ORIX

Potential for €2.55 billion Sustainable Aviation Fuel (SAF) Industry in Ireland by 2050

Retrieved on: 
Wednesday, October 25, 2023
Automotive Manufacturing, Other Transport, Green Technology, Manufacturing, Environment, Air, Transport, Sustainability, Finance, Professional Services, Other Energy, Oil, Gas, Alternative Energy, Energy, Other Travel, Transportation, Engineering, Travel, Aircraft, Science Foundation Ireland, Government, DECC, DOT, Renewable energy, Research, Policy, Aviation biofuel, Water, Heart, Structural adjustment, PTL, LTAG, State, SCI, Irish government response to the COVID-19 pandemic, Business development, Biofuel, Workforce, Carbon, Wind, Enterprise Ireland, DAFM, EII, ORIX, Minister for Enterprise, Trade and Employment, Hydrogen, Aviation, European Green Deal, Enterprise, ICAO, Commission on the Future of the United States Aerospace Industry, European, Plant, Employment, Private sector, Electrolysis, Partnership, TD, SAF, CO2, CFO, IATA, SFS, International Civil Aviation Organization, Airport, Natural gas, Airline, Avolon, EU, Boeing

Ireland has the potential to develop a sustainable aviation fuel (SAF) industry generating revenue of €2.55 billion by 2050 and providing up to 1,000 high-skilled jobs.

Key Points: 
  • Ireland has the potential to develop a sustainable aviation fuel (SAF) industry generating revenue of €2.55 billion by 2050 and providing up to 1,000 high-skilled jobs.
  • The study - Ireland’s Sustainable Aviation Fuel Opportunity - was launched today by the Minister for Enterprise, Trade and Employment, Simon Coveney TD, and looks at the key role SAF will play in helping the aviation industry achieve its net zero goal by 2050.
  • The European Union’s ReFuelEU initiative obligates fuel suppliers to blend SAF into the fuel available at all EU airports, rising from 6% SAF by 2030, to 70% by 2050.
  • To meet EU mandated SAF volumes alone, Ireland will require approximately 10 SAF plants of 80 kilo tonnes production capacity each.

Mercatus Finance Announces Launch of Cash Flow Lending Business with Backing from Arena Investors

Retrieved on: 
Friday, October 13, 2023
Pillar, Investment, Intermediate Capital Group, ORIX, GB, Security (finance), Real estate, Mercatus

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- Mercatus Finance ("Mercatus"), a cash flow lending specialty finance company, announced its official launch.

Key Points: 
  • NEW YORK, Oct. 13, 2023 /PRNewswire/ -- Mercatus Finance ("Mercatus"), a cash flow lending specialty finance company, announced its official launch.
  • Strategically backed with equity from Arena Investors, LP ("Arena"), Mercatus fills an important void for smaller companies seeking cash flow based loans from $20 million to $75 million.
  • Mercatus also has the flexibility, primarily in conjunction with first lien loans, to consider smaller second lien and subordinated debt and equity investments.
  • Mercatus targets lending to companies across industries requiring liquidity to support business transitions, organic growth, acquisitions, restructurings, and changes in ownership or control.

ORIX USA Names Benjamin Wu as Head of East Coast for Growth Capital Business

Retrieved on: 
Wednesday, August 23, 2023
Asset Management, Professional Services, Finance, BAM, Sixth Street Partners, Growth capital, Software as a service, Partnership, University, Senior, Wharton School of the University of Pennsylvania, Space Solar Power Exploratory Research and Technology program, MBA, Harvard Law School, Orix, MSE, Investment, Corporate services, JD, Management, Principal, Longevity, ORIX, Software, Security (finance), Science, Engineering, Growth

ORIX Corporation USA (ORIX USA) today announced the appointment of Benjamin (Ben) Wu as Managing Director and Head of East Coast for its Growth Capital business.

Key Points: 
  • ORIX Corporation USA (ORIX USA) today announced the appointment of Benjamin (Ben) Wu as Managing Director and Head of East Coast for its Growth Capital business.
  • Mr. Wu is based in New York and will report to Jeff Bede, Head of Growth Capital.
  • In this new role, he will work closely with Bill Bishop, Managing Director, Growth Capital, and Mr. Bede to drive investments and the strategic development of ORIX USA’s Growth Capital business on the East Coast.
  • “There is increasing demand for growth capital from institutional investors and expanding our East Coast presence is a key growth initiative for us.

ORIX Submits Form 20-F for Filing for the Fiscal Year Ended March 31, 2023

Retrieved on: 
Tuesday, June 27, 2023
Finance, Banking, Professional Services, Asset Management, Insurance, IX, Orix, ORIX, NYSE, Cryptocurrency, Audit, Security (finance)

ORIX Corporation (TOKYO: 8591; NYSE: IX; ISIN:JP3200450009) has submitted its annual Form 20-F for the fiscal year ended March 31, 2023 to the U.S. Securities and Exchange Commission on June 26, 2023.

