Investcorp

Investcorp Credit Management BDC, Inc. Announces CEO Transition

Retrieved on: 
월요일, 5월 13, 2024
Asset Management, Professional Services, Finance, Credit management, Private credit, Growth, Investcorp, BDC

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ: ICMB) (“ICMB” or the “Company”), today announced that the Company’s President, Suhail A. Shaikh, has been appointed Chief Executive Officer, effective immediately.

Key Points: 
  • Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc.) (NASDAQ: ICMB) (“ICMB” or the “Company”), today announced that the Company’s President, Suhail A. Shaikh, has been appointed Chief Executive Officer, effective immediately.
  • Outgoing CEO Michael C. Mauer will remain Chairman of the Board of Directors.
  • Concurrently, Mr. Mauer has been appointed Vice Chairman of Private Credit at Investcorp.
  • Mr. Shaikh joined Investcorp in January 2023 and has served as the Company’s President since February 2023 and as a member of the Board of Directors since September 2023.

RoadSafe Traffic Systems, Inc. Acquires Pavement Marking Division of DeAngelo Contracting

Retrieved on: 
화요일, 4월 30, 2024
Other Transport, Transport, Commercial Building & Real Estate, Construction & Property, Urban Planning, Investcorp, DCS, DeAngelo, Acquisition, Partnership, Safety, Road

RoadSafe Traffic Systems, Inc. (RoadSafe), a leading provider of infrastructure services, announced today the acquisition of DeAngelo Contracting Services’ (DCS) pavement marking division (DCS Pavement Marking).

Key Points: 
  • RoadSafe Traffic Systems, Inc. (RoadSafe), a leading provider of infrastructure services, announced today the acquisition of DeAngelo Contracting Services’ (DCS) pavement marking division (DCS Pavement Marking).
  • For more than two decades, DCS Pavement Marking has supported public works and commercial contracting projects in Delaware and Pennsylvania.
  • This transaction will enable RoadSafe to strengthen its nationwide leadership in pavement marking services by expanding its offerings.
  • “We are proud to announce our strategic partnership with DCS Pavement Marking,” said Kevin O’Meara, CEO of RoadSafe.

Investcorp Corsair Appoints John D. Porcari as Managing Director for Public Policy and Partnerships

Retrieved on: 
수요일, 4월 24, 2024
Professional Services, Logistics, Supply Chain Management, Transport, Finance, Construction & Property, Asset Management, Urban Planning, Public sector, Public policy, University, Gateway, CFO, Investment, Presidency of Barack Obama, Federation, State, Investcorp, Barack Obama, State government, Senate, Knowledge, Vantage Airport Group, Engineering, WSP, Economic development, Interim, Aviation, Management

Investcorp Corsair Infrastructure Partners (“Investcorp Corsair”), a leading global infrastructure investment firm, announced today that it has appointed John D. Porcari as Managing Director for Public Policy and Partnerships.

Key Points: 
  • Investcorp Corsair Infrastructure Partners (“Investcorp Corsair”), a leading global infrastructure investment firm, announced today that it has appointed John D. Porcari as Managing Director for Public Policy and Partnerships.
  • As Managing Director, Mr. Porcari will be responsible for originating new investment opportunities across the transportation, logistics and associated sectors, with a particular focus on large-scale public-private partnership transactions.
  • In addition, Mr. Porcari will continue to focus on maintaining and strengthening Investcorp Corsair’s relationships with important public sector stakeholders, including regulators and counterparts across Local, State and Federal Government.
  • We look forward to working more closely with John as we enter this exciting phase in Investcorp Corsair’s development and are confident that all our stakeholders will benefit from his considerable knowledge and experience.”
    “I am delighted by the opportunity presented by this new role at Investcorp Corsair,” added John D. Porcari, Managing Director for Public Policy and Partnerships at Investcorp Corsair.

Shearer Supply Acquires Climatic Comfort Products from The Climatic Corporation

Retrieved on: 
월요일, 4월 8, 2024
HVAC, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Investcorp, Growth, Shearer, Mitsubishi Group, Ameristar, CCP, Acquisition, Gibson Dunn, American Standard

Leading HVAC distributor Shearer Supply announced today that it has acquired Climatic Comfort Products (“CCP”), the HVAC distribution subsidiary of The Climatic Corporation.

Key Points: 
  • Leading HVAC distributor Shearer Supply announced today that it has acquired Climatic Comfort Products (“CCP”), the HVAC distribution subsidiary of The Climatic Corporation.
  • Family owned and operated since 1936, CCP has evolved over the last 88 years into a leading distributor of HVAC equipment in the Southeast.
  • “The acquisition of CCP fits well with our strategy of acquiring complementary businesses located in attractive geographies representing best-in-class equipment manufacturers,” said Michelle Shearer-Rodriguez, CEO of Shearer Supply.
  • Gibson, Dunn & Crutcher LLP represented Shearer Supply in the transaction.

