Third Point Management

CAIS Hosts Third Annual Alternative Investment Summit for Independent Advisors

Retrieved on: 
Donnerstag, Mai 16, 2024

CAIS, the leading alternative investment platform for financial advisors, today announced that the CAIS Alternative Investment Summit will return for its third year and feature a lineup of renowned speakers across alternative investing, wealth management, technology, and geopolitics.

Key Points: 
  • CAIS, the leading alternative investment platform for financial advisors, today announced that the CAIS Alternative Investment Summit will return for its third year and feature a lineup of renowned speakers across alternative investing, wealth management, technology, and geopolitics.
  • “We’ve reached a transformative moment in the alternative investment industry.
  • Financial advisors everywhere appreciate the importance of incorporating alts into end client portfolios and are actively pursuing efficient, innovative solutions to differentiate their practices,” said Matt Brown, Founder and CEO of CAIS.
  • The momentum also comes on the heels of the launch of CAIS Live , a nationwide alternative investment education program hosted for advisors in key cities across the nation.

Third Point Announces Launch of Malibu Life Re

Retrieved on: 
Donnerstag, Mai 2, 2024

Third Point LLC, a New York-based alternative asset manager, announces the launch of Malibu Life Reinsurance SPC (“Malibu Life Re”), a licensed life and annuity reinsurer based in the Cayman Islands.

Key Points: 
  • Third Point LLC, a New York-based alternative asset manager, announces the launch of Malibu Life Reinsurance SPC (“Malibu Life Re”), a licensed life and annuity reinsurer based in the Cayman Islands.
  • Third Point will provide investment management and strategic services to Malibu Life Re.
  • Malibu Life Re intends to scale through select partnerships with insurers providing flow and/or block reinsurance.
  • Third Point LLC Founder and CEO, Daniel S. Loeb, said “We are excited to form Malibu Life Re to provide attractive capital solutions in the life and annuity space in partnership with leading insurers.

R2 Semiconductor Announces Two Important Updates in Intel Patent Infringement Case

Retrieved on: 
Montag, März 18, 2024

R2 Semiconductor, a Third Point Ventures portfolio company (“R2”), today announced two important updates in its patent infringement case against German subsidiaries of Intel Corp (“Intel”) (Nasdaq: INTC) and its customers, Dell Technologies (“Dell”) (NYSE: DELL) and Hewlett Packard Enterprise Company and HP Inc. (together “HP”) (NYSE: HPE and HPQ).

Key Points: 
  • R2 Semiconductor, a Third Point Ventures portfolio company (“R2”), today announced two important updates in its patent infringement case against German subsidiaries of Intel Corp (“Intel”) (Nasdaq: INTC) and its customers, Dell Technologies (“Dell”) (NYSE: DELL) and Hewlett Packard Enterprise Company and HP Inc. (together “HP”) (NYSE: HPE and HPQ).
  • Second, on Friday, R2 filed patent infringement lawsuits in Germany against Amazon Web Services EMEA SARL and Fujitsu Technology Solutions GmbH claiming both companies are infringing on the same patent.
  • As noted, the German Patent Court has already given its preliminary opinion that the patent is valid.
  • R2 filed patent infringement lawsuits against Amazon Web Services EMEA SARL and Fujitsu Technology Solutions GmbH in the Dusseldorf Regional Court in Germany, claiming both companies are using Intel chips that infringe on R2’s groundbreaking patent covering integrated voltage regulation.

Advance Auto Parts Appoints Three New Independent Directors

Retrieved on: 
Montag, März 11, 2024

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, today announced that it has appointed A. Brent Windom, Gregory L. Smith and Thomas W. Seboldt as independent directors to the Advance Auto Parts board, effective immediately.

Key Points: 
  • Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, today announced that it has appointed A. Brent Windom, Gregory L. Smith and Thomas W. Seboldt as independent directors to the Advance Auto Parts board, effective immediately.
  • “We are pleased to welcome Brent, Greg and Tom to the Advance Auto Parts board,” said Gene Lee, independent chair of the board of directors.
  • At the 2024 annual meeting scheduled for May 22, 2024, 11 director nominees are expected to stand for election to the Advance Auto Parts board, including the three newly appointed directors.
  • Centerview Partners LLC is acting as financial advisor to Advance Auto Parts and Hogan Lovells US LLP is acting as legal counsel.

Global Alts 2024: The Largest Cap Intro Event is Set to Make Waves

Retrieved on: 
Mittwoch, Januar 17, 2024

NEW YORK, Jan. 17, 2024 /PRNewswire-PRWeb/ -- iConnections Global Alts 2024 is poised to redefine the landscape of capital introduction events with its ambitious agenda and an unprecedented lineup of speakers and networking opportunities. This highly anticipated event, scheduled from January 29th to February 1st, promises to be the largest gathering for alternative investment professionals, showcasing cutting-edge insights and fostering invaluable connections.