Key Points: 
  • ORIX Corporation (TOKYO: 8591; NYSE: IX; ISIN:JP3200450009) has submitted its annual Form 20-F for the fiscal year ended March 31, 2023 to the U.S. Securities and Exchange Commission on June 26, 2023.
  • Please find online versions of the file available for download, as well as a link to the SEC EDGAR format, on ORIX’s website at: https://www.orix.co.jp/grp/en/ir/library/20f/index.html
    ORIX also provides hard copies of the completed audited financial statements free of charge to our shareholders upon request.
  • To receive a copy, please fill out and submit an “Investor Information Request Form” available at: https://www.orix.co.jp/grp/en/contact/inquiry-eng.html

MGM RESORTS INTERNATIONAL ANNOUNCES OFFICIAL CERTIFICATION OF ITS AREA DEVELOPMENT PLAN IN OSAKA

Retrieved on: 
Friday, April 14, 2023
MGM, MGM Resorts International, Government of Japan, Tourism, Ministry of Land, Infrastructure, Transport and Tourism, Plan, Transport, Integrated resort, Government, Certification, Ministry, Orix, ORIX, NYSE, Hotel

LAS VEGAS, April 14, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that Japan's Ministry of Land, Infrastructure, Transport and Tourism has officially certified the Area Development Plan submitted last year by Osaka Prefecture/City and by Osaka IR KK, a joint venture between MGM Resorts Japan and ORIX Corporation ("ORIX"). The certification is one of the final steps in the licensing process under Japan's Integrated Resort Development Act and paves the way for MGM Resorts Japan and ORIX to finalize agreements with Osaka Prefecture/City on the construction of a new approximately $10 billion development project.

Key Points: 
  • LAS VEGAS, April 14, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that Japan's Ministry of Land, Infrastructure, Transport and Tourism has officially certified the Area Development Plan submitted last year by Osaka Prefecture/City and by Osaka IR KK, a joint venture between MGM Resorts Japan and ORIX Corporation ("ORIX").
  • The certification is one of the final steps in the licensing process under Japan's Integrated Resort Development Act and paves the way for MGM Resorts Japan and ORIX to finalize agreements with Osaka Prefecture/City on the construction of a new approximately $10 billion development project.
  • "It is an honor to be selected by the Government of Japan to develop a tourism project of this scale," said MGM Resorts CEO & President Bill Hornbuckle.
  • MGM and ORIX, together with Osaka Prefecture/City, submitted an Area Development Plan to the Government of Japan during the October 2021 to April 2022 application period.

ORIX Capital Partners Names George S. Rogers Executive Chairman of Optimal

Retrieved on: 
Thursday, March 9, 2023
Professional Services, Data Management, Data Analytics, Technology, Software, Finance, Banking, Spend, Fantastic Four (2015 film), Acquisition, OCP, Social media, Growth, Bank of America, MillerCoors, ORIX, MML Capital Partners, Walgreens Boots Alliance, WPP, Organization, Ford Motor Company, Bank, Senior, Management, Amazon, Mathematical optimization, Pfizer

ORIX Capital Partners (OCP) today announced the appointment of George S. Rogers as Executive Chairman of Optimal, OCP’s digital performance marketing portfolio company.

Key Points: 
  • ORIX Capital Partners (OCP) today announced the appointment of George S. Rogers as Executive Chairman of Optimal, OCP’s digital performance marketing portfolio company.
  • Mr. Rogers is an industry veteran who joins Optimal with more than 40 years of agency experience in business development, executive leadership and global client relations.
  • In his new role at Optimal, Mr. Rogers will be responsible for business development and overall leadership of the company, alongside Optimal’s Chief Executive Officer Michael Bassik and Co-Founder Kevin Weisberg.
  • “With best-in-class, full range capabilities, and financial backing from an operationally focused partner like ORIX Capital Partners, Optimal is the ideal partner to help brands and organizations address these needs.

ORIX Corporation USA Strengthens Asset Management Client Coverage and Distribution with Senior Hires

Retrieved on: 
Tuesday, February 14, 2023
Asset Management, Professional Services, Finance, Asset management, Private credit, ORIX, Probitas Partners, Marketing, Senior, EUR, ESG, Executive Committee, Orix, CIO, Oaktree Capital Management, Financial services, Security (finance), Robeco

ORIX Corporation USA (ORIX USA) today announced two recent senior Investor Solutions hires within its Asset Management business as the firm continues to strengthen distribution capabilities for its integrated private markets product offering.

