Corporate finance

EQS-News: CPI PROPERTY GROUP – Stefano Filippi Appointed Head of Corporate Finance

Retrieved on: 
Wednesday, April 10, 2024
Health, CPI, London Business School, Music, Head, Corporate finance, Senior advisor, Trustee, Life Foundation, Barclays

CPI PROPERTY GROUP (“CPIPG”) is pleased to announce the appointment of Stefano Filippi as Head of Corporate Finance.

Key Points: 
  • CPI PROPERTY GROUP (“CPIPG”) is pleased to announce the appointment of Stefano Filippi as Head of Corporate Finance.
  • Stefano is a graduate of University Luigi Bocconi and conducted postgraduate studies at London Business School and King's College London – Dickson Poon School of Law.
  • “Attracting top talent typically leads to the best results, and we look forward to seeing Stefano in action.”’
    In addition to his group corporate finance responsibilities, Stefano will also assume the role of country manager for Italy.
  • Giuseppe Colombo, who served in that role with distinction for nearly five years, will remain with CPIPG as Senior Advisor for Italy.

EBRD and Erste Approve Financing for the Pupin Windfarm in Serbia

Retrieved on: 
Wednesday, March 27, 2024
Electricity, Economy, European Central Bank, Coal, Reconstruction, Policy, Sale, Blacksmith, Wind, Carbon, Corporate finance, Enlight Renewable Energy, EBRD, TEL, State, Renewable energy

TEL AVIV, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced The European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth $101 million for the construction of a new windfarm in Serbia, which will be built by Enlight. The financing package will provide a major boost to the country’s goal of diversifying its energy mix.

Key Points: 
  • The financing package will provide a major boost to the country’s goal of diversifying its energy mix.
  • The EBRD and Erste will provide parallel loans, worth $50.5 million each, including the associated debt service reserve facilities.
  • The Pupin project is expected to begin operating commercially in the second half of 2025.
  • The windfarm will also help to reduce the carbon intensity of Serbia’s power sector and advance its green economy transition.

Cushman & Wakefield Appoints Luke Herbert as Global Treasurer

Retrieved on: 
Monday, April 8, 2024
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, Urban Planning, REIT, Accounting, International Game Technology, Business administration, Equity, Senior, Corporate finance, Capital market, United States service academies, Harvard University, CWK, Cushman & Wakefield, Barclays, DEI, Management

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced Luke Herbert has joined the firm as Senior Vice President, Global Treasurer.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced Luke Herbert has joined the firm as Senior Vice President, Global Treasurer.
  • “I am thrilled to welcome Luke to Cushman & Wakefield as our new Global Treasurer.
  • Herbert joins Cushman & Wakefield from GXO Logistics, where he served as Vice President, Assistant Treasurer, responsible for cash management, liquidity planning, capital structure strategy and financial risk management globally.
  • Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries.

Millicom (Tigo) announces a new appointment in its executive team

Retrieved on: 
Friday, March 22, 2024
3M, CFO, Mergers and acquisitions, Consultant, Corporate finance, PwC, Management

Sheldon will be succeeded as CFO by Bart Vanhaeren, currently VP Corporate Finance at Millicom.

Key Points: 
  • Sheldon will be succeeded as CFO by Bart Vanhaeren, currently VP Corporate Finance at Millicom.
  • Sheldon will continue to serve as an advisor to Millicom through June 30, 2024 to ensure a continued smooth and organized transition.
  • He has also helped develop financial talent within the company, enabling the appointment of Bart.
  • Bart is a fourteen-year veteran of Millicom, having held several senior financial and management leadership roles during that time.

Greystone Closes $425 Million Healthcare CLO

Retrieved on: 
Monday, March 18, 2024
CLO, Goldman Sachs, CRE, Corporate finance, Capital market, Bridge, Nursing, UBS, Freddie Mac, HUD, Fannie Mae, J.P. Morgan & Co., Property management

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, today announced the closing on March 15, 2024 of Greystone CRE Notes 2024-HC3, a $425 million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed exclusively by bridge loans provided by Greystone Monticello on healthcare-related properties.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, today announced the closing on March 15, 2024 of Greystone CRE Notes 2024-HC3, a $425 million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed exclusively by bridge loans provided by Greystone Monticello on healthcare-related properties.
  • Greystone CRE Notes 2024-HC3 marks Greystone’s sixth overall CRE CLO and the industry’s third-ever CRE CLO comprised solely of healthcare assets, particularly skilled nursing, assisted living, memory care, and independent living facilities, the first two being closed by Greystone in 2018 and 2021.
  • This latest collateral pool for Greystone CRE Notes 2024-HC3 comprises 13 whole loans and 9 participations totaling $397 million that Greystone originated, secured by mortgages on 51 properties in 19 states.
  • Greystone will invest the remaining $28 million of CRE CLO proceeds over the next 180 days into comparable mortgage loan assets.

