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Genesis Park Acquisition Corp. Announces Effectiveness Of Registration Statement And Extraordinary Meeting Date In Connection With Proposed Business Combination With Redwire

Retrieved on: 
Wednesday, August 11, 2021

333-257710), which includes Genesis Park's definitive proxy statement/prospectus in connection with Genesis Park's Extraordinary General Meeting of shareholders relating to the previously announced business combination (the "Business Combination") with Redwire.

Key Points: 
  • 333-257710), which includes Genesis Park's definitive proxy statement/prospectus in connection with Genesis Park's Extraordinary General Meeting of shareholders relating to the previously announced business combination (the "Business Combination") with Redwire.
  • The Extraordinary General Meeting of Genesis Park's shareholders will be held at 10:00 a.m. Eastern Time on September 1, 2021 in connection with the Business Combination.
  • Paul Hobby, CEO of Genesis Park, said, "We are pleased to reach this milestone on Redwire's path to becoming a public company.
  • Assuming no redemptions by Genesis Park stockholders, the Business Combination is expected to deliver approximately $170 million cash to the Redwire balance sheet.

Aviation Expert Erik Deutsch Joins AE Industrial Partners Aerospace Opportunities Fund as Chief Technical Officer

Retrieved on: 
Tuesday, August 10, 2021

BOCA RATON, Fla., Aug. 10, 2021 /PRNewswire/ --AE Industrial Partners, LP ("AEI"), a private equity firm specializing in Aerospace, Defense & Government Services, Space, Power Generation, and Specialty Industrial markets, announced today that Erik Deutsch, a 25-year plus aviation expert, has joined the firm as Chief Technical Officer of the AE Industrial Aerospace Opportunities Fund, effective immediately.

Key Points: 
  • BOCA RATON, Fla., Aug. 10, 2021 /PRNewswire/ --AE Industrial Partners, LP ("AEI"), a private equity firm specializing in Aerospace, Defense & Government Services, Space, Power Generation, and Specialty Industrial markets, announced today that Erik Deutsch, a 25-year plus aviation expert, has joined the firm as Chief Technical Officer of the AE Industrial Aerospace Opportunities Fund, effective immediately.
  • In this new role, Mr. Deutsch will oversee all technical management of assets, acquisition analysis, technical deal strategy, lease portfolio management, and the lease delivery and redelivery processes for the AE Industrial Partners Aerospace Opportunities Fund.
  • "I am excited to help the AEI Aerospace Opportunities Fund manage its existing portfolio, as well as identify new investment opportunities."
  • AE Industrial Partners is a private equity firm specializing in aerospace, defense & government services, space, power generation, and specialty industrial markets.

Covenant Capital Group Raises $600 Million for Covenant Apartment Fund X, L.P.

Retrieved on: 
Monday, August 9, 2021

On June 30th, Covenant Apartment Fund X, L.P. closed with $600 million of committed capital.

Key Points: 
  • On June 30th, Covenant Apartment Fund X, L.P. closed with $600 million of committed capital.
  • Fund X capital commitments exceeded those in Covenants prior fund, Covenant Apartment Fund IX, L.P by over 50%.
  • Covenant closed Fund IX in 2018 with $395 million of committed capital.
  • Covenant Capital Group, a real estate investment management company formed in 2001, focuses on revitalizing apartment communities into premier, institutional quality assets.

Pangiam Announces the Appointment of Iyad Hindiyeh as CEO of Pangiam Technologies

Retrieved on: 
Monday, August 9, 2021

"We are delighted to welcome Iyad to the Pangiam family," said Kevin McAleenan, Pangiam's Chief Executive Officer.

Key Points: 
  • "We are delighted to welcome Iyad to the Pangiam family," said Kevin McAleenan, Pangiam's Chief Executive Officer.
  • We know that Iyad's expertise, particularly in the aviation and technology sectors, will be an asset to our business as we continue reinventing global travel."
  • Iyad is member of the ACI World Airport IT Strategic Committee (WAITSC) and has successfully directed and led multiple complex projects in the Aviation Sector worldwide.
  • DeMeakey joins Pangiam from The Crane Consulting Firm, an international consulting firm, where he served as Founder and CEO.

Pangiam Announces Two New Board Members

Retrieved on: 
Monday, August 2, 2021

Pangiam announces two new board members from FAA and IBM to advise the company that is delivering the future of travel.

Key Points: 
  • Pangiam announces two new board members from FAA and IBM to advise the company that is delivering the future of travel.
  • "We are excited to welcome Rod and Michael to our Board of Directors," said Kevin McAleenan, CEO of Pangiam.
  • I look forward to working alongside them both and our other board members to build on Pangiam's success."
  • "I am pleased to join the Pangiam board and to have the opportunity to work with such a talented and experienced team.