Impax Asset Management Group

EQS-News: VERBUND AG: Acquisition of a 56.4 MW wind portfolio in Germany

Retrieved on: 
Thursday, October 26, 2023

VERBUND AG hereby announces the acquisition of a 56.4 MW wind portfolio in Germany’s federal states of Hesse, North Rhine-Westphalia and Lower Saxony.

Key Points: 
  • VERBUND AG hereby announces the acquisition of a 56.4 MW wind portfolio in Germany’s federal states of Hesse, North Rhine-Westphalia and Lower Saxony.
  • The wind portfolio comprises five operational wind farms with a total capacity of 38.4 MW (Oedelum, Quelkhorn, Mariengarten, Münster and Frielendorf Süd) as well as a 18 MW wind project in Feldatal that is planned to come on stream in quarter 3/2024.
  • VERBUND’s 2030 strategy is to significantly expand solar and wind power so that around 20–25% of its total electricity is generated from photovoltaic systems and onshore wind power plants by 2030.
  • The current acquisition is another step towards achieving this target and, along with the existing wind power plants in Rhineland-Palatinate with a total capacity of 86 MW, will enable VERBUND to expand its position in its extended home market of Germany.

MAI Capital Management, LLC Acquires Asset Management Group, LTD

Retrieved on: 
Tuesday, August 1, 2023

MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in goals-based, personalized investment and financial planning for high-net-worth business owners, entrepreneurs, families, entertainers, and athletes, has acquired Asset Management Group in Northbrook, Illinois.

Key Points: 
  • MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in goals-based, personalized investment and financial planning for high-net-worth business owners, entrepreneurs, families, entertainers, and athletes, has acquired Asset Management Group in Northbrook, Illinois.
  • “Having known him for many years, we are thrilled to welcome Glenn and his AMG staff to our team in the Midwest,” said Phil Cole, Regional President, MAI Capital.
  • Movish assumes the role of Senior Wealth Advisor, Managing Director at MAI, bringing over 35 years of experience in wealth management.
  • Asset Management Group joined MAI effective July 31, 2023 as MAI’s 30th acquisition.

Antares Capital Expands Coverage into Europe with Appointment of Sheila Brown

Retrieved on: 
Monday, June 5, 2023

Antares Capital (“Antares”) announced today that Sheila Brown has joined the firm as Managing Director, Head of UK/Europe Investor Coverage within Antares’ Asset Management Group.

Key Points: 
  • Antares Capital (“Antares”) announced today that Sheila Brown has joined the firm as Managing Director, Head of UK/Europe Investor Coverage within Antares’ Asset Management Group.
  • Ms. Brown was Hayfin’s first dedicated UK-focused business developer, and also served as chair of the firm’s ESG Committee.
  • “We are pleased to welcome Sheila to our Investor Coverage team,” said Timothy Lyne, CEO of Antares Capital.
  • “Antares’ long and established track-record and extensive experience across market cycles gives the firm a strong advantage as it expands its coverage abroad,” said Ms. Brown.

University of Chicago's Market Shaping Accelerator Launches $2 Million Innovation Challenge

Retrieved on: 
Thursday, May 25, 2023

CHICAGO, May 25, 2023 /PRNewswire/ -- The University of Chicago's Market Shaping Accelerator (MSA) today announced its $2 million Innovation Challenge. Launched earlier this month, the MSA aims to accelerate efforts to address major global challenges by leveraging the power of incentives, competition, and private sector innovation. In its first year, the MSA and Innovation Challenge are focused on incentivizing groundbreaking solutions for climate change, biosecurity, and pandemic preparedness.