FTI Consulting Expands Transfer Pricing Expertise in the United States with Addition of Cedric Bernardeau

Retrieved on: 
Monday, March 18, 2024
Organization, FCN, FTI Consulting, FTI, EY, Senior, Corporate finance, IP, Partner, Intellectual property, Cryptocurrency

Mr. Bernardeau, who is based in New York, has 30 years of experience with transfer pricing and supply chain/value chain operating model advisory matters.

Key Points: 
  • Mr. Bernardeau, who is based in New York, has 30 years of experience with transfer pricing and supply chain/value chain operating model advisory matters.
  • He has served both U.S. and non-U.S. multinational companies in analyzing their value chain as well as designing and supporting the implementation of new business models.
  • Commenting on his appointment, Mr. Bernardeau said, “When thinking about opportunities in any tax jurisdiction, it’s critical that organizations prioritize compliance and transparency.
  • FTI Consulting’s global platform provides the reach that companies need to help them manage international business challenges and opportunities.

VCI Global Announces Plans to Accelerate Revenue Growth and Advance AI Innovations

Retrieved on: 
Wednesday, March 13, 2024
Research, VW, Private equity, Cox Communications, Knowledge, Lufthansa, Capital market, Corporate finance, Silicon, GameStop, BMW, PwC, VCI, Fortune 500, Adobe, Intelligence cycle, Machine learning, Management

These New York and London offices will be led by the recently appointed Group Executive Director, Marco Baccanello.

Key Points: 
  • These New York and London offices will be led by the recently appointed Group Executive Director, Marco Baccanello.
  • He is an accomplished Corporate Finance and Private Equity executive, specializing in advising fast growing technology companies on financing, growth strategies and merger and acquisitions.
  • The management is confident that these expansion plans will fuel accelerated revenue growth as the business continues to expand.
  • VCI Global’s AI R&D Center aims to nurture potential unicorn businesses, enhancing its future value proposition.

FTI Consulting Names Jiva Jagtap as Global Leader of Private Equity

Retrieved on: 
Tuesday, March 12, 2024
Ideation, Corporate finance, FTI, FTI Consulting, Private equity, FCN, Financial services

WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Jiva J. Jagtap as Global Leader of the firm’s Private Equity service offering .

Key Points: 
  • WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Jiva J. Jagtap as Global Leader of the firm’s Private Equity service offering .
  • In his role as Global Leader of the Private Equity service offering at FTI Consulting, he will lead a diversified cross-segment team of professionals across the firm’s global network who support private equity clients throughout the transaction lifecycle, from ideation, validation and assessment through transaction execution, value creation and eventual exit.
  • FTI Consulting is a trusted advisor to all 10 of the top 10 firms on the Private Equity International 300 list and serves over 300 private equity firms globally.
  • When firms choose FTI Consulting, we are trusted partners through the entire investment lifecycle.”
    Visit FTI Consulting’s Private Equity service offering webpage to learn more, and click here to sign up to receive Private Equity insights.

Houlihan Lokey Continues Expansion of Private Funds Advisory Capabilities With Senior Hires for U.S. Primary Practice

Retrieved on: 
Thursday, April 4, 2024
Banking, Professional Services, Houlihan Lokey, Culture, GP, J. P. Morgan, Finance, Lazard, UBS, Merrill (company), Executive officer, Brookfield (corporation), Houlihan, Acquisition, Credit Suisse, Mercury, Corporate finance, Morgan Stanley, Capital market, PFG, Jefferies, HSBC, Partner, Financial services

The additions establish Houlihan Lokey as one of the only investment banks in the industry with a single integrated team focused on primary capital raising, secondary capital advisory, direct equity fundraising, and GP stakes advisory.

Key Points: 
  • The additions establish Houlihan Lokey as one of the only investment banks in the industry with a single integrated team focused on primary capital raising, secondary capital advisory, direct equity fundraising, and GP stakes advisory.
  • These hires follow the announcement in December 2023 of the acquisition of Triago Management Development in a major expansion of Houlihan Lokey’s Private Funds Group, led by Global Co-Heads Andy Lund and Cristina Forcina Westermann.
  • At Greenhill & Co., he built and led the Primary Private Capital Advisory business, having joined the firm in 2021 from Mercury Capital Advisors, where he was Head of North America.
  • With the recent acquisition, the firm has shown its clear commitment to being the leader in private capital advisory.

Wilson Partners Brings Barnbrook Sinclair Onboard, Strengthening Accounting Group's Presence in South East England

Retrieved on: 
Tuesday, April 2, 2024
Finance, Consulting, Banking, Accounting, Professional Services, Corporate finance, Partner, Acquisition, SME, Private equity, Retail

High growth accounting, tax and corporate finance firm Wilson Partners has acquired the Woking-based firm Barnbrook Sinclair.

Key Points: 
  • High growth accounting, tax and corporate finance firm Wilson Partners has acquired the Woking-based firm Barnbrook Sinclair.
  • The move strengthens its presence in the South East of England and enables Wilson Partners to bolster its audit, tax and advisory capabilities.
  • Wilson Partners’ latest acquisition will drive revenues to £20m for y/e 2024, with 160 staff across 5 offices.
  • Allan Wilson, Wilson Partners MD said, “This is another exciting opportunity for us to grow our team and our reach.