Crane NXT to Acquire OpSec Security, a Global Leader in Brand Protection and Authentication Solutions

Retrieved on: 
월요일, 3월 11, 2024
Security, Retail, Technology, Convenience Store, Supermarket, Hardware, Investcorp, Government, Growth, Trust, EPS, Webcast, Operations security, LLP, Acquisition, Adjustment, CXT, Crane

OpSec is a global leader in brand protection and authentication solutions, serving the world’s most recognized brands, as well as government agencies and financial institutions.

Key Points: 
  • OpSec is a global leader in brand protection and authentication solutions, serving the world’s most recognized brands, as well as government agencies and financial institutions.
  • OpSec is a global leader in these markets with its proprietary technology, broad suite of solutions, and integrated offering.
  • Crane NXT will host a conference call to discuss the transaction on Monday, March 11, 2024, at 9:00 A.M. (Eastern).
  • Baird is acting as Crane NXT’s financial advisor, and Davis Polk & Wardwell LLP is serving as Crane NXT’s legal counsel.

Xponance Alts Solutions Announces Strategic Investment in The Copia Group

Retrieved on: 
화요일, 3월 19, 2024
Partnership, Investcorp, Growth

PHILADELPHIA, March 19, 2024 /PRNewswire/ -- Xponance Alts Solutions ("XAlts"), a subsidiary of Xponance Inc, announced today that it has entered into a strategic partnership with private investment firm The Copia Group ("Copia").

Key Points: 
  • PHILADELPHIA, March 19, 2024 /PRNewswire/ -- Xponance Alts Solutions ("XAlts"), a subsidiary of Xponance Inc, announced today that it has entered into a strategic partnership with private investment firm The Copia Group ("Copia").
  • XAlts will make both a GP minority investment in Copia as well as an LP commitment in its first private credit offering.
  • XAlts' strategic relationship with Copia draws upon Xponance's 27-year history of investing with diverse, emerging, and women-owned business enterprises on public market platforms.
  • Copia is XAlts' sixth GP investment since the strategy's inception and its first emerging manager investment.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on: 
수요일, 3월 6, 2024
BNP Paribas, Name, Sustainability, ADQ, IPA, Register, ADFW, Growth, AUM, COP28, World Bank, Bridgewater Associates, DLT, Risk assessment, Sustainable finance, G42, AIIB, GCFC, LPA, Fintech, Goldman Sachs, JPMorgan Chase, Abu Dhabi Global Market, Asian Infrastructure Investment Bank, Investcorp, Distributed ledger, Cryptocurrency

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on: 
수요일, 3월 6, 2024
BNP Paribas, Name, Sustainability, ADQ, IPA, Register, ADFW, Growth, AUM, COP28, World Bank, Bridgewater Associates, DLT, Risk assessment, Sustainable finance, G42, AIIB, GCFC, LPA, Fintech, Goldman Sachs, JPMorgan Chase, Abu Dhabi Global Market, Asian Infrastructure Investment Bank, Investcorp, Distributed ledger, Cryptocurrency

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

WEMIX expands global reach with its first Europe listing on Bit2Me, Spain’s largest virtual asset exchange

Retrieved on: 
수요일, 2월 7, 2024
European Investment Fund, European, ISO, ISO 22301, Investcorp, Telecommunications, Bank, EUR, ISO/IEC, Cryptocurrency

WEMIX functions as a resource with economic value that is used for everything from yield farming, staking and swaps, to governance.

Key Points: 
  • WEMIX functions as a resource with economic value that is used for everything from yield farming, staking and swaps, to governance.
  • It is also used as a medium for exchange, payments and transactions including in-game purchases.
  • The Bit2Me listing is a significant milestone for being the very first WEMIX listing on a cryptocurrency exchange based in Europe.
  • It also marks the start of plans by the WEMIX Foundation to increase accessibility and convenience to WEMIX for over 450 million Spanish speakers worldwide.

Banner Ridge Partners Announces Strategic Growth Investment from Investcorp’s Strategic Capital Group

Retrieved on: 
월요일, 2월 5, 2024
Professional Services, Finance, Partnership, Multimedia, Record, GP, Growth, Ridge, Capital Group Companies, Family, BRP, Investcorp

Banner Ridge Partners (“Banner Ridge” or the “Firm”), a $7.3 billion private markets investment specialist, today announced that Investcorp’s Strategic Capital Group (“ISCG”) has made a growth investment in the Firm.

Key Points: 
  • Banner Ridge Partners (“Banner Ridge” or the “Firm”), a $7.3 billion private markets investment specialist, today announced that Investcorp’s Strategic Capital Group (“ISCG”) has made a growth investment in the Firm.
  • View the full release here: https://www.businesswire.com/news/home/20240205182972/en/
    The partnership with ISCG provides Banner Ridge with primary growth capital and follows the recent closing of Banner Ridge Secondary Fund V ("BRP V") at its hard cap of $2.15 billion.
  • “Banner Ridge represents our 12th GP investment and is a highly complementary addition to our diverse family of GP partners,” said Tim Osnabrug, Partner, ISCG.
  • “We look forward to supporting Anthony, C.J., and the entire Banner Ridge team as they embark on their next chapter.”