AGIC

AM Best Affirms Credit Ratings of AES Global Insurance Company

Retrieved on: 
Friday, December 1, 2023
Professional Services, Insurance, Finance, AES Corporation, NYSE, Organization, Risk management, Credit, AM Best, AGIC, News, ALL, AES

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of AES Global Insurance Company (AGIC) (Burlington, VT).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of AES Global Insurance Company (AGIC) (Burlington, VT).
  • The ratings also reflect the improved credit profile of AGIC’s parent, The AES Corporation (AES) [NYSE: AES].
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AGIC Capital Completes Growth Equity Investment into AP Technologies

Retrieved on: 
Friday, August 11, 2023
Banking, Research, General Health, Professional Services, Medical Devices, Clinical Trials, Science, Cardiology, Biotechnology, Finance, Health, Diabetes, Other Science, Growth, Entrepreneurship, AP, Neurology, Investment, AGIC

AGIC Capital (“AGIC”), a growth-oriented European-Asian private equity firm with $2.2 billion of assets under management has completed the investment of an undisclosed amount into AP Technologies (“AP Tech”), an emerging medical device contract manufacturer focusing on highly-engineered solutions for critical healthcare applications using the latest extrusion and catheter assembly processes.

Key Points: 
  • AGIC Capital (“AGIC”), a growth-oriented European-Asian private equity firm with $2.2 billion of assets under management has completed the investment of an undisclosed amount into AP Technologies (“AP Tech”), an emerging medical device contract manufacturer focusing on highly-engineered solutions for critical healthcare applications using the latest extrusion and catheter assembly processes.
  • Founded in 2013, AP Technologies is a premier medical tubing and catheter contract manufacturer specializing in the design, development, and production of complex medical extrusions and interventional catheters.
  • The investment into AP Tech marks AGIC’s first transaction in Asia with its Fund II and marks another milestone in its continued development and expansion of geographic focus along the Europe-Asia axis.
  • We look forward to contributing our capital and life science expertise to AP's growth and expansion.”

AGIC Capital Acquires Majority Stake in Pure Trade

Retrieved on: 
Wednesday, July 26, 2023
Finance, Other Retail, Cosmetics, Retail, Professional Services, AGIC, Orientation, Acquisition, Quality control, Growth, Cryptocurrency

AGIC Capital, a growth-oriented European-Asian private equity firm with $2.2 billion of assets under management, today announced the acquisition of a majority stake in Pure Trade from Sparring Capital, the management team, and founders.

Key Points: 
  • AGIC Capital, a growth-oriented European-Asian private equity firm with $2.2 billion of assets under management, today announced the acquisition of a majority stake in Pure Trade from Sparring Capital, the management team, and founders.
  • The key management team, including Pure Trade’s founder & current CEO Stéfane Ladous, Virginie Honoré & Mona Lee (Managing Directors of Europe and Asia) will re-invest alongside AGIC Capital and continue to lead Pure Trade in its next phase of business expansion and organizational scale-up.
  • The acquisition of Pure Trade is AGIC’s first transaction in France and marks another milestone in the continued development and expansion of geographic focus for AGIC.
  • Stéfane Ladous, CEO of Pure Trade, commented, “we are glad to count on AGIC by our side to accelerate our future development strategy.

Blue Sky Uranium Provides an Update on Activities at its Amarillo Grande Uranium Project, Argentina

Retrieved on: 
Wednesday, May 24, 2023
BSK, AGP, Sodium carbonate, AGIC, Uranium, AAS, AG, FSE, QA/QC, RC, IP, PB, Sodium bicarbonate, PEA, FCIM, Collection, National instrument, Gold, QA, Anomaly, Blue Sky, SEDAR, OTC, National Instrument 43-101, Vanadium, CU, ALS, News, Uranium mining, Copper

For these new tests, uranium recovery for the alkaline leach stage was 96%, vanadium recovery was 35%.

Key Points: 
  • For these new tests, uranium recovery for the alkaline leach stage was 96%, vanadium recovery was 35%.
  • In December 2018, Blue Sky completed a first set of process design tests for the Ivana uranium-vanadium mill.
  • Drilling at Ivana Central was initially launched in 2020, later suspended due to pandemic effect, and finally completed in 2022.
  • Regional prospecting mapping, sampling, and radiometric surveys have been carried out over the southern sector of the Amarillo Grande project.

AGIC Capital Acquires Majority Stake in ATEC Pharmatechnik GmbH

Retrieved on: 
Wednesday, November 30, 2022
Other Professional Services, Biotechnology, Pharmaceutical, Finance, Health, Asset Management, Professional Services, Business, Growth, LLP, Latham & Watkins, RTP, White, Macquarie Group, ATEC, Medicine, Philosophy, Diabetes, White & Case, Investment, Acquisition, AGIC, Financial services, Fine chemical, Mittelstand

AGIC Capital ("AGIC"), a growth-oriented private equity firm with $2.2 billion of assets under management, today announced that it had acquired a majority stake in ATEC Pharmatechnik GmbH ("ATEC" or "the Company").

