American Investment Council

NAIC's Paradigm Changers Internship Program is Building a Pathway for Women to Pursue Careers in Alternatives

Retrieved on: 
Jeudi, mai 2, 2024

Launched in 2021, NAIC's Paradigm Changers Internship Program was designed to create opportunities for ethnically diverse women to explore careers in the alternatives industry through a combination of training and career development sessions and an immersive summer internship.

Key Points: 
  • Launched in 2021, NAIC's Paradigm Changers Internship Program was designed to create opportunities for ethnically diverse women to explore careers in the alternatives industry through a combination of training and career development sessions and an immersive summer internship.
  • The Paradigm Changers Internship Program kicked off in March in Washington, DC, where participants got to know each other and learned more about the program.
  • We are excited to announce the 15 women who were selected to participate in NAIC's 2024 Paradigm Changers Internship Program:
    Oluseyi Yoloye is awaiting graduate school commitment.
  • "NAIC's Paradigm Changers Program provides a pathway for diverse women to access opportunities in an industry that has been uniquely difficult to enter.

Industry Icon Kraig Schwigen Joins American Lending Center to Guide Strategic Development

Retrieved on: 
Jeudi, novembre 2, 2023

American Lending Center is pleased to announce that Kraig Schwigen has joined the firm as Vice President of Strategic Development.

Key Points: 
  • American Lending Center is pleased to announce that Kraig Schwigen has joined the firm as Vice President of Strategic Development.
  • “Kraig is one of the giants in our industry, especially when it comes to serving EB-5 investors,” said John Shen, president and CEO of American Lending Center (ALC).
  • We’re thrilled and blessed to have him join us.”
    From 1985 to 2008, Schwigen was a law enforcement officer with the Rock Island County, Illinois, Sheriff’s Department.
  • After his retirement from CMB, Schwigen and Steve Parnell launched American Investment Migration to create a platform for developers seeking EB-5 capital.

Gibson, Dunn & Crutcher LLP Files Opening Brief in Lawsuit Against the SEC to Vacate the Private Fund Adviser Rule

Retrieved on: 
Jeudi, novembre 2, 2023

Unlike retail investment products open to all investors, private funds are only available to experienced, sophisticated investors.

Key Points: 
  • Unlike retail investment products open to all investors, private funds are only available to experienced, sophisticated investors.
  • As the brief explains:
    This case concerns “private funds”—pooled investment vehicles that are not offered to the public.
  • Unlike more familiar pooled investment vehicles, like mutual funds, private funds are generally not accessible to non-professional investors (known as retail customers).
  • The brief also argues that the SEC did not give adequate reasons for the rule.

"HUGE" PROGRESS TAKING PLACE IN THE NORTHERN TRIANGLE COUNTRIES OF CENTRAL AMERICA AS IT BECOMES A DYNAMIC PLATFORM FOR NEARSHORING

Retrieved on: 
Lundi, octobre 23, 2023

The discussion included partnerships with development banks to further enhance the relationship of the Central American Northern Triangle private sector with key players in the USA.

Key Points: 
  • The discussion included partnerships with development banks to further enhance the relationship of the Central American Northern Triangle private sector with key players in the USA.
  • "I want to commend the ThinkHUGE team for the invaluable work you are doing to address the main challenges facing Central America.
  • "Today, the people in the Northern Triangle countries of Central America want more security and a job to feed their families.
  • A win for the workers of the Northern Triangle countries, who would rather be with their families at home.

MFA Files Lawsuit Against SEC to Prevent Adoption of Private Fund Adviser Rule

Retrieved on: 
Vendredi, septembre 1, 2023

The petitioners are represented by Gene Scalia and Helgi Walker of Gibson, Dunn & Crutcher LLP.

Key Points: 
  • The petitioners are represented by Gene Scalia and Helgi Walker of Gibson, Dunn & Crutcher LLP.
  • “The SEC has overstepped its statutory authority and core legislative mandate, leaving us no choice but to litigate,” said MFA President and CEO Bryan Corbett.
  • “The Private Fund Adviser rule will harm investors, fund managers, and markets by increasing costs, undermining competition, and reducing investment opportunities for pensions, foundations, and endowments."
  • The negative effects on private fund advisers and their investors are a product of these harmful aspects of the rule:
    Needlessly limiting the right of private fund advisers and their investors to tailor their relationships and interactions;
    Enacting overreaching prohibitions and restrictions on certain private fund adviser activities; and
    Imposing onerous, costly disclosure requirements and administrative obligations upon private fund advisers.

American Investment Migration Steps Up to Assist EB-5 Investors in Troubled Projects

Retrieved on: 
Jeudi, août 31, 2023

WEST PALM BEACH, Fla., Aug. 31, 2023 /PRNewswire/ -- American Investment Migration LLC (AIM), a forerunner in the investment migration sector, is pleased to announce the publication of a seminal article titled "After EB-5 Project Failure: Is Permanent Green Card Success Possible?" authored by its partner, Kraig Schwigen.

