MidOcean Partners

MidOcean Partners Provides Structured Capital to Fund the Growth of GridHawk, a Premier Provider of Utility Damage Prevention Services

Retrieved on: 
목요일, 5월 23, 2024
Energy, Asset Management, Professional Services, Utilities, Partnership, Partner, MidOcean Partners, Growth, Solomon Partners, Natural gas, BMO, Water

MidOcean’s investment in GridHawk is the firm’s first investment from its newly launched Structured Capital Solutions strategy.

Key Points: 
  • MidOcean’s investment in GridHawk is the firm’s first investment from its newly launched Structured Capital Solutions strategy.
  • "We are extremely pleased to be partnering with GridHawk and Cascata on the first transaction in our new strategy targeting structured capital investments.
  • “Having followed GridHawk for some time as part of our utility services investment thematic, we have been consistently impressed with the Company’s leadership team and differentiated service model.
  • GridHawk’s leading position in the damage prevention industry is underpinned by its customer-centric approach and training geared towards improving locate accuracy and on time performance to decrease damage rates.

EIG’s MidOcean Energy Appoints Armand Lumens as CFO

Retrieved on: 
화요일, 5월 14, 2024
Finance, Alternative Energy, Energy, Professional Services, Utilities, Maastricht University, London Business School, EIG, CFO, IMD, Master of Science, MidOcean Partners, Louis-Dreyfus, MBA, Growth, Natural gas, Risk management, Institute of Internal Auditors, Multimedia, Shell, Management

MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the appointment of Armand Lumens as Chief Financial Officer (CFO).

Key Points: 
  • MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the appointment of Armand Lumens as Chief Financial Officer (CFO).
  • “We are delighted to welcome Armand to the MidOcean team,” said De la Rey Venter, MidOcean’s CEO.
  • His wealth of expertise will be an invaluable asset as MidOcean continues to pursue its strategic objectives.”
    Mr. Lumens said, “MidOcean is well positioned to make a significant impact on the energy transition through its expertise in and focus on LNG.
  • Prior to his tenure at Neptune Energy, he held the position of Group CFO at Louis Dreyfus.

EIG’s MidOcean Energy Completes Acquisition of 20 Percent Stake in Peru LNG

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화요일, 4월 23, 2024
Energy, Other Energy, Utilities, Oil, Gas, Natural gas, Morgan Stanley, Hunt Oil Company, Mitsubishi Corporation, Partnership, EIG, Acquisition, MidOcean Partners, Latham & Watkins

MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire SK earthon’s (“SK”) 20 percent interest in Peru LNG (“PLNG”), owner and operator of the first LNG export facility in South America.

Key Points: 
  • MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire SK earthon’s (“SK”) 20 percent interest in Peru LNG (“PLNG”), owner and operator of the first LNG export facility in South America.
  • PLNG, operated by Hunt Oil Company, is one of only two LNG production facilities in Latin America, located in Pampa Melchorita, 170km south of Lima.
  • As the only LNG export facility in South America, PLNG is uniquely positioned in the global marketplace.
  • PLNG also plays an important role in providing gas and LNG to customers in Peru.

EIG’s MidOcean Energy Announces Strategic Investment from Mitsubishi Corporation

Retrieved on: 
월요일, 4월 1, 2024
Other Energy, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, Partnership, EIG, Mitsubishi Corporation, MidOcean Partners, Acquisition, Investment, Growth, Tokyo Gas, Renewable energy

MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”).

Key Points: 
  • MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”).
  • Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, global ‘pure play’ integrated LNG company.
  • Mitsubishi Corp has been an active player in the LNG sector for over 50 years, with investments spanning 12 projects across eight countries.
  • De la Rey Venter, MidOcean Energy’s CEO, said: “We are thrilled to have Mitsubishi Corp join as an anchor investor in MidOcean Energy.