Key Points: 
  • Newly launched Accelerator to crowdsource ideas and support innovations to address global threats related to climate change, biosecurity, and pandemic preparedness
    CHICAGO, May 25, 2023 /PRNewswire/ -- The University of Chicago's Market Shaping Accelerator (MSA) today announced its $2 million Innovation Challenge.
  • In its first year, the MSA and Innovation Challenge are focused on incentivizing groundbreaking solutions for climate change, biosecurity, and pandemic preparedness.
  • The MSA will then work with policymakers, domain experts and funders to develop market shaping instruments tailored to selected problems.
  • Market shaping uses economic tools to solve market failures where commercial incentives for innovation trail behind societal needs.

Sunraycer Renewables Appoints Former Constellation Energy Leader David Lillefloren as CEO

Retrieved on: 
Wednesday, May 17, 2023

ANNAPOLIS, Md., May 17, 2023 /PRNewswire/ -- Sunraycer Renewables ("Sunraycer"), an Annapolis, MD based renewable energy platform, which was previously known as Crayhill Renewables, is pleased to announce the appointment of David Lillefloren as CEO.

Key Points: 
  • ANNAPOLIS, Md., May 17, 2023 /PRNewswire/ -- Sunraycer Renewables ("Sunraycer"), an Annapolis, MD based renewable energy platform, which was previously known as Crayhill Renewables, is pleased to announce the appointment of David Lillefloren as CEO.
  • Currently, Sunraycer owns and is developing over 20 projects, predominantly in Texas, with aggregate clean energy output of over 4 GW.
  • Mr. Lillefloren previously worked for Constellation Energy ("Constellation") as a Director in the Asset Management & Power Services group for 18 years.
  • Sunraycer recently raised capital from several new institutional partners, positioning the platform to capitalize on the growing demand for renewable energy.

The University of Chicago Launches Market Shaping Accelerator to Address Global Challenges

Retrieved on: 
Wednesday, May 10, 2023

CHICAGO, May 10, 2023 /PRNewswire/ -- The University of Chicago has announced the launch of the Market Shaping Accelerator (MSA), an initiative aimed at accelerating efforts to address major global challenges – such as climate change, biosecurity, and pandemic preparedness – by leveraging the power of incentives, competition, and private sector innovation.

Key Points: 
  • CHICAGO, May 10, 2023 /PRNewswire/ -- The University of Chicago has announced the launch of the Market Shaping Accelerator (MSA), an initiative aimed at accelerating efforts to address major global challenges – such as climate change, biosecurity, and pandemic preparedness – by leveraging the power of incentives, competition, and private sector innovation.
  • Threats to the global community — such as climate change and pandemics — demand urgent innovation and action at scale.
  • "Climate change and pandemics could both threaten to devastate our economies and societies," said Michael Kremer, University Professor in Economics, University of Chicago and 2019 Nobel Laureate.
  • Market shaping uses economic tools to solve market failures where commercial incentives for innovation trail behind societal needs.

DSM-FIRMENICH ANNOUNCES EVOLUTION OF CEO STRUCTURE PER 1 SEPTEMBER, FOLLOWING COMPLETION OF THE MERGER

Retrieved on: 
Thursday, May 4, 2023

The Board of Directors of DSM-Firmenich AG (the Company or DSM-Firmenich) announces an evolution in the company's CEO structure as the company completes its merger of equals with Firmenich International SA on 8 May 2023.

Key Points: 
  • The Board of Directors of DSM-Firmenich AG (the Company or DSM-Firmenich) announces an evolution in the company's CEO structure as the company completes its merger of equals with Firmenich International SA on 8 May 2023.
  • He started his career in PWC followed by Hewlett Packard where he spent seven years in various leadership roles.
  • Ralf will take on the role of CFO and join the Executive Committee of DSM-Firmenich as of 1 September 2023.
  • The DSM and Firmenich merger is extremely exciting, bringing together very complementary cultures and capabilities.

