TIG

BTG Pactual Timberland Investment Group raises US$ 1.24 billion for core Latin America timberland strategy, exceeding target size

Retrieved on: 
Tuesday, April 30, 2024

The BTG Pactual Timberland Investment Group (TIG) announced today that it has finalized fundraising for BTF II, with equity commitments, including co-investments, totaling US$ 1.24 billion, exceeding its target size.

Key Points: 
  • The BTG Pactual Timberland Investment Group (TIG) announced today that it has finalized fundraising for BTF II, with equity commitments, including co-investments, totaling US$ 1.24 billion, exceeding its target size.
  • The BTG Pactual Timberland Investment Group (TIG) is one of the world’s largest timberland managers with US$ 6.9 billion assets and commitments and nearly 3 million acres under management throughout the U.S. and Latin America (as of Q1, 2024).
  • BTG Pactual (BPAC11) is the largest investment bank in Latin America, with a market capitalization of approximately US$ 25 billion, offering a diverse range of services, including Investment Banking, Corporate Lending, Sales & Trading, Asset Management, Wealth Management, and Banking.
  • BTG Pactual Asset Management is a division of BTG Pactual with an international presence and US$ 177 billion in assets under management and administration.

Trean Streamlines Workers’ Comp Operations Across U.S. With Origami Risk’s Core Suite

Retrieved on: 
Wednesday, April 10, 2024

Trean Insurance Group (TIG), a full-service property and casualty insurance and reinsurance company delivering comprehensive insurance solutions through its family of highly rated and broadly licensed insurance companies—Benchmark, 7710, and American Liberty—has successfully completed the implementation of Origami Risk’s multi-tenant core property and casualty solution suite.

Key Points: 
  • Trean Insurance Group (TIG), a full-service property and casualty insurance and reinsurance company delivering comprehensive insurance solutions through its family of highly rated and broadly licensed insurance companies—Benchmark, 7710, and American Liberty—has successfully completed the implementation of Origami Risk’s multi-tenant core property and casualty solution suite.
  • This milestone marks a significant transformation for Trean's monoline workers’ compensation business, enhancing policy administration, billing, and claims functionality across its nationwide operations.
  • “The Origami solution is central to our organization’s goal of combining underwriting, claims, loss control, and analytical expertise to provide customized insurance for successful, long-lasting partnerships,” said Julie Baron, CEO, Trean.
  • “Origami’s single instance multi-tenant SaaS platform was built to empower P&C insurers to meet business requirements faster without the need for time-consuming and expensive coding.

OTC Markets Group Welcomes Team Internet Group PLC to OTCQX

Retrieved on: 
Tuesday, April 9, 2024

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Team Internet Group PLC (AIM: TIG; OTCQX: TIGXF), a leading global internet solutions company, has qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Team Internet Group PLC (AIM: TIG; OTCQX: TIGXF), a leading global internet solutions company, has qualified to trade on the OTCQX® Best Market.
  • Team Internet Group PLC upgraded to OTCQX from the Pink® market.
  • Team Internet Group PLC begins trading today on OTCQX under the symbol “TIGXF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
  • Michael Riedl, CEO of Team Internet, commented: “As we mark the beginning of our trading on OTCQX, we are not just opening a new chapter for Team Internet Group Plc.

Vishay Intertechnology IGBT Power Modules in Redesigned INT-A-PAK Package Reduce Conduction and Switching Losses

Retrieved on: 
Wednesday, February 21, 2024

MALVERN, Pa., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced five new half-bridge IGBT power modules in the newly redesigned INT-A-PAK package. Built on Vishay’s Trench IGBT technology, the VS-GT100TS065S, VS-GT150TS065S, VS-GT200TS065S, VS-GT100TS065N, and VS-GT200TS065N offer designers a choice of two best in class technologies — low VCE(ON) or low Eoff — to lower conduction or switching losses in high current inverter stages for transportation, energy, and industrial applications.

Key Points: 
  • Built on Trench IGBT Technology, Half-Bridge Devices Offer Choice of Low VCE(ON) or Low Eoff for High-Current Inverter Stages
    MALVERN, Pa., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced five new half-bridge IGBT power modules in the newly redesigned INT-A-PAK package.
  • Offering a new gate pin orientation, the modules’ compact INT-A-PAK package is now 100 % compatible with the 34 mm industry-standard package to offer a mechanical drop-in replacement.
  • For high frequency power applications, the VS-GT100TS065N and VS-GT200TS065N offer extremely low switching losses, with Eoff down to 1.0 mJ at +125 °C and rated current.
  • UL-approved file E78996, the devices can be directly mounted to heatsinks and offer low EMI to reduce snubbing requirements.

Caddo Appoints Andres Mezzano as New President

Retrieved on: 
Monday, January 22, 2024

“We’re thrilled to welcome Andres as Caddo’s new President and are confident that we have found a leader who understands Caddo’s legacy and can continue to sustain and grow the asset,” said Gerrity Lansing, Head of TIG and Interim Chairman of Caddo’s Board of Directors. “Andres’ broad range of experience -- matched with his deep knowledge of the region where Caddo operates and the stakeholders we work with -- makes him the ideal candidate to continue Caddo’s rich history of timberland and natural resources management through a commitment to stewardship, sustainability, and impact.”

