The Culture of the New Capitalism

SMArtX Advisory Solutions Adds 26 Strategies to Its Manager Marketplace

Retrieved on: 
Thursday, November 9, 2023

WEST PALM BEACH, Fla., Nov. 9, 2023 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology, announced it has added 26 strategies offered by six leading asset management firms to its platform. Trillium Asset Management and New Capital by EFG Asset Management are now offering strategies across ESG core equity and US Small Cap Growth, respectively. The platform currently features 1303 strategies from over 300 asset management firms.

Key Points: 
  • Trillium Asset Management and New Capital by EFG Asset Management join the SMArtX Platform.
  • WEST PALM BEACH, Fla., Nov. 9, 2023 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology, announced it has added 26 strategies offered by six leading asset management firms to its platform.
  • Trillium Asset Management and New Capital by EFG Asset Management are now offering strategies across ESG core equity and US Small Cap Growth, respectively.
  • Several existing firms, including AllianceBernstein, Dearborn Partners, Kensington Asset Management, and Russell Investment Management, added 24 strategies to the platform.

Community Development Investment Pioneer Presents Equitable Vision of Capitalism

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- A New Capitalism: Creating a Just Economy That Works for All, by Frank Altman is now available. The book is published with Forbes Books, the exclusive business book publishing imprint of Forbes, and is available on Amazon today.

Key Points: 
  • The book is published with Forbes Books, the exclusive business book publishing imprint of Forbes, and is available on Amazon today.
  • As Founder of Community Reinvestment Fund, USA and a pioneer of the community development and reinvestment industry, Altman's book, A New Capitalism, examines our economy from several perspectives, including historical, political, and cultural.
  • Deploying innovative approaches, Altman has used capital markets to fund small businesses, affordable housing, charter schools, community organizations, and community transformation.
  • We are living in a time when change feels possible and a new, more just form of capitalism is at hand."

Newtopia Successfully Completes 2022 Renewal Cycle and Raises $1.5M on Road to Profitability in 2023

Retrieved on: 
Wednesday, March 8, 2023

The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.

Key Points: 
  • The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.
  • Contract renewals across our installed client base are a testament to the successful results delivered by our outcomes-based platform.
  • These contract renewals combined with the most recent capital raise will ultimately drive the Company toward profitability in 2023."
  • Newtopia was also recently the recipient of the highest Full-Plus recognition from the Centers for Disease Control and Prevention .

REMEDY DRINKS CLOSES SERIES B FUNDING ROUND AND APPOINTS NEW C-SUITE SALES LEADER TO ACCELERATE GLOBAL GROWTH

Retrieved on: 
Tuesday, February 21, 2023

LOS ANGELES, Feb. 21, 2023 /PRNewswire/ -- Remedy Drinks, the innovator of shelf-stable, no-sugar, better-for-you beverages announces the closing of a Series B funding round from its existing lead investors L Catterton and Kin Group. The new capital raised will be focused on global retail growth through new distribution and retail takeaway. Remedy Drinks also announces the appointment of a new Chief Customer Officer, Nathan Schy. As the third largest kombucha brand globally and fastest growing in the U.S. market (272% year-over-year via SPINS), Schy will aggressively build on this momentum with existing and new customers. 

Key Points: 
  • The new capital raised will be focused on global retail growth through new distribution and retail takeaway.
  • Remedy Drinks also announces the appointment of a new Chief Customer Officer, Nathan Schy.
  • "This funding round from our partners at L Catterton and Kin Group will allow us to continue to fuel our global retail expansion with Nathan Schy at the helm.
  • Remedy Drinks' mission is to make great tasting, shelf-stable kombucha and functional beverages accessible to consumers globally.

REMEDY DRINKS CLOSES SERIES B FUNDING ROUND AND APPOINTS NEW C-SUITE SALES LEADER TO ACCELERATE GLOBAL GROWTH

Retrieved on: 
Tuesday, February 21, 2023

LOS ANGELES, Feb. 21, 2023 /PRNewswire/ -- Remedy Drinks, the innovator of shelf-stable, no-sugar, better-for-you beverages announces the closing of a Series B funding round from its existing lead investors L Catterton and Kin Group. The new capital raised will be focused on global retail growth through new distribution and retail takeaway. Remedy Drinks also announces the appointment of a new Chief Customer Officer, Nathan Schy. As the third largest kombucha brand globally and fastest growing in the U.S. market (272% year-over-year via SPINS), Schy will aggressively build on this momentum with existing and new customers. 

Key Points: 
  • The new capital raised will be focused on global retail growth through new distribution and retail takeaway.
  • Remedy Drinks also announces the appointment of a new Chief Customer Officer, Nathan Schy.
  • "This funding round from our partners at L Catterton and Kin Group will allow us to continue to fuel our global retail expansion with Nathan Schy at the helm.
  • Remedy Drinks' mission is to make great tasting, shelf-stable kombucha and functional beverages accessible to consumers globally.

Fraser Institute News Release: New essays explore myths and realities of ESG—Environmental, Social and Governance investing

Retrieved on: 
Tuesday, August 30, 2022

The thrust of ESG investingto force companies to pursue goals other than just maximizing returns to shareholdersshows a fundamental misunderstanding of how market economies work.

Key Points: 
  • The thrust of ESG investingto force companies to pursue goals other than just maximizing returns to shareholdersshows a fundamental misunderstanding of how market economies work.
  • Specifically, it misunderstands how firms pursuing profits already have to consider their communities, employees, suppliers, customers, and anyone connected with the business, explained Steven Globerman, resident scholar at the Fraser Institute and contributing editor of ESG: Myths and Realities.
  • The first essay, The New Capitalism , identifies the various arguments made in favour of ESG investing, including mandatory ESG disclosures by public companies.
  • For Friedman, when firms focus on achieving higher profits, other stakeholders, like consumers, employees and suppliers also benefit.