"With over 500 influential participants, including top investors, managers, and service providers in the asset class, NEXUS 2024 is a must-attend event for anyone in the private equity industry," said William O'Conor, PEI's U.S.
NEXUS 2024, which takes place March 6-8, 2024, in Orlando, Florida, is supported by three key industry publications published by PEI Group: Buyouts , the leading authority in U.S. mid-market private equity; PE Hub , the premium intelligence service covering private equity deal-making in North America, and Private Equity International , the only global publication with a primary focus on the relationship between private equity investors and fund managers.
The event is a natural extension of PEI Group's commitment to advancing the broad private equity community.
"2024 represents a pivotal year for private equity, and investors are at a critical juncture with respect to allocations and emerging opportunities.

Wilshire to Acquire Lyxor Asset Management Inc., a Leading Alternative Investment Provider, from Amundi

Retrieved on:

Tuesday, October 31, 2023

Asset Management, Professional Services, Finance, Risk, Clifford Chance, ETF, PJT Partners, Acquisition, Research, Kirkland & Ellis, Multimedia, CalSTRS, Partnership, Solomon Partners, Financial services, Amundi, Société Générale, European

Wilshire, a leading global financial services firm, has entered into a definitive agreement to acquire Lyxor Asset Management Inc. (“Lyxor U.S.”), a U.S.-based investment advisor with $20.8 billion in assets under management1, from Amundi, the largest European asset manager.

Key Points:

Wilshire, a leading global financial services firm, has entered into a definitive agreement to acquire Lyxor Asset Management Inc. (“Lyxor U.S.”), a U.S.-based investment advisor with $20.8 billion in assets under management1, from Amundi, the largest European asset manager.
Through this transaction, Wilshire will become a leading provider of hedge fund managed accounts and enhance its alternative investment offering.
Lyxor U.S. was previously the U.S. subsidiary of Lyxor, the major European ETF and liquid alternatives provider acquired by Amundi in 2021.
Wilshire was advised by Solomon Partners and Kirkland & Ellis LLP, and Amundi was advised by PJT Partners and Clifford Chance LLP.

At One Ventures Launches $375 Million Climate Tech Fund

Retrieved on:

Wednesday, October 4, 2023

SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- At One Ventures, the climate tech venture capital firm founded in 2020 by Tom Chi, founding member of Google X, today announced the close of a US$375 million second fund. Like Fund I, Fund II will focus on backing early-stage startups with disruptive technologies that can improve planetary health by resetting the industries causing the most damage to the planet, such as buildings and construction, energy and transportation, and food and agriculture.

Key Points:

"It's going to take a different kind of thinking than what got us into the climate crisis to get us out.
"As an LP in both Fund I and Fund II, One Small Planet could not be more thrilled with the partnership with At One Ventures.
They are an absolute leader in climate tech, applying deep scientific and sector knowledge to help scale economically viable organizations to help solve the world's most pressing problems.
One Small Planet has deeply enjoyed collaborating with At One Ventures as both an LP and a co-investor," said Jack Wielebinski, Fund Operating Officer, One Small Planet.

CalSTRS and Sapphire Partners Join Forces to Invest in New and Next Generation VC Managers

Retrieved on:

Wednesday, September 13, 2023

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As a part of this partnership, Sapphire Partners will assume investment management responsibilities of five CalSTRS “New and Next Generation Manager Funds” existing funds, representing approximately $1.4 billion in assets under management.

Key Points:

As a part of this partnership, Sapphire Partners will assume investment management responsibilities of five CalSTRS “New and Next Generation Manager Funds” existing funds, representing approximately $1.4 billion in assets under management.
(2) Sapphire Partners will also have capital available to continue making commitments to new and emerging venture capital managers.
View the full release here: https://www.businesswire.com/news/home/20230913228720/en/
“Emerging managers are critical to the venture ecosystem and an LP’s portfolio, and both CalSTRS and Sapphire Partners have long histories of supporting them on their journey,” said Beezer Clarkson , Partner, Sapphire Partners.
Today, approximately 70% of Sapphire Partners’ portfolio of existing managers have checkwriters from diverse backgrounds.

PRIVACY ALERT: CalPERS and CalSTRS Under Investigation for Data Breach

Retrieved on:

Thursday, August 24, 2023

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CalPERS and CalSTRS contract with the vendor, PBI Research Services, to identify member deaths.

Key Points:

CalPERS and CalSTRS contract with the vendor, PBI Research Services, to identify member deaths.
PBI used the exploited software program to transfer files containing the sensitive personal information of certain CalPERS and CalSTRS members and beneficiaries.
According to CalPERS and CalSTRS, information impacted by the breach included, among other things, members' and beneficiaries' names, dates of birth, and Social Security numbers.
If you received notification of this data breach or are a member or beneficiary of CalPERS or CalSTRS and wish to obtain additional information about your legal rights, please contact us today or visit our website at https://www.classactionlawyers.com/calpers .

Healthcare Triangle Launches Ransomware Initiative Aimed at Protection and Prevention for Healthcare Providers

Retrieved on:

Wednesday, July 12, 2023

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Both incidents have been attributed to a Russian hacker group known as the Cl0p ransomware syndicate.