Key Points: 
  • Caddo Sustainable Timberlands, LP (“Caddo”), the largest private timberland owner in Texas, announces the appointment of Andres Mezzano to the role of President.
  • Andres has over 25 years of domestic and international timberland experience, with a focus on business development, strategic planning, timberland acquisitions, and silviculture investments.
  • Most recently, Andres was Director of Business Development for Rayonier, where he was employed since 2003.
  • “Andres’ broad range of experience -- matched with his deep knowledge of the region where Caddo operates and the stakeholders we work with -- makes him the ideal candidate to continue Caddo’s rich history of timberland and natural resources management through a commitment to stewardship, sustainability, and impact.”
    “I am deeply honored that the Board has selected me to lead Caddo as its next President,” said Andres Mezzano.

Arc Welding Robots Market to increase by USD 708.44 million during 2022-2027; Growing popularity of industrial robots in APAC to drive the growth - Technavio

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The arc welding robots market size is expected to grow by USD 708.44 million between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The arc welding robots market size is expected to grow by USD 708.44 million between 2022 and 2027.
  • The growing popularity of industrial robots in APAC drives market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View a Free PDF Sample
    The report recognizes the following as some of the key players in the arc welding robots market: ABB Ltd., Arrowtek Robotic Pvt.

Xaba Closes $2 Million Seed Extension to Deliver Intelligent, Self-programming Robotic Systems for Manufacturing

Retrieved on: 
Tuesday, January 9, 2024

The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures .

Key Points: 
  • The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures .
  • The investment will be used to establish and staff a new robotics lab and accelerate the delivery of two Xaba manufacturing platforms.
  • Xaba is augmenting industrial robots and cobots with xCognition, an artificial intelligence (AI)-powered software solution.
  • xCognition leverages innovative proprietary machine learning algorithms to model the elasto-mechanical-dynamic behavior of industrial robotics and cobots, as well as workpiece variances.

Transwestern Partners With Altus Power to Explore Decarbonization Opportunities

Retrieved on: 
Wednesday, November 8, 2023

Transwestern Investment Group (TIG®) and Altus Power , the leading commercial-scale provider of clean electric power, today announced an exclusive strategic partnership to explore the development and construction of solar arrays and battery storage solutions for a subset of TIG’s industrial real estate properties, furthering Transwestern’s commitment to its stated ESG objectives .

Key Points: 
  • Transwestern Investment Group (TIG®) and Altus Power , the leading commercial-scale provider of clean electric power, today announced an exclusive strategic partnership to explore the development and construction of solar arrays and battery storage solutions for a subset of TIG’s industrial real estate properties, furthering Transwestern’s commitment to its stated ESG objectives .
  • Through this partnership, which aligns with TIG’s pledge to foster sustainable investing , the companies plan to evaluate opportunities for solar projects across 24 industrial and logistics properties totaling more than 8.2 million square feet.
  • In addition to the building-sited, locally generated solar power, Altus Power and TIG will explore implementing battery storage and fleet electric-vehicle charging infrastructure.
  • “Our partnership with Altus Power highlights our commitment to deliver on sustainability objectives and drive value for our investors as well as prospective tenants,” said Gary Jaye, Chief Investment Officer of TIG.

Malaysia releases Simplified ESG Disclosure Guide for SMEs in Supply Chains

Retrieved on: 
Wednesday, October 18, 2023

First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.

Key Points: 
  • First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.
  • KUALA LUMPUR, Oct 18, 2023 - (ACN Newswire) - Capital Markets Malaysia ("CMM"), an affiliate of the Securities Commission Malaysia ("SC"), today launched a Simplified ESG Disclosure Guide ("SEDG"), making Malaysia the first country globally to provide small-to-medium enterprises ("SMEs") within global supply chains with a streamlined and standardised set of guidelines in relation to environment, social and governance ("ESG") disclosures.
  • In formulating the Guide, public and market consultations were conducted with multiple stakeholder groups -- including large multinational and public listed companies ("PLCs"), SMEs, and regulatory and policy stakeholders -- to better understand the disclosure challenges, needs and expectations of SMEs within the supply chain.
  • The Adopter Programme will provide SMEs with access to in-person training, tutorials, and workshops nationwide to guide SMEs in disclosing ESG data.

Government of Ontario, TakingITGlobal, and Cisco Canada Enhance Digital Equity for Students in Remote Indigenous Communities

Retrieved on: 
Friday, September 29, 2023

The funding announcement reinforces Ontario’s dedication to achieving equity of opportunity for students in remote Indigenous communities.

Key Points: 
  • The funding announcement reinforces Ontario’s dedication to achieving equity of opportunity for students in remote Indigenous communities.
  • This funding will continue to deliver virtual learning sessions for Kindergarten - Grade 12 students in remote Indigenous communities, reinforcing Ontario’s commitment to fostering digital equity for all students.
  • “This investment will connect Indigenous students to programs that strengthen fundamental skills like reading, writing and math in remote communities,” said Stephen Lecce, Minister of Education, Government of Ontario.
  • The program focuses on building success for students in school and in life through:
    Virtual field trips to museums, science centres