Key Points: 
  • AGIC Capital ("AGIC"), a growth-oriented private equity firm with $2.2 billion of assets under management, today announced that it had acquired a majority stake in ATEC Pharmatechnik GmbH ("ATEC" or "the Company").
  • Erik Yankulin, Managing Director at AGIC, added, "ATEC supports the production of life-saving therapies by providing best-in-class aseptic transfer technologies to pharmaceutical and biopharmaceutical companies.
  • ATEC and HANNOVER Finanz were advised by Macquarie Capital with Latham & Watkins LLP advising the sellers, while AGIC was supported by White & Case LLP in connection with the acquisition.
  • ATEC Pharmatechnik GmbH is a leader in stopper and cap processing solutions used for aseptic filling with patented process technology in pharmaceutical applications.

AM Best Upgrades Credit Ratings of AES Global Insurance Company

Retrieved on: 
Wednesday, November 23, 2022
Insurance, Professional Services, AGIC, AES Corporation, News, Credit, ALL, NYSE, Insurance, AM Best, AM, Organization, AES, Risk management

The ratings also reflect the improved credit profile of AGICs parent, The AES Corporation (AES) [NYSE: AES].

Key Points: 
  • The ratings also reflect the improved credit profile of AGICs parent, The AES Corporation (AES) [NYSE: AES].
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AGIC Capital Acquires a Majority Stake in Grafotronic

Retrieved on: 
Thursday, May 19, 2022
Professional Services, Automotive Manufacturing, Manufacturing, Finance, Investment, Solution, Dream, Automation, SME, Acquisition, Growth, AGIC, EV, Risk management, European

AGIC Capital, the European-Asian private equity fund focused on investments in high quality industrial and medical companies today announced the acquisition of a majority stake in Grafotronic AB and its subsidiaries (Grafotronic), a leading manufacturer of roll-to-roll automated manufacturing solutions, from its current shareholders, for an undisclosed amount.

Key Points: 
  • AGIC Capital, the European-Asian private equity fund focused on investments in high quality industrial and medical companies today announced the acquisition of a majority stake in Grafotronic AB and its subsidiaries (Grafotronic), a leading manufacturer of roll-to-roll automated manufacturing solutions, from its current shareholders, for an undisclosed amount.
  • Established in 2004, Grafotronic develops highly distinctive modular solutions for the digital label finishing and EV battery markets.
  • Partnering with the management team, AGIC will support Grafotronics continued international growth both in the digital finishing and EV battery segments, in the existing core European markets, US and Asia.
  • Founded in 2015, AGIC is a European-Asian fund focused on investments in advanced industrial and healthcare technology companies and has more than US$ 2.2 billion of assets under management.

AM Best Affirms Credit Ratings of AES Global Insurance Company

Retrieved on: 
Thursday, November 18, 2021
Professional Services, Insurance, Finance, News, Insurance, Credit, Data, Industry, AES Corporation, AM Best, NYSE, AES, Risk management, ALL, AM, AGIC, Organization

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of AES Global Insurance Company (AGIC) (Burlington, VT).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of AES Global Insurance Company (AGIC) (Burlington, VT).
  • The ratings also reflect the improved credit profile of AGICs parent, The AES Corporation (AES) [NYSE: AES].
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AGIC Capital Announces Final Closing of US$1.2 Billion Fund for Investments in Smart Industries

Retrieved on: 
Wednesday, September 1, 2021
Professional Services, Health, Technology, Other Technology, Finance, Banking, Biotechnology, Investment, Knowledge, Partner, Growth, Technology, AGIC, Financial services, Renewable energy

European-Asian private equity firm AGIC Capital today announces the successful final closing of its second fund, AGIC Fund II, which will be focused on advanced industrial and medical technology investments.

Key Points: 
  • European-Asian private equity firm AGIC Capital today announces the successful final closing of its second fund, AGIC Fund II, which will be focused on advanced industrial and medical technology investments.
  • AGIC Fund II raised US$1.2 billion, reflecting strong investor appetite for funds with distinctive investment strategies and innovative, differentiated approaches to post-investment value creation.
  • Founded in 2015 by capital market veteran Henry Cai, AGIC Capitals debut US$1 billion fund made seven buyout and growth-stage investments, mostly in Europe, and has successfully exited three investments to-date with good returns.
  • AGIC Fund II started raising capital in 2020 and was largely subscribed to by existing investors who re-upped their commitment.