Key Points: 
  • WEST PALM BEACH, Fla., Aug. 31, 2023 /PRNewswire/ -- American Investment Migration LLC (AIM), a forerunner in the investment migration sector, is pleased to announce the publication of a seminal article titled " After EB-5 Project Failure: Is Permanent Green Card Success Possible? "
  • Some of the points the article covers includes:
    How EB-5 investors can overcome a lack of job creation in their initial EB-5 investment.
  • This proactive move not only facilitates job creation but targets alignment with the primary objectives of the investors.
  • Essential takeaways also include understanding the conditions vital for successful navigation, from retaining the lawful resident status to the judicious selection of new projects.

Kraig Schwigen of American Investment Migration LLC to Speak at Prestigious "Meet the Money" Conference in Los Angeles

Retrieved on: 
Mercredi, avril 19, 2023

WEST PALM BEACH, Fla., April 19, 2023 /PRNewswire/ -- American Investment Migration LLC (AIM), a prominent firm in the investment migration industry, proudly announces that its partner, Kraig Schwigen, will be a featured speaker at the esteemed "Meet the Money" conference in Los Angeles, California from May 1st to May 4th, 2023.

Key Points: 
  • WEST PALM BEACH, Fla., April 19, 2023 /PRNewswire/ -- American Investment Migration LLC (AIM), a prominent firm in the investment migration industry, proudly announces that its partner, Kraig Schwigen, will be a featured speaker at the esteemed "Meet the Money" conference in Los Angeles, California from May 1st to May 4th, 2023.
  • The "Meet the Money" conference, hosted by the Global Hospitality Group of Jeffer Mangels Butler & Mitchell LLP, is a national hotel finance and investment conference that unites key players in the hospitality industry, including owners, developers, investors, lenders, consultants, and brands.
  • Kraig Schwigen, a partner at AIM, is set to contribute his expertise as a panelist in two distinct discussions during the conference.
  • Schwigen's inclusion in the conference underscores the company's commitment to excellence and innovation in the investment migration field.

U.S. Business Executives Sentiment on the Strength of the Canadian Economy Weakens


The semi-annual study suggests that U.S. business executives' sentiment on the Canadian economy is at an all-time low.

Key Points: 
  • The semi-annual study suggests that U.S. business executives' sentiment on the Canadian economy is at an all-time low.
  • However, sentiment regarding Canada's business investment environment continues to track upwards in fact, it's up 11 points since April 2021.
  • The research also shows a decline in sentiment on the outlook of the Canadian economy with participating U.S. business executives eight times more likely to say that the Canadian economy will become weaker (66%) rather than stronger (8%) in in the next six months.
  • Despite that decrease and the declining sentiment on the outlook of the Canadian economy, about one in two participating U.S. business executives (53%) still expect an increase in their sales in Canada over the next six months.

Sun Life names Tom Murphy new Chief Risk Officer

Retrieved on: 
Lundi, novembre 14, 2022

TORONTO, Nov. 14, 2022 /PRNewswire/ - Sun Life is pleased to announce the appointment of Tom Murphy as Executive Vice-President and Chief Risk Officer, effective December 1, 2022.

Key Points: 
  • TORONTO, Nov. 14, 2022 /PRNewswire/ - Sun Life is pleased to announce the appointment of Tom Murphy as Executive Vice-President and Chief Risk Officer, effective December 1, 2022.
  • In his new role, Tom will lead all aspects of risk management across Sun Life globally, including Financial, Insurance, Credit, Operational and Enterprise Risk.
  • Tom succeeds Colm Freyne, Executive Vice-President and Chief Risk Officer, who will retire from Sun Life on May 1, 2023, after serving 20 years with the company.
  • From 2009 to 2017, he served as Sun Life's Chief Financial Officer and then moved into his current role as Chief Risk Officer in 2017 where he currently leads Risk Management, Actuarial and ALM.

A 'HUGE' OPPORTUNITY: NEARSHORING TO THE NORTHERN TRIANGLE

Retrieved on: 
Vendredi, octobre 14, 2022

Companies already there, including Fruit of the Loom, SanMar, Elcatex, Parkdale Mills and Crowley, are aiming to expand.

Key Points: 
  • Companies already there, including Fruit of the Loom, SanMar, Elcatex, Parkdale Mills and Crowley, are aiming to expand.
  • HUGE reiterated its long-held position that the CAFTA rules of origin be maintained to support the development of a vertically integrated textile industry in the Northern Triangle that is linked to the U.S. market.
  • CAFTA is now driving significant new investment towards this goal, and if the rules of origin change, those investments will not come to the region.
  • "Having clear and predictable rules of the game is essential to attract investment to the countries of the region.