Hunter Point Capital Raises Record $3.3 Billion for Debut GP Stakes Fund

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금요일, 3월 29, 2024
Asset Management, Professional Services, Finance, Coller Capital, Partner, GP, Growth, Entrepreneurship, MidOcean Partners, Partnership, HPC, Insurance, LP record

Hunter Point Capital (“HPC”), an independent investment firm providing capital solutions and strategic support to alternative asset managers, today announced the close of its inaugural GP Stakes fund (“HPC Fund I”) with $3.3 billion in permanent capital commitments, exceeding its initial $2.5 billion target.

Key Points: 
  • Hunter Point Capital (“HPC”), an independent investment firm providing capital solutions and strategic support to alternative asset managers, today announced the close of its inaugural GP Stakes fund (“HPC Fund I”) with $3.3 billion in permanent capital commitments, exceeding its initial $2.5 billion target.
  • HPC Fund I is the largest-ever debut GP Stakes fund dedicated to private market strategies.
  • Through HPC Fund I, the firm acquires stakes in alternative investment managers and provides them with strategic and tactical support in key areas such as capital formation, business development, group purchasing, and talent enhancement.
  • Commitments to HPC Fund I were secured from a broad base of both institutional and high-net-worth investors.

EIG’s MidOcean Energy Completes Acquisition of Tokyo Gas’ Interests in Portfolio of Australian Integrated LNG Projects

Retrieved on: 
목요일, 3월 28, 2024
Professional Services, Environment, Oil, Gas, Environmental Health, Energy, Asset Management, Pluto, EIG, Natural gas, Shell, MidOcean Partners, JPMorgan Chase, Acquisition, White & Case, Barclays

MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire Tokyo Gas Co., Ltd’s (“Tokyo Gas”) interests in a portfolio of Australian integrated LNG projects.

Key Points: 
  • MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire Tokyo Gas Co., Ltd’s (“Tokyo Gas”) interests in a portfolio of Australian integrated LNG projects.
  • The acquisition includes Tokyo Gas’ interests in the Gorgon LNG, Pluto LNG and Queensland Curtis LNG projects.
  • The portfolio benefits from experienced operators, including Chevron, Woodside and Shell, and spans the LNG value chain from upstream operations to midstream, liquefaction and sales.
  • As part of the transaction, MidOcean will open an office in Perth, Australia, to support and oversee the projects.

Questex Announces Fierce Network, a New Mega Portal to Meet the Needs of Decision Makers throughout the Global Communications Industry

Retrieved on: 
월요일, 2월 26, 2024
Cloud, MidOcean Partners, Cloud computing, News, MWC, Information services, Automation, Light Reading, Security, Mobile World Congress, Mobile phone

BARCELONA, Spain, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Today at MWC Barcelona 2024, Questex , a leading information services and event company, announced the launch of Fierce Network , a new mega portal to meet the needs of decision makers throughout the global communications industry.

Key Points: 
  • BARCELONA, Spain, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Today at MWC Barcelona 2024, Questex , a leading information services and event company, announced the launch of Fierce Network , a new mega portal to meet the needs of decision makers throughout the global communications industry.
  • Fierce Telecom , Fierce Wireless and Silverlinings are merging into Fierce Network, a community of 165,000 subscribers, in April 2024.
  • Fierce Network builds on Questex’s established and successful Q Way content model and adds editorial capabilities that will be leveraged across Questex.
  • The new Fierce Network will unite our coverage of mobile, broadband, and vertical markets to meet the needs of network decision makers in the coming era.

1NCE Recognized as a Visionary in the 2024 Gartner® Magic Quadrant™ for Managed IoT Connectivity Services Report

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목요일, 2월 22, 2024
Data Management, Technology, Mobile, Wireless, Telecommunications, Software, Internet, Magic Quadrant, Research, MidOcean Partners, Intelligence, MAGIC, Internet of things, Data collection, Worldwide, Publication

1NCE , a company offering a software platform for connected products, has been recognized as a Visionary in the 2024 Gartner Magic Quadrant for Managed IoT Connectivity Services, Worldwide.