Key Points: 
  • Global Alts 2024, the largest cap intro event, is set to redefine the industry with an exceptional lineup of speakers and networking opportunities.
  • This highly anticipated event, scheduled from January 29th to February 1st, promises to be the largest gathering for alternative investment professionals, showcasing cutting-edge insights and fostering invaluable connections.
  • Global Alts 2024 will set a new standard for capital introductions with projected 15,000+ one-on-one cap intro meetings.
  • Global Alts 2024 is already generating considerable excitement within the industry, and attendance is expected to reach record numbers.

Arch Reinsurance Welcomes Greg Habay

Retrieved on: 
Mittwoch, November 29, 2023

Arch Reinsurance today announces the appointment of Greg Habay as Managing Director, Head of Business Development and ILS Partners Relations.

Key Points: 
  • Arch Reinsurance today announces the appointment of Greg Habay as Managing Director, Head of Business Development and ILS Partners Relations.
  • In this role, Habay will be responsible for leading Arch Re’s Insurance-Linked Securities (ILS) business development efforts, including outreach to investors in support of ILS and third-party capital strategies.
  • “I am delighted to welcome Greg to Arch Re.
  • Over the course of his career, Habay held ILS business development roles at AQR Capital Management and reinsurance broking positions at JLT Re and Guy Carpenter North America.

Topcon Expands Construction Layout Portfolio with LN-50

Retrieved on: 
Mittwoch, Oktober 4, 2023

Topcon Positioning Systems announces the launch of the LN-50 3D laser, the latest addition to the LN layout navigator family of instruments.

Key Points: 
  • Topcon Positioning Systems announces the launch of the LN-50 3D laser, the latest addition to the LN layout navigator family of instruments.
  • Intended to be an affordable and easy-to-use solution for digital layout, the LN-50 has a 50-meter (164-foot) range as compared to the longer-range, full-featured LN-150 that continues to be a mainstay of the Topcon layout portfolio.
  • The user will be able to lay out the job more accurately than using fully manual processes.”
    The LN-50 works exclusively with Topcon Digital Layout building construction software.
  • “The portfolio embodies our commitment to democratizing technology — simplifying and improving the process of transitioning to digital layout in the building construction sector in a cost-effective package,” Kerwin continued.

The Radoff-Sudbury Group Files Definitive Proxy and Issues Letter to LifeVantage Corporation Stockholders

Retrieved on: 
Dienstag, September 26, 2023

The LifeVantage Board, under Mr. Mauro’s leadership as Chairman, has been delivering persistently poor performance for over a decade.

Key Points: 
  • The LifeVantage Board, under Mr. Mauro’s leadership as Chairman, has been delivering persistently poor performance for over a decade.
  • And though revenue levels have recently steadied, in our view, there is not enough accountability at the Board-level to generate meaningful returns for stockholders.
  • Over the past several years, the number of LifeVantage distributors and active customers has been in perpetual decline.
  • Stockholders should look no further than LifeVantage’s 10-year, $30 million deal inked with major league soccer team Real Salt Lake for jersey and stadium sponsorship.

11th Annual J.P. Morgan / Robin Hood Investors Conference Announces Speaker Lineup

Retrieved on: 
Donnerstag, September 7, 2023

Robin Hood , New York’s largest local poverty-fighting philanthropy, has announced the speaker lineup for its 11th annual J.P. Morgan / Robin Hood Investors Conference .

Key Points: 
  • Robin Hood , New York’s largest local poverty-fighting philanthropy, has announced the speaker lineup for its 11th annual J.P. Morgan / Robin Hood Investors Conference .
  • Since 2013, the J.P. Morgan / Robin Hood Investors Conference has raised more than $56 million to fight poverty in New York City.
  • “Ten years ago, we partnered with Robin Hood to create the J.P. Morgan / Robin Hood Investors Conference, bringing together some of the best minds across J.P. Morgan, the Robin Hood Board and the industry with other world-class investors and business leaders to help New York City remain a city of opportunity and dreams for everyone,” said Mary Callahan Erdoes, CEO of J.P. Morgan Asset & Wealth Management.
  • Robin Hood is working to make New York City the greatest engine of opportunity in the world.

Valor Capital Group Brings on Paulo Passoni to Lead its Growth Equity Business

Retrieved on: 
Dienstag, August 8, 2023

Valor Capital Group, LLC (“Valor”), a leading cross-border venture capital and growth equity firm focused on the United States, Brazil, and Latin American technology markets, today announced that Paulo Passoni has joined the firm as a Managing Partner.

Key Points: 
  • Valor Capital Group, LLC (“Valor”), a leading cross-border venture capital and growth equity firm focused on the United States, Brazil, and Latin American technology markets, today announced that Paulo Passoni has joined the firm as a Managing Partner.
  • In this role, Mr. Passoni will manage Valor’s growth equity business and lead the sourcing of new investment opportunities while working with founders to support growth at the firm’s existing portfolio companies.
  • “We are thrilled to welcome Paulo to Valor as we continue to scale our growth equity business and serve entrepreneurs in their journey from start up, to scale up, to IPO,” said Scott Sobel, Founding Partner and CEO of Valor.
  • Mr. Passoni holds a joint degree from Harvard Business School and Harvard Kennedy School and an undergraduate degree in Business Economics from Fundação Getulio Vargas in São Paulo.