Girl Scouts Recognizes Equal Pay Day, Acknowledging Seven Partners Committed to Gender Parity

Retrieved on: 
Tuesday, March 14, 2023

NEW YORK, March 14, 2023 /PRNewswire/ -- Today, Girl Scouts of the USA (GSUSA) recognizes seven partners that have been assessed and certified through Girl Scouts' Fair Play, Equal Pay® Gender Parity Initiative. These  vendors and investment fund managers have pledged to advance gender parity within their organizations and business sectors, helping to build an equitable future for girls. These seven partners include Barrow Hanley, Impax Asset Management, NEPC, Sunshine Sachs Morgan & Lylis, Softtek, WTW, and Zoom.

Key Points: 
  • Girl Scouts' Fair Play, Equal Pay® Gender Parity Initiative has been embraced by seven partners that have committed to achieve 30% diverse female leadership by 2030 and equal pay for equal work at each of their organizations.
  • NEW YORK, March 14, 2023 /PRNewswire/ -- Today, Girl Scouts of the USA (GSUSA) recognizes seven partners that have been assessed and certified through Girl Scouts' Fair Play, Equal Pay® Gender Parity Initiative.
  • These newly certified partners have made a commitment to Girl Scouts' Gender Parity Initiative and have:
    1.
  • Signed a parity pledge in which they publicly committed to achieve 30% diverse female leadership and equal pay for equal work by the year 2030 within their organization.

Pallas Capital launches Pallas Institute financial literacy program and graduates inaugural class of college interns

Retrieved on: 
Wednesday, January 18, 2023

BRAINTREE, Mass., Jan. 18, 2023 /PRNewswire/ -- Pallas Capital Advisors, LLC ("Pallas Capital"), a leading independent financial planning and investment advisory firm, today announced the launch of Pallas Institute, an intensive two-day financial literacy and investment education program.

Key Points: 
  • BRAINTREE, Mass., Jan. 18, 2023 /PRNewswire/ -- Pallas Capital Advisors, LLC ("Pallas Capital"), a leading independent financial planning and investment advisory firm, today announced the launch of Pallas Institute, an intensive two-day financial literacy and investment education program.
  • The inaugural Pallas Institute program filled all available seats in just two weeks – demonstrating the high demand for such training.
  • "The program was timed to align with winter college breaks, and we required that students attend in-person," said Taylor McCormack, the Pallas Institute Program Director.
  • To partner with Pallas Capital in the future with their mission to promote financial literacy and investment education, please contact Taylor McCormack at [email protected] .

Diffractive Managers Group and Alternative Impact Asset Manager Conservation Resource Partners Announce Deal

Retrieved on: 
Wednesday, January 11, 2023

BOSTON and EXETER, N.H., Jan. 11, 2023 /PRNewswire/ -- Diffractive Managers Group, the multi-affiliate asset manager and centralized distribution platform launched by 1251 Capital Group, today announced it has entered into a partnership with Conservation Resource Partners, LLC ("Conversation Resources"), a leading alternative investment firm focused on impact real asset investing. Conservation Resources' unique strategies combine impact investments in real assets and associated value chain entities to generate alpha while also enhancing the impact outcomes of the land and associated assets it invests.

Key Points: 
  • BOSTON and EXETER, N.H., Jan. 11, 2023 /PRNewswire/ -- Diffractive Managers Group , the multi-affiliate asset manager and centralized distribution platform launched by 1251 Capital Group , today announced it has entered into a partnership with Conservation Resource Partners, LLC ("Conversation Resources"), a leading alternative investment firm focused on impact real asset investing.
  • The new partnership brings Conservation Resources' regenerative farmland and impact timberland strategies to Diffractive's already unique product set and further bolstering Diffractive's alternative impact offering's alongside Greenbacker Capital Management and Gitterman Wealth Management.
  • Conservation Resources will be well positioned for continued growth by leveraging Diffractive's expertise in multi-channel distribution and product structuring expertise.
  • Under the terms of the agreement, Diffractive will acquire an equity stake in Conservation Resources and have two members join Conservation Resources' Board of Directors.