Key Points: 
  • ORIX Corporation USA (ORIX USA) today announced two recent senior Investor Solutions hires within its Asset Management business as the firm continues to strengthen distribution capabilities for its integrated private markets product offering.
  • In November 2022, Mr. Van Hassel was named Senior Managing Director, ORIX USA Group Head of Asset Management, overseeing the execution of the group asset management business strategy and strengthening the integration of product offerings, and was also named to ORIX USA’s Board of Directors.
  • Mr. Van Hassel has been with ORIX USA since early last year and was previously CEO of Robeco, the Rotterdam-based international asset management firm.
  • Additionally, Jeff Abrams, formerly CIO of Asset Management, was promoted to Senior Managing Director, ORIX USA Group Head of Private Credit to oversee the firm’s integrated private credit platform.

National Leaders in Urban Redevelopment and Neighborhood Transformation Share Best Practices and Trends for 2023

Retrieved on: 
Tuesday, November 29, 2022
National Voting Rights Museum, Housing, Violence, Pulitzer Prize, City, Implementation, Community, Economic mobility, Education, Government, Local, Civil and political rights, ORIX, Housing Stability and Tenant Protection Act of 2019, USI, McCormack Baron Salazar, Culture, The Death and Life of Great American Cities, U.S. Bancorp, Michelle McMurry-Heath, PolicyLink, Matthew Desmond, Union Trust Building (Seattle), HUD, Poverty, Housing Authority of the City of Milwaukee, Principal, Management, Princeton University

FORT MYERS, Fla., Nov. 29, 2022 /PRNewswire/ -- Some of the country's most influential leaders in urban redevelopment and neighborhood transformation will meet in Fort Myers for a convening of Choice Neighborhood Initiative Planning and Implementation grantees.

Key Points: 
  • FORT MYERS, Fla., Nov. 29, 2022 /PRNewswire/ -- Some of the country's most influential leaders in urban redevelopment and neighborhood transformation will meet in Fort Myers for a convening of Choice Neighborhood Initiative Planning and Implementation grantees.
  • The conference titled,Choice MEANS Choice: Anchoring Equity and Culture,will be held from November 30 December 2 at the Luminary Hotel.
  • Leaders in government, education, neighborhood transformation, business, urban redevelopment, non-profit and more will share best practices and trends for 2023.Some of the topics addressed will include:Strategies of Economic Mobility, Affordable Housing of the Future, Youth Violence and Community, Wealth Creation and Systems Change, Proactive Alignment and Trust-Building, Housing Stability,and more.
  • Founded in 1978, the organization is leading people efforts and neighborhood transformation in 23 cities and 40 neighborhoods across the nation.

ORIX Corporation USA Completes Equity Investment in Texas Wind Power Farm

Retrieved on: 
Wednesday, September 28, 2022
Agriculture, Oil, Gas, Natural Resources, Environment, Finance, Alternative Energy, Energy, Professional Services, ORIX, IX, Orix, Climate change, Investment, Electricity, Tokyo Stock Exchange, Wind, New York Stock Exchange, Vinson & Elkins, Digestion, Renewable energy

ORIX Corporation USA (ORIX USA) announced today the completion of an equity investment by its Strategic Solutions group in a 150 MW wind power farm located near Amarillo, TX.

Key Points: 
  • ORIX Corporation USA (ORIX USA) announced today the completion of an equity investment by its Strategic Solutions group in a 150 MW wind power farm located near Amarillo, TX.
  • The wind power farm consists of 75 wind turbines that supply electricity to communities in Armstrong and Carson counties and surrounding areas.
  • This transaction is ORIX USAs first investment in U.S. wind energy and represents the platforms growing focus on renewables through strategic, innovative investments in solar, biofuel and wind projects.
  • In the past two years, ORIX USAs parent company ORIX Group has also made a significant investment in global renewable energy company Elawan Energy S.L.

DalFort Capital Partners Announces Addition of Bill Floyd and Promotion of Jack Lindsley

Retrieved on: 
Tuesday, August 30, 2022
Research, Solution, McCombs School of Business, Baylor University, University, Chartered, MBA, BBA, CFA Institute, Business, Wells Fargo, ORIX, University of Texas at Austin, Financial services, Management

DALLAS, Aug. 30, 2022 /PRNewswire/ --DalFort Capital Partners ("DalFort") is pleased to announce the addition of Bill Floyd as Managing Director and the promotion of Jack Lindsley to Vice President.

Key Points: 
  • DALLAS, Aug. 30, 2022 /PRNewswire/ --DalFort Capital Partners ("DalFort") is pleased to announce the addition of Bill Floyd as Managing Director and the promotion of Jack Lindsley to Vice President.
  • DalFort Capital Partners Announces Addition of Bill Floyd and Promotion of Jack Lindsley.
  • Prior to joining DalFort Capital Partners, Bill spent ten years at ORIX Private Equity Solutions focused on investing equity in lower-mid to middle-market companies throughout North America.
  • DalFort is currently investing out of its inaugural fund, DalFort Capital Partners Fund I, L.P.