Key Points:

Both incidents have been attributed to a Russian hacker group known as the Cl0p ransomware syndicate.
Meanwhile, while large institutions and healthcare systems address major attacks, rural hospitals particularly vulnerable to risk are facing significant budget constraints for ransomware protection and need assistance from the federal government.
Healthcare Triangle applauds this and other actions by the U.S. Congress to address the growing threat of ransomware attacks, including the work of the Joint Ransomware Task Force (JRTF) , an interagency effort to reduce ransomware.
Healthcare Triangle’s ransomware prevention practices and training services include:

JUST CLIMATE ANNOUNCES CLOSE OF INAUGURAL $1.5 BILLION INDUSTRIAL CLIMATE SOLUTIONS FUND

Retrieved on:

Thursday, June 8, 2023

LONDON, June 8, 2023 /PRNewswire/ -- Just Climate, an investment business established by Generation Investment Management to address the net-zero challenge at scale, has today announced the closing of its inaugural fund, Climate Assets Fund I (the "Fund").

Key Points:

LONDON, June 8, 2023 /PRNewswire/ -- Just Climate, an investment business established by Generation Investment Management to address the net-zero challenge at scale, has today announced the closing of its inaugural fund, Climate Assets Fund I (the "Fund").
The Fund exceeded its $1 billion target, raising $1.5 billion in institutional capital to invest in the highest impact solutions that can radically reduce or remove emissions, while generating attractive risk-adjusted financial returns.
Just Climate has made three investments from the Fund to date, in:
ABB E-mobility - a Swiss-based global leader in electric vehicle (EV) charging solutions.
With this approach, Just Climate is demonstrating its conviction that climate solutions for the hard-to-abate industries are capable of delivering attractive risk-adjusted returns and highest climate impact.

JUST CLIMATE ANNOUNCES CLOSE OF INAUGURAL $1.5 BILLION INDUSTRIAL CLIMATE SOLUTIONS FUND

Retrieved on:

Thursday, June 8, 2023

LONDON, June 8, 2023 /PRNewswire/ -- Just Climate, an investment business established by Generation Investment Management to address the net-zero challenge at scale, has today announced the closing of its inaugural fund, Climate Assets Fund I (the "Fund").

Key Points:

LONDON, June 8, 2023 /PRNewswire/ -- Just Climate, an investment business established by Generation Investment Management to address the net-zero challenge at scale, has today announced the closing of its inaugural fund, Climate Assets Fund I (the "Fund").
The Fund exceeded its $1 billion target, raising $1.5 billion in institutional capital to invest in the highest impact solutions that can radically reduce or remove emissions, while generating attractive risk-adjusted financial returns.
Just Climate has made three investments from the Fund to date, in:
ABB E-mobility - a Swiss-based global leader in electric vehicle (EV) charging solutions.
With this approach, Just Climate is demonstrating its conviction that climate solutions for the hard-to-abate industries are capable of delivering attractive risk-adjusted returns and highest climate impact.

BioSig Announces New Advisory Board Member Edwin Wang

Retrieved on:

Monday, March 27, 2023

BioSig Technologies, Inc. (NASDAQ: BSGM) (“BioSig” or the “Company”), an advanced digital signal processing technology company delivering unprecedented accuracy and precision to intracardiac signal visualization with its proprietary PURE EP™ System, today announced the appointment of new Advisory Board member Edwin Wang.

Key Points:

BioSig Technologies, Inc. (NASDAQ: BSGM) (“BioSig” or the “Company”), an advanced digital signal processing technology company delivering unprecedented accuracy and precision to intracardiac signal visualization with its proprietary PURE EP™ System, today announced the appointment of new Advisory Board member Edwin Wang.
Mr. Wang has over 20 years of impactful experience in private equity, venture capital, merchant banking, and family office investing.
Accretive Capital Partners has advised in excess of $2 billion in portfolio and fund restructurings.
) BioSig Technologies leads the way forward in digital signal processing and AI for the treatment of cardiac arrhythmias.

CalSTRS Joins Politan Capital Management in Legal Action Against Masimo CEO’s Employment Agreement

Retrieved on:

Friday, March 3, 2023

Banking, Legal, Professional Services, Finance, Risk, Cerberus Capital Management, Delaware Court, Delaware Court of Chancery, Strategic sustainable investing, Shareholder, Employment, World3 nonrenewable resource sector, MASI, CalSTRS, Security (finance), Vinnie Politan, Masimo

Politan Capital Management (together with its affiliates, “Politan”), a 9% stockholder of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI) today announced that the California State Teachers’ Retirement System (CalSTRS) has joined Politan’s ongoing legal action against Masimo and its Board of Directors (the “Board”).

Key Points:

Politan Capital Management (together with its affiliates, “Politan”), a 9% stockholder of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI) today announced that the California State Teachers’ Retirement System (CalSTRS) has joined Politan’s ongoing legal action against Masimo and its Board of Directors (the “Board”).
Politan’s lawsuit, filed in the Court of Chancery of the State of Delaware, challenges the validity and legality of the employment agreement (the “Employment Agreement”) of Masimo’s Chairman and Chief Executive Officer (“CEO”) Joe Kiani.
The Masimo CEO’s employment agreement is not only counter to the best interests of the Company’s stockholders, but also sets a dangerous precedent.
The Employment Agreement renews every year, has no expiration date, and nonrenewal by the Board entitles Mr. Kiani to terminate his employment and receive the Special Payment.