Key Points: 
  • 1NCE , a company offering a software platform for connected products, has been recognized as a Visionary in the 2024 Gartner Magic Quadrant for Managed IoT Connectivity Services, Worldwide.
  • **
    1NCE’s emphasis on digital self-service sales delivers a fast and easy experience signing up for its Lifetime Flat service.
  • Most recently, Fierce Telecom named 1NCE as a finalist in the IoT category of its Fierce Innovation Awards – Telecom Edition .
  • Ivo Rook, Chief Operating Officer at 1NCE: “IoT customers demand simplicity and everyone in the industry makes that promise.

J.P. Morgan Life Sciences Private Capital Team Adds Healthcare Veteran and Past Seagen CEO David Epstein to Advisory Board

Retrieved on: 
화요일, 2월 27, 2024
Rubius, Odyssey, Senior, Inborn errors of metabolism, Investment, Drug development, Growth, Sale, IPO, University, Intuitive Surgical, Neurodegenerative disease, Analog Devices, National academy, J. P. Morgan, MIT, Genetic distance, American Philosophical Society, Business development, Journal, Therapy, Imatinib, SRL Diagnostics, MidOcean Partners, Distinction, Laboratory, Cornell University, Drug discovery, Weill Cornell Medicine, Provost, Panasonic Executive Partner, Abbott Laboratories, Flagship, Novartis, Medtronic, MACP, Harvard Medical School, Nilotinib, American Academy, Yale School of Medicine, JPMorgan Chase, AI, MD, Flagship Pioneering, Harvard University, MassMutual, Executive, Cancer, Management

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- J.P. Morgan Life Sciences Private Capital today announced the addition of David Epstein to its Healthcare Advisory Board.

Key Points: 
  • NEW YORK, Feb. 27, 2024 /PRNewswire/ -- J.P. Morgan Life Sciences Private Capital today announced the addition of David Epstein to its Healthcare Advisory Board.
  • Mr. Epstein will now advise the J.P. Morgan Life Sciences Private Capital team.
  • The J.P. Morgan Life Sciences Private Capital team leverages JPMorgan Chase's scale, resources, data assets and healthcare expertise and sits within J.P. Morgan Private Capital, a venture and growth equity investment platform that is part of J.P. Morgan Asset Management.
  • The platform finances the continued growth of private companies and taps into significant pre-IPO value creation opportunities in the consumer and technology, and life sciences sectors.

Music Reports® Names Jason Walker Chief Executive Officer and Announces Other Senior Leadership Promotions

Retrieved on: 
금요일, 2월 23, 2024
Strategic planning, Growth, General counsel, Music Reports, Human, MidOcean Partners, Music, Service, Management

LOS ANGELES, Feb. 23, 2024 /PRNewswire/ -- Music Reports, Inc. ("Music Reports" or the "Company"), the world's leading independent music rights administration platform, today announced that its Board of Directors has appointed senior executive Jason Walker as Chief Executive Officer. This change is effective as of February 2024.

Key Points: 
  • LOS ANGELES, Feb. 23, 2024 /PRNewswire/ -- Music Reports, Inc. ("Music Reports" or the "Company"), the world's leading independent music rights administration platform, today announced that its Board of Directors has appointed senior executive Jason Walker as Chief Executive Officer.
  • This appointment marks a momentous occasion for Music Reports, as Mr. Walker has dedicated nearly 30 years to the Company, previously serving as the General Manager of the Audio-visual Services group.
  • "We are thrilled to be elevating Jason to Chief Executive Officer of Music Reports," said Sara Badham, Managing Director at MidOcean Partners, a middle-market private equity firm and majority owner of Music Reports.
  • Music Reports further strengthens its leadership team by announcing the promotions of Bill Colitre to Chief Operating Officer and General Counsel (COO & GC) and Aaron Partington to Chief Technology Officer (CTO).