FGP

Tengizchevroil starts WPMP operations at Tengiz oil field in Kazakhstan

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목요일, 4월 25, 2024

Chevron Corporation (NYSE: CVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field in Kazakhstan.

Key Points: 
  • Chevron Corporation (NYSE: CVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field in Kazakhstan.
  • TCO achieved this milestone by converting its first metering station at Tengiz to low pressure and activating the associated Pressure Boost Facility (PBF).
  • This marks important progress for TCO’s overall expansion project at Tengiz.
  • This will enable TCO to expand Tengiz crude oil production by an incremental 12 million tons per annum (260,000 barrels a day).

Synopsys Showcases EDA Performance and Next-Gen Capabilities with NVIDIA Accelerated Computing, Generative AI and Omniverse

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월요일, 3월 18, 2024

SUNNYVALE, Calif., March 18, 2024 /PRNewswire/ -- Building on more than three decades of collaboration, Synopsys, Inc. (Nasdaq: SNPS) today announced it is working with NVIDIA to substantially accelerate chip design and advance automotive prototyping using the power of AI and accelerated computing. The announcement was made at the NVIDIA GTC global AI conference.

Key Points: 
  • Synopsys Fusion Compiler™: Enables accelerated hybrid CPU/GPU performance scaling across digital placement, providing massive parallelization for compute-intensive exploration and optimization.
  • "Synopsys' EDA suite, together with NVIDIA's accelerated computing architecture, demonstrates the gains that can be achieved for these exceptionally demanding industrial workloads."
  • Synopsys will utilize the NVIDIA AI Enterprise software platform, which includes NVIDIA NeMo™ framework, and NVIDIA NIM inference and NeMo Retriever microservices deployment containers.
  • Synopsys customers will be able to deploy Synopsys.ai Copilot on air-gapped on-prem environments, leveraging the accelerated computing performance of NVIDIA DGX systems .

Falfurrias Growth Partners Raises $400 Million for Inaugural Fund in Oversubscribed Fundraising

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목요일, 12월 7, 2023

CHARLOTTE, N.C., Dec. 7, 2023 /PRNewswire/ -- Falfurrias Management Partners, LP (FMP) today announced it has closed its latest, oversubscribed lower middle-market private equity fund, Falfurrias Growth Partners I (FGP), at $400 million in investor commitments.

Key Points: 
  • CHARLOTTE, N.C., Dec. 7, 2023 /PRNewswire/ -- Falfurrias Management Partners, LP (FMP) today announced it has closed its latest, oversubscribed lower middle-market private equity fund, Falfurrias Growth Partners I (FGP), at $400 million in investor commitments.
  • In addition to FGP, FMP manages its larger $850 million fund, Falfurrias Capital Partners V, and has raised over $2.2 billion of capital since inception.
  • Demonstrating alignment with its investors, the General Partner of the fund committed approximately $45 million in capital alongside FGP limited partners.
  • Falfurrias Growth Partners is a new, oversubscribed $400 million fund aimed at lower middle-market investments.

Clear Creek Investments Announces Strategic Partnership with Falco Global Partners

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화요일, 8월 30, 2022

SOLANA BEACH, Calif., Aug. 30, 2022 /PRNewswire/ -- Clear Creek Investments ("CCI"), an emerging investment manager focused on sustainably oriented investments across the food, water, and energy sectors; and Falco Global Partners ("FGP"), a private equity operations management company; today announced a strategic partnership and investment, with FGP acquiring a minority stake in CCI and entering into a Portfolio Management Services Agreement to benefit current and future CCI portfolio companies and investors.

Key Points: 
  • With FGP's long standing operational support in European and trans-Atlantic investments, the partnership will broaden CCI's global reach, deepen its operational expertise, and increase its prospective limited partner base.
  • This strategic partnership follows CCI's hiring in January of Paul Ang and David Smith, CFA, as Managing Directors at the firm.
  • Clear Creek Investments ("CCI") is an emerging investment manager, based in Solana Beach, Calif., with a focus on investing in companies across the Energy, Food and Water sectors.
  • Falco Global Partners ("FGP") is a private equity operations management company based in Zurich, Switzerland.

Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

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수요일, 12월 1, 2021

Finally, approximately $1.5 billion is allocated to exploration, early-stage development projects, midstream activities and carbon reduction opportunities.

Key Points: 
  • Finally, approximately $1.5 billion is allocated to exploration, early-stage development projects, midstream activities and carbon reduction opportunities.
  • Approximately $2.3 billion of planned organic capital spending is associated with the companys downstream businesses that refine, market and transport fuels, and manufacture and distribute lubricants, additives, and petrochemicals.
  • This also includes capital to grow renewable fuels and products businesses.
  • Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.

Intelligo Receives $22 Million Investment from Felicitas Global Partners

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월요일, 11월 15, 2021

FGP, who is a client of Intelligo, initiated the investment independent of Intelligo, which only in November 2020 closed on a $15 million Series B financing round.

Key Points: 
  • FGP, who is a client of Intelligo, initiated the investment independent of Intelligo, which only in November 2020 closed on a $15 million Series B financing round.
  • "We are tremendously excited to receive this investment from Felicitas Global Partners," said Shlomo Mirvis, CEO and co-Founder of Intelligo.
  • "We're excited to have Felicitas join us in backing Intelligo as we embark upon this next phase of growth," added Mike Trapanese, Investment Principal and Partner at current Intelligo investor Behrens Investment Group.
  • Felicitas Global Partners, LLC (FGP) is an asset management firm focused on alternative investments such as niche private credit, equity, and secondaries.

Ivan J. Winfield Jr. Joins Ferrellgas as Chief Information Officer

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목요일, 5월 27, 2021

OVERLAND PARK, Kan., May 27, 2021 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (OTC: FGPR), one of the nations largest propane retailers, today announced that Ivan J. Winfield Jr. has been named Chief Information Officer.

Key Points: 
  • OVERLAND PARK, Kan., May 27, 2021 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (OTC: FGPR), one of the nations largest propane retailers, today announced that Ivan J. Winfield Jr. has been named Chief Information Officer.
  • Winfield joins Ferrellgas after spending 11 years with Seaboard Corporation, a diverse multinational agribusiness and transportation conglomerate and Fortune 500 company.
  • Weve been saying for many years now that Ferrellgas has best-in-class technology, Chairman and Chief Executive Officer Jim Ferrell said.
  • Weve found someone in Ivan Winfield Jr. who will lead us as we continue to transform Ferrellgas into a leading logistics company.

FGP launches ex-energy fund

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화요일, 5월 11, 2021

b'TORONTO, May 11, 2021 /CNW/ - Foyston, Gordon & Payne Inc. (FGP) has launched the FGP Canadian Ex-Energy Equity Fund for investors looking for FGP\'s disciplined, long-term value investment management without exposure to energy companies.

Key Points: 
  • b'TORONTO, May 11, 2021 /CNW/ - Foyston, Gordon & Payne Inc. (FGP) has launched the FGP Canadian Ex-Energy Equity Fund for investors looking for FGP\'s disciplined, long-term value investment management without exposure to energy companies.
  • This fund replicates FGP\'s flagship Canadian equity strategy, excluding investment in the energy sector.
  • "We know that many investors are concerned with high fossil fuel exposures and the resulting carbon intensity, so our new fund will be geared towards those investors.
  • For example, FGP was instrumental in convincing a major Canadian energy company to set meaningful carbon intensity targets.

Ferrellgas Partners, L.P. Enters Into Forbearance Agreement With Noteholders

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목요일, 6월 11, 2020

The Forbearing Holders also agreed to direct U.S. Bank National Association, as indenture trustee, not to take any remedial action during the term of the forbearance agreement.

Key Points: 
  • The Forbearing Holders also agreed to direct U.S. Bank National Association, as indenture trustee, not to take any remedial action during the term of the forbearance agreement.
  • During the forbearance period, FGP and the Forbearing Holders agreed to work cooperatively to negotiate a definitive restructuring agreement with respect to the 2020 Notes.
  • Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., and subsidiaries, serves propane customers in all 50 states, the District of Columbia, and Puerto Rico.
  • Ferrellgas Partners, L.P. filed a Form10-Q with the Securities and Exchange Commission on